The star-studded event, which will take place on December 8, is expected to draw high-profile attendees from the entertainment industry. Notably, tickets for this extravagant affair are being sold for as much as $500,000 per person.
Spielberg and Reiner are known for their strong opposition to former President Donald Trump. Joining them as co-hosts are influential figures such as Kate Capshaw, Shonda Rhimes, Rick Caruso, Peter Chernin, and Megan Chernin. The event will be hosted by former United States Ambassador to Spain James Costos and designer Michael Smith.
This is not the first time Spielberg and Reiner have organized a Hollywood fundraiser for Biden. They previously hosted a similar event in 2020, demonstrating their unwavering support for the President.
According to Deadline, invitations have already been sent out for the upcoming fundraiser, with ticket prices starting at $1,000 per person. For those who contribute or raise $500,000, they will be recognized as co-chairs of the event. Additionally, individuals who donate $25,000 or more will have the opportunity to join a photo line.
The proceeds from this extravagant affair will be directed towards the Biden Victory Fund, a joint fundraising committee that supports the Biden campaign, the Democratic National Committee, and state parties. Notably, First Lady Jill Biden will be accompanying the President to this ritzy event, adding to its allure and significance.
This fundraiser holds particular significance as it marks President Biden's first Hollywood-centric fundraising event since announcing his reelection bid. It is worth noting that he previously skipped a Los Angeles fundraising swing during the WGA and SAG-AFTRA strikes. However, the First Lady headlined fundraisers in June and September, and Jeffrey Katzenberg has been serving as a co-chair and campaign adviser.
The Hollywood support for the Biden campaign continues to grow, with Vice President Kamala Harris recently attending a separate Hollywood event that raised nearly $500,000 for the Biden Victory Fund. These high-profile fundraisers serve as a testament to the strong backing that the President and his administration enjoy within the entertainment industry.