Billionaire Jeff Yass Gives $8 Million to Republican Super PAC in March
- Yass is largest political donor so far in the 2024 election
- ByteDance investor has given $55 million so far in 2024 cycle
Photographer: Callaghan O'Hare/Bloomberg
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Jeff Yass, the Republican political donor who holds a 15% stake in TikTok parent ByteDance Ltd., gave $8 million in March to a Republican super political action committee.
Yass is stockpiling the funds in the Protect Freedom PAC, which has backed GOP candidates in congressional races and Kentucky’s 2023 gubernatorial election. The group, which counts Yass as its most significant donor, began April with $10 million on hand that it can spend on the 2024 election, according to a Federal Election Commission filing disclosed Wednesday.