• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Billionaire donors plan to shower Trump with millions in April: ‘fundraising juggernaut’
Economy

Billionaire donors plan to shower Trump with millions in April: ‘fundraising juggernaut’

by April 6, 2024
by April 6, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Big-money donors are beginning to coalesce around former President Donald Trump after he has become the presumptive GOP nominee as he attempts to close the cash-on-hand gap with President Biden, who recently set a high-dollar fundraising record.

This weekend in Palm Beach, Florida, Trump will take part in what is being billed as an ‘Inaugural Leadership Dinner’ that includes several Republican high-profile donors and signals the beginning of a major push to cut into Biden’s cash-on-hand lead.  

The event will be led by hedge-fund billionaire John Paulson and will be co-chaired by hedge fund tycoon Robert Mercer and his daughter Rebekah, oil tycoon Harold Hamm, hotelier Robert Bigelow and casino mogul Steve Wynn.

Bigelow and Hamm had previously funneled money to Florida Gov. Ron DeSantis in his ill-fated presidential run against Trump in the primary. Hamm previously donated to former U.N. ambassador Nikki Haley’s presidential campaign as well. 

Scott Bessent, founder of the investment firm Key Square Group and former chief investment officer at George Soros’s Soros Fund Management, will also be co-hosting the event. Bessent has been rumored to be a potential cabinet nominee in a second Trump administration.  

The event will also be attended by Chairman and Chief Executive Officer of Strategas Jason Trennert, one of Wall Street’s top thought leaders.

Chicago Cubs co-owner Todd Ricketts and New York Jets co-owner Woody Johnson are also expected to be involved along with Wilbur Ross, Trump’s former secretary of commerce. 

The event tops out at the ‘Chairman Level,’ which costs $824,600 and includes seating at the former president’s table. 

‘Now that President Trump won the primaries, defeating all 10 contenders by a landslide, I think it’s time for Republicans to unite behind him,’ Paulsen recently told Bloomberg. ‘For that reason, I’m hosting this inaugural event to galvanize the broad support there is for the president.’

The event comes after President Biden raised at least $26 million in a star-studded event with former Presidents Barack Obama and Bill Clinton. Many expect Trump’s fundraising haul to eclipse that record-setting figure and possibly raise around $43 million.

On April 10, Trump will hold a fundraising luncheon in the swing state of Georgia with former Georgia Republican Sens. David Perdue and Kelly Loeffler. Top GOP donors are expected to attend, including Home Depot co-founder Bernie Marcus, poultry industry executive Tommy Bagwell, beverage sector executive Don Leebern III and Buckhead advocate Bill White.

On that same day, Trump will be holding a fundraiser in Orlando, Florida, with attorney Dan Newlin.

‘President Donald J. Trump has again created a fundraising juggernaut among Republicans. While he has been the presumptive nominee for the Republican Party for less than a month, the RNC and Trump campaign are one unified operation and focused on victory,’ Republican National Committee Chairman Michael Whatley said in a statement this week.

We’re raising funds and making strategic investments to get out the vote and protect the ballot. We are going to win BIG in just 31 weeks,’ Whatley predicted.

Fox News Digital confirmed Trump and the RNC brought in $65.6 million in March and ended the month with $93.1 million in cash on hand. The figures include money raised by a number of fundraising committees.

The Biden campaign reported raising $53 million in February, ending the month with $155 million on hand. 

While Trump trails with cash on hand, The New York Times reported in February that Trump leads Biden when it comes to small-dollar donors who gave less than $200.

This post appeared first on FOX NEWS
You Might Also Like
  • House Republican moves to protect gun owners’ rights from ‘radical left’ national emergency declarations
  • Hunter Biden’s daughter with ex-stripper will receive some of his paintings, but not his last name: settlement
  • Trump had one of his best weeks as cases against him appeared to implode
  • Spy balloon likely sent extensive intelligence to China, experts say
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Melania Trump returns to campaign trail with pro-LGBT Republican event appearance: report
next post
White House says it’s working for Hamas surrender even as it tries to rein in Israel

You may also like

China ‘afraid’ of Trump winning re-election, Taiwanese defense expert says

June 3, 2024

Why Biden did the debate throwdown, Trump agreed, and the...

May 16, 2024

Trump says Georgia indictment comes during ‘dark period’ for US,...

August 15, 2023

WATCH: Biden ignores reporters when pressed on Hunter’s new indictment

December 9, 2023

Florida’s Rep. Gaetz says Speaker McCarthy must be ‘forced into...

June 8, 2023

Jimmy Carter and wife are in ‘final chapter’ of lives,...

August 20, 2023

Trump campaign outlines key reasons why Vance was last man...

July 16, 2024

White House refuses to say if Biden would sit for...

January 17, 2023

Ro Khanna ends speculation about political future in California

March 27, 2023

NY appeals court denies Trump request to pause Bragg case,...

September 12, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,451 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    GOP Rep. introduces bill cutting off...

    March 26, 2023

    Mother of wrongfully detained American on...

    November 14, 2023

    Tennessee man charged with threatening to...

    August 24, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here