New megadonors with major business before the government back Trump's super PAC

Source: NBC News

Jan. 12, 2026, 5:00 AM EST


As President Donald Trump began his second decade at the center of American politics in 2025, a few wealthy donors took a step they hadn’t ever made before: making major contributions to his super PAC.

More than a dozen donors who gave at least $1 million to the Trump-affiliated MAGA Inc. super PAC after the president’s 2024 election win hadn’t previously given federal political donations to anyone approaching even 10% of that size, according to an NBC News analysis of Federal Election Commission records. For some, it was their first time sending a disclosed donation to any Trump-aligned political group.

Those contributions came at a time when Trump’s super PAC wasn’t spending on elections, of course, but as Trump was governing or preparing to govern in the year-plus after he won. And while Trump maintains a large and loyal base of longtime supporters and donors, some of the brand-new financial backers have specific business interests in front of the federal government, important contracts with federal agencies or companies in sectors that could face dramatic shifts due to federal policies. Others had relatives facing years in federal prison.

It’s unclear if those people or others gave to other political groups in 2025. While MAGA Inc. filed a new report early due to its involvement in a December special election, other super PACs don’t have to detail their donors from the second half of 2025 until Jan. 31. And nonprofits and other groups give donors other avenues to contribute undisclosed amounts of money, too.

Read more: https://www.nbcnews.com/politics/politics-news/new-megadonors-major-business-government-back-trumps-super-pac-rcna252867