US presidential candidates Donald Trump and Kamala Harris spent a record USD3.5 billion on their election campaigns, making the 2024 presidential campaign the most expensive in history, Paralel.Az reports citing Philippine News Agency.

According to the newspaper, Harris attracted more than USD2.3 billion and spent USD1.9 billion. Trump, in turn, took in USD1.8 billion and spent USD1.6 billion.

The bulk of the money from both sides went to media and advertising.

The paper points out that USD100 million, or 14 percent of all spending, went towards Trump’s legal expenses.

Meanwhile, nonpartisan political finance monitor OpenSecrets reports that USD5.5 billion has been spent on the 2024 White House race, which is at odds with the Financial Times’ estimates.

US presidential candidates’ election campaigns are financed from personal and party funds, individual donations and funds raised through political action committees.