Yang raises $16.5 million in fourth quarter

Politico

Entrepreneur Andrew Yang announced he raised $16.5 million in the last quarter of 2019, a total that's expected to put him toward the upper half of the field.

His campaign said Thursday that he now had a cumulative 400,000 donors, with more than 1 million contributions. The campaign said his average donation was $30. The $16.5 million total marked Yang's strongest fundraising quarter to date.

“At every turn in this race, Andrew Yang continues to exceed expectations whether it’s in terms of grassroots fundraising, making the debates, early state polling, or the ability to draw big crowds,” Nick Ryan, his campaign chief, said in a statement. "What we have achieved together to date through the humanity first values of this campaign, now sets us up to compete through the early-state primaries, Super Tuesday, and beyond.”

The Yang campaign did not release a cash on hand amount. His previous best quarter was just under $10 million during the third quarter of 2019.