Billionaire donors plan to shower Trump with millions in April: 'fundraising juggernaut'

Big-money donors are beginning to coalesce around former President Donald Trump after he has become the presumptive GOP nominee as he attempts to close the cash-on-hand gap with President Biden, who recently set a high-dollar fundraising record.

This weekend at Mar-a-Lago in Palm Beach, Florida, Trump will host an "Inaugural Leadership Dinner" that includes several Republican high-profile donors and signals the beginning of a major push to cut into Biden’s cash-on-hand lead.

The event will be led by hedge-fund billionaire John Paulson and will be co-chaired by hedge fund tycoon Robert Mercer and his daughter Rebekah, oil tycoon Harold Hamm, hotelier Robert Bigelow and casino mogul Steve Wynn.

Bigelow and Hamm had previously funneled money to Florida Gov. Ron DeSantis in his ill-fated presidential run against Trump in the primary. Hamm previously donated to former U.N. ambassador Nikki Haley's presidential campaign as well.

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Chicago Cubs co-owner Todd Ricketts and New York Jets co-owner Woody Johnson are also expected to be involved along with Wilbur Ross, Trump’s former secretary of commerce.

The event tops out at the "Chairman Level," which costs $824,600 and includes seating at the former president’s table.

"Now that President Trump won the primaries, defeating all 10 contenders by a landslide, I think it’s time for Republicans to unite behind him," Paulsen recently told Bloomberg. "For that reason, I’m hosting this inaugural event to galvanize the broad support there is for the president."

The event comes after President Biden raised at least $26 million in a star-studded event with former Presidents Barack Obama and Bill Clinton.