Now that his criminal trial in New York has ended with a guilty verdict, former President Donald Trump is moving full steam ahead with a series of fundraisers that could raise millions of dollars for his presidential campaign.
Donations started coming in soon after the guilty verdict. A Trump campaign aide said late Thursday that it was unclear how much money the campaign raised from small donors that day. But it was enough that the campaign’s donation website crashed intermittently.
While Trump’s small-dollar donors mobilize in new campaign ads calling the former president a “political prisoner,” the candidate himself is poised to raise big money from wealthy Republicans.
Trump no longer has to appear in court every day as he has for much of the past two months. The change gives him the freedom to travel to Republican strongholds like Texas and deep-blue states like California for fundraisers.
Longtime venture capitalists David Sacks and Chamath Palihapitiya are scheduled to host a fundraiser for the former president in San Francisco on June 6, according to invitations reviewed by CNBC. Tickets for the event start at $50,000 per person and go up to $300,000. Couples can enter for just $500,000.
According to a person familiar with the matter, Trump may also hold a reception in the Hamptons, a luxurious Long Island enclave, after the Republican nominating convention in mid-July.
The Hamptons gala will have at least six co-hosts, but the campaign has not yet determined an exact date or who will host it, this person said.
Trump’s sentencing in the criminal case is scheduled for July 11 in New York City.
The former president also privately said he wanted to host a fundraiser and assembly According to people familiar with the matter, it will be held this summer, preferably in July, at Madison Square Garden in Manhattan.
Trump’s team and his allies have been discussing the need for extensive security measures to ensure his safety at public venues that can accommodate about 19,000 people, one of the people explained.
On May 30, 2024, former US President and Republican presidential candidate Donald Trump returned to Trump Tower after being convicted in a criminal trial in New York City.
Timothy A. Clary | AFP | Getty Images
Some people in this article have been granted anonymity in order to discuss smooth scheduling decisions and logistics.
Potential July event at Madison Square Garden could be tied to republican national convention It is scheduled for July 15-19 in Milwaukee.
If it sells out, the event could easily raise millions of dollars for his cash-strapped campaign. Trump has been using donations to pay huge legal fees to various companies defending him in four criminal cases.
An MSG spokesperson said in a brief statement to CNBC that “no events are currently scheduled with the Trump Organization.”
A source familiar with the deliberations said Trump’s team and MSG officials have been in contact about future events at the location but declined to provide further details.
Trump’s MSG campaign will also be a counterattack against Trump President Joe BidenA major fundraiser at Radio City Music Hall in March, attended by former Democratic presidents Barack Obama and Bill Clinton. The sold-out party raised more than $25 million at the more than 5,000-seat venue. According to reports, tickets to Biden events start at $250 and can go up to $500,000. nbc news.
The Republican National Convention will be supported by Jacob Helberg, a senior adviser to Palantir CEO Alex Karp. Helberg is a major donor to the Democratic Party.
Helberg told CNBC he plans to host a two-hour summit on July 17 during the convention in Milwaukee that will focus on the technology and defense industries.
Confirmed guests include Palmer Luckey, founder of defense technology company Anduril Industries, as well as Republican Senators Tommy Tuberville of Alabama, Bill Hagerty of Tennessee, and Representative Jim Banks of Ohio. .
Banks, a senior Trump ally, told CNBC that Helberg is bridging the gap between Silicon Valley, Washington, D.C., and the defense industry. “I hope he will play an important role in President Trump’s second term, and I look forward to seeing him in Milwaukee,” Banks said.
Press representatives for Anduril, Tuberville and Hagerty did not respond to requests for comment. A spokesman for the Republican National Committee did not respond to a request for comment.
Helberg recently told Washington post After years of supporting Democrats, he donated $1 million to support Trump. For example, he donated at least $700,000 to the Biden Victory Fund in 2020, according to Federal Election Commission records.
Asked whether what happened in Trump’s trial would affect his support for the former president, Helberg said: “My biggest concern is what makes or breaks America.”
He cited his concerns about undocumented immigrants entering the United States, the need to compete with China and a war between Israel and Hamas.
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