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Trump doesn't need as much cash as Clinton: Wilbur Ross

Cash less important for Trump: Wilbur Ross

Donald Trump has enough time to raise money and build out his staff before general elections in November, billionaire investor and Trump supporter Wilbur Ross said Tuesday.

Ross offered his assessment one day after Trump fired his campaign manager and Federal Election Commission filings showed he is running at a significant cash deficit to Democrat Hillary Clinton.

"Donald has proven before that he doesn't need as much money as the other candidates," Ross said on CNBC's "Squawk Box. " He noted that Trump trounced Jeb Bush in the GOP primary, even though the former Florida governor raised about $100 million early in the campaign and significantly outspent Trump.

In May, Clinton and the Democratic National Committee raised more than twice the $18.6 million Trump and the Republican National Committee brought in, The Associated Press reported, citing FEC filings.

The Clinton campaign started June with more than $41 million in cash on hand, while the Trump campaign had $1.3 million, according to The New York Times, also citing FEC filings.

Trump clinched the GOP nomination in no small part due to his ability to directly reach voters through his famously candid rallies and via social media. He has also dominated the news cycle throughout much of the election season.

"I don't think he needs nearly as much money as the Clinton campaign needs," Ross said.

Ross said the priority for Trump is to be more presidential and to show "the real Donald," someone who is thoughtful, comes to meetings prepared and is control of the situation.

Trump has taken heat for positions such as a temporary ban on Muslims entering the United States, as well as for comments about a Mexican-American judge presiding over a class action lawsuit against him, which members of his own party have called racist.

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