Bloomberg Donates $50 Million to Support Kamala Harris' Campaign
The billionaire's contribution to Future Forward USA Action follows pressure from fellow Democratic donors.
- Michael Bloomberg's $50 million donation makes him the second-largest individual donor to Kamala Harris' campaign, after George Soros.
- The funds were given to Future Forward USA Action, a nonprofit affiliated with Harris' main super PAC, allowing donor anonymity.
- Bloomberg's decision came after encouragement from notable figures like Bill Gates and Reid Hoffman, who also contributed to the PAC.
- This donation is part of a larger pattern of Bloomberg's late-cycle contributions, despite earlier hesitance to fully back Harris.
- Harris' campaign has significantly outpaced Donald Trump's in fundraising, with a strong backing from billionaire donors.