Billionaire Bloomberg floods Democratic primary with cash Billionaire Michael Bloomberg spent roughly $180 million in the month after his late entry into the 2020 presidential primaryDES MOINES, Iowa -- Billionaire Michael Bloomberg spent roughly $180 million in the month after his late entry into the Democratic presidential primary, a staggering sum that's drastically more than all other leading contenders spent during much of the past year combined. Meanwhile, the other leading candidates have drawn down their cash reserves in a final push before the first-in-the-nation Iowa caucuses on Monday. The disclosure reveals Bloomberg's campaign spending up until the end of 2019. It shows he spent $132 million on TV ads, $8.1 million on online ads and $3.3 million on polling. The Vermont senator spent $50 million during the final months of 2019.

Source: ABC News February 01, 2020 05:52 UTC