Latest News 06-12-2023 12:12 11 Views

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
Other news