In the last month, Kamala Harris has successfully gathered close to $500 million in funds.

During the first day of the Democratic National Convention in Chicago on August 19, 2024, Vice President Kamala Harris showed her support as President Joe Biden delivered his speech. According to NBC News, Harris, who is now the Democratic presidential candidate, has amassed nearly $500 million for her campaign in the month following Biden’s decision to exit the race and endorse her. This substantial amount includes contributions to her campaign and various affiliated fundraising groups, as reported by two sources familiar with the details. One source anticipates that the total could reach around $600 million by the end of August.

This surge in funding reflects the excitement surrounding Harris’ rise to the top of the Democratic ticket after Biden ended his campaign against former President Donald Trump on July 21. Biden, who is 81 years old, faced increasing doubts about his ability to serve another term, especially after a poor debate performance against Trump in late June, which alarmed donors and caused a significant drop in fundraising.

Harris’ entry into the race has reversed this trend. Her campaign raised $310 million in July alone, with over $200 million coming in after Biden’s withdrawal. As of the beginning of August, Harris’ campaign had $377 million in cash reserves, surpassing the $327 million held by Trump’s campaign at that time.

This story is still unfolding, so stay tuned for further updates.