Pete Buttigieg raised US$ 24.9m beating Biden and 23 other rivals

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Pete Buttigieg, the South Bend mayor running for the Democratic presidential nomination, raised $24.9m in the second quarter, beating Joe Biden and 23 other rivals, and also generating more than any candidate in the previous quarter.

The 37-year-old mayor of the small Indiana city leaped to the top of the fundraising rankings after outpacing Mr Biden, the former vice-president and leader in the Democratic primary race polls, who came second with $22m, according to data from the Federal Election Commission.

While Buttigieg has emerged as the frontrunner in the money race, his financial advantage has not been mirrored to the same extent in the polls. According to an average of recent polls compiled by Real Clear Politics, he has 5 per cent support. That was far behind Mr Biden who boasted 28 per cent, Ms Warren and Mr Sanders who both had 15 per cent, and Ms Harris who came just behind with 14 per cent support.

Coming 16 months before the presidential election, the numbers clearly divided the field into the top five candidates and 20 other contenders. The top fundraisers put a huge distance between themselves and the next tier, which was led by Cory Booker, the African-American senator, who raised $4.5m.

The fundraising totals marked a tremendous result for Mr Buttigieg, the first openly gay presidential contender who rose to prominence in April when he provided clear answers to a range of questions during a televised town hall. The former McKinsey consultant and Afghanistan veteran has also benefited from fundraisers hosted by wealthy Democratic donors, unlike Ms Warren and Mr Sanders who have focused exclusively on small donors.

Via FT 

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