Yahoo Finance Who are the largest Trump donors? Plus a look at the money behind Biden and RFK Jr.
Banking heir Timothy Mellon continues to be the biggest single donor in the 2024 presidential race.
Mellon donated another $15 million to super PACs backing Donald Trump and Robert F. Kennedy Jr. in April, bringing his total contributions this election cycle to over $50 million. He is supporting both Trump and Kennedy, donating $25 million each to Make America Great Again, a pro-Trump super PAC, and American Values 2024, a pro-Kennedy super PAC.
Trump’s campaign announced it brought in $76 million in April, outraising President Joe Biden’s $51 million, though Biden still holds a substantial cash advantage. The figures will be confirmed when the joint fundraising committees submit their quarterly filings in mid-July.
After a New York jury found Trump guilty on 34 counts of falsifying business records related to payments to Stormy Daniels, his campaign said it raised a record $34.8 million in small-dollar donations. This, too, will be confirmed in the mid-July filings.
Find out who is funding each campaign and the amounts they donated. Don’t see the list? Click here for our top donor list.
Trump’s main super PAC, Make America Great Again Inc., has raised about $110 million this election cycle, while main Biden-backing super PACs supported by LinkedIn co-founder Reid Hoffman, billionaire James Simons, George Soros, and Fred Eychaner have raised over $120 million.
In April, Make America Great Again received new donations, including $1 million from the pro-Israel group Republican Jewish Coalition and additional contributions from Robert Bigelow, a Nikki Haley donor, and Patricia Duggan, a wealthy Scientologist from Clearwater, Florida.
More: Who is Timothy Mellon, the ultra-wealthy donor bankrolling both RFK Jr. and Donald Trump?
Trump allies also registered a new super PAC in January, Right for America, which has raised over $13 million as of the end of March, with top donors including billionaires Laura and Ike Perlmutter, a Mar-a-Lago member, joined by Trump allies Anthony Lomangino and Leandro Rizzuto Jr.
Kennedy’s campaign was bolstered by a $10 million donation from his vice-presidential pick, Nicole Shanahan, who has contributed $14.5 million to his campaign and super PACs. Wall Street hedge fund executive and co-founder of American Values 2024, Mark Gorton, donated $1 million to the pro-Kennedy super PAC in April, while Chris Rufer, a significant donor to candidates aligned with libertarian principles, including Libertarian Party presidential nominee Gary Johnson in 2016, contributed $250,000.
A CBS News and YouGov poll shows Biden and Trump are virtually tied among voters nationwide and in key swing states, with Biden at 49% and Trump at 50% nationwide, and Biden at 50% and Trump at 49% in battleground states, both within the poll's margin of error.
Prep for the polls: See who is running for president and compare where they stand on key issues in our Voter Guide
We have been tracking the campaign finance reports since February, publishing a new story on the fundraising numbers every month.
Here are the links to our previous reports:
This article originally appeared on USA TODAY: Biggest Biden, RFK Jr., and Trump donors: An inside look
