In fact, at least 23 billionaires and their spouses donated over $100,000 to one of the president’s joint-fundraising committees in the last three months. Workday chairman David Duffield and his wife gave $1.2 million. Donors can only give $5,600 directly to Trump’s presidential campaign, but they can put more money into Trump Victory, which splits its fund between the Trump campaign, the RNC and state RNC committees. Some of the biggest donors to Trump Victory are also shelling out money to pro-Trump super-PACs, which can accept unlimited amounts of money. Diane Hendricks, who has given $3 million to two super-PACs supporting Trump since August, tossed another $240,000 to Trump Victory at the end of last month.

Source: Forbes October 16, 2020 17:37 UTC