Why are there no black Koch brothers?

Main Idea: The article says black billionaires like Oprah Winfrey, Michael Jordan, and Robert Smith are rare as major political donors, while white megadonors like Sheldon Adelson have far more influence.

Key Points:

• A review of federal donation data found that wealthy Black donors have mostly stayed out of the top ranks of political giving since 2010.
• The piece says this leaves political power in the hands of a small group of older white donors who do not reflect a changing U.S. population.
• Sheldon Adelson is used as a major example of how one wealthy donor can spend huge sums and shape policy outcomes.
• The article says Wayne Jordan is the only African-American to appear in the top 100 donors list since 2009, showing how rare Black megadonors are.