Former New York City Mayor Michael Bloomberg is prepared to spent upwards of $100 million should he mount a 2020 bid for the White House, according to CNBC.
Howard Wolfson, the billionaire business magnate’s top political advisor, told the news outlet that Bloomberg spent more than $100 million in his last campaign for New York City mayor in 2009.
“Last time I looked, NYC is a fraction of the size of the country as a whole,” Wolfson said in an email to the outlet.
Wolfson added that Bloomberg would spend “whatever is required” on his own campaign if he decides to make a run for the Democratic presidential nomination in 2020.
Read more at The Hill.