News

How Much Money Has Donald Trump Spent?

by K.W. Colyard

With only a week left until the country votes in a new POTUS — and we're forced to say goodbye to the coolest First Family ever — it's time to take a look at how both major-party campaigns have been financed. How much money has Donald Trump spent on his campaign? In the first part of October, the GOP nominee spent more money than he raised.

As of Oct. 19, Trump's campaign has raised $512.2 million, about 48 percent of Hillary Clinton's $1.1 billion, according to data compiled by Bloomberg. Both candidates have spent the same portion of their funds, however. Trump has paid out $429.5 million, or 83.9 percent of the money he has raised, compared to Clinton's 84 percent.

The most recent campaign spending data comes from the last pre-election reports filed with the Federal Election Commission by the candidates' super-PACs. Those reports cover the first two-thirds of October, in which Trump's campaign raised $28.8 million and spent $47.6 million.

As in Clinton's campaign, media purchases took up much of the early-October spending in the 2016 GOP presidential bid, to the tune of $19.3 million. Trump spent an additional $14.2 million on digital consulting and online advertising.

In battleground states, between Oct. 1 and 19, Trump spent no money on advertising in Arizona, Georgia, and Nebraska, but was the only major-party candidate to buy ads in Wisconsin. He also outspent Clinton in Maine, but was outspent in nine other states, including North Carolina, Pennsylvania, and Virginia.

So where is all that money coming from? Trump has boasted about self-funding his campaign, but has only contributed about $56 million to his own cause. The bulk of his campaign money has come from the RNC ($284.6 million) and two joint fundraising committees: Trump Make America Great Again Committee ($193.9 million) and Trump Victory ($97.6 million).

Additionally, Trump has received millions from six super-PACs: Rebuilding America Now ($20.3 million), Great America PAC ($15.2 million), Make America Number 1 ($5.2 million), Save America from Its Government ($2 million), Future45 ($13.7 million), and Reform America Now ($2 million).

The top five individual donors to Donald Trump's campaign are:

  • Donald Trump, $56.1 million
  • Casino Magnate Sheldon Adelson and his wife, Miriam, $10.5 million
  • Home Depot founder Bernard Marcus, $7 million
  • Former WWE CEO Linda McMahon, $6.2 million
  • Hedge fund CEO Robert Mercer and his family, $5.8 million

As of Oct. 19, Donald Trump had spent $429.5 million on his campaign, leaving him with $83.9 million to spend before the general election on Nov. 8.