Pennsylvania billionaire Jeff Yass and his wife Janine Yass have directed $30 million into V-PAC: Victors, Not Victims, a super Political Action Committee (PAC) backing Vivek Ramaswamy's bid for Ohio Governor, making them the single largest outside funders of the Indian-American Republican's campaign, according to a Washington Post donor tracker based on Federal Election Commission (FEC) data as of 23 October 2026.

The Scale of the Yass Investment

The Yasses rank as the third-largest donors of the entire 2026 election cycle, with roughly $110 million in total contributions — trailing only Elon Musk and shipping magnates Elizabeth and Richard Uihlein. Their $30 million contribution to V-PAC alone represents either approximately one-third of the super PAC's total fundraising on the FEC's count, or about half on the Post's tally, depending on the methodology used. All figures are rounded, and FEC data is self-reported by committees and subject to amendment.

FEC filings processed to date show Jeff Yass routing $20 million to V-PAC across three cheques — $10 million in March 2025 and $5 million each in January and March 2026. V-PAC reported raising approximately $60 million overall, with about $12 million in cash on hand as of 30 September, according to its FEC totals.

Other Major V-PAC Donors

Beyond the Yasses, V-PAC has drawn substantial backing from a cohort of prominent investors and entrepreneurs. FEC records show investor Ross Stevens contributed approximately $6 million, software entrepreneur Ratmir Timashev gave $5 million, Elon Musk added another $5 million, and hedge fund manager Bill Ackman contributed $1 million. Notably, ITServe Alliance — an association of Indian-American-led IT services companies — donated approximately $275,000 to V-PAC, underscoring community-level financial support for Ramaswamy.

Ramaswamy's Ohio Governor Race

Vivek Ramaswamy, the son of Indian immigrants and a former Republican presidential candidate, is contesting the Ohio Governor election on 3 November with the endorsement of former President Donald Trump. The race has drawn national attention partly because of Ramaswamy's profile as a prominent Indian-American conservative voice following his 2024 presidential run.

The Yasses' Broader Giving Pattern

The V-PAC contribution is part of a far wider political spending footprint. According to the Post, the Yasses also gave approximately $18 million to School Freedom Fund, a school-choice super PAC, and about $17 million to Club for Growth Action. FEC filings further show Jeff Yass directed $16 million to MAGA Inc., the primary pro-Trump super PAC, and roughly $13 million to Protect Freedom PAC, which supports Senator Rand Paul.

Jeff Yass co-founded the Pennsylvania-based trading firm Susquehanna International Group. Janine Yass founded a Philadelphia charter school and is a prominent advocate for school choice. The Brennan Center for Justice counts the Yasses among traditional finance donors, noting that their sector's share of top-40 giving has fallen to 15 per cent this cycle as crypto and tech money rises. Collectively, the 50 biggest donors of the 2026 cycle have contributed approximately $2.8 billion, with Republican-leaning donors accounting for about $1.7 billion of that total, the Post found.