The California Oligarch Index

Learn about the corporations and billionaires that dominate California politics, expanding their own wealth while causing severe harm to middle-class, working-class, and low-income families across the state

California’s 99 Problems


From 2005 to 2024, over $30 billion was spent on state-level political campaigns and lobbying in California. Much of that money was spent on efforts to improve healthcare, expand affordable housing, strengthen the public education system, address climate change, and advance other critical social and racial justice initiatives. Many more billions were spent by individuals and organizations to oppose those efforts and advance other strategies that would expand inequities across the state.

Out of the more than 41 million people, businesses, and non-profit organizations in the state, just 99 of them – the largest and most influential opponents of efforts to improve the health and well-being of Californians – spent $5.8 billion by themselves to advance their agenda within state politics.

Incredibly, just these 99 oligarchs and allied organizations spent more than the bottom 99.9% of California residents – more than over 41 million people, small businesses, non-profits, and other organizations combined.

Meet California’s 99 Problems, the billionaires, corporations,1 corporate advocacy groups, and law enforcement organizations that exert enormous influence over the lives of California residents, undermine our democracy, and are the primary opponents to creating healthier, safer, and more equitable communities across the state.


1 Some readers may be confused by the discussion of corporations as oligarchs. It is important to understand that major U.S. corporations are largely controlled by the ultra-wealthy. For example, just three Wall Street firms – Vanguard, BlackRock, and State Street – are the major shareholders in 95% of S&P 500 corporations, 54% of all stocks in the U.S. are owned by the wealthiest 1%, and the bottom 50% of U.S. households own only 1% of all stocks. Thus, when large corporations engage in political activity, they are doing so to advance the interests of their owners, who are primarily oligarchs.

Real Estate/Housing (17)

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California Association of Realtors

California Association of Realtors

Headquarters

Los Angeles, CA

Total state-level political spending, 2005-2024

$254.2 million

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California Apartment Association

California Apartment Association

Headquarters

Sacramento, CA

Total state-level political spending, 2005-2024

$198.8 million

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California Building Industry Association

California Building Industry Association

Headquarters

Sacramento, CA

Total state-level political spending, 2005-2024

$84.0 million

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Essex Property Trust

Essex Property Trust

Headquarters

San Mateo, CA

Total state-level political spending, 2005-2024

$67.4 million

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Equity Residential

Equity Residential

Headquarters

Chicago, IL

Total state-level political spending, 2005-2024

$48.9 million

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AvalonBay Communities

AvalonBay Communities

Headquarters

Arlington, VA

Total state-level political spending, 2005-2024

$41.0 million

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Michael Hayde (Western National Group)

Michael Hayde (Western National Group)

Headquarters

Irvine, CA

Total state-level political spending, 2005-2024

$28.2 million

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The Irvine Company

The Irvine Company

Headquarters

Newport Beach, CA

Total state-level political spending, 2005-2024

$26.7 million

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Blackstone

Blackstone

Headquarters

New York, NY

Total state-level political spending, 2005-2024

$24.6 million

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National Association of Realtors

National Association of Realtors

Headquarters

Chicago, IL

Total state-level political spending, 2005-2024

$24.5 million

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Kilroy Realty

Kilroy Realty

Headquarters

Los Angeles, CA

Total state-level political spending, 2005-2024

$17.9 million

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Prometheus Real Estate Group

Prometheus Real Estate Group

Headquarters

San Mateo, CA

Total state-level political spending, 2005-2024

$17.0 million

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Western Manufactured Housing Communities

Western Manufactured Housing Communities

Headquarters

Sacramento, CA

Total state-level political spending, 2005-2024

$15.9 million

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Douglas Emmett Properties

Douglas Emmett Properties

Headquarters

Santa Monica, CA

Total state-level political spending, 2005-2024

$15.3 million

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California Business Properties Association

California Business Properties Association

Headquarters

Sacramento, CA

Total state-level political spending, 2005-2024

$13.7 million

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UDR Apartments

UDR Apartments

Headquarters

Highlands Ranch, CO

Total state-level political spending, 2005-2024

$12.3 million

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Cypress Management Company

Cypress Management Company

Headquarters

Reno, NV

Total state-level political spending, 2005-2024

$8.7 million

Pharmaceuticals (14)

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Pharmaceutical Research and Manufacturers of America

Pharmaceutical Research and Manufacturers of America

Headquarters

Washington, D.C.

Total state-level political spending, 2005-2024

$167.0 million

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Pfizer

Pfizer

Headquarters

New York, NY

Total state-level political spending, 2005-2024

$49.9 million

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Johnson & Johnson

Johnson & Johnson

Headquarters

New Brunswick, NJ

Total state-level political spending, 2005-2024

$46.1 million

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GlaxoSmithKline (GSK)

GlaxoSmithKline (GSK)

Headquarters

London, United Kingdom

Total state-level political spending, 2005-2024

$35.2 million

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Merck

Merck

Headquarters

Rahway, NJ

Total state-level political spending, 2005-2024

$35.1 million

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Amgen

Amgen

Headquarters

Thousand Oaks, CA

Total state-level political spending, 2005-2024

$31.0 million

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AbbVie

AbbVie

Headquarters

North Chicago, IL

Total state-level political spending, 2005-2024

$29.6 million

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Eli Lilly

Eli Lilly

Headquarters

Indianapolis, IN

Total state-level political spending, 2005-2024

$23.7 million

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Novartis

Novartis

Headquarters

Basel, Switzerland

Total state-level political spending, 2005-2024

$22.6 million

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AstraZeneca

AstraZeneca

Headquarters

Cambridge, United Kingdom

Total state-level political spending, 2005-2024

$22.2 million

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Bristol-Myers Squibb

Bristol-Myers Squibb

Headquarters

Princeton, NJ

Total state-level political spending, 2005-2024

$22.0 million

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Sanofi

Sanofi

Headquarters

Paris, France

Total state-level political spending, 2005-2024

$20.9 million

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Genentech

Genentech

Headquarters

South San Francisco, CA

Total state-level political spending, 2005-2024

$20.4 million

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Abbott Laboratories

Abbott Laboratories

Headquarters

Abbott Park, IL

Total state-level political spending, 2005-2024

$15.8 million

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About this project


All people should have the power to shape the policies and systems that intersect with their lives. However, in an oligarchy, that power is enjoyed by only a small number of extremely wealthy individuals. Meanwhile, everyone else is left to try and survive in a system that prioritizes profits for the ultra-rich over their health and well-being.

That is the system in which Americans are currently living. Billionaires and large corporations accumulate extraordinary wealth through the money and labor provided by middle-class, working-class, and low-income families. They then use that wealth to: (a) elect politicians who support their priorities; and (b) dominate the policymaking process with their armies of lobbyists, think tanks, public relations/media firms, and advocacy organizations. This “Oligarch Ecosystem” has been enormously successful in blocking (or rolling back) social and racial justice efforts and advancing policies that reflect their priorities, allowing them to further expand their wealth and perpetuate a vicious cycle of greed, corruption, and exploitation. Meanwhile, the overwhelming majority of people pay the price as their lives get more and more difficult because of policies that were never designed to benefit them or meet their needs.

To be clear, the problem isn’t that there are rich people. The problem is that there are people who become ultra-rich on the backs of others and then use their wealth to actively make those same people’s lives harder.

At the Social Movement Support Lab, we fight systemic racism and inequality by partnering with the most impacted communities and providing them with the multidisciplinary support they need to create transformative social change. Unfortunately, the many people and organizations working to expand social justice, racial justice, and democracy frequently lack the type of data and research needed to understand the strategy, tactics, and overall agenda of the oligarchs opposing their efforts. That gap severely limits the effectiveness of efforts to create the social change that is so urgently needed.

The California Oligarch Index is designed to fill that gap. By exposing the outsized role that a small number of individuals and organizations play in controlling state and local politics, we can start to level the playing field and enable all people and communities to assert their rightful political power.

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