Republican presidential candidate Donald Trump has most cost effectively dispatched 16 opponents in the race to become the Republican nominee.
From the AP …
Donald Trump poured more than $7.5 million of his own money into his presidential campaign in April, bringing his total personal investment to more than $43 million since he declared his candidacy, new campaign finance reports filed late Friday show.
The billionaire businessman, who swatted away 16 Republican rivals and relied heavily on wall-to-wall media coverage of his outsized personality and often inflammatory remarks, reported spending about $56 million during the primary, which lasted until his final two rivals, Texas Sen. Ted Cruz and Ohio Gov. John Kasich, dropped out of the race at the beginning of May.
In April alone, Trump spent nearly $9.4 million, according to his monthly filing with the Federal Election Commission. Trump’s largest expense in April, about $2.6 million, was for advertisements. The campaign also spent more than $930,000 on direct mail. Other big-ticket items included roughly $585,000 in airfare paid to Trump’s TAG Air Inc.
While much of Trump’s money has come from his own pocket, he reported about $1.7 million in donations last month. Those contributions have come largely from people buying Trump’s campaign merchandise, including the red “Make America Great Again” ball caps, and giving online through his campaign website. Trump didn’t begin developing a team of fundraisers until recently, after he became the presumptive GOP nominee.
Almost all of Trump’s personal investment has come in the form of loans. That leaves open the possibility that he can repay himself now that he’s aggressively seeking donations. A new fundraising agreement he struck with the Republican National Committee and 11 state parties explicitly seeks contributions for his primary campaign.
Yet Trump said in a statement this week that he has “absolutely no intention” of paying himself back.
See full story at AP