Billionaire businessman Mike Bloomberg donated $10 million to House Majority PAC in July as Democrats try to seize control of the House from Republicans.
The PAC is a major donor supporting both Democrats trying to defend their seats in the House and candidates trying to unseat Republicans.
“House Majority PAC is deeply grateful for Mayor Mike Bloomberg’s long-standing and continued support in our efforts to take back the House,” House Majority PAC president Mike Smith said in a statement to NBC News. “At a time when American freedom is at stake, Mayor Bloomberg’s commitment to Democratic ideals will fuel our efforts to advance policies that benefit working families across America and elect House Speaker Hakeem Jeffries next year.”
The huge donation comes after Bloomberg donated $20 million to President Biden, who was still seeking reelection at the time, in June. That money is now being used to support Vice President Kamala Harris.
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Former New York City Mayor Mike Bloomberg has donated at least $30 million to the 2024 Democratic campaign.
The billionaire’s return to the Democratic Party comes years after his unsuccessful attempt to run for president in 2020, when he spent a staggering $1 billion of his own money on the Democratic nomination.
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Since dropping out of the race, he has shifted about $18 million to Democrats and separately announced he would fund a $100 million independent advertising campaign to help propel Biden into the White House.
![Pelosi speaking at the podium](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/08/1200/675/bush2.png?ve=1&tl=1)
House Democrats like Nancy Pelosi will benefit from Bloomberg’s July donation. (Getty Images)
Bloomberg, 82, is the 15th richest person in the world with a net worth of about $106 billion. Forbes Magazine.
Harris’ campaign website has yet to post policy positions as the Democratic National Convention begins
As news of Bloomberg’s donation spread, so did news that conservative billionaire donor Timothy Mellon gave a staggering $50 million in May to a leading super PAC supporting former President Trump’s campaign. A bid for the White House.
![Trump in Michigan](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/08/1200/675/GettyImages-2166909388.jpg?ve=1&tl=1)
Former President Trump has enjoyed a large donation from billionaire Timothy Mellon, who poured $50 million into his campaign in May. (Nick Antaya/Getty Images)
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Donations to Democrats have surged in the weeks since Biden dropped out of the race and endorsed Harris, boosting enthusiasm among Democrats and helping to even the race in Trump’s favor.
Fox News’ Paul Steinhauser contributed to this report.