Presidential candidates have collectively raised over $1 billion

Michael Bloomberg (D) led presidential candidates in fundraising for the fourth quarter of 2019, according to financial reports filed Jan. 31. Bloomberg raised $200 million during the quarter, all self-funded. He was followed by Tom Steyer (D), who raised $156 million, including $155 million self-funded.

As of the December 31, 2019, reporting cutoff, President Trump (R) had the most cash on hand of any presidential candidate with $103 million. Bernie Sanders (I) followed with $18.2 million. Three other candidates had more than $10 million on hand: Pete Buttigieg (D) with $14.5 million, Elizabeth Warren (D) with $13.7 million, and Bloomberg with $12.0 million.

Since the beginning of 2017, President Trump has raised $204 million; 29% more than the inflation-adjusted $152 million President Obama (D) had raised at this point in his 2012 re-election campaign. According to Republican National Committee (RNC) finance reports filed Friday, Trump and the RNC have raised a combined $770 million. At this point in the 2012 campaign cycle, Obama and the Democratic National Committee (DNC) had raised a combined inflation-adjusted $535 million.

The 11 noteworthy Democratic candidates have collectively raised $795 million this cycle, while the four noteworthy Republicans have collectively raised $220 million. The 11 Democrats had a combined $86.2 million in cash on hand to the four Republicans’ collective $107 million.

Looking back to the start of the election cycle, the top five Democratic fundraisers are Steyer ($206 million), Bloomberg ($200 million), Sanders ($86.2 million), Warren ($82.0 million), and Buttigieg ($76.7 million). The 15 noteworthy Democratic and Republican candidates have raised a combined $1.015 billion since the start of the election cycle.

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David Luchs

David Luchs is a staff writer at Ballotpedia and can be reached at david.luchs@ballotpedia.org

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