Chart: Bloomberg’s Net Worth Eclipses 2020 Field

Francis Lanzano Contributor
Chart: Bloomberg’s Net Worth Eclipses 2020 Field
Read Time: approx. 3:14

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Michael Bloomberg officially announced his late-entry Democratic presidential bid on Sunday, unveiling a campaign that the former New York mayor said will be squarely aimed at defeating President Donald Trump. 

Media outlets on both sides of the aisle homed in on the build-up surrounding Bloomberg’s entry AllSides writes, which comes just days after he filed paperwork with the FEC and announced that he’d spend $33 million on national and local television ads through December 3. 

Even before the announcement was made, Democratic rivals such as Bernie Sanders and Elizabeth Warren pounced on Bloomberg’s plans to rely on his personal fortune tweeting, if “you can’t build grassroots support for your candidacy, you have no business running for president.” 

Bloomberg, who with a fortune of more than $53 billion is one of the richest people in the world, said he would not accept any donations to his campaign – and one can see why Statista notes. The entire 2020 field has so far only managed to collect around $600 million, an amount that might seem like petty cash to the former mayor of New York City.

Keep reading: Local coverage of the announcement from the left-leaning New York Daily News, and right-leaning New York Post.

Infographic: Bloomberg's Net Worth Eclipses 2020 Field | Statista

Credit: Statista. Be sure to sign up for our nonpartisan newsletter to have stats and stories like this delivered directly to your inbox. Cover Photo courtesy of the Bloomberg Campaign Website