Obama Bundlers Raise At Least $106 Million for Campaign

Apr 20, 2012 7:27pm

President Obama’s re-election campaign today voluntarily released a full list of their top 532 campaign financiers – aka “bundlers.”

Combined, these individuals are responsible for at least one third — or $106 million — of the total $350 million raised by Obama and Democrats for this election.

These wealthy donors each give the legal maximum to the campaign ($5,000) and the DNC ($30,800) and then get their well-placed friends and colleagues to do the same, a practice known as “bundling.”   Supporters who bring in $50,000 or more for Obama earn the “bundler” classification.

Obama added 87 new bundlers to the list in the first quarter, January through March 2012.

Among the new names are actor/producer Tyler Perry – who recently hosted two major fundraisers for Obama in Atlanta.  He is listed as raising more than $500,000 for Obama and Democrats in the 2012 campaign.

Other familiar names who continue to play an integral role in Obama’s high-dollar fundraising include movie mogul Harvey Weinstein, UBS Americas CEO Robert Wolf, Vogue editor-in-chief Anna Wintour and DreamWorks CEO Jeffrey Katzenberg. All have raised more than half a million dollars apiece.

Former N.J. governor and embattled ex-CEO of MF Global Jon Corzine is also listed as a top-level bundler, though the campaign and DNC said late last year that they were returning $70,000 of contributions from Corzine and his wife .

Here’s the breakdown:

154 bundlers at $50,000-$100,000 each

120 bundlers at $100,000-$200,000 each

141 bundlers at $200,000-$500,000 each

117 bundlers at $500,000+ each

Presumptive GOP nominee Mitt Romney has not released a full list of the identities and contribution amounts of his bundlers.  He has released the names of registered lobbyist bundlers, which is required by law.  Obama does not accept contributions from registered lobbyists.

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