Obama-Clooney fundraiser rakes in celebrity dollars

Obama-Clooney fundraiser rakes in celebrity dollars

In what’s shaping up to be one of the biggest one-off fundraisers in the history of the presidency, Obama will pitch to a houseful of boosters from Hollywood’s inner circles at a sold-out event in Studio City and it’s not just any house – it’s George Clooney’s
7,354-square-foot crib.

Obama has ever acted cool in courting celebrities, on Thursday he’ll be dropping that act and heading for the mother lode.

With the exception of a couple supporters – namely, the winner of the Obama campaign’s "Obama, Clooney and You" sweepstakes and a plus-one – guests reportedly paid as much as $40,000 each to secure a seat. That tallies up to nearly $6 million from partygoers,
plus another estimated $4 million to $6 million from the contest, which gave would-be donors the chance to feast with the stars for a $3 (or more) pledge made via the president’s campaign site.

Although some celebs have dialled down their enthusiasm for Obama since the last election cycle, he still has friends in Hollywood – many of whom will be attending the dinner; and the fundraising game has also changed significantly since Obama’s 2008 campaign,
as the Supreme Court’s controversial 2010 Citizens United ruling made way for Super-PACs and supersized donations to stuff candidates’ war chests with unprecedented amounts.

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Posted by Fahad Zafar on May 12 2012. Filed under Entertainment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry