According to a Politico report, a DeSantis-aligned political committee, Friends of Ron DeSantis, has received $3.4 million this election cycle from 10 donors who also earmarked $24 million for Trump’s reelection bid in 2020.
In all, citing the same Politico piece, DeSantis’ fundraising arm for Florida’s gubernatorial election in November has raised more than $100 million — a record-setting pace for a single election cycle within the state.
Numerous tracking polls have DeSantis as an overwhelming favorite over Democratic Party challengers Charlie Crist or Nikki Fried. (Primary day is Aug. 23.) And if successful, that governor victory could lead to a Trump-like war chest of campaign funds for the 2024 election cycle.
“I think Ron’s fundraising really speaks for itself,” Francis Rooney, a former construction company owner, longtime Republican donor and former Florida congressman who was open to impeaching Trump in 2019, told Politico.
“It is possible Trump’s percentage of the Republicans keeps going down, and I think it’s possible people will start looking elsewhere.”
Citing financial data, Politico reports that DeSantis’ list of mega-dollar donors includes:
- Retired venture capitalist William Buckley, and his wife, Elizabeth, have given $1.2 million this year.
- Las Vegas Casino mogul and Trump supporter Phil Ruffin has given DeSantis $100,000 this cycle, roughly double the DeSantis donation from four years ago.
- Texas oil baron Kelcy Warren, who spent $10 million backing Trump in 2020, recently gave $50,000 to DeSantis’ reelection cause.
- Larry Garatoni, an Indiana businessman who gave $500,000 to support Trump, also donated $35,000 to Governor DeSantis.
- Geoffrey Palmer, a Los Angeles developer, has given DeSantis $20,000 this cycle. Palmer reportedly spent $6 million on Trump in 2020.
- And Pennsylvania billionaire Jeff Yass gave DeSantis $100,000 this cycle.
Politico speculates that more big-money donors could emerge in November, if DeSantis wins the governor’s race.
“I know a lot of donors who are kind of in wait-and-see mode,” said Shiree Verdone, Trump’s campaign co-chair in Arizona for both his presidential campaigns. “They really, really like DeSantis, who is very popular, but you don’t want to upset Trump.”
By all accounts, former President Trump and DeSantis have a good working relationship.
Four years ago, Trump’s endorsement of DeSantis — then a little-known congressman, on a national scale — helped propel DeSantis to a narrow victory over Democrat challenger Andrew Gillum.
“Like other candidates who have been propelled to victory thanks to the endorsement of President Trump, Governor DeSantis is among a large group of elected officials from across the country who continue to benefit from President Trump’s MAGA movement,” says Trump spokesperson Taylor Budowich.