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Donor

Stephen Schwarzman

Individual

Chairman & CEO, Blackstone · New York

16 reported gifts; 8 recipient groups listed, as reported to the FEC by the groups that received them.

Backed losers

Stephen Schwarzman gave $37M to super PACs and other outside groups in the 2026 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 5% were on the winning side ($987K won, $21M lost, with $1.2M in races still being counted). $1.8M had no matched result and is excluded.

Gave to outside spenders

$37M

98% of it helped Republicans

Winning share of scored dollars

5%

$22M scored (59% of gifts)

Spent on the losing side

$21M

$1.2M still being counted

Not allocated or result unknown

$14M

$12M not allocated to tracked outside spending; $1.8M has no matched result. Neither is cash on hand.

Where the checks went

A person writing checks 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 check 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 Race not called yet Result not matched
GroupGaveHow the group spent itWon / lost
Senate Leadership Fund

$7.2M not allocated to tracked outside spending

$20M
$487K / $12M
MAGA Inc.

$4.3M not allocated to tracked outside spending

$10M
$15K / $5.2M
Pine Tree Results PAC$4.0M
$0 / $2.6M
Texans for a Conservative Majority

$125K not allocated to tracked outside spending

$1.5M
$450K / $519K
Congressional Leadership Fund

$150K not allocated to tracked outside spending

$1.0M
$2K / $810K
The Sentinel Action Fund

$256K not allocated to tracked outside spending

$500K
$32K / $211K
NRSC

$89K not allocated to tracked outside spending

$89K
$0 / $0
NRCC

$44K not allocated to tracked outside spending

$44K
$0 / $0

The trail

What the money bought

The candidates Stephen Schwarzman's money was spent for or against, pro-rated by Stephen Schwarzman's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Troy JacksonMaine SenateAttacking$4.0M✗ No
Sherrod BrownOhio Senate (special)Attacking$3.8M✗ No
Abdul El-SayedMichigan SenateAttacking$2.2M✗ No
Josh TurekIowa SenateAttacking$1.8M✗ No
Roy CooperNorth Carolina SenateAttacking$1.2M✗ No
Graham PlatnerMaine SenateAttacking$867KUnknown
James TalaricoTexas SenateAttacking$680K✗ No
Mary PeltolaAlaska SenateAttacking$666KCounting
Chris PappasNew Hampshire SenateAttacking$653K✗ No
Adam HamiltonKansas SenateAttacking$634K✗ No
Graham PlatnerMaine Senate (primary)Attacking$525KUnknown
Ken PaxtonTexas Senate (primary)Attacking$519K✗ No

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

Questions people ask

How much did Stephen Schwarzman spend on the 2026 elections, and did it win?
Stephen Schwarzman gave $37M to super PACs and other outside groups in the 2026 federal elections, and 98% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 5% were on the winning side ($987K won, $21M lost, with $1.2M in races still being counted). $1.8M had no matched result and is excluded.
Which super PACs did Stephen Schwarzman fund in 2026?
Senate Leadership Fund ($20M), MAGA Inc. ($10M), Pine Tree Results PAC ($4.0M), Texans for a Conservative Majority ($1.5M), Congressional Leadership Fund ($1.0M).
Which candidates did Stephen Schwarzman's money end up backing or attacking in 2026?
against Troy Jackson (Maine Senate, about $4.0M, lost); against Sherrod Brown (Ohio Senate (special), about $3.8M, lost); against Abdul El-Sayed (Michigan Senate, about $2.2M, lost). Amounts are the donor's share of each group's spending.