Bernie Sanders raises $18.2 million for White House run, takes fundraising lead

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O'Rourke is the fourth major Democratic candidate to self-release first-quarter numbers, which must be reported to the Federal Election Commission by April 15. His campaign said the average contribution size was $20 - a figure that is significantly lower than O'Rourke's $43 average contribution size.

Every Democratic contender has ramped up the importance of their fundraising haul for the first few months of the 2020 cycle, characterizing fundraising totals as the barometer for the viability of their respective campaigns. That followed U.S. Senator Bernie Sanders, who raised $5.9 million in his first day - and later disclosed he had raised $10 million in a week. Kamala Harris pulled in $1.5 million in her first day, while other democratic hopefuls Sen.

According to campaign manager Faiz Shakir, this $18.2 million was raised with nearly 900,000 individual donations, from 525,000 contributors. The $7 million number is a big one for any presidential candidate to raise in one quarter, especially for a previously unknown mayor of a relatively small city who is still operating in the exploratory committee phase. The average age of donors was under 39 years old, Shakir said. That leaves him with roughly $28 million cash on hand.

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Former Housing and Urban Development Secretary Julian Castro has been pushing for them and has critizied Bernie Sanders for not supporting it. She has spent years courting California's donor class, though her campaign says less than 1 percent of her donors cut checks for the maximum $2,800.

"With respect to how you finance campaigns, I believe (the source of donations) tells you a little bit about how much liberty you're going to have to govern", Shakir told reporters.

O'Rourke's campaign said it received 218,000 contributions, though it did not reveal how many individuals were responsible for those contributions - and some people could have donated multiple times. "This is way ahead of what our original initial goals were". Per standards set by the Democratic National Committee (DNC), a candidate will qualify for a debate if he or she has received donations from at least 65,000 individuals across 20 different states, with a minimum of 200 unique donors per state. Yang is a lesser-known entrepreneur whose campaign is focused on the issue of displacement of labor by technology and a proposed fix of universal basic income, a $1,000 per month payment to all USA citizens over age 18.

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