Donald Trump gives $10 million, still short on investment promise

Donald Trump, a New York businessman who says he is worth billions of dollars, invested heavily throughout his GOP primary race.

By: AP | Washington | Published:October 29, 2016 5:49 pm
US, US donald trump, trump, trump election investment, election investment, US elections 2016, US elections, US presidential elections, US Election campaigns, election campaign spending, world news, indian express LisbonRepublican presidential candidate Donald Trump speaks at a campaign rally at Open Door Christian Academy, Friday. (Source: AP/PTI)

Donald Trump has repeatedly said he will spend USD 100 million or more of his own money on his presidential bid. Yet even with a fresh donation, he is USD 34 million short of that promise. The Republican nominee gave his campaign another USD 10 million, a Federal Election Commission report filed on Friday showed. At rallies earlier on Saturday, he told supporters he’d contributed anew. “Boy, am I spending a lot of my money,” he said in Cedar Rapids, Iowa.

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He has now made a personal investment of about $66 million over the course of the primary and general elections. The latest infusion comes as Democrat Hillary Clinton hold a striking cash advantage over Trump, FEC reports filed Thursday show. As of last week, Clinton and her Democratic partners had USD 153 million in the bank, more than double the resources as on the Trump side.

Trump, a New York businessman who says he is worth billions of dollars, invested heavily throughout his GOP primary race. Then, during the general election, he slowed his personal contributions to about USD 2 million per month.

Trump’s giving has been tied to email appeals to his supporters, promising to “match” their donations up to USD 2 million. He stopped making those solicitations through most of October, according to Tom Sather, senior director of research at the email data solutions firm Return Path. The firm tracks every email from political candidates.