Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Trump, Biden and Harris Secure Historic $4.7 Billion Donations for 2024 Presidential Race
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
2024 Presidential Race Funding
PhotoNews Pakistan > Top News > Trump, Biden and Harris Secure Historic $4.7 Billion Donations for 2024 Presidential Race
Top NewsWorld

Trump, Biden and Harris Secure Historic $4.7 Billion Donations for 2024 Presidential Race

Web Desk
By Web Desk Published December 7, 2024 3 Min Read
Share
US Vice President Kamala Harris, US President Joe Biden, US President Donald Trump. Photo Credits: Sky News
SHARE

During the 2024 US presidential race, donors contributed a staggering $4.7 billion to the campaigns of Donald Trump, Joe Biden, Kamala Harris, and their associated groups.

The funding total, confirmed through campaign finance reports released on December 5, underscores the substantial financial efforts backing each candidate from October 17 to November 25, per the latest filings.

The Democrats and their affiliated groups raised about $2.9 billion, surpassing the $1.8 billion gathered by the Republicans. Trump, together with the Republican National Committee (RNC), raised $1.2 billion from the launch of his campaign in November 2022 until election day. His key super PACs, including MAGA Inc and others, contributed an additional $849 million.

The Biden-Harris team, leveraging an early campaign start and a lack of Democratic primary competition, forged a joint fundraising partnership with the Democratic National Committee (DNC) early on, enabling them to amass significant funds. From the announcement of Biden’s re-election campaign in April 2023 to election day, they raised around $2 billion, with their main super PACs adding another $652 million.

🇺🇸$15.9 BILLION SPENT – THE MOST EXPENSIVE U.S. ELECTION IN HISTORY

The 2024 election hit new financial heights, with Trump and Kamala campaigns raising a staggering $4.2 billion and spending about $3.5 billion by October.

Kamala's campaign out-fundraised Trump’s by nearly… pic.twitter.com/sQEufetY7b

— Mario Nawfal (@MarioNawfal) November 6, 2024

Dark money played a crucial role in the election’s final weeks. Trump’s and Harris’s main super PACs relied heavily on funds from dark-money groups, raising concerns over transparency due to undisclosed donation sources.

Read: President Elect Donald Trump Outlines Key Policies in Victory Speech

MAGA Inc. collected $78 million in the campaign’s closing weeks, with $53 million coming from its dark-money affiliate. Similarly, the Harris-supporting super PAC Future Forward raised about $164 million during the same period, with over $128 million sourced from its dark-money nonprofit.

Future Forward USA Action, the group behind Harris’s support, raised over $900 million during the cycle, including $58 million in 2023 alone. In 2024, it funnelled these funds into the super PAC.

Post-election financial management is critical as campaigns navigate the challenges of potential debt versus unused funds. Trump’s campaign reported $11.4 million in unpaid bills but had $10 million in cash and receivables totalling $4.7 million. In contrast, despite facing criticism for a $20 million debt, the Harris campaign finished debt-free with $2 million on hand.

Elon Musk emerged as a significant donor, contributing $277 million through his entities to federal groups supporting Trump, including $238.7 million to America PAC, a super PAC he discreetly founded in 2024. Musk also funded RBG PAC with $20 million, aligning Trump with the late Supreme Court Justice Ruth Bader Ginsburg on abortion rights.

TAGGED:Donald TrumpFeatured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

HBO Max Pakistan

HBO Max Launches in Pakistan with Full HBO and Warner Bros Catalogue

Nepal FIFA appeal 2027 Asian Cup

Nepal Appeals to FIFA to Overturn 2–0 Defeat to Malaysia Over Ineligible Player Claim

Babar Azam fan breaches security

Teen Fan Breaks Security at Gaddafi Stadium to Meet Babar Azam

Post Archives

More Popular from Photonews

Karnataka menstrual leave policy
Offbeat

Karnataka Introduces Menstrual Leave Policy for Women

2 Min Read
Pentagon press restrictions
Top NewsWorld

Journalists Vacate Pentagon Offices as New Press Restrictions

4 Min Read
Pakistan Army strikes Afghan Taliban Bases in Kandahar
Pakistan

Pakistan Army Conducts Precision Strikes on Afghan Taliban Bases in Kandahar

3 Min Read
Entertainment

Trudeau and Perry’s Romance Reportedly Leaves Sophie Trudeau Heartbroken

Ottawa: The budding romance between Justin Trudeau and Katy Perry has captured global attention. New photos…

October 16, 2025
Top NewsWorld

Hamas Hands Over More Hostage Bodies as Israel Limits Aid to Gaza

Gaza City: Hamas has handed over more bodies of deceased hostages to Israel, marking modest progress…

October 15, 2025
Sports

Noman Ali’s 4 Wickets Restrict South Africa on Day 2 of Lahore Test

Pakistan's Noman Ali took 4-85 to restrict South Africa to 216-6 at stumps on Day 2…

October 13, 2025
Pakistan

Pakistan Kills 200+ Taliban Militants in Retaliatory Border Strikes in 2025

Pakistani forces killed over 200 Afghan Taliban and Tehreek-e-Taliban Pakistan (TTP, alias Fitna al-Khawarij) militants in…

October 12, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?