A billionaire sets a new record for election donations

Victor Boolen

A billionaire sets a new record for election donations

What is with you Kuzan, Robbins Ometo set a new record in donations for this year’s nominations, surpassing the level he set in 2018.

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That year, Ometo funneled R$7.5 million to people he believed could win the municipal dispute, while as of the day before yesterday, the businessman had transferred R$15.3 million to 160 people and political parties, in 87 cities.

Beneficiaries of electoral donations

Donation recipients include party guides such as PL, MDB, PP, PSD, PSDB, Uniao Brasil, Podemos, PSB and PDT.

Among the 146 candidates who received donations were representatives of 16 different parties, including MDB, Avante, Novo, PDT, PL, PMB, Podemos, PP, PRD, PSB, PSB, PSD, PT, Republicans, Solidaredade and Uniao Brasil.

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In addition to the records in 2018 and 2024, Ometo also led political donations in 2020 with R$2.6 million, and in 2022 with R$7.4 million. Magazine Forbes Ometto’s assets are estimated at R$8 billion.

Impact of the ban on corporate donations

Ometu’s contributions have been particularly significant since the Supreme Federal Court (STF) banned corporate donations in 2015. Since then, he has emerged as one of the largest individual donors to election campaigns.

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