Lottery-Winning Millionaire Cisneros Dips into Personal Funds to Keep Up With Young Kim
Fullerton, CA – Official campaign finance reports for the 2nd Quarter of 2020 showed that Young Kim nearly doubled her incumbent opponent in fundraising. Young raised over $1.23 million in the April-June quarter compared to Gil Cisneros’ $668,197. Young Kim will enter the final stretch of the campaign matching her opponent in cash-on-hand and boasting a digital fundraising operation unmatched in the race.
“When we launched this campaign last year, Young knew it would take substantial grassroots buy-in from across the 39th District to unseat her lottery-winning opponent,” stated Young Kim’s campaign manager Patrick Mocete. “Cisneros is already starting to dip into his personal fortune in an attempt to keep up with the small dollar, grassroots donors fueling this campaign.”
Without a personal loan, Cisneros would have raised less than half of Young Kim’s fundraising total. Cisneros’ personal loan comes after struggling to keep pace in fundraising and falling well below what was needed to match Young’s impressive quarter. As a major bellwether heading into the fall campaign season, Young Kim’s fundraising is attracting national attention and shining a spotlight on the toss-up race for California’s 39th District.