WASHINGTON (AP) — New York hedge fund billionaire George Soros and Hollywood director Steven Spielberg are among the biggest donors to a group backing Democrat Hillary Rodham Clinton’s presidential run.
In all, Priorities USA Action will report having raised $15.6 million in the past three months when it discloses its fundraising information this month, according to an official at the group who spoke on condition of anonymity because he was not authorized to discuss fundraising.
The group is called a super PAC, an organization that can campaign on behalf of a candidate, but cannot coordinate efforts with them.
Super PACs can take donations of unlimited size. The biggest gift to the pro-Clinton group was worth $2 million and came from media mogul Haim Saban, owner of the Spanish-language Univision network in the US
Although Clinton is the front-runner in a small Democratic primary, her boosters say she’ll need big money – including from super PACS – to fend off attacks from a huge field of Republican competitors. Officials anticipate raising far more than the $79 million the super PAC brought in to help re-elect President Barack Obama.
On the Republican side, former Florida Governor Jeb Bush will benefit from a super PAC called Right to Rise, which is expected to report having raised about $100 million since the start of the year.
The Republicans will deploy much of their money to win the competitive primary, but still more outside groups have said they will devote their resources to defeating the Democratic nominee.
Clinton’s campaign reported Wednesday it has raised $45 million since she declared her candidacy in mid-April.
Copyright 2015 The Associated Press.