Mike Bloomberg Campaign Transfers Record $18 Mln to DNC in Anti-Trump Effort
The giant injection for the Democratic Party was possible because the donation was not made by an individual, but a legal entity - the billionaire mogul’s campaign, which failed during Super Tuesday’s multiple-state vote and saw Bloomberg fall far behind many of the other presidential candidates.
Former billionaire Democratic candidate Mike Bloomberg is injecting a hefty sum of $18 million from his failed presidential campaign into the Democratic National Committee in the biggest such donation to date, the DNC announced.
The record transfer is seen as a sign of Bloomberg’s eager involvement in the anti-Trump campaign at large after quitting the presidential race in the wake of his poor showing on Super Tuesday, which this year fell on 3 March. Back then, he won only one US territory, while former Vice President Joe Biden became a frontrunner.
Throughout his campaign, the media mogul, boasting a net worth of well over $50 billion, reiterated a number of times that whatever his own results in the race were, he would help the Democrats try to defeat Donald Trump.
https://sputniknews.com/us/202003221078669235-mike-bloomberg-campaign-transfers-record-18-mln-to-dnc-in-anti-trump-effort/