Battle of the Billionaires? Bloomberg Reportedly Planning To Run

Former New York City mayor Michael Bloomberg is reportedly going to jump into the Democratic presidential race. According to sources, the billionaire businessman is planning to file for Alabama's Democratic primary – and the state’s deadline for filing is today.

Here’s the thing, Bloomberg has previously toyed with the idea of launching a presidential run, but said earlier this year that he wasn’t interested. And just because he’s filing doesn’t mean he’s definitely “in,” it just keeps the door open for him to pursue the concept. Still...all signs are that he’s jumping in – sources say he's "tired of being an almost ran" and that he realize this is the last opportunity he'll have. Them consider the statement made to “Politico” by his spokesman, Howard Wolfson.

"We now need to finish the job and ensure that Trump is defeated — but Mike is increasingly concerned that the current field of candidates is not well positioned to do that," Wolfson notes. "If Mike runs he would offer a new choice to Democrats built on a unique record running America’s biggest city, building a business from scratch and taking on some of America’s toughest challenges as a high-impact philanthropist."

And how rich is he? According to "Forbes," Bloomberg's current wealth is estimated at $52-billion. Compared to President Trump, who's net worth was last tallied at about $3-billion.

Some might recall the ‘Sugary Drinks Portion Cap’ – aka the “Soda Ban,” which prohibited the sale of soda over 16-ounces. It was instituted in New York during Bloomberg’s tenure, back in 2012...and repealed by the State in 2015.

Source: Politico

Photo Credit: Getty Images

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