Billionaire Candidate Spent Over $1 Billion on His Presidential Campaign

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Billionaire Candidate Spent Over $1 Billion on His Presidential Campaign
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Michael Bloomberg spent over $1 billion on a 104-day presidential campaign that saw him win a total of 55 delegates

Mike Bloomberg realizing he spent a billion on running for president. Photo: Justin Lane/EPA-EFE/Shutterstock Michael’s Bloomberg’s failed attempt to buy the Democratic nomination cost him more than a billion dollars, according to new Federal Election Commission filings.

That means Bloomberg spent more money in March, a month in which he was a candidate for only four days, than most of his competitors did in the entire primary. Politico parsed the FEC report and found that Bloomberg reported spending more than $11 million on polling in March and more than $53 million in advertising.

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