Bill Gates, Alice Walton, the Bezos family (of amazon.com) and a handful of other billionaires poured more than $10 million into a charter referendum in Washington State and won, but just barely.

For their investment, the state gets 40 charter schools over the next five years. Watch for new legislation and more millions to lift the cap.

Watch charter schools drain resources from public schools.

Watch the privatization movement pick up steam as Gates and Walton use their richest to persuade voters to abandon public schools for privately managed schools.

These are the latest results: