Donald Trump raised an impressive $6 million in his first fundraising event

Trump, who funded his primary campaign by putting more than $40 million from his own said that he intends to raise $1 billion for the November elections.

Donald Trump raised an impressive $6 million in his first fundraising event
WASHINGTON: Donald Trump has raised an impressive $6 million and received pledges for another $4 million in his first fundraising event after emerging as presumptive Republican presidential nominee, a media report has said.

Trump, who self-funded his primary election campaign by putting more than $40 million from his own pocket has said that he intends to raise $1 billion for the November general elections which would include funding for the various Senate and Congressional campaigns.

Even though he entered into two separate agreements with the Republican National Committee (RNC) in this regard, Trump said he would continue to put money from his own pocket for his presidential elections, but would raise money for the Congressional elections with the sole objective of retaining the Republican majority in the US Congress.

According to 'The Wall Street Journal', Trump fundraiser was held Wednesday evening at the Santa Monica home of Rachelle and Tom Barrack, the founder and chief executive of Colony Capital Inc, a Los Angeles-based investment firm with holdings across real estate and entertainment, and a longtime friend and business partner of Trump.

More than 100 donors gathered to hear Trump and Republican National Committee (RNC) Chairman Reince Priebus speak, the daily reported.

AS per the agreement reached last week, for the Trump Victory Fund one can contribute a maximum of $449,400.
ADVERTISEMENT

Attending the dinner and reception and taking a photo with Trump cost $25,000 a person, the report said.

To be a member of the event's host committee and attend the dinner and reception--among other perks--donors paid $100,000.

Steven Mnuchin, Trump's national finance chairman said the event had 18 hosts.

Several donors at the event gave the maximum $449,400, the daily reported.
ADVERTISEMENT

Trump himself stayed at the fund raiser for three and half hours.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › World News › Donald Trump raised an impressive $6 million in his first fundraising event
Text Size:AAA
Success
This article has been saved

*

+