Tim Scott rakes in $8.3M for reelection, possible 2024 bid

During the second fundraising quarter, Scott reported raising $9.6 million — more than doubling the total of the next-highest Republican incumbent up for reelection in 2022, Florida Sen. Marco Rubio.

Scott, who is the only Black Republican in the Senate, had not previously been known as a major fundraiser. But over the past year Scott has waged a concerted effort to build his small-dollar fundraising operation, paying for a barrage of Facebook ads aimed at drawing in donors.

He has also begun to win over some of the party’s biggest donors, including tech titan Larry Ellison. The Oracle co-founder has contributed $10 million to the Opportunity Matters Fund, a super PAC aligned with the senator. The outfit has also received contributions from other big GOP donors, including hedge fund manager Dan Loeb, investor Bill Oberndorf and Las Vegas billionaire Steve Wynn.