President Biden and former President Trump will head to Southern California in June for a big fundraiser.
The former president arrives first at a June 7 event in Beverly Hills where the best tickets cost $250,000 per person, according to an invitation obtained by The Times. The next day, he will headline a fundraiser in Newport Beach where donors will be asked to contribute up to $100,000, with billionaire tech entrepreneur Palmer Luckey among the hosts.
Event locations were not included in the invitations, but Luckey hosted a major fundraiser for the former president in the final weeks of the 2020 election at his Lido Isle estate.
Next weekend, Biden will appear at a major fundraiser at the Peacock Theater in downtown Los Angeles that will include appearances by former President Obama and celebrities George Clooney and Julia Roberts, according to a source who is raising money for the event and requested anonymity. speak frankly.
The event, first reported by NBC News, comes after Biden's visit to the West Coast last week, which raised $10 million. Maximum donation amounts were not disclosed by either the fundraiser or the campaign.
But at a December event in Holmby Hills, donors were asked to contribute up to $929,600 to the Biden Victory Fund, a joint fundraising committee that supports the president's re-election campaign, the Democratic National Committee and the Democratic parties. state.
In 2012, Clooney hosted a fundraiser for Obama at his Studio City home that raised $15 million for his re-election effort, believed at the time to be the largest one-night campaign haul.
Despite California's overwhelming Democratic lean, the state's donors fund presidential campaigns on both sides of the aisle. Biden and Trump have raised more in the state for their re-election bids than anywhere else, according to fundraising disclosures filed with the Federal Election Commission.
Biden has raised $21 million from Californians as of March 31, while Trump has raised $11.1 million.
The disparity reflects Biden's overall fundraising advantage over Trump. However, the president's re-election bid is challenging, as seen in a poll released Monday showing Trump leading Biden in five battleground states that will likely decide the election.
The New York Times, Siena College and Philadelphia Inquirer poll found that Biden is losing support among young and minority voters because of the economy and the war in Gaza.
