With Honor is a PAC that is currently backing 33 candidates—19 Democrats and 14 Republicans—and its looking at getting at least 20 of them elected. The billionaire Amazon founder’s donation makes up as much as one-third of the group’s funding goal of $30 million.
Jeff Bezos, who is the world’s richest man according to Forbes and Bloomberg, has a net worth of more than $160 billion. But he has always been criticized for not donating heavily to charitable causes like his fellow billionaires Bill Gates and Warren Buffett. Bezos has often said that prefers to focus on long-term investments that are contributing to society and civilization in their own ways. And his political donations have been few and far between as well. Before now, his biggest was a $2.5 million contribution to support same-sex marriages in 2012.
Bezos’ generous donation comes the day after Amazon’s market cap briefly topped $1 trillion, making it only the second company to do so after Apple.