Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Billionaires fill up Trump's coffers

It is primarily dollar billionaires and millionaires who are filling up Republican Donald Trump's campaign fund. The Democratic candidate Kamala Harris is leading, however, in terms of most collected money.

» Published: 22 October 2024

Billionaires fill up Trump's coffers
Photo: AP/TT

During the third quarter, Harris received around one billion dollars, more than ten billion kronor, according to information from the Federal Election Commission. It was more than double what Trump received.

Decisive

It is almost entirely decisive for a presidential candidate to have a robust campaign fund, otherwise the chances of being elected decrease significantly. At the end of the election campaign - there are two weeks left until the election on November 5 - the money is needed even more.

Of the approximately one billion dollars Harris received during the third quarter, 321 million dollars came in the form of smaller donations under 200 dollars. Donald Trump received a third as much from smaller donors.

Since President Joe Biden dropped out of the re-election campaign in July and promoted Kamala Harris as the party's candidate, she has received donations from almost 5 million donors, compared to 1.3 million Trump donors.

According to an analysis in Financial Times, Biden and Harris' campaign have collected 1.6 billion dollars from January 2023 to September this year, compared to Trump's nearly 900 million dollars.

But if the large fundraising organizations, called Superpacs, are included, the difference decreases - 1.9 billion to 1.5 billion dollars.

From billionaires

Over half a billion of Trump's funds come from donors who have donated more than one million dollars each.

Four billionaires, including Elon Musk, Timothy Mellon, and Miriam Adelson, have via fundraising organizations donated 395 million dollars, over 4 billion kronor to Trump's campaign.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

German opposition demands earlier no-confidence vote
1 MIN READ

German opposition demands earlier no-confidence vote

Iran: Trump's Victory Chance of Reconsideration
1 MIN READ

Iran: Trump's Victory Chance of Reconsideration

The demand to Georgia: Investigate election fraud
1 MIN READ

The demand to Georgia: Investigate election fraud

Democrats Fume: Biden's Arrogance Was Our Downfall
2 MIN READ

Democrats Fume: Biden's Arrogance Was Our Downfall

Two states are still counting their votes
1 MIN READ

Two states are still counting their votes

The Charges Against Trump – What Happens Now
3 MIN READ

The Charges Against Trump – What Happens Now

Struggle for Power in Congress
3 MIN READ

Struggle for Power in Congress

Xi wants a stable relationship with the USA in the "new era"
1 MIN READ

Xi wants a stable relationship with the USA in the "new era"

Russian drone attacks on Kyiv
1 MIN READ

Russian drone attacks on Kyiv

Australia: 16-year limit for Tiktok
2 MIN READ

Australia: 16-year limit for Tiktok

Melania Trump calls for unity
1 MIN READ

Melania Trump calls for unity

Zelensky: USA's leadership is crucial
1 MIN READ

Zelensky: USA's leadership is crucial

Biden praises Harris: "The best decision I made"
2 MIN READ

Biden praises Harris: "The best decision I made"

German Government Crisis – May Lead to New Elections
1 MIN READ

German Government Crisis – May Lead to New Elections

Joyful atmosphere at Trump's residence: "Life gets better"
3 MIN READ

Joyful atmosphere at Trump's residence: "Life gets better"

Charges against Trump may be dropped
1 MIN READ

Charges against Trump may be dropped

Harris: We Must Accept the Election Result
2 MIN READ

Harris: We Must Accept the Election Result

This is why Harris lost the election - in five points
3 MIN READ

This is why Harris lost the election - in five points

At Least 40 Dead in Lebanon After Israel's Attacks
2 MIN READ

At Least 40 Dead in Lebanon After Israel's Attacks

"No to Legalizing Cannabis in Florida"
1 MIN READ

"No to Legalizing Cannabis in Florida"