Harris Donates 270 Billion Won in July Alone... 4 Times More Than Trump

$60 Million in First 3 Days After Candidacy Declaration
630,000 Small Donations Flood In on July 22

Vice President Kamala Harris raised four times more funds last month than former President Donald Trump.

According to the U.S. Federal Election Commission (FEC) on the 21st (local time), the Harris campaign raised $204 million (approximately 272.1 billion KRW) last month. The Trump campaign managed to raise only $48 million (approximately 64 billion KRW) during the same period.

Vice President Kamala Harris [Image source=Yonhap News]

Vice President Harris reportedly raised more than $60 million (approximately 8.09 billion KRW) in the first three days after announcing her candidacy.

During the 11 days since her announcement, 2.4 million people donated to Vice President Harris, nearly 200,000 more than the number of donors during President Joe Biden's year-long campaign.

Small donations also poured in. On the day after President Biden announced his withdrawal from the race, July 22, 631,000 small donations were made in a single day. This figure far surpasses the 450,000 small donations recorded the day after former President Trump was found guilty in the hush money case related to sexual assault in May.

According to an analysis by Bloomberg News, a significant portion of Harris campaign donors had not previously donated to the Biden-Harris campaign. Only about one-third of the donors had contributed before.

Looking at seven key battleground states, donations to Vice President Harris increased significantly in Georgia, North Carolina, and Wisconsin.

However, in terms of super PAC fundraising, which has no limits on individual donation amounts, former President Trump leads. In July, Trump's super PAC secured $55 million (approximately 7.34 billion KRW), while Harris's super PAC raised $30 million (approximately 4 billion KRW). With high-dollar donors flocking, former President Trump also raised more than President Biden in the second quarter.

Foreign media have described the Harris campaign's fundraising as an explosion of enthusiasm for a new Democratic candidate. President Biden had been trailing former President Trump, but Vice President Harris quickly overturned the lead in fundraising.

As of the end of July, the campaign funds held were $220 million (approximately 26.67 billion KRW) for the Harris campaign and $151 million (approximately 20.14 billion KRW) for the Trump campaign.

Foreign media predict this election will be the most expensive in U.S. history. According to the nonprofit organization OpenSecrets, in the 2020 election, President Biden raised $1 billion (approximately 133.37 billion KRW), and former President Trump raised $775 million (approximately 103.38 billion KRW).

This content was produced with the assistance of AI translation services.