04/12/2010 05:12 am ET Updated May 25, 2011

Campaign Finance Chaos: 10 People Gave $266.6 Million In Last Decade

The 10 people who gave the most money to California political campaigns during the last decade devoted a combined $266.6 million to their pet causes and candidates, a state report said Tuesday.

Leading the list was Los Angeles billionaire Steve Bing, a film producer and heir to a real estate fortune, who made $58 million in such donations, according to the report by the Fair Political Practices Commission. About $40 million of that was in support of a 2006 proposal to tax the oil industry; voters rejected the measure after petroleum companies spent about $45 million opposing it.

Read more on The Los Angeles Times