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.
DHS shutdown explained: Who works without pay, what happens to airports and disaster response
Trump’s $12B rare earth plan targets China as experts warn US is ‘one crisis away’
Walz proposes $10M business relief package as Republicans cry ‘new avenue for fraud’ in Minnesota
Shooting at South Carolina State University leaves two dead
Puerto Rico governor signs law recognizing unborn babies as human beings
Over 700 arrested amid major gang and drug crackdown in Louisiana
Sanctuary policies let alleged child predator roam free until DHS made Portland, Oregon, airport arrest
Over 1.5 million illegal aliens with deportation orders in US, ICE director reveals
Arizona sheriff blocking FBI from key evidence in escalating Guthrie case: source
Obama Judge Just Knowingly Released 4 Violent Illegals – 1 Ethiopian Pedophile and 3 Cuban Murderers, According to ICE – Onto US Streets
Canadian Police Double Down on Respecting Trans Killer’s Gender Identity, Will Use Preferred Pronouns
Newsom stop in key presidential primary state sparks more 2028 speculation
Noem slams Dems blocking DHS funding bill citing TSA, FEMA, Coast Guard: ‘I hope they come to their senses’
FBI reveals new evidence, including backpack details, in Nancy Guthrie disappearance, doubles reward to $100K
‘Proudly Fixing This Stupid Feature’: Obama-Era Regulation Gets Axed by Trump Admin
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.
