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How Much Did the Democratic Candidates Fundraise in 2020

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Presidential candidate and Senator Bernie Sanders rang in the new year with some serious campaign financing.

The Sanders campaign announced Thursday that it raised a whopping $34.5 million in the fourth quarter of 2019.

This easily surpassed the $17 million raised by Elizabeth Warren and the $24.7 million raised by Pete Buttigieg.

Sanders brought in a total of about $96 million last year from more than 5 million contributions. The campaign’s average donation was $18. Sanders said nearly 300,000 new donors gave to him last quarter.

President Donald Trump has since announced that his campaign for re-election has raised $46 million, marking Trump’s best quarter of fundraising. The Trump campaign said it had $102.7 million in cash on hand heading into 2020 and raised a total of $143 million in 2019

These totals come ahead of the presidential nominating contests which are set to kick off in February, beginning with Iowa on February 3. Contests in New Hampshire, Nevada and South Carolina will follow with Super Tuesday kicking off on March 3.

With numerous Democratic candidates taking aim at Wall Street, particularly billionaires, campaign financing has been of particular interest. In the most recent Democratic debate, Warren took aim at Buttigieg for his now infamous fundraiser in a wine cave. Though Buttigieg was quick to note that he was the only candidate on stage that wasn’t either a millionaire or a billionaire.

While any new years resolution-spitting pundit will be quick to tell you money isn’t everything, it’s certainly important when running a presidential campaign. 

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