Mike Bloomberg Says He’s Willing To Spend Over $1 Billion To Defeat Trump Regardless If He’s Democratic Nominee
Bloomberg did not rule out spending up to a billion dollars of his own to help whoever receives the Democratic nomination, even if it means supporting Sen. Bernie Sanders (I-Vermont) or Sen. Elizabeth Warren (D-Massachusetts).
“I really don’t agree with them,” Bloomberg said of the two candidates who lean more Democratic socialist, “but I’d still support them, yes, because compared to Donald Trump that’s easy.”
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He said the amount of financial support would depend on how much help the candidate would need.
“It depends whether the candidate needs help; if they’re doing very well, they need less. If they’re not, they’ll need more,” he told the New York Times after a lunch stop during a campaign tour through Texas.
While he did not rule out the possibility of spending a billion on his effort to ensure a Democratic president, he made it clear he would prefer to spend less than that amount.
“You know how much money a billion dollars is?” Bloomberg said. “It’s a lot of money to me. It’s a lot of money to anybody.”
Bloomberg’s estimated net worth is just over $58 billion, according to Forbes.
Both he and fellow billionaire candidate Tom Steyer have come under fire for trying to buy the nomination.
Bloomberg has spent an estimated $120 million on political television ads, significantly more than the second highest spender, Biden, with an approximate $1.9 million.
“We do not believe that billionaires have the right to buy elections, and that is why we are going to overturn Citizens United, that is why multi-billionaires like Mr. Bloomberg are not going to get very far in this election, that is why we are going to end voter suppression in America,” Sanders said during a town hall in New Hampshire after Bloomberg announced his entrance into the race.
Steyer, whose net worth hovers around $1.6 billion, recently qualified for the January debate based on his rise in state polls. Bloomberg’s expensive campaign, on the other hand, has sent him polling above some of the earlier, more-established candidates.
Bloomberg said he would not use funds to attack any candidate, even if he strongly disagrees with their policies and ideas.
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