Michael Bloomberg Spent Over $1 Billion on Presidential Campaign A new filing with the Federal Election Commission has reportedly confirmed the amount that Bloomberg spent.
Bloomberg contributed $1,221,777,405.26 of his own wealth to his 2020 campaign.
According to the ‘New York Post,’ the recent filing revealed that Bloomberg spent $176 million during the month of March.
This amount is unexpected, as the former New York City mayor officially ended his campaign on March 4.
Bloomberg, who’s estimated to be worth $55 billion, was known for his sizable spending throughout his four-month campaign.
The $1 billion he spent represents the most money a politician has ever spent on a political campaign.
The record was previously held by Barack Obama, who raised $748 million from donors during his 2008 campaign.