Reid Hoffman Gives $10 Million To James Talarico’s Texas Senate Campaign

Forbes Published Jul 16, 2026 Reviewed Jul 16, 2026 ✓ Reviewed by citations.press editors

Reid Hoffman gave $10 million to support James Talarico’s Texas Senate campaign against Ken Paxton, the largest gift to a super PAC in the second quarter of 2024, according to Bloomberg citing Federal Election Commission filings.

10000000 USD · Reid Hoffman's donation to James Talarico’s Texas Senate campaign

James Talarico’s campaign received $30 million in donations in the second quarter of 2024, more than triple the $9 million donated to Ken Paxton’s campaign, according to the article.

30000000 USD · James Talarico’s campaign donations9000000 USD · Ken Paxton’s campaign donations

Reid Hoffman has given about $77 million to Democratic groups and campaigns since 2016, according to The Texas Tribune.

about 77000000 USD · Reid Hoffman’s total donations to Democratic groups and campaigns

In a June New York Times/Siena University poll, 47% of respondents supported each candidate in the Texas Senate race between James Talarico and Ken Paxton, indicating a neck-and-neck race four months before the primary.

47 % · support for James Talarico in the Texas Senate race47 % · support for Ken Paxton in the Texas Senate race

Billionaire and Democratic megadonor Reid Hoffman gave $10 million to support James Talarico’s Texas Senate bid against Republican Ken Paxton in a pivotal race for Democrats’ bid to take over the Senate.

The LinkedIn cofounder’s donation in support of the Texas state lawmaker was the largest gift to a super PAC in the second quarter of this year, Bloomberg reported, citing Federal Election Commission filings.

He previously donated $1.5 million to support Talarico, who is running in a close race with Paxton, who defeated incumbent Sen. John Cornyn, R-Texas, with the help of President Donald Trump’s endorsement in a primary runoff earlier this year.

Talarico’s campaign received $30 million in donations in the second quarter, more than triple the $9 million donated to Paxton’s campaign.

Hoffman is one of the Democratic Party’s largest donors—he has given about $77 million to Democratic groups and campaigns since 2016, according to Texas Tribune." href="https://www.texastribune.org/2026/05/14/texas-james-talarico-super-pac-donors-lone-star-rising-dark-money-democratic-billionaires/?utm_source=chatgpt.com" rel="nofollow noopener" target="_blank">The Texas Tribune.

We estimate Hoffman is worth $2.7 billion.

47%. That’s the share of support each candidate received in a June New York Times/Siena University poll, showing the race is neck-in-neck four months before the primary.

Paxton defeated Cornyn in the May primary runoff by 28 points, angering some Republicans as Cornyn, a four-term incumbent, is widely respected in the Senate. Trump endorsed Paxton after the initial primary, but he was already polling ahead of Cornyn. Both Paxton and Cornyn have controversial records. Talarico has been widely criticized for describing himself in a resurfaced 2021 podcast as a “Christian who hates Christianity,” and saying there are six biological sexes in a 2021 state legislature debate.

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