Former President Donald Trump's campaign raised over $50.5 million at a single fundraising event in Palm Beach, Florida, eclipsing Joe Biden's recent record-breaking $25 million fundraiser. Big money plays a crucial role in the fiercely competitive US elections, with candidates like Trump and Biden continuously working to outraise each other.
Fundraising events are a significant aspect of US political campaigns, even though it might not be viewed positively in some countries. Both Trump and Biden have been actively raising funds, with Trump's campaign highlighting the success of the event at billionaire John Paulson's residence near Mar-a-Lago.
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