During a lavish gala this weekend in Palm Beach, Donald Trump hopes to surpass President Joe Biden’s recent record-breaking fundraising total.
The celebration will be held on Saturday night at the $110 million Florida house of New York hedge fund tycoon John Paulson.
The former president wants to raise about $43 million, which would greatly surpass the previous record. She is currently well behind Mr. Biden in the money race.
During a fundraiser that took place in New York City a month ago, Mr. Biden was able to raise a total of $26 million. On stage, fellow Democratic presidents Barack Obama and Bill Clinton provided support for him.
Attendees at that event were required to pay $100,000 in order to get their photo taken with the trio.
The “Inaugural Leadership Dinner” on Saturday night is expected to draw about 100 guests, many of whom are millionaires.
As “special guests,” a number of Mr. Trump’s former adversaries are anticipated to attend, including Senator Tim Scott of South Carolina, businessman Vivek Ramaswamy, and Governor Doug Burgum of North Dakota.
Melania Trump, the former first lady, will also be present.
The billionaire John Catsimatidis of New York, former World Wrestling Entertainment CEO Linda McMahon, casino owner Steve Wynn, former Georgia senator Kelly Loeffler, and businessman Robert Bigelow of Las Vegas are co-chairs of the fundraiser.
You may reserve a place at Mr. Trump’s table for $814,600, and for $250,000, you can get a picture taken with the former president and a personalized copy of his coffee table book with images from his administration.
A big financial gain from the occasion would change the narrative of Mr. Trump, which has been that he lacks resources because of his numerous civil and criminal lawsuits.
This week, Mr. Trump and the Republican Party disclosed that they have $93.1 million in cash on hand and raised $65.6 million in March.
According to the Biden campaign, they brought in almost $90 million last month and have $192 million in cash on hand.
Large donors had initially been difficult for Mr. Trump to secure for his campaign, and many of them chose to support his main competitors.
However, the Republican Party has come together in support of the former president following his resounding primary win.
The Trump 47 organization, a collaborative fundraising endeavor involving the Republican National Committee, state Republican parties, and the Save America political action organization, will receive donations from the event.
The arrangement implies that contributions go to the Trump campaign and Save America PAC for the full amount permitted by law, with the remainder going to the RNC or state parties.
The RNC selected Michael Whatley, the former chair of the Republican Party of North Carolina, as its new leader last month. Lara Trump, the daughter-in-law of Mr. Trump, was named co-chair.