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.
Future of Hamas hazy after devastating war and unstable peace
Man Behind App That Helps Illegals Evade ICE Now Suing Bondi, Noem, Homan After Apple Took it Down
Somalians Accused of Another Mass Medicaid Fraud Operation in Maine: Whistleblower
FBI hunts Michigan woman accused of stealing nearly $30M while posing as aircraft heiress
New dark money network could exploit campaign finance loophole banning federal contractors from spending on politics
Jasmine Crockett uses Trump’s ‘Low IQ’ insults to launch her Texas Senate campaign in debut ad
Trump cabinet members do pull-ups at airport to launch $1B family travel program nationwide
Trump threatens 5% tariff on Mexico over water treaty violations affecting Texas farmers
Thune eyes possibility of ‘serious’ Obamacare talks once Democratic bill fails
Watch: Is This Is a Touchdown? ‘Clear As Mud’ Rules Trigger NFL Controversy
Top GOP senator says Crockett announcement exposes how ‘radical’ Dems are nationwide
Indiana redistricting bill clears committee in victory for Trump, heading to full Senate vote
Family sues Royal Caribbean after man allegedly served 33 drinks dies aboard cruise ship
DeSantis Drops the Hammer on Muslim Brotherhood, CAIR: ‘EFFECTIVE IMMEDIATELY’
Kelsey Grammer Defies All of Hollywood, Goes on Record with Glowing Review of Trump
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.
