May 4, 2012

(THR) -- President Barack Obama's dinner with George Clooney has officially sold out and campaign sources are telling The Hollywood Reporter that the event is expected to raise up to $12 million for the president's reelection, making it the biggest presidential fundraiser in U.S. history.

One-hundred-and-fifty high rollers -- including Hollywood studio heads, celebrities and an array of entertainment industry execs -- have paid $40,000 apiece to dine with the president at Clooney's Studio City home on May 10. DreamWorks Animation chief Jeffrey Katzenberg, the president's major entertainment industry fundraiser, has been spearheading the event along with Hollywood political consultant Andy Spahn.

he packed dinner at Clooney's house will bring in between $5 million and $6 million for the president's campaign coffers, sources told THR. The demand for tickets at the event was so great that organizers tried to limit the guest list to those living in Southern California.

The Obama for President campaign also has been conducting an online sweepstakes with the winner to receive two seats at the head table with the chief executive and Clooney. Campaign sources tell The Hollywood Reporter that that tally of online donations could hit $6 million, bringing the total raised to about $12 million. The winner of the contest is expected to be announced by the campaign in the coming days.

After the Clooney event, Obama is expected to be back in Los Angeles on June 6 for a LBGT gala. Pink is scheduled to perform at that event, organizers say, with donations ranging from $1,250 to $25,000.


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