Billionaire Bloomberg enters race for America's 2020 presidential elections

Billionaire Bloomberg enters race for America's 2020 presidential elections

-Michael Bloomberg, a 77-year-old American billionaire, has joined the race for the country's presidency

- Bloomberg commenced a campaign advert that cost $34 million and is currently causing discomfort among the other contenders

- With the entrance into the race, the businessman hopes to ignore four primaries for which the other aspirants have spent money

The United States of America has witnessed a new entrant into the country’s 2020 presidential race in a turn of events that hops to shape its political space. His name is Michael Bloomberg, the billionaire owner of a world-leading business and market news platform.

Bloomberg, 77, a former mayor of New York, joins 18 others ahead of the primary election of the Democrats after he launched an advert on the morning of Sunday, November 24, to make his ambition known.

According to Daily Mail, the ad said Bloomberg aimed to restore faith in the dream that defines the US, “where the wealthy will pay more in taxes and the middle class get their fair share.”

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The report says the campaign advert cost more than $34 million and is expected to continue to run till December 3, 2019.

The advert piece calls Bloomberg a job creator, leader and problem solver with an emphasis on his ability to bring jobs to thousands of Americans.

Previous reports indicated that the billionaire was spending the money on anti-Trump ads to run in 48 states.

It is learnt that Bloomberg is worth $52 billion and had earlier considered running as an independent candidate or as Democrat since 2008, but had ruled out running in the 2020 election.

The report says Bloomberg may have to ignore the first four Democratic primaries for which the other aspirants have pumped money into campaigning.

An analysis shows that with his financial stand, Bloomberg is capable of campaigning in 15 states, a feat the other candidates may not have the capacity to achieve.

As a result, the other candidates do not seem comfortable with his entrance into the race.

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One of them, Senator Bernie Sanders, tweeted: “I'm disgusted by the idea that Michael Bloomberg or any other billionaire thinks they can circumvent the political process and spend tens of millions of dollars to buy our elections.”

Legit.ng earlier reported how, about 12 months to the United States 2020 presidential election, political pundits recently took time to analyse the ongoing debates of the presidential aspirants on the platform of the Democratic Party.

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Some of the presidential nominees are a former vice president Joe Biden, Mayor Pete Buttigieg, Sen. Kamala Harris, Sen. Bernie Sanders, Sen. Elizabeth Warren, and so on.

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Source: Legit.ng

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