A Study by Northwestern University has found that more than 11% of the world's billionaires have run for election or become politicians, with a "strong track record" of winning elections. The study highlights the growing power and influence of the super-wealthy, who often lean to the right ideologically. Billionaire Politicians are particularly common outside the US, with examples such as Terry Gou in Taiwan and Andrej Babiš in the Czech Republic. The study also notes that billionaires have significant political power through their donations to support candidates and parties, with record-breaking contributions of $881 million in the 2022 US federal midterm elections.

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