After examining July fundraising reports, it appears Bernie Fensterwald III’s personal net worth of $20 million remains intact. The Democrat raised just over $20,000 in the race to unseat Republican Chris Sprowls, and has spent about half that amount. By contrast, Sprowls has raised $281,000 so far in the cycle, and still has about $225,000 cash on hand.
Fensterwald has the ability to write himself a check that might instantly make the race competitive, but has thus far resisted doing so. In an interview in July, he said he was relying on campaign help and advisors that people in Tallahassee probably hadn’t heard of. But so far, his campaign has been relatively frugal on that front, too. In July, he made a $1,000 payment to “Catalyst Movement Building Group, LLC” to hire a part-time campaign manager, and then on August 2nd, made a second payment of $2,300 to the company, which is owned by Clive Hunt of Saint Petersburg.
Fensterwald has also spent over $3,000 on “campaign literature” and postage.
But with just over two months remaining in the general election contest, time is getting short. And for reasons already explained by Peter Schorsch last month, Sprowls can almost certainly match him dollar for dollar on television and in direct mail and other meaningful voter outreach programs to the point Fensterwald’s personal wealth probably woudln’t make much difference.
We reached out to Fensterwald yesterday for comment on this story, but did not receive a reply.