Pro-Trump super PAC raises $46 million in six months

MAGA Inc., a super PAC that supports former President Donald Trump's 2024 campaign, raised more than $46 million in the second half of 2023 and finished the year with more than $23 million in cash on hand as it prepares for the general election.

More than a dozen contributions came from single donors who gave $1 million or more to the super PAC, with transportation executive Timothy Melon, heir to the Mellon banking fortune, making the largest donation of $10 million, Politico reported Thursday.

Another major donation came from WWE founder and Trump-era Small Business Administration head Linda McMahon, who gave $5.25 million. Additionally, Diane Hendrix, the billionaire co-founder of ABC Supply, gave $5 million. Oil and gas billionaire Timothy Dunn also gave $5 million, which is the largest single contribution that he has made to a political committee.

MAGA Inc. donors who gave $1 million include Home Depot co-founder Bernie Marcus, real estate developer Geoffrey Palmer and oil and gas executive George Bishop.

The increase in donations reflects how major donors believe Trump is going to become the Republican nominee in the general election. It also shows that the former president has been able to remain connected to some of the donors who gave to his previous campaigns.

Mellon, for example, has given to a range of conservative candidates and groups, and he previously gave $20 million to a super PAC supporting Trump's reelection efforts.

The PAC provided its donations to the D.C.-based outlet before next week's campaign finance reporting deadlines. The $46 million raised in the second half of 2023 shows a major increase from the $13 million it received during the first six months of last year. 

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