Former Mayor Mike Bloomberg wasted at least $600 million on his failed presidential campaign that ended after a mere 101 days.
The former New York City mayor announced his decision to drop out of the Democratic 2020 presidential primary Wednesday morning, after performing badly in the Super Tuesday primaries.
“I’m a believer in using data to inform decisions,” Bloomberg wrote in a statement. “After yesterday’s results, the delegate math has become virtually impossible.”
Bloomberg bet that massive advertising in the 14 Super Tuesday states would help him win enough delegates to propel him to the Democrat nomination. He spent $528 million just on advertising, according to reports, with millions more on staff and organization. Axios reports that Bloomberg spent $600 million on his campaign, most of it his own money.
Federal judge dismisses Boeing felony charges despite victims’ families opposition to $1.1B settlement deal
Meet the Gay Furry Socialist Dem Candidate Who Celebrated Charlie Kirk’s Murder and Loves 9/11
State Dept says G20 boycott tied to South Africa’s ‘government-sponsored discrimination’ against Afrikaners
Dems Lose It as Trump Appoints Anti-DEI Lawyer to Head Top Civil Rights Agency
Perception that Trump is going too far on immigration is flashback to Obama days
Appeals court says Texas can enforce drag show ban, suggests not all drag shows violate state law
Federal judge rules Trump’s Portland National Guard deployment unconstitutional in permanent injunction
The Hitchhiker’s Guide to a potential procedrual vote on an interim spending bill
Seattle robber bites off 88-year-old woman’s finger during violent robbery, police say
FIRST ON FOX: California’s top public university under fire for ‘LatinX’ and ‘Pilipinx’ race-based scholarship
Miami-Dade deputy fatally shot during altercation, prompting massive police response
Former DACA recipient with violent criminal past flees ICE, tries balcony jump during Chicago arrest
James Watson, Nobel Prize-winning co-discoverer of DNA’s double-helix structure, dead at 97
House Dem reveals why she hijacked Speaker Johnson’s presser with viral outburst
Supreme Court blocks lower court order forcing Trump administration to fully fund SNAP program
The billionaire, who was repeatedly taunted by President Donald Trump for being short and uncharismatic, did not win a single state’s primary but did win American Samoa.
Bloomberg spent more than any other failed Democrat presidential candidate, including billionaire self-funder Tom Steyer, who wasted $252 million on his now-defunct campaign. Sen. Kamala Harris (D-CA) spent over $25 million on her failed presidential campaign and former Congressman Beto O’Rourke (D-TX) spent about $14 million on his attempt to win the presidency. Sen. Cory Booker (D-NJ) wasted over $14 million and Sen. Amy Klobuchar wasted over $30 million.
Story cited here.
