Former United States President Donald Trump raised $50.5 million for his 2024 campaign at a fundraiser event in Palm Beach, Florida, breaking all previous fundraiser records of all Republican and Democrat presidential candidates, the Republican National Committee (RNC) said in a statement.

"The success of tonight's event is proving what we already know: Americans are fed up with Biden's record of failure, from the open southern border and sky-high inflation to the migrant crime crisis that has made everyone less safe," RNC Chairman Michael Whatley and Co-Chairman Lara Trump noted.

Previously, US President Joe Biden's campaign said it raised $26 million in an event in New York City, which was attended by former Presidents Barack Obama and Bill Clinton.