Former President Trump is gaining momentum in fundraising efforts as big money donors rally behind him to close the cash on hand gap with President Biden. Trump, now the presumptive nominee, is set to host an 'Inaugural Leadership Dinner' at Mar-a-Lago, signaling a major push to rival Biden's fundraising success.
The event, led by hedge-fund billionaire John Paulson and co-chaired by prominent figures like Robert Mercer, Rebekah Mercer, Harold Hamm, Robert Bigelow, and Steve Wynn, aims to galvanize support for Trump. Notable attendees include Todd Ricketts, Woody Johnson, and Wilbur Ross, among others.
The dinner offers a 'Chairman Level' package costing $824,600, granting attendees seating at the former president's table. Paulson emphasized the need for Republicans to unite behind Trump following his primary victory.
Trump's fundraising efforts are expected to surpass Biden's recent record-setting event, with projections of raising around $43 million. Fundraising activities in Georgia and Orlando are planned, with top Republican donors and former senators expected to attend.
RNC Chairman Michael Whatley expressed confidence in Trump's fundraising prowess, highlighting the unified operation between the RNC and Trump campaign. The fundraising success in March saw Trump and the RNC amass $65.6 million, ending the month with $93.1 million in cash on hand.
Comparatively, Biden's campaign reported raising $53 million in February, ending with $155 million on hand. The fundraising landscape is intensifying as both parties gear up for the upcoming election, with Trump's campaign making strategic investments to secure victory.
