Businessman Steyer spends over $64 mln on US presidential bid in Jan

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Businessman Steyer spends over $64 mln on US presidential bid in Jan
February 21, 2020, 11:09 am

Businessman Steyer spends over $64 mln on US presidential bid in Jan

Democratic presidential candidate Tom Steyer. (File photo AFP)

Businessman Tom Steyer poured $64.7 million of his wealth in January into his bid to win the Democratic presidential nomination, for a total spend of $267 million, a campaign finance disclosure showed on Thursday.

Steyer’s spending is of historic proportion but is dwarfed by that of rival candidate billionaire Michael Bloomberg, who pumped $220.6 million of his funds into his bid the same month, for a total of $409 million since launching his campaign in November.

source: Reuters

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