
The US presidential field has narrowed considerably, but the fundraising amounts are growing as major donors — including Paul Singer, Timothy Mellon, and Ken Griffin — pour millions into the 2024 election. Wealthy contributors are stepping off the sidelines as former President Donald Trump is poised to win the Republican nomination, while his sole remaining challenger Nikki Haley — and her deep bench of Wall Street support — raised nearly as much money as the former president in the fourth quarter.
Main Idea: Paul Singer, Timothy Mellon, and Ken Griffin are among the billionaire donors helping shape the 2024 race, with major money flowing to Nikki Haley, Donald Trump, and Robert F. Kennedy Jr.
Key Points:
Singer, Mellon, and Griffin’s large donations can give wealthy donors more sway over candidates, leaving ordinary voters and small donors with less influence.
Big campaign cash can help candidates reach more voters and keep the election competitive.
Rate how each entity in this article affected the American people.
Major donor featured for giving $5 million to Nikki Haley’s allied super PAC.
Major donor highlighted for giving millions to Nikki Haley and contributing to other political groups in the article.
Central donor discussed for giving $10 million to Donald Trump’s super PAC and $10 million to Robert F.
Primary political figure whose fundraising support from wealthy donors is a central topic.
Primary political figure whose campaign and allied super PAC fundraising are a main focus.
Major candidate discussed in connection with billionaire-backed fundraising for his independent campaign.
Large House Republican super PAC highlighted for fundraising from major donors.
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Sign in to commentTrump-aligned super PAC receiving major donations and refunds discussed in the article.
Named president whose fundraising haul is compared against Republican candidates and described as historically large.
McConnell-linked super PAC discussed as another major recipient of donor money.
Haley-aligned super PAC that received large contributions from major donors.
Koch-aligned political group mentioned as supporting Haley through donor reporting.