Biden discloses top campaign rainmakers


Several big names from Silicon Valley, including LinkedIn co-founder Reid Hoffman and venture capitalist Ron Conway, were on the list. But a few major Democratic donors from the tech scene were absent, like Facebook co-founder Dustin Moskovitz and former Google CEO Eric Schmidt, who have poured millions of dollars into their own super PAC, called Future Forward.

Biden’s list is smaller than Hillary Clinton’s, who listed 1,129 bundlers in 2016. In 2012, former President Barack Obama’s campaign had 769 bundlers.

But Biden has outraised both of them, thanks not only to help from wealthy donors but to a record-breaking influx of online donors giving a handful of dollars at a time. That combination swept Biden past President Donald Trump, who has not disclosed his top donors and who started the campaign with a nine-figure fundraising lead over Biden. By the end of last month, Trump trailed Biden 3-to-1 in cash on hand.

Of the major Democratic candidates for president in 2020, Biden was the most reliant on big fundraising events and high-dollar bundlers to power his primary campaign, and he struggled mightily to keep up with the rest of the field’s fundraising. In December 2019, he voluntarily disclosed a list of 200 bundlers, timed with a broader discussion of campaign finance transparency driven by Pete Buttigieg and Elizabeth Warren during the clash for the Democratic nomination.

Several of his former presidential primary opponents also bundled for his campaign, often headlining events for him on Zoom, including Sen. Cory Booker (D-N.J.), Sen. Amy Klobuchar (D-Minn.), former South Bend Mayor Pete Buttigieg and philanthropist Tom Steyer. Former New York City Mayor Michael Bloomberg, who’s separately spending millions of dollars on behalf of Biden through his super PAC, is not on the list.

More than 30 current and former members of the U.S. House also bundled for Biden, including Reps. Pramila Jayapal (D-Wash.), the co-chair of the Congressional Progressive Caucus; Val Demings (D-Fla.), who was on Biden’s list of possible vice presidential picks before the job went to Kamala Harris; and Deb Haaland (D-N.M.). Another 20 U.S. senators were also on the list of Biden bundlers.

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