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.
UK government left impotent by courts blocking deportation of illegal migrants
Incredible Reagan campaign relic for sale: $235,000
Newsom dials the rhetoric back up: ‘We’ll lose this democracy’
FLASHBACK: Mamdani labeled Kirk a ‘far-right extremist’ who should be canceled from speaking in NYC
95-Year-Old Woman Charged with Murder After Nursing Home Death
‘We Do Not Teach Victimhood’: Georgia Mentor Teaches Boys About Manhood
Utah Valley University mourns Charlie Kirk as campus reopens after assassination: ‘Extremely traumatic’
DHS blames political rhetoric for surge in assaults on ICE agents after Charlie Kirk murder
Trump Furious as Newly Released Documents Show Biden Admin Targeted Charlie Kirk’s Turning Point USA
Hegseth orders about face on Pentagon’s slipping grooming standards
Video: Boston Searching for Thug Who Catapulted Senior Citizen Off Bus in Cold Blooded Attack
New York Democrats line up behind Mamdani after Hochul endorsement
King Charles grants Trump a royal welcome during lavish military inspection at Windsor Castle
Spirit Airlines flight flying in vicinity of Air Force One repeatedly ordered to turn
Passenger jet aborts Boston takeoff after flame and smoke spew from engine
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.
