Former President Trump’s marketing campaign raked in $50.5 million at an unique fundraiser dinner with billionaires in Florida on Saturday.
The haul greater than doubles the document $25 million raised at President Biden’s star-studded occasion at Radio Metropolis Music Corridor final month and fattens the GOP’s coffers simply months away from the November election.
“Greatest night time in Fund Elevating of ALL TIME!!!” Trump boasted on Fact Social. “Will double up the Biden variety of final week at Radio Metropolis. Persons are determined for change. They need to MAKE AMERICA GREAT AGAIN!”
Hedge fund supervisor John Paulson, who hosted the “Inaugural Management Dinner” at his Palm Seaside mansion, mentioned the staggering sum exhibits Republicans are rallying round Trump.
“Tonight, we raised an historic $50.5 million for the re-election of President Trump,” Paulson advised The Put up in a press release. “This sold-out occasion has raised probably the most in a single political fundraiser in historical past. This overwhelming assist demonstrates the passion for President Trump and his insurance policies.”
Sources in Trump’s inside circle have referred to as the occasion a “come-home-to-Trump second.” It’s the previous president’s first main fundraiser since he clinched the Republican nomination.
Saturday’s attendees paid between $250,000 and $814,600 per individual for the reception and dinner at Paulson’s $110 million oceanfront house — not removed from Trump’s Mar-a-Lago property.
“Particular company” included Trump’s former GOP rivals Vivek Ramaswamy, South Carolina Sen. Tim Scott, and North Dakota Gov. Doug Burgum.
WWE co-founder Linda McMahon, hotelier Steve Wynn, former Sen. Kelly Loeffler, and hedge fund billionaire Robert Mercer have been additionally in attendance.
No less than two of the occasion’s co-chairs, lodge entrepreneur Robert Bigelow and oil magnate Harold Hamm, had beforehand thrown their assist behind Trump’s closest rivals Florida Gov. Ron DeSantis and former ambassador Nikki Haley.
President Biden raised $25 million at his swanky March 28 occasion at Manhattan’s Radio Metropolis Music Corridor, which set a brand new marketing campaign fundraising document earlier than Saturday. The occasion featured former Democratic Presidents Barack Obama and Invoice Clinton and was hosted by CBS “Late Present” host Stephen Colbert.
“It took three Democrat presidents to boost $25 million and one president to boost over $50 million, Donald J. Trump,” Trump marketing campaign spokesperson Danielle Alvarez advised The Put up.
“This haul exhibits the Republican Occasion is united behind President Trump to defeat Joe Biden and that no one is staying on the sidelines,” she added.
Per a joint fundraising settlement with the Republican Nationwide Committee, a lot of the ticket charges have been despatched to the RNC and state Republican events, with the primary $6,600 of every donation going to the president’s marketing campaign and the following $5,000 to a management PAC that has been footing Trump’s mounting authorized payments.
On Wednesday, the GOP introduced that the joint fundraising effort had raised over $65.6 million in March, ending the month with over $91.3 million money available.
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