Democrat Billionaire Behind Kamala Harris Cash Just Bet a Million Against Ralph Norman

Chris Larsen wired more than 11 million dollars into Kamala Harris' campaign in 2024.
That same billionaire is now writing checks in a Republican Senate primary in South Carolina.
His target is not Darline Graham, and the reason why should make every conservative voter in the state furious.
The Ripple Billionaire Who Bankrolled Harris Is Now Funding a South Carolina Runoff
Chris Larsen co-founded the crypto company Ripple and became one of Kamala Harris' biggest single donors, pouring over 11 million dollars in cash and crypto into her 2024 presidential bid.
Larsen has personally funded 6 million dollars of the 6.8 million dollar war chest built by his group, the Invest in Tomorrow Coalition, which just announced at least 1 million dollars in spending to defeat Ralph Norman in the South Carolina GOP Senate runoff.
Two other Graham-aligned groups have already dropped a combined 1.45 million dollars into the race in just the past few days.
That is 2.45 million dollars in outside money, most of it tied to left-wing donors, all of it aimed at knocking out the conservative in a Republican primary.
Tom Matzzie chairs the Invest in Tomorrow Coalition and founded CleanChoice Energy, a renewable power company that depends on the green energy tax credits Norman voted to eliminate in the Republicans' Working Families Tax Cuts bill.
The group has paid Tusk Strategies, a Democratic consulting firm, at least 1.4 million dollars to build and run the ad campaign against him.
Why a Green Energy PAC Wants a Republican Named Graham to Win
None of the ads attacking Norman mention green energy tax credits.
Instead they hammer him over his 2024 endorsement of Nikki Haley, framing a sitting House Republican as disloyal to Trump.
That is the tell.
A donor who spent 11 million dollars electing Kamala Harris does not suddenly care about Trump loyalty tests – he cares about protecting the subsidies that built his energy company.
Radio host Tara Servatius laid it out plainly: even Democrats know Darline Graham is a Democrat, and they are hoping South Carolina Republicans do not figure that out before the runoff.
This is not new.
Democratic groups spent more than 46 million dollars in 2022 boosting Trump-backed Republicans in primaries over more moderate opponents, hoping to hand themselves an easier opponent in November, according to Fox News.
The same playbook is running again in South Carolina, just with cleaner branding and a bigger single check.
What South Carolina Republicans Are Actually Being Asked to Decide
The choice in front of GOP primary voters on August 25 was supposed to be simple – pick the Republican who best represents South Carolina in the Senate.
Instead, a Ripple billionaire who helped fund Kamala Harris' campaign has decided he gets a vote too, and he is spending seven figures to make sure it counts more than any single South Carolinian's.
Norman has a 100 percent Heritage Action rating and endorsements from Rick Scott, Mike Lee, and Mark Meadows.
Whatever Darline Graham actually believes, the people bankrolling her campaign against a sitting conservative congressman are not doing it out of love for the Republican Party.
South Carolina voters do not need a debate transcript to figure out who benefits if Chris Larsen's money buys Darline Graham a Senate seat – they just need to ask why a Kamala Harris megadonor is suddenly so invested in a Republican primary.
Sources:
- Chris Larsen donations to Kamala Harris campaign, "Billionaire Ripple founder has given more than $11.8 million to Harris campaign," CNBC, October 21, 2024.
- Invest in Tomorrow Coalition spending and Tom Matzzie background, "Green Energy PAC Targets Ralph Norman in South Carolina Senate Runoff," Breitbart, August 16, 2026.
- Larsen's 6 million dollar funding of the PAC's war chest, "The Green Energy Group Targeting MAGA Republicans for Defeat," Washington Examiner, 2026.
- Confirmation of Larsen as primary PAC bankroller, "Top Trump Ally Warns Super PAC Bankrolled by Dem Billionaire Is Meddling in His GOP Primary," Fox News, 2026.
- Combined outside spending figures, Nick Reynolds, post on X, August 2026.
- Tara Servatius commentary on Democrat PAC involvement, post on X, August 16, 2026.
- Historical pattern of Democrat spending in GOP primaries, "Biden demonizes 'MAGA Republicans,' but Dems spent over $46 million to help pro-Trump candidates win primaries," Fox News, 2022.
- Norman endorsements and conservative rating, "Exclusive Ralph Norman South Carolina Senate Runoff About SAVE Act," Breitbart, August 15, 2026.
