Adelsons Pump $75 Million Into Pro-Trump Super PAC In Election’s Final Stretch

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Sheldon Adelson and his wife Miriam at a speech by President Trump during the Republican Jewish Coalition 2019 Annual Leadership Meeting in Las Vegas.

Saul Loeb/AFP via Getty Images


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Saul Loeb/AFP via Getty Images


Elections
Biden Announces Record $383 Million September Haul


Elections
Presidential Campaign TV Ad Spending Crosses $1 Billion Mark In Key States

Though it launched in late August, Preserve America is only dwarfed by Priorities USA Action, a group that’s supporting Biden, and the pro-Trump America First Action in terms of outside spending in the presidential race.

Preserve America raised nearly $84 million at the end of August and in September — largely from the Adelsons.

Trump presented Miriam Adelson with the Presidential Medal of Honor in 2018 and in April of this year appointed Sheldon Adelson, the CEO of Las Vegas Sands, to his council of business leaders who would advise him on reopening the country.

In August, Trump reportedly berated the billionaire Adelson for not forking over enough money to help the reelection campaign.

While Trump and his allies began the campaign with a cash advantage, Biden and affiliated groups have been pulling in gigantic hauls each month since the summer.

On Wednesday, the campaign announced that along with allied Democratic groups, it raised $383 million in September alone. The campaign says it now has $432 million on hand and has been outspending Trump on TV ads in six key states by $240 million.

The Trump campaign and Republican affiliates haven’t yet released September fundraising figures.

  • 2020 presidential election

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