Bloomberg Poured Personal Fortune Into Presidential Politics, AP

WASHINGTON (AP) – After pouring more than $1.2 billion of his personal fortune into presidential politics this election, former New York Mayor Mike Bloomberg has little to show for it.

His only win during a short-lived bid for the White House was in American Samoa. And after pledging to spend “whatever it takes” to defeat President Donald Trump, he routed $110 million to Florida, Ohio and Texas – all states that President-elect Joe Biden lost. Bloomberg has long used his $55 billion in estimated wealth to play kingmaker.

But the poor showing could raise questions about Bloomberg’s ability to use his vast financial resources to sway politics in the future.

(Copyright 2020, The Associated Press. All Rights Reserved.)

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