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.
GOP leaders want Trump to endorse Cornyn in Texas Senate primary amid fears of costly fight
House Republican Greg Steube introduces bill to nix controversial H-1B visa program
Minivan mom puts Dem incumbent on notice in top GOP target district: ‘She has done nothing for us’
Gabbard ends task force that aimed to reform intelligence gathering after less than a year
Florida man allegedly points gun at multiple drivers during road rage confrontation
IRS erroneously shared confidential immigrant taxpayer data with DHS: court filing
Federal Judge releases four illegal immigrants convicted of murder, sex crimes from ICE Custody
Affluent Upper East Side explodes in outrage over controversial homeless shelter: ‘Unacceptable!’
Trump threatens ‘consequences’ after 6 House Republicans voted to reverse his Canada tariffs
Illegal alien youth coach could face death penalty after allegedly murdering, raping teen player
Wild Exchange: Nadler Makes Mistake of Insulting Bondi, Triggering a Scorched Earth Response Where She Brings the Receipts on His Hypocrisy and ‘Gutter’ Behavior
Chinese criminal gang allegedly recruited Navy members for sham marriages and base access
Trump directs military to strike new deals with coal-fired power plants: ‘Going to be buying a lot of coal’
Watch: Nadler Appears to Be Dead Asleep at Epstein DOJ Hearing – Same Hearing Where He Accused AG Bondi of Not Caring About Victims
Report: This GOP Advantage Has Some Democrats Panicking About Their Midterm Chances
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.
