Joe Biden announces raising $22.7 million in 2019's fourth quarter, his best haul yet
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Former Vice President Joe Biden's campaign announced raising $22.7 million in the last quarter of 2019 from October 1 to December 31, his strongest quarterly fundraising performance yet.
Biden's latest haul is a huge improvement over his Q3 performance, when Biden worried wealthy Democratic donors by only raising $15 million, trailing behind Sen. Bernie Sanders, Sen. Elizabeth Warren, and former Mayor Pete Buttigieg.The Biden campaign said they doubled their online fundraising compared to 2019's third quarter, bringing their average donation amount to $23 and attracting a large number of first-time contributors. They have not announced their total cash on hand.
So far, the leader of the pack for fourth-quarter fundraising is Sanders, who is relying solely on grassroots donations without holding private fundraisers and brought in $34.5 million in the fourth quarter. And Buttigieg, a highly talented fundraiser, also edged out Biden by raising $24.7 million.In addition to his highly successful fundraising quarter, Biden is in a strong position in the 2020 primary polls heading into the first nominating contests.
Throughout the entire primary cycle, he's maintained an ironclad lead among African-American voters and enjoys solid support among Latino voters, two demographics the Democratic nominee will need to win over in order to secure the nomination.
Despite some fierce competition from Sanders, Buttigieg, and Warren among white and college-educated voters, Biden has been holding his own in the most recent polling of Iowa and New Hampshire, the first two caucus and primary states, and has a feasible path to the nomination even without first-place finishes in those first contests.
Read more:NEW: Biden reports raising $22.7M. How that compares:
Sanders: $34.5M
Buttigieg: $24.7M
Biden: $22.7M
Warren: at least $17M (total TBD)
Yang: $16.5M
Gabbard: $3.4M
Others TBD. https://t.co/CSepDSXQWd
- Michelle Ye Hee Lee (@myhlee) January 2, 2020
Other key points from Q4:
-- Average per day online revenue + 121% during impeachment
-- More than half of donors were first time contributors
-- Digital donations doubled vs last quarter
-- 98% from grassroots donors
-- Average online contribution $23
- TJ Ducklo (@TDucklo) January 2, 2020
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