Michael Bloomberg donates $50 million to help Kamala Harris after months of sitting on the fence

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By Nikki Schwab, Chief Campaign Correspondent For Dailymail.Com In Washington, D.C.

Published: 20:16 EDT, 28 October 2024 | Updated: 22:06 EDT, 28 October 2024

Former New York City Mayor Michael Bloomberg softly donated $50 cardinal to support Vice President Kamala Harris. 

The New York Times first reported Monday connected nan aid - made to a nonprofit statement supporting nan Democratic nominee - as Bloomberg has been overmuch quieter this statesmanlike election rhythm than 4 years ago. 

In 2020 he ran successful nan Democratic primary, but aft an embarrassing Nevada statement capacity and winning only American Samoa, he dropped retired and endorsed President Joe Biden. 

He besides funneled hundreds of millions toward Biden's campaign, announcing successful mid-September 2020 that he would put $100 cardinal of his ain money toward nan extremity of helping Biden flip Florida backmost - which didn't happen. 

This year, according to nan Times, Bloomberg was begged by Microsoft co-founder Bill Gates, LinkedIn's Reid Hoffman and investor Ron Conway to pony up rate earlier it was excessively late. 

Former New York City Mayor Mike Bloomberg softly donated $50 million 

Bloomberg had a backstage speech complete nan telephone pinch Harris recently, nan newspaper besides said. 

The billionaire businessman and erstwhile New York City politician has ever refused to make early investments successful campaigns.

Instead he's tried to capable holes precocious successful nan game. 

But this year's aid came only precocious and Election Day is conscionable 8 days away. 

The aid was to Future Forward USA Action, nan acheronian money group associated pinch Harris' rule ace PAC, Future Forward. 

The 82-year-old Bloomberg has an estimated nett worthy of $105 billion. 

Prior to nan caller $50 cardinal donation, Bloomberg was nan 2nd highest philanthropist this rhythm aft billionaire wide George Soros, giving $47 cardinal to Democrats. 

Democratic statesmanlike nominee Vice President Kamala Harris speaks during a run rally astatine Burns Park successful Ann Arbor

Republican statesmanlike nominee erstwhile President Donald Trump dances astatine a run rally successful Atlanta, Georgia

The New York Times reported that Michael Bloomberg (left) was near scarred from his 2020 statesmanlike run, wherever he was humiliated onstage by Sen. Elizabeth Warren (third from left) 

But that's mini potatoes compared to the $95 cardinal he donated to Democrats successful 2018, arsenic they tried to return backmost Congress amid Trump's word successful office. 

Altogether during nan Trump era, Bloomberg gave much than $250 cardinal successful nan 2018 and 2020 run cycles. 

On his ain run, he spent $1.1 billion. 

He spent an additional $173 cardinal to get Biden and different Democrats crossed nan line. 

That's $126 cardinal much than Bloomberg has spent this rhythm - contempt Trump again being nan Republican nominee. 

Bloomberg's spending was different successful 2020, immoderate sources argued, because he was a statesmanlike candidate, though The Times reported that he besides recovered his tally 'scarring.' 

He was angry that chap New Yorker, Senate Majority Leader Chuck Schumer, didn't endorse him. 

And nan newspaper said that Bloomberg's narration pinch President Joe Biden has been 'frosty.' 

He expressed concerns astir Harris' capabilities, though has reportedly warmed to her, The Times said, speaking positively astir nan VP to business executive Ken Chenault successful Sag Harbor astir nan clip of nan August Democratic National Convention.

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