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.
Is a Korean reality show the last honest sport?
SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud
The Trump administration’s unfinished business in Gaza
The Force adrift
Hours after taking office, NYC Mayor Mamdani targets landlords, moves to intervene in private bankruptcy case
Numbers Don’t Lie: CNN, MSNBC Ratings Flip Upside Down from Trump’s First Term to Trump 2.0
Happy New Year: Pentagon Ends 2025 with a Bang, Hits Narco-Terrorists Whose Drugs Will Not Kill Americans This Year
Historic Amsterdam Church Burns as ‘Unprecedented’ New Year’s Eve Violence Grips the City
Another Self-Driving Car Goes Rogue in California: Taxi Drives Passenger Into Active L.A. Fire Scene
Bernie Sanders ditches iconic mittens look while swearing in socialist Zohran Mamdani as NYC mayor
London mayor denies removing Star of David from fireworks show
Fox News ‘Antisemitism Exposed’ Newsletter: You won’t believe what TikTok was selling
New York Gov. Kathy Hochul Copies One of Trump’s Signature Policies
Mamdani vows to govern as ‘democratic socialist’ and embrace big government
At Least It Wasn’t Snakes: Disney Employee Injured After Errant ‘Indiana Jones’ Boulder Falls off Track
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.
