Nope...sorry; disagree. He could raise the same money by doing things more quietly with his rich friends and corporations. People without their own radio/tv shows can't raise money? I think not.
I know this guy well: everything is about him and his. He's a mean-spirited sumb*tch--tha's why he DOES NOT STOP WITH THIS RANCH 24/7, 365: He's saving himself.
Don't be silly. He's got a loyal audience of some 3.25 million people. People pay lots of money to advertise on his show because their advertising dollars provide them customers and a stream of revenue. The same holds true when he advertises his ranch. It's absolutely insane to think he could reach the same number of people and produce the same results for the same cost, without touching his own audience.