Wall Street billionaire John Paulson is hosting a top-dollar fundraiser for President Trump on Saturday, according to an invitation obtained by CNBC.
Tickets for the dinner event at Paulson’s home in Southampton, N.Y., are reportedly priced up to $500,000 per couple.
Under current New York guidelines, events of fewer than 50 people are permissible. Republican officials told CNBC that attendees must test negative for the coronavirus on the day of the event.
The Trump campaign did not immediately respond to a request for comment from The Hill.
Paulson, who made his billions betting against the U.S. housing market before the Great Recession of 2008, has hosted fundraisers for the president before. He is also an economic adviser to the president, Fox Business reported.
Paulson has donated more than $330,000 to the Republican National Committee in the 2020 election cycle, Federal Election Commission records show. Paulson has a net worth of more than $4.2 billion, according to Forbes.
The administration said Thursday that Trump is expected to head to his golf club in Bedminster, N.J., and then attend a fundraiser in the Hamptons over the weekend.