Swiss Billionaire Spent $57 Million Promoting Progressive Causes Last Election Cycle

A progressive Swiss billionaire spent $57 million during the 2024 election cycle exploiting loopholes around foreign spending on American politics in order to promote left-wing causes.

From April 2024 to March 2025, billionaire Hansjorg Wyss poured $57 million into progressive activism and ballot measures, continuing his pattern of prolific spending on U.S. politics, according to new non-profit disclosure forms. He put $27 million of the funds into the Sixteen Thirty Fund, an entity tied to left-wing dark money network Arabella Advisors.

About the Author

James Lynch

James Lynch is a news writer for National Review. He previously was a reporter for the Daily Caller. He is a graduate of the University of Notre Dame and based in the Washington, D.C. area.

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A progressive Swiss billionaire spent $57 million during the 2024 election cycle exploiting loopholes around foreign spending on American politics in order to promote left-wing causes.

From April 2024 to March 2025, billionaire Hansjorg Wyss poured $57 million into progressive activism and ballot measures, continuing his pattern of prolific spending on U.S. politics, according to new non-profit disclosure forms. He put $27 million of the funds into the Sixteen Thirty Fund, an entity tied to left-wing dark money network Arabella Advisors.

About the Author

James Lynch

James Lynch is a news writer for National Review. He previously was a reporter for the Daily Caller. He is a graduate of the University of Notre Dame and based in the Washington, D.C. area.