Advertisement
US presidential election 2020
WorldUnited States & Canada

Politico | Inside Michael Bloomberg’s half-billion dollar belly flop

  • Campaign aides knew they were in big trouble when the South Carolina results came in

Reading Time:7 minutes
Why you can trust SCMP
Former Democratic presidential candidate Mike Bloomberg announced the end of his campaign Wednesday. Photo: AFP
POLITICO

This story is published in a content partnership with POLITICO. It was originally reported by Sally Goldenberg and Christopher Cadelago on politico.com on March 4, 2020.

Michael Bloomberg left the West Palm Beach ballroom where his campaign held an upbeat Super Tuesday party feeling deflated but resolute. He knew the results coming in from across the country looked increasingly grim. But he wanted to assess the final count in the light of day before deciding whether to end his short-lived bid for the White House.

“As the results come in, here’s what is clear: no matter how many delegates we win tonight, we have done something no one thought was possible,” he told hundreds of cheering supporters who donned campaign T-shirts and waved “Mike Will Get It Done” signs.

Advertisement

By Wednesday morning, Bloomberg realised he could not get it done after all.

The billionaire businessman’s ambitious experiment bombed: he didn’t win a single Super Tuesday state, emerging victorious only in American Samoa – a devastating return on his investment of more than half a billion dollars.

Advertisement
Bloomberg placed third or fourth in every state , and he trailed the two leaders by hundreds in the delegate count. His chances would not improve if he continued campaigning. In fact, doing so could hurt Joe Biden, the leading moderate in the race, his advisers reasoned, despite Bloomberg’s demand earlier in the day that reporters ask Biden why he wouldn’t drop out for Bloomberg.

So the former mayor flew back to New York City with his family on a private jet Tuesday evening and huddled early Wednesday morning with his closest advisers in one of his Manhattan offices. Alongside campaign manager Kevin Sheekey, chair Patti Harris and adviser Howard Wolfson, Bloomberg reviewed the final results from the biggest night of the Democratic primary, one that was essential to his strategy to win the nomination.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x