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Leadership

How Much Money Failed Presidential Candidates Have Blown Through This Election

By
Alicia Adamczyk
Alicia Adamczyk
and
Money
Money
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By
Alicia Adamczyk
Alicia Adamczyk
and
Money
Money
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February 22, 2016, 10:22 AM ET
Republican Presidential Candidates Hold Third Debate In Colorado
BOULDER, CO - OCTOBER 28: Presidential candidates Ohio Governor John Kasich (L-R), Mike Huckabee, Jeb Bush, Sen. Marco Rubio (R-FL), Donald Trump, Ben Carson, Carly Fiorina, Ted Cruz (R-TX), New Jersey Governor Chris Christie, and Sen. Rand Paul (R-KY) pose for a photo at the CNBC Republican Presidential Debate at University of Colorado's Coors Events Center October 28, 2015 in Boulder, Colorado. Fourteen Republican presidential candidates are participating in the third set of Republican presidential debates. (Photo by Andrew Burton/Getty Images)Photograph by Andrew Burton — Getty Images

Presidential hopeful Jeb Bush, the former Florida governor, suspended his campaign Saturday night after a crippling defeat in the South Carolina primary. It was a tough loss for the Republican, made all the more bitter when you consider how much money he raised and spent on his abandoned campaign.

As of January 31, Bush had raised more than $118 million through the Right to Rise Super PAC and about $32 million directly through his campaign. That’s the most of any candidate save Hillary Clinton, according to the Center for Responsive Politics. An additional $55,000 came from Millennials Rising, another conservative super PAC. (Perhaps now Bush will have more time to get his personal investments in order.)

According to the Huffington Post, the Right to Rise Super PAC has only about $2.5 million left in its once-bulging coffers.

Much was made of Bush’s fundraising on Twitter after he announced his dropout.

Clinton has raised $163,672,986, most of that directly through her campaign. Ted Cruz follows with $89,637,194 raised, while Bernie Sanders has pulled in $75,068,120, putting him in fourth. Trump’s haul puts him behind both Ben Carson and Marco Rubio.

Here’s a tally of how much the other also-rans spent this election season according to the Center for Responsive Politics:

  1. Scott Walker: $24,436,318 from outside money, $7,973,750 from committee money = $32,410,068
  2. Chris Christie: $19,498,758 from outside money, $7,159,329 from committee money = $26,658,087
  3. Carly Fiorina: $13,015,651 from outside money, $11,349,057 from committee money = $24,364,708
  4. Rand Paul: $10,591,125 from outside money, $11,408,766 from committee money = $21,999,891
  5. Rick Perry: $15,231,068 from outside money, $1,427,133 from committee money = $16,658,201
  6. Lindsey Graham: $10,017,014 from outside money, $4,762,211 from committee money = $14,779,225
  7. Mike Huckabee: $5,714,126 from outside money, $3,950,146 from committee money = $9,664,272
  8. Bobby Jindal: $4,517,207 from outside money, $1,442,464 from committee money = $5,959,671
  9. Martin O’Malley: $1,105,138 from outside money, $4,791,834 from committee money = $5,896,972
  10. George Pataki:$1,547,674 from outside money, $544,183 from committee money = $2,091,857
  11. Rick Santorum: $639,151 from outside money, $1,302,885 from committee money = $1,942,036
  12. Jim Webb: $27,092 from outside money, $764,992 from committee money = $792,084
  13. Jim Gilmore: $305,172 from outside money, $214,440 from committee money = $519,612

Grand Total of Drop-Out Money Spent: $314,020,780

About the Authors
Alicia Adamczyk
By Alicia AdamczykSenior Writer
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Alicia Adamczyk is a former New York City-based senior writer at Coins2Day, covering personal finance, investing, and retirement.

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