Former President Donald Trump's campaign is aiming to raise over $33 million in a single-event fundraiser next week, seeking to surpass President Joe Biden's recent record of $25 million. The fundraiser is set to take place in Palm Beach, Florida, at Trump's Mar-a-Lago estate, with wealthy donors invited to attend. The event, hosted by hedge fund billionaire John Paulson, includes high-dollar donors such as Robert Bigelow, Steve Wynn, and John Catsimatidis as co-chairs.
Guests are asked to contribute $814,600 per person as a 'chairman' contributor or $250,000 per person. Attendees will receive a personalized copy of Trump's coffee table book featuring photographs from his administration. The fundraising goal of $33 million was first reported by the Financial Times.
The fundraiser presents an opportunity for Trump to shift the narrative amid negative headlines about his financial situation and legal fees. Campaign spokesman Steven Cheung stated that the funds raised will support Trump's potential return to the White House and aid Republican candidates.
In addition to the fundraiser, Trump is scheduled to hold political rallies in Michigan and Wisconsin. His campaign has reported a significant increase in fundraising, with over $1 million raised online daily for six consecutive days and $10.6 million raised last week from digital donations.
Despite the substantial cash infusion expected from the event, Trump still faces financial challenges. His main campaign account and Save America PAC raised $15.9 million in February and had $37 million on hand, while Democrats had $155 million. The fundraising invitation reveals that Save America will receive a portion of the funds before the Republican National Committee.
