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By Aila Slisco
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Vice President Kamala Harris has reportedly raised a staggering $500 million for her presidential campaign less than one month after entering the race.
Harris has been riding a wave of Democratic enthusiasm since President Joe Biden dropped out of the race and endorsed her on July 21, achieving a record-breaking fundraising haul that included an unprecedented $81 million in donations during the first 24 hours of her candidacy.
Fundraising for the Harris campaign, now with the addition of running mate Tim Walz, appears to be continuing at a dizzying pace while this year's Democratic National Convention (DNC) takes place in Chicago.
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By Tuesday, just four weeks into her campaign, Harris had taken in around $500 million, according to a report from Reuters that cites four anonymous sources "familiar with the fundraising effort."
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Newsweek reached out for comment to the Harris-Walz campaign via email on Tuesday evening.
"Wow," former Republican Congressman Adam Kinzinger, who supports Harris, wrote while sharing the Reuters report to X, formerly Twitter.
"Holy moly! Kamala Harris has raised HALF A BILLION DOLLARS in ONE MONTH," wrote @TrumpsTaxes. "$500,000,000 over the course of just four weeks. Insane."
"Harris has raised $500M in the month since she launched her campaign. Seems quite likely she will end up raising more money than any campaign in history, despite starting on July 21," @snowmanomics wrote.
Of the reported $500 million, $200 million was raised during the first week of Harris' campaign, with a total of $310 million raised in July. In comparison, the campaign of former President Donald Trump reported raising a total of $138.7 million during July.
Combined with funds raised by Biden prior to his exit, the Democratic ticket had reportedly raised over $1 billion by the end of July, reaching the milestone quicker than any presidential campaign in U.S. history.
Donations to Harris came mostly in the form of small contributions from individuals, including at least 2 million first-time donors in July alone.
In addition to strong fundraising, polls have shown that the vice president has dramatically seized the momentum of the race since taking her place at the top of the Democratic ticket.
An average of recent polls from FiveThirtyEight shows Harris leading Trump by 2.8 percent as of Tuesday. Trump had an average lead of 3.2 percent over Biden just before the incumbent president withdrew.
The Harris-Walz campaign will be hoping to keep the momentum going at the DNC this week. Harris is expected to formally accept the Democratic nomination in a concluding speech on Thursday night.
The event has already brought in an array of Democratic stars hoping to help Harris across the finish line in November, with former President Barack Obama expected to close out the festivities on Tuesday night.
Update 08/20/24 8:01 p.m. ET: This article was updated with additional information.
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