Iger, Spielberg Help Fuel Biden Big-Money Haul: Campaign Update
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- Anti-Trump groups raise more than $10 million, share donors
Democratic nominee Joe Biden’s big-dollar fundraising operation brought in $86.4 million in its first 68 days, according to the latest filings to the Federal Election Commission.
The Biden Victory Fund can raise money in chunks of as much as $620,600, splitting the donations between Biden’s campaign, the Democratic National Committee and 26 state parties. Among those making the maximum donation were Facebook Inc. co-founder Dustin Moskovitz and Twilio Inc. co-founder Jeff Lawson. Eight other donors gave the maximum amount.
Former California Republican gubernatorial candidate Meg Whitman gave $500,000, as did major Democratic donor George Soros. James Murdoch, son of the billionaire media mogul Rupert Murdoch, gave $615,000. Walt Disney Co. Chairman Bob Iger, Steven Spielberg and his wife, Kate Capshaw, each gave $250,000.
Biden Victory, which was launched on April 24 after Biden had secured enough delegates to clinch the nomination, raised most of its money from donors writing big checks. Small-dollar donors, those giving less than $200, provided $2.5 million of the fund’s total. It ended June with $80.9 million in the bank after spending just $5.5 million, including $220,000 of transfers to other committees it supports.