The Richest in the World

Politics · 2026-10-24

California Billionaires Spend 0.07% of Wealth Fighting Prop 40

#Californiabillionaires#Proposition40#politicalspending#LosAngelesTimes#wealthpercentage#ballotmeasure#campaignfinance

Los Angeles Times: "The millions spent by California billionaires against Prop. 40 is about 0.07% of their wealth"

01

Our take:

The political spending of California's ultra-rich is a rounding error on their balance sheets, but a force multiplier at the ballot box.

Read the original report at Los Angeles Times →

Written with the help of AI by Ghostwriter KIERO SWISS from the sources named in the article.

← All news

Cookies & personalised advertising

The Richest in the World uses cookies to operate the site and to serve advertising through Google AdSense and other partners. Personalised ads use identifiers stored on your device. You can accept, reject, or read more in our Privacy Policy. Choosing Reject still lets you use the site — Google will serve non-personalised ads only.