close
close

How do Trump’s and Harris’s fundraising compare?

How do Trump’s and Harris’s fundraising compare?

This election cycle was a record one for both the vice president and Kamala Harris and former president Donald Trump bringing in huge amounts of money for their campaigns. Harris, however, erased Trump’s contributions with Head of $600 million fundraising.

She raised nearly $100 million in the first half of October alone, bringing her committee’s total raised between January 1, 2023 and October 16, 2024 to $997.2 million, compared to Trump’s total in $388 million, according to the latest data released by the Federal Election Commission. Commission for both Trump And Harris.

Harris has more billionaires publicly supporting her than Trump (83 billionaires to Trump’s 52 billionaires) because Forbes Fewer people have reportedly chosen to give their money to her campaign than to Trump’s – or at least not as generously as Trump’s super-rich supporters.

Billionaire donors who have each contributed roughly $1 million to Harris’ campaign include the former mayor of New York. Michael Bloombergfamous director Steven Spielberg and former CEO of Google Eric Schmidt.

In contrast, Trump’s billionaire supporters spend their money at staggering amounts.

Over the past three months, three billionaires invested more than $250 million to the Trump election campaign.

Elon Muskwhose platform X (formerly Twitter) has now become the focus of Musk’s pro-Trump rhetoric has now donated at least $118.6 million to date into the Trump campaign, primarily through Musk’s specially created “American PAC.”

Other major billionaires supporting Trump include a doctor and an entrepreneur. Miriam Adelsonwhose total donations trail Musk and the businessman’s donations by $18 million. Richard Uichleininvesting a tidy sum of $49 million.

Beyond the super-wealthy, it’s Harris who appears to have the edge among suburban voters, helping her achieve a stunning fundraising lead.

Suburban registered voters who donate online are twice as likely to give money to Harris than to Trump, the data shows. Washington Post.

Floor, Mail As noted, this appears to be another important factor in financial support for Harris compared to Trump, as women are often more likely to support Harris. In Pittsburgh, for example, 60 percent of female donors who are also registered voters gave money to Harris over Trump, while only 40 percent of men did the same.

Although Trump’s donors tend to be slightly older men than Harris overall, Trump has done well among men under forty-five years of age in majority-white rural communities in states like Arizona.

In Georgia, less than 4 percent of Trump’s campaign contributors are black, while Harris has the support of 83 percent of black voters and donors, according to vote carried out Mail and the School of Policy and Management. Shara at George Mason University, which surveyed voters in seven swing states.

In contrast to the populist message that first brought him to power, Trump saw 40% reduction in small donors compared to his previous presidential campaign, which forced him to rely on wealthy supporters; Harris has seen more than 40 percent of its funds come from small donors..

Given her massive fundraising output, Harris outspents Trump on advertising, social media and other campaign support methods to the tune of $5 million a day. according to BloombergG.

Typically, according to data collected Open secrets.

Does this apply to the current presidential election? Is Harris’ success among small donors an indication of how she will perform among that demographic in the election? We won’t know until after the ballots are counted, but it will nonetheless be a telling indicator of how much money is talking in this 2024 presidential race.

Any advice for us? [email protected]