Millionaire Candidates


Millionaire Candidates

 As the costs of running for office have escalated, more and more candidates are jumping into politics   using their personal fortune, rather than trying to raise all those funds from other people.

Though they don’t lack for money, self-funded candidates typically lose at the polls.

 Election cycle: 2008 -2006 -2004 -2002

 Chamber Candidate Self-funding -Raised from Others Percentage- Self-funded Result

 Senate Ned Lamont (D-Conn) $16,975,678 $3,604,925 82.5%

Lost Senate Pete Ricketts (R-Neb) $12,025,597 $1,399,299 89.6%

Lost Senate Jim Pederson (D-Ariz) $10,910,827 $3,798,801 74.2%

 Lost Senate Richard E Tarrant (R-Vt) $7,200,000 $115,854 98.4%

 Lost Senate Herb Kohl (D-Wis) $5,755,000 $334,212 94.5%

Won House Vernon Buchanan (R-Fla) $5,450,000 $2,673,186 67.1%

Won Senate Joshua B Rales (D-Md) $5,250,397 $691,187 88.4%

 Lost Primary Senate Bob Corker (R-Tenn) $4,169,200 $14,690,249 22.1%

 Won House Eric Roach (R-Calif) $2,849,894 $67,150 97.7%

 Lost Primary House David McSweeney (R-Ill) $2,766,938 $2,291,884 54.7%

Lost Senate Katherine Harris (R-Fla) $2,575,150 $6,091,653 29.7%

Lost House Steve Kagen (D-Wis) $2,551,000 $669,730 79.2%

Won House Charles H Taylor (R-NC) $2,530,580 $1,613,143 61.1%

 Lost Senate Michael McGavick (R-Wash) $2,510,000 $8,343,230 23.1%

 Lost Senate John R Raese (R-WVa) $2,285,700 $868,848 72.5%

Lost House Jack Davis (D-NY) $2,255,377 $144,030 94.0%

Lost House Capri Cafaro (D-Ohio) $2,098,749 $22,686 98.9%

 Lost Primary House Mike Erickson (R-Ore) $1,567,400 $218,644 87.8%

Lost House William J Hauf (R-Calif) $1,562,942 $10,810 99.3%

Lost Primary House Frank A Guglielmi (R-Ohio) $1,562,850 $101,699 93.9%

 Lost Primary House Bob Shamansky (D-Ohio) $1,400,000 $288,254 82.9%

Lost Senate Edward F Cox (R-NY) $1,272,000 $336,069 79.1%

Dropped Out House Kathleen R Salvi (R-Ill) $1,259,593 $326,322 79.4%

Lost Primary House Richard H Roberts (R-Tenn) $1,223,491 $1,068,843 53.4%

 Lost Primary House Alan Kurt Uke (R-Calif) $1,149,685 $182,778 86.3%

Lost Primary Senate Lincoln D Chafee (R-RI) $1,139,702 $4,282,551 21.0%

Lost Senate Harris N Miller (D-Va) $1,043,556 $689,121 60.2%

Lost Primary House Van Taylor (R-Texas) $1,020,000 $1,569,364 39.4%

Lost Senate Alan M Sandals (D-Pa) $788,419 $67,389 92.1%

Lost Primary Senate William McBride (R-Fla) $755,000 $312,296 70.7%

Lost Primary House Ellen Simon (D-Ariz) $710,369 $804,591 46.9%

Lost House John A Yarmuth (D-Ky) $708,301 $1,541,997 31.5%

Won House Lukin Gilliland Jr (D-Texas) $700,000 $355,772 66.3%

Lost House Alan Mark Grayson (D-Fla) $675,000 $55,146 92.5% 

Lost Primary Senate Kelly Doran (D-Minn) $649,060 $112,630 85.2%

Dropped Out Senate Kathleen Troia McFarland (R-NY) $600,000 $1,044,740 36.5%

Lost Primary House Quentin Kuhio Kawananakoa (R-Hawaii) $578,000 $238,686 70.8%

Lost Primary House David Magnum (R-Wis) $558,000 $391,832 58.8%

Lost House Mike Whalen (R-Iowa) $552,523 $1,767,120 23.8%

Lost Senate Keith Butler (R-Mich) $544,254 $2,697,507 16.8%

Lost Primary House John Dee Jacob (R-Utah) $544,000 $47,830 91.9%

Lost Primary House Lavar Christensen (R-Utah) $540,000 $325,800 62.4%

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