Former President Donald Trump reportedly raised $12 million at a high-profile tech fundraiser in the liberal city of San Francisco on Thursday night.
The sold-out event attracted a lot of attention and brought together some of the biggest names in the tech industry. Tickets cost $300 per user and $500 per couple, and VIP tickets were priced at $50,000 for being a member of the organizing committee. , the appeals told Reuters.
The fundraiser took place at the mansion of venture capitalist David Sacks and his wife Jacqueline in the Pacific Heights neighborhood, at an invitation notified through the news agency. The reception and dinner were hosted by the Sacks and their fellow venture capitalist Chamath Palihapitiya.
Despite the Bay Area’s traditionally liberal tendencies, the occasion underscored a growing interest in Trump’s policies by a segment of the tech community.
Sacks and Palihapitiya are co-hosts of the All-In podcast covering technology, economics, startups, and politics. Presenters are known to have more conservative views. Sacks is also a private friend of Tesla CEO Elon Musk; In 2023, the two hosted a livestream of Florida Gov. Ron DeSantis announcing that he plans to run in the Republican presidential primary, as Reuters reported.
The San Francisco occasion showed that Trump has not slowed down his fundraising efforts despite his conviction in the recent secret trial in New York. In a recent statement, the Republican National Committee (RNC) said more than 485,000 donors had contributed $34. 8 million. within 24 hours of the verdict being announced in the New York trial. His crusade and the RNC have already said they raised a “record” $141 million in May alone.
On Friday, Newsweek reached out to the RNC for comment.
In addition to small contributions, Trump’s fundraising efforts have been backed up by gigantic contributions from high-profile donors and political action committees (PACs). Wealthy supporters and influential conservative teams have continued to pump cash into Trump’s campaign. This ensures that he remains a formidable candidate as the presumptive Republican nominee in the 2024 presidential election.
The former president has consistently governed the GOP’s fundraising efforts since resigning and has once again demonstrated his ability to galvanize money from an unwavering donor base.
However, the fact that Trump managed to raise such a gigantic sum in San Francisco, identified as the most liberal city in the United States, surprises many.
Emma Marsden is a freelance Newsweek journalist who has lived in the UK and US. His interests are current affairs, politics, crime, culture and entertainment. Emma has worked for the BBC and ITV and has written for Johnston Press, Asian Standard. Emma holds a BA with Honours in Journalism and English, a Master’s with Honours and a PhD in Creative Writing. He is currently writing his first novel in the genre Domestic Noir. Languages: English and some Welsh.
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