Home >> 2020 Election News >> Joe Biden Talks About Fundraising Numbers, And The Quarter’s Not Even Over

Joe Biden Talks About Fundraising Numbers, And The Quarter’s Not Even Over

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Former Vice President Joe Biden said he had 360,000 donors with an average contribution of $55 for his 2020 campaign, suggesting he has raised nearly $20 million since his late April launch at a New York City fundraising event Monday night.

He made the announcement Monday night at hedge fund manager Jim Chanos’s home in the Upper East Side, reported The New York Times. That translates into $19.8 million.

An estimated 180 people attended the event, Chanos said, according to The NYT. Biden told the crowd he was grateful they “allowed me to be able to compete in a way that I’ve never been able to before.”

The second quarter of the year does not end for two weeks, and 2020 Democrats try to be strategic about releasing fundraising numbers that show them in the best possible light, so Biden’s numbers can’t be compared to other candidates’ quite yet. But the $19.8 million figure is even larger than Independent Vermont Sen. Bernie Sanders’ first-quarter haul. Sanders boasted $18.2 million from more than 500,000 donors, according to The NYT.

Biden has reportedly stressed the importance of fundraising since day one of his campaign. He led all other 2020 Democrats in first-day contributions with $6.3 million, compared to former Texas Rep. Beto O’Rourke’s $6.1 million.

Biden is set to raise money in the San Francisco area June 28 and 29, reported The San Francisco Chronicle. He has other events scheduled in New York and Seattle for this month, reported The NYT.

The Biden campaign did not immediately respond to The Daily Caller News Foundation’s request for comment.

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