Votes do cost - Top 3 most expensive presidential campaigns

Votes do cost – Top 3 most expensive presidential campaigns

top 3 most expensive presidential campaigns

The 2016 United States elections are scheduled for November 8, 2016, but, until then, candidates will try to raise funds that will ensure them a successful campaign.

Specialists estimate that almost $4 billion will be raised, making it the most expensive presidential campaign in history. But Americans have seen big piles of money thrown away by candidates. But, which were the most expensive presidential campaigns? Let’s find out:

3. Barack Obama in 2008 – $780 million

Democratic Party nominee Senator Barack Obama defeated Republican Party nominee Senator John McCain to become the first black president in the history of the United States. He won both the popular vote and the electoral college.

Obama’s total vote amount of 69.5 million votes was the highest amount ever won by a presidential candidate. That’s not the only record Obama set. The Democratic nominee raised $778 million, making it one of the most expensive presidential campaigns until that moment.

2. Mitt Romney in 2012 – $845 million

Former governor of Massachusetts, Mitt Romney, lost the presidential race, but he put out a good fight. The Republican nominee got 61 million votes and managed to raise nearly $845 million for his campaign. For example, Bush,when he won in 2004, obtained only $370 million for his campaign.

As a runner-up, Romney took part in what is considered one of the most expensive presidential campaigns in the history of the United States, $6 billion was the total amount spent in those elections, on campaigns, outside groups and independent organizations.

1. Barack Obama in 2012 – $875 million

Barack Obama got re-elected in 2012, winning both the popular vote and the electoral college, He became the eleventh President to win a majority of the popular vote more than once.

Obama got 65.95 million votes and 332 electoral votes that secured him another four years at the White House. With big costs? Yes! The democratic nominee raised almost $875 million. $52 million went only for online advertising, therefore we can call this the number one entry in our most expensive presidential campaigns top.

Andrei

A finance and tech news journalist with a passion for entrepreneurship and business. Feel free to message me on Twitter and Facebook.