Bloomberg Campaign Spending Tops $409 Million
WASHINGTON (AP) — Former New York Mayor Mike Bloomberg plunged over $400 million of his personal fortune into his campaign for the Democratic presidential nomination, an astronomical sum that’s led many of his rivals to charge he’s trying to buy the crown.
The figures, which his campaign released ahead of Thursday’s campaign finance reporting deadline, lay bare the massive operation the billionaire has built since his November entrance to the race.
Other leading contenders have yet to detail their finances, which weren’t due until midnight. But the sheer size and scope of Bloomberg’ spending left little doubt that he is vastly outspending even his best financed rivals like Vermont Sen. Bernie Sanders, Massachusetts Sen. Elizabeth Warren and former South Bend, Indiana Mayor Pete Buttigieg.
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