Michael Bloomberg to spend $500 million to deny Trump a second term

Billionaire, Michael Bloomberg is set to spend at least $500 million from his own pocket to deny President Donald Trump a second term.

Michael Bloomberg to spend $500 million to deny Trump a second term lailasnews

Bloomberg who’s worth an estimated $51.8 billion – As of June 2018 – has not announced whether or not he’ll run for president but Democratic operatives told Politico that the billionaire former mayor of New York is prepared to spend big either way.

If he runs, Bloomberg will use the funds to fuel his campaign through the crowded Democratic primary where at least 10 contenders are already vying for the party’s nomination. If he doesn’t run, he would use the money to run a data-heavy campaign that would work as a shadow apparatus for the Democratic nominee.

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Kevin Sheekey, a top Bloomberg advisor told Politico.

That’ll get us through the first few months. Mike spent $100 million in his last New York City election. And you can do the math as you think more broadly but New York City is 3 percent of the national population/ I’m not suggesting it’s straight math.

But I’m suggesting that when Mike Bloomberg is committed to making a difference and seeing something though, generally speaking he’s pretty unabashed in doing so

It’s not the first time the former mayor’s team has indicated Bloomberg is willing to heavily invest in getting Trump out of the Oval Office. In December, Bloomberg’s top political adviser Howard Wolfson indicated to CNBC that Bloomberg was willing to put his money where his mouth was and spend more than $100 million to win the presidency.


  1. The race for who gets the top job in US continues. very intriguing events happening in the run up to the elections. Let’s see what happens. I believe the best man for the job will emerge.

  2. I think most people especially blacks in America don’t like Donald Trump and this will facilitate mikel bloomberg’s move against him

  3. To be honest all this people need to be addressed, God in heaven knows the person that will take over if he like let heim sent all he may still loose

  4. The man’s got the cash and this is the money stops nonsense shit. Trump is in for a big treat.

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