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Over the years, Mike Bloomberg has spent billions of dollars to advance philanthropic and political causes across the U.S. That spending has given him an unmatched network of influence and could give him a crucial advantage in his 2020 presidential run. nyti.ms/38wdWKe
Since the end of his time as mayor of New York City in 2013, Mike Bloomberg has become the single most important political donor to the Democratic Party and its causes
Now, in less than 3 months as a presidential candidate, Mike Bloomberg has poured more than $400 million into his campaign. In all, he has probably spent more from his personal fortune on his presidential campaign than any U.S. politician in history.
The more than $400 million that Mike Bloomberg has spent on his presidential campaign pales in comparison with what he has spent in previous years on political and philanthropic causes, positioning himself as a national leader with presidential ambitions
Bloomberg’s spending has also secured the allegiance or cooperation of powerful institutions and leaders within the Democratic Party who might take issue with parts of his record were they not so reliant on his largess
Experts say that the range and reach of Mike Bloomberg’s spending has become an obvious advantage to him in the 2020 U.S. presidential race
Mike Bloomberg's giving has already paid dividends for his presidential campaign: Some of his biggest endorsements have come out of cities that have been focal points for his philanthropy nyti.ms/38wdWKe
Here are 5 takeaways from our examination of Mike Bloomberg’s spending nyti.ms/3bDC6V3
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