In August, Democratic candidate Joe Biden’s presidential campaign received a record $ 364.5 million in funding, according to the official announcement. In which, more than 205 million USD came from online channel and more than 1.5 million people participated for the first time.
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“This number surprised me,” Mr. Biden, former US president, wrote in an email to supporters. “And we did the right thing to raise money from people all over the country, who want to be a part of this campaign, want to invest in the future we want for our children and grandchildren.”
This figure surpasses the record 193 million USD that former President Barack Obama’s campaign received in September 2018. Meanwhile, Mr. Trump’s fundraising committee has not announced the amount received in August.
“But we still have a lot to do in the next nine weeks,” Biden wrote. He also warned that President Donald Trump is still very financially and will use it for “attacks and defamation”.
Mr. Biden and Democrats opened August with a total of $ 294 million raised, closing the financial gap with Trump’s campaign to 300 million.
In less than two months before the US presidential election, Mr. Biden has received funding from 131 billionaires. Meanwhile, the number of billionaires supporting current President Donald Trump in the reelection is 99, according to Forbes analysis based on the report of the Ridin’ With Biden 2020, Joe Biden For President Usa Democrat shirt US Federal Election Commission.
From May to now, Mr. Biden has received funding from nearly 30 new billionaires, while Mr Trump has only added 6 new ones. Biden’s newest supporters include a number of billionaires familiar with the political world like George Soros. In May, Soros donated $ 505,600 for Mr. Biden’s joint fundraising committee with the Democratic National Committee. So far, this billionaire has donated more than $ 8 million to the campaign this year.
The new billionaires joining the Biden support group come mainly from the technology industry. Facebook billionaires Sean Parker and Dustin Moskovitz, Jeff Lawson – CEO of Twilio, Ev Williams – co-founder of Twitter and Mark Pincus – founder of Zynga have all sponsored hundreds of thousands of dollars for the campaign of the former US vice president. Meanwhile, Nicole Systrom, wife of Instagram co-founder Kevin Systrom, donates $ 250,000.
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In May and June, billionaire Jeff Skoll, former head of eBay, also backed Biden’s campaign $ 620,000. Born in Canada and becoming a US citizen in 2007, this year, Skoll finances the most presidential campaigns of the Ridin’ With Biden 2020, Joe Biden For President Usa Democrat shirt United States compared to past elections. Excluding Biden’s commission funding, Skoll spent $ 4.5 million in May and June on political action committees that back Biden and Democrats.
Meanwhile, some of the new billionaires who support Trump include billionaire Billi Marcus, co-founder of Home Depot, with 721,200 USD in July. Oracle CEO Safra Catz and husband Gal Tirosh also donated 250,000 UDS for Mr. Trump’s joint fundraising committees in June.
In March, Biden’s campaign recorded the number of billionaires joining the most with more than 60 people, including 27 newcomers. In it, a number of new characters include Reed Hastings – CEO of Netflix, Connie Ballmer – wife of former Microsoft CEO Steve Ballmer, Katie Rodan – co-creator of acne formula Proactiv, and Jorge Perez – Miami real estate billionaire.
“I will donate more money to Mr. Joe Biden’s campaign. He can bring Americans and politicians together. With the series of challenges caused by the Ridin’ With Biden 2020, Joe Biden For President USA Democrat shirt Covid-19 pandemic, we need greater solidarity than ever before, “said billionaire Perez.
In August, Biden’s campaign received a “rain of money” funding after the Ridin’ With Biden 2020, Joe Biden For President USA Democrat shirt announcement of Senator Kamala Harris as a candidate for vice president. Just 24 hours after the announcement, they received $ 26 million in funding. That figure rose to $ 48 million a day later.