Trump and GOP Launch Massive Fundraising Drive: $50 Million Gala Signals Intense Campaign Push

Former President Donald Trump and the Republican Party launched their major donor outreach with a gala fundraiser in Palm Beach, Florida.

The event, chaired by hedge fund manager John Paulson and attended by business elites, ex-Trump officials, and former First Lady Melania Trump, raised a staggering $50 million for Trump’s re-election bid.

This surpasses President Biden’s recent event co-headlined by Clinton and Obama. With Trump and the RNC starting April with $100 million, far less than Biden’s $190 million, ongoing success in courting major donors becomes crucial.

Trump’s campaign emphasizes its reliance on small-dollar donations, while Biden sees an uptick in big donor contributions, marking a strategic shift in fundraising dynamics.