Ross Perot — a billionaire frustrated with America’s ballooning budget deficits and fed up with its two-party system — ran for president as an independent. He won 19% of the vote against the Republican incumbent (George H.

Billionaire Elon Musk says he's forming a new political party after a spat with President Donald Trump. Just what does he need to do in Michigan?

Here's what it would take for Elon Musk to launch a third-party effort to represent what he called "the 80% in the middle."