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.
Republicans, Take Note: Ballot Measure Success in Face of Blue Wave Shows Voters Still Want Conservative Policies
JD Vance Says ‘Everyone Knows Why We Lost’ in Fiery Post-Election Message
New Jersey pre-K aide faces 61 charges, accused of filming himself sexually assaulting students at school
Grocery store cyberattacks are ‘psychological warfare’ that could strike US, former FBI agent warns
See for Yourself: As El-Sayed Was Securing Win, Advisor Hasan Piker Filmed His Most Hateful Anti-American Comments Ever
Erika Kirk channels Charlie with blunt message to conservatives after GOP midterm losses
Promising Young Congressman Touted as ‘Future’ of the Republican Party After Defying Blue Wave with a Strong Win
Conservative Commentator Steve Deace Nails the Most Infuriating Part About Democrats’ Midterm Triumph: It Was Preventable
Midterm upheaval of Congress provides little reassurance for Ukraine as ‘nucleus’ of support is ousted or steps down
Latest Numbers: ‘Decoy’ Candidate Could Cost Republicans a Senate Seat as Alaska Race Comes Down to the Wire
Florida congressman diagnoses GOP’s blue tsunami losses: ‘We failed to make them think we cared about them’
Vance courting disgruntled Trump voters to form ‘new right’ alliance after Republican bloodbath, sources say
Fox News/NORC Study: Voters look to 2028 focused on the economy
Hegseth’s future draws ominous predictions from insiders after GOP losses, but Trump isn’t budging yet
Newsom breaks with socialists over billionaire tax, and California voters appear poised to reject it
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.
