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.
Trump Clarifies Stakes of Texas Senate Battle: If Talarico Wins, ‘I Will Be the Last Republican President’
Breaking: Mass Shooting in Downtown Minneapolis, Civilian Killed, Officers Shot
‘A little pissed’: Jeffries ally turns his back to centrist who voted to condemn DSA
Putin swears there won’t be mass mobilization, accuses Ukraine of ‘state terrorism’
Grandmother, Fiancé Turned Semi-Truck into Rolling Dungeon, Imprisoned 4 Children for 6 Nightmarish Years: Cops
Trump says Iranians won’t rise up because ‘they’re being shot’ and refuses to say if CIA would aid protesters
Sheriff suing Maryland says sanctuary laws ignore lessons of 9/11: ‘Stupidity at its best’
Salena Zito’s Butler to begin filming this month, revisiting a day of trauma and loss
Republicans fail to ease one of Trump’s greatest fears as Supreme Court measure collapses
Breaking: Judge Sends Lindsay Clancy Jurors a ‘Dynamite Charge’ as They Report Second Deadlock
Spanberger’s ICE restrictions dealt major setback as judge warns other blue states
Coast Guard plane with DHS Secretary Markwayne Mullin on board makes emergency landing after engine failure
What is a Tuey-Rodriguez charge? Judge gives instruction to deadlocked Lindsay Clancy jury
Where Tunnel to Towers’ Steel Across America tour will stop ahead of 9/11
Longtime ‘Wheel of Fortune’ Announcer Suspended from Show Months After Commercial Flight Led to Police Probe
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.
