Bloomberg’s Philanthropy Pays Off In Emerging Campaign

“Mike Bloomberg may have been a late addition to the 2020 race for president, but the billionaire businessman and former New York City mayor has for years been quietly using his wealth to build what would become a national political network — with a massive scope that’s just now becoming visible,” ABC News reports.

“Bloomberg has pumped hundreds of millions of dollars into political donations and philanthropic urban grants that benefited progressive candidates and mayors.”