Michael Bloomberg will reportedly fund his campaign through November — even if it's helping another nominee


Michael Bloomberg reportedly has a long-term plan for his well-funded campaign.
The billionaire former New York City mayor made a late entry to the 2020 race, but quickly jumped up in the polls thanks to the millions of dollars of self-funding he's been able to put into it. But if he doesn't end up topping the Democratic field, that campaign machine won't go to waste: Bloomberg will continue funding his staff to help whoever locks down the Democratic nomination, campaign officials tell NBC News.
Bloomberg already has one of the biggest paid campaign teams out there, with more than 500 workers scattered across the U.S. He's also dominating the TV ad market, all while paying his staffers nearly double what some other campaigns are. Yet all that spending couldn't get Bloomberg on January's Democratic debate stage, and he's still a long shot to win the nomination altogether.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
But even if Bloomberg can't buy his way into this election, he'll still be paying for it through November, campaign officials said. All the staffers and digital assets Bloomberg pays for would be redirected to the nominee, building a "shadow field operation across the country," including in general election swing states such as Florida, Michigan, and Wisconsin, NBC News reports.
That doesn't mean Bloomberg is backing down in his fight for the nomination. "Mike Bloomberg is either going to be the nominee or the most important person supporting the Democratic nominee for president," Bloomberg's campaign manager Kevin Sheekey said. Read more at NBC News.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Does depopulation threaten humanity?
Talking Points Falling birth rates could create a 'smaller, sadder, poorer future'
-
New White House guidance means federal employees could be hearing more religious talk at work
The Explainer Employees can now try to persuade co-workers of why their religion is 'correct'
-
Real-life couples creating real-deal sparks in the best movies to star IRL partners
The Week Recommends The chemistry between off-screen items can work wonders
-
Judge halts GOP defunding of Planned Parenthood
Speed Read The Trump administration can't withhold Medicaid funds from Planned Parenthood, said the ruling
-
Trump contradicts Israel, says 'starvation' in Gaza
Speed Read The president suggests Israel could be doing more to alleviate the suffering of Palestinians
-
Trump executive order targets homeless
Speed Read It will now be easier for states and cities to remove homeless people from the streets
-
Columbia pays $200M to settle with White House
Speed Read The Trump administration accused the school of failing to protect its Jewish students amid pro-Palestinian protests
-
Florida judge and DOJ make Epstein trouble for Trump
Speed Read The Trump administration's request to release grand jury transcripts from the Epstein investigation was denied
-
Trump attacks Obama as Epstein furor mounts
Speed Read The Trump administration accused the Obama administration of 'treasonous' behavior during the 2016 election
-
Trump administration releases MLK files
Speed Read Newly released documents on the 1968 assassination of the Rev. Dr. Martin Luther King Jr. did not hold any new revelations, King historians said
-
Japan's prime minister feels pressure after election losses
Speed Read Shigeru Ishiba has vowed to remain in office