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.
Parents’ relentless hunt for missing daughter heats up as new tech breathes life into case
Pentagon Contractor Indicted for Leaking Classified Info to the Washington Post
Trump warns Canada of 100% tariffs if it becomes China’s ‘drop off port’ with new potential trade deal
Legal Analyst: There Are Still Several Ways Pam Bondi Can Charge Don Lemon for His Conduct
Campus Radicals: Union member tell-all, Dems back to DEI ways, more violent leftist threats on campus
Trump takes aim at Senate ‘blue slip’ tradition as GOP resists change
The Tide Has Turned on DEI in Nearly Every Major Institution, But Teachers and Educators Refuse to Ditch It
Hawaii RNC members pay their way to represent state: ‘It’s not a cheap hobby’
Cruz back in Texas after photo of him boarding plane sparks backlash ahead of winter storm
‘I Went to Princeton and Harvard!’: Michelle Obama Complains About Being Known as ‘Barack Obama’s Wife’
Johnson warns House Republicans to ‘stay healthy’ as GOP majority shrinks to the edge
Navy Under Secretary Hung Cao says personnel discharged over vaccine mandate were ‘failed’
Pentagon plans to give South Korea primary role in deterring North Korea threats under new strategy
Minnesota ‘on the clock’ as HHS threatens penalties over childcare fraud scandal
Man who allegedly threatened to shoot ICE agents had rifles, body armor and ammo cache, feds say
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.
