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 calls mail in voting corrupt as Senate begins debate on SAVE Act requiring voter ID
Dems unmoved as White House reveals DHS concessions in shutdown battle
House Oversight Committee Subpoenas Pam Bondi
Breaking Report: Joe Kent Was Leaker Who Had Been Cut from President’s Intel Briefings for Months
Iran’s leaders don’t need to hide, envoy insists, despite MIA Khamenei and dead officials
Obama-appointed judge orders release of MS-13 gang member with history of rape, robbery, attacked ICE officers
California Democrats vying to be governor take on soaring gas prices
Trump staging assassination attempt theories don’t factor ‘shell shock’: Salena Zito
Man claiming CIA ties allegedly tries to slit commuter’s throat in unprovoked train attack
GOP triggers marathon Senate fight to expose Dems’ opposition to Trump-backed voter ID bill
Chief Justice Roberts warns against personal attacks on judges as ‘dangerous’ after Trump’s court tirade
Irish President Roasted for ‘Demoralising’ St. Patrick’s Day Message That Replaces Christ with Wokeness
Trump Warns of Permanent Consequences for Every Lawmaker Who Votes Against the SAVE America Act
NYC $30 minimum wage proposal pushed by Mamdani would ‘obliterate’ certain industries: expert warns
Trump bids goodbye to intel official who resigned over Iran: ‘Good thing that he’s out’
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.
