Campaign Finance

O’Rourke Out-Raises Gov. Greg Abbott’s Gigantic War Chest

Texas’ third straight fundraising period is officially over, thus making this year’s gubernatorial race the most expensive in the state’s history. This is also the first time Gov. Greg Abbott has reported having less cash than whoever is running against him.

For the third straight filing period, Democratic candidate Beto O’Rourke outraised Abbott, himself a prolific fundraiser. O’Rourke brought in $10.5 million to the incumbent Governor’s $8.8 million in the final month of the campaign.

O’Rourke outspent Abbott, $24.4 million to $20.8 million, in previous periods Abbott had won the big-spender mention. That being said, with only one week left before election day, both candidates have pretty much emptied their war chest, with O’Rourke having only $4.3 million left to spend and Abbott $3.8 million.

What are Abbott and O’Rourke Spending Their Money On?

The candidates invested a big chunk of their fortune on ads, according to the Dallas Morning News, Abbott’s campaign planned on spending at least $9.3 million on ads, and O’Rourke planned on spending at least $10 million on fall TV ads, according to the Texas Tribune.

Who Were The Biggest Donors?

Among Abbott’s biggest donors we have Dallas Cowboys owner Jerry Jones, Plano investment adviser Ken Fisher, and Midland oil mogul Javaid Anwar, according to the Texas Tribune. Each of them contributed to the campaign with half a million dollars. Beto’s biggest donor, Austin doctor Carolyn Oliver, contributed half that amount. His second biggest contribution was made by the Texas chapter of the American Federation of Teachers, which donated $100,000.

RA Staff

Written by RA News staff.

Recent Posts

Texas Bets on Bitcoin: A Strategic Play for Financial Innovation

In a move that has drawn national…

6 hours ago

Elon Musk’s $50K House vs. His Nearly $70K Cybertruck

Elon Musk, a figure with billion-dollar ventures…

8 hours ago

25 Dead, Dozens Missing After Catastrophic Flooding in Kerr County

At least 24 people are dead and many more remain missing — including children from…

16 hours ago

Delta-8 vs. Delta-9: Why Texas’ Marijuana Dispensaries Say They Can’t Compete

Texas' medical marijuana industry entered 2025’s legislative…

1 day ago

Paxton drops appeal: Texas to pay $6.6 million to whistleblowers

Texas will pay $6.6 million to four former top deputies to Attorney General Ken Paxton…

1 day ago

Texas Cities Gear Up for a Vibrant Fourth of July

This Fourth of July, Texas’ biggest metro…

1 day ago

This website uses cookies.