Economy

Biden expected to raise more than $15 million in star-studded fundraising blitz: Sources

EXCLUSIVE: President Biden’s re-election campaign is expected to raise more than $15 million this week as he travels across the nation for multiple high-profile and star-studded fundraising events, Fox News Digital has learned.

Two sources close to the campaign and familiar with the president’s fundraising efforts told Fox News Digital that the more $15 million will also include small-dollar donations.

The president attended a fundraising event in Boston, Mass. on Tuesday, which featured a concert by singer-songwriter James Taylor. Front-row tickets sold for $7,500 per seat. 

The president is expected to attend fundraising events in Washington D.C. on Thursday near the White House.

And on Friday, the president will travel to Los Angeles for a Hollywood fundraiser hosted by Steven Spielberg, Shona Rhimes, CEO of Paramount Pictures Jim Gianopulos, actor and filmmaker Rob Reiner, and others.

The Los Angeles event will be at the home of interior designer Michael Smith and his partner James Costos, who had served as former President Obama’s ambassador to Spain.

Top tickets for that event are said to be $930,000 each. 

Lenny Kravitz is expected to perform at the event. 

Barbara Streisand and a slew of other celebrities are expected to attend. Former House Speaker Nancy Pelosi is also expected to attend the event.

The expected fundraising haul comes after the campaign’s strongest grassroots fundraising month since the president announced his re-election campaign, a Biden campaign official told Fox News Digital.

Campaign officials told Fox News Digital that in the third quarter, 97% of all donations were under $200 and the average grassroots contribution was $40.

The campaign announced in October that it raised more than $71 million in the third quarter of 2023. The campaign, as of October, also had nearly $91 million in cash on hand, with officials calling that figure ‘the highest total amassed by any Democratic candidate in history at this point in the cycle.’

This post appeared first on FOX NEWS

You May Also Like

Stock

Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

Investing

ASX-listed Antilles Gold (ASX:AAU, OTCQB:ANTMF) is an Australian mining company focused on gold and copper projects in Cuba through joint ventures with the Cuban...

Editor's Pick

California Gov. Gavin Newsom announced Sunday that he was appointing Emily’s List President Laphonza Butler as the replacement to former senator Dianne Feinstein (D-Calif.),...

Editor's Pick

JERUSALEM — Iran launched a massive attack of more than 300 missiles and drones toward Israel late Saturday, a stunning assault that put the...

Disclaimer: investmentintellecthub.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 InvestmentIntellectHub.com