Ted Cruz Raises $51 Million in First 3 Months

Most donations to the Texas senator’s presidential campaign come from four outside spending groups

Ted Cruz

Republican Sen. Ted Cruz and groups supporting his presidential campaign have raised more than $51 million since launching his bid for the White House three months ago.

The campaign said the 175,000 individual donations averaged about $81. About $10 million came in during the second quarter of the year.

Most of Cruz’s donations derived from the four outside spending groups supporting him. Final figures from the political action committees have yet to be released, but according to the campaign, the groups have brought in more than $37 million.

In April, Cruz’s campaign announced it had raised $4.3 million in the eight days following its launch. In the three-month period ending June 30, Cruz raised a little more than twice that, putting his total at $14.3 million. Together that makes $51 million in total.

Last week Hillary Clinton, the clear frontrunner in the Democratic field, announced she had raised more than $45 million since entering the race in April. Her PACs have raised at least another $15.6 million.

Cruz has been meeting with wealthy GOP donors, including casino magnate Sheldon Adelson, who has yet to give an endorsement. However, Cruz has gotten support from other rich backers, including hedge fund manager Robert Mercer, who seeded a Cruz PAC called “Keep the Promise.”