Replication Data for: Billionaire Politicians: A Global Perspective
Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)
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Title |
Replication Data for: Billionaire Politicians: A Global Perspective
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Identifier |
https://doi.org/10.7910/DVN/6P9SUS
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Creator |
Krcmaric, Daniel
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Publisher |
Harvard Dataverse
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Description |
This article introduces an original dataset of formal political participation for over 2,000 individuals included in the Forbes Billionaires List. We find that billionaire politicians are a surprisingly common phenomenon: Over 11% of the world’s billionaires have held or sought political office. Even compared to other elite groups known for producing politicians from their ranks, this is a high rate of political participation. Moreover, billionaires focus their political ambitions on influential positions, have a strong track record of winning elections, and lean to the right ideologically. We also document substantial cross-national variation: A country’s number of billionaire politicians is not simply a product of its total number of billionaires but is instead related to regime type. Indeed, billionaires formally enter the political sphere at a much higher rate in autocracies than in democracies. We conclude by discussing the normative implications of our findings and outlining a new research agenda on billionaire politicians.
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Subject |
Social Sciences
billionaires; Forbes; money in politics; leaders; elites |
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Date |
2023-10-30
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Contributor |
Krcmaric, Daniel
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