Billionaire, Michael Bloomberg who is considered to be the 9th richest man in America, has filed paperwork with the Federal Election Commission to run
Billionaire, Michael Bloomberg who is considered to be the 9th richest man in America, has filed paperwork with the Federal Election Commission to run for U.S. president as a Democrat.
The former New York City Mayor’s filing allows Bloomberg to raise money in a bid for the White House, but an aide said on Thursday that no final decision on whether he will run has been made.
The 77 year old who owns Bloomberg L.P. is a privately held financial, software, data, and media company, has signaled that he plans a late-entry in the Democratic primary, suggesting he feels the field of nearly 20 candidates is vulnerable. If he enters, he will likely forgo the early states where potential rivals have been visiting for months. Michael Bloomberg had already registered to appear on the ballot in Alabama, Arkansas and Texas.
The politician, businessman, author, and philanthropist is worth $58 billion this making the 14th richest person in the world.
