Political Donations From Bloomberg Top $65M For 2016

Former New York City mayor Mike Bloomberg is wrapping up the 2016 political cycle as one of its biggest spenders. Striving to maintain political independence, Bloomberg makes a point to give to both Republicans and Democrats, as long as they align with positions he believes in. The media mogul – whose fortune is estimated to be upward of $40 billion – comes into the upcoming Election Day having donated more than $65 million with very little public presence, that money going to 18 candidates who have supported Bloomberg’s campaigns, including local gun control and soda tax measures. Oddly enough, not a single dollar of the total went toward the presidential race.

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