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Donor

Christian Larsen

Individual

Co-Founder, Ripple · California

8 gifts to 3 groups, as reported to the FEC by the groups that received them.

Loser

Christian Larsen gave $12M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 1% ended up on the winning side ($99K won, $10M lost).

Gave to outside spenders

$12M

100% of it helped Democrats

Ended up on the winning side

1%

$99K of the dollars in races already called

Spent on the losing side

$10M

Not spent yet

$1.4M

Sitting with groups that have not spent

Where the cheques went

A person writing cheques from their own fortune. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Result not matched
GroupGaveHow the group spent itWon / lost
Future Forward (FF PAC)

$1.3M not spent yet

$12M
$0 / $10M
House Majority PAC

$39K not spent yet

$200K
$84K / $72K
DCCC

$11K not spent yet

$38K
$15K / $11K

The trail

What the money bought

The candidates Christian Larsen's money was spent for or against, pro-rated by Christian Larsen's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Kamala HarrisPresidentSupporting$10M✗ No
Joseph R Jr BidenPresidentSupporting$15KUnknown
Donald TrumpPresidentAttacking$12K✗ No
Austin TheriaultMaine 2nd DistrictAttacking$8K✓ Yes
John DuarteCalifornia 13th DistrictAttacking$7K✓ Yes
Tom BarrettMichigan 7th DistrictAttacking$7K✗ No
Sandy SmithNorth Carolina 1st DistrictAttacking$7K✓ Yes
Anthony P. D'EspositoNew York 4th DistrictAttacking$7K✓ Yes
Michelle SteelCalifornia 45th DistrictAttacking$6K✓ Yes
Rob Bresnahan Jr.Pennsylvania 8th DistrictAttacking$6K✗ No
Scott BaughCalifornia 47th DistrictAttacking$6K✓ Yes
David SchweikertArizona 1st DistrictAttacking$6K✗ No

Individual as classified from the FEC entity type and public reporting.

Questions people ask

How much did Christian Larsen spend on the 2024 elections, and did it win?
Christian Larsen gave $12M to super PACs and other outside groups in the 2024 federal elections, and 100% of it helped Democrats (FEC filings through Dec 31, 2024). Counting dollars, not candidates, and only races already called, 1% ended up on the winning side ($99K won, $10M lost).
Which super PACs did Christian Larsen fund in 2024?
Future Forward (FF PAC) ($12M), House Majority PAC ($200K), DCCC ($38K).
Which candidates did Christian Larsen's money end up backing or attacking in 2024?
for Kamala Harris (President, about $10M, lost); for Joseph R Jr Biden (President, about $15K, unknown); against Donald Trump (President, about $12K, lost). Amounts are the donor's share of each group's spending.