After his criminal trial in New York ended with a guilty verdict, former President Donald Trump is conducting a packed schedule of fundraising events which can be expected to lift tens of millions of dollars for his presidential campaign.
Donations began pouring in inside moments of the guilty verdict. Trump campaign officials said late Thursday that it was unclear exactly how much the campaign had raised from small donors that day, however it was a lot that the campaign's fundraising website crashed at times.
But while Trump's small donors mobilize in response to recent campaign ads that decision the previous president a “political prisoner,” Trump himself is preparing to lift big bucks from wealthy Republicans.
Trump will not have to take a seat in court every single day, as he has done for much of the past two months, and this variation will give him the liberty to travel to fundraisers in each Republican strongholds like Texas and deep-red states like California.
Longtime enterprise capitalists David Sacks and Chamath Palihapitiya are scheduled to host a fundraiser for the previous president in San Francisco on June 6, in keeping with an invite seen by CNBC. Tickets to the event range from $50,000 to $300,000 per person, with couples in a position to get in for $500,000.
According to an individual acquainted with the plans, Trump will likely even be received in the luxury Long Island enclave of the Hamptons after the Republican Party's nominating convention in mid-July.
At least six co-hosts will take part in the Hamptons soirée, but the precise date and hosts haven’t been decided by the campaign team, the person said.
The sentencing of Trump on this criminal case is scheduled for July 11 in New York City.
The former president has also said privately that he’s holding a fundraiser and a rally at Madison Square Garden in Manhattan this summer, ideally in July, people acquainted with the matter say.
Trump's team and allies have discussed the extensive security measures needed to make sure his safety at a public venue with about 19,000 seats, considered one of the people said.
Some people on this story were granted anonymity to debate last-minute scheduling decisions and logistics.
The possible July event at Madison Square Garden could clash with the Republican National Convention is scheduled to happen in Milwaukee from July 15 to 19.
If Trump were to sell out all of the tickets to Madison Square Garden, the event could easily raise tens of millions of dollars for his cash-strapped campaign. Trump has used donations to pay the big legal fees of several firms defending him in 4 criminal cases.
An MSG spokesperson said in a one-line statement to CNBC that they “have no events planned with the Trump Organization at this time.”
A source acquainted with the discussions said Trump's team and MSG officials were in touch a couple of future event at the sector, but declined to supply further details.
An MSG event for Trump would even be a counterattack to President Joe Biden's major fundraiser in March at Radio City Music Hall, which was attended by two former presidents, Barack Obama and Bill Clinton. The event raised greater than $25 million and the hall, with over 5,000 seats, was sold out. Tickets for the Biden event began at $250 and went as much as $100, in keeping with NBC News.
The Republican National Convention is being sponsored by Jacob Helberg, a senior adviser to Palantir CEO Alex Karp. Helberg has been a significant donor to the Democratic Party.
Helberg told CNBC he plans to host a two-hour summit throughout the convention on July 17 in Milwaukee that can give attention to technology and the defense industry.
Confirmed guests on the summit include Palmer Luckey, founding father of defense technology company Anduril Industries, in addition to Senators Tommy Tuberville (R-Ala.), Bill Hagerty (R-Tenn.) and Rep. Jim Banks (R-Ohio), in keeping with Helberg.
Banks, a longtime Trump ally, told CNBC that Helberg bridges the gap between Silicon Valley, Washington, DC and the defense industry. “I hope he will play a big role in President Trump's second term and I look forward to seeing him in Milwaukee,” Banks said.
Representatives for Anduril, Tuberville and Hagerty didn’t reply to requests for comment. A spokeswoman for the Republican National Committee didn’t reply to a request for comment.
Helberg recently said The Washington Post that he gave Trump one million dollars after years of supporting Democrats. For example, he donated not less than $700,000 to the Biden Victory Fund in 2020, in keeping with Federal Election Commission records.
When asked whether the events in Trump's trial influenced his support for the previous president, Helberg said, “My biggest concern is the critical issues for America.”
He cited concerns about undocumented immigrants entering the United States, the necessity to remain competitive with China, and the war between Israel and Hamas.
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