U.S. candidate Bloomberg spent $200 million of own wealth on presidential bid in 2019

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U.S. candidate Bloomberg spent $200 million of own wealth on presidential bid in 2019
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Former New York City Mayor Michael Bloomberg contributed more than $200 million ...

FILE PHOTO: Democratic U.S. presidential candidate Michael Bloomberg speaks about his gun policy agenda in Aurora, Colorado, U.S. December 5, 2019. REUTERS/Rick Wilking/File Photo

Bloomberg, a late entry to the Democratic competition to take on Republican President Donald Trump in November, has pledged not to take any donations and finance his campaign by dipping into his estimated $60 billion fortune. Bloomberg is not competing in the first four states in the nominating contest, including Iowa, which holds caucuses on Monday. Instead, Bloomberg is campaigning in the states that hold nominating contests in March and beyond.

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