Multibillionaire Mike Bloomberg poured over $200 million of his own money into his Democratic presidential campaign from October 31, 2019, to December 31, 2019 by mtindera07
of his own money to his committee during his 2016 run.) The other billionaire still in the race, Tom Steyer, contributed $47.6 million of his own money to his campaign and took in about $2 million from outside donors between July and the end of September 2019.
There are drawbacks to self-funding. Democratic party rules require candidates to meet polling and unique donor thresholds in order to participate in national debates. That means that Bloomberg has not yet appeared on the debate stage, despite polling at 8.2% nationally, according to. His numbers are less impressive in Iowa, which caucuses on February 3, 2020. Bloomberg is currently polling at 1% in the Hawkeye state.
The former mayor of New York City, Bloomberg self-funded all three of his local campaigns, in 2001, 2005 and 2009. His fortune stems from an 88% stake in Bloomberg LP, the privately held data behemoth, which generated an estimated $10 billion in revenue in 2018.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Major primary debate shake-up as Mike Bloomberg qualifies to join stageFormer New York City Mayor Mike Bloomberg was second only to Vermont Sen. Bernie Sanders in a new poll released Tuesday.
Read more »
Mike Bloomberg to Join Democratic Presidential Contenders at Wednesday’s DebateDemocratic presidential contender Mike Bloomberg will take the stage alongside his rivals at a primary debate for the first time on Wednesday night after a poll released today allowed him to qualif…
Read more »
Mike Bloomberg: Here’s My Plan For Your Student LoansMike Bloomberg just released his new plan for your student loans.
Read more »
Mike Bloomberg sees Bernie Sanders as the only 2020 Democratic candidate who threatens his possible nominationMike Bloomberg's campaign said on Tuesday that it sees Bernie Sanders at its only threat to winning the nomination and defeating Donald Trump.
Read more »
Mike Bloomberg bets on zigging while other presidential candidates are zaggingA late entrant into the Democratic presidential race, the former New York City mayor is making a billion-dollar bet that the old rules no longer apply.
Read more »
Campaign Adviser Says Mike Bloomberg Will Sell His Company If Elected PresidentAn adviser to Michael Bloomberg’s 2020 presidential campaign says that the billionaire will sell his media and information company if he is elected president
Read more »