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.
BREAKING: Federal Judge Rules ICE Cannot Re-Detain Kilmar Abrego Garcia
Latina House Republican asks Supreme Court to block Dems’ bid to ‘racially gerrymander’ her out of Congress
Springsteen jabs Trump as ‘wannabe king’ as famed rocker launches concert tour ‘in defense of America’
Cheer mom, daughter dead in apparent murder-suicide after years-long custody fight: docs
Will Conservative Supreme Court Justices Step Down While Trump Can Still Replace Them? Midterm Results Might Force the Issue
Abrego Garcia to remain free from ICE custody as judge OKs travel for Tennessee hearing
Five injured, including firefighter, in church explosion following reported gas leak in upstate New York
Vance and Rubio would give GOP ‘potent one-two punch’ for 2028 ticket: Joe Concha
NBC News Buries Background of Latest Trans Mass Shooting Suspect – He ‘Also Went by the First Name Roberta’
Obama dragged for ‘headache’-inducing presidential center update that has visitors squinting
Minnesota Democrats demand reparations from ICE after losing $18 billion to Somali fraud
Dems Try to Cancel Republican Congressman After He Declares Americans Will Not Give Up Dogs to Appease NYC’s Muslims
Hamas dismisses Israel threat to ‘complete the mission’ if terrorist group doesn’t disarm
Mainstream liberals join Soros in bankrolling group backing DC jury nullification effort
Trump hammers AOC Munich stumbles as ‘not a good look for the United States’
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.
