Former New York Mayor Mike Bloomberg delivers his first speech as a presidential candidate a day after he announced his bid for the 2020 Democratic presidential nomination.
. "He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage."
The billionaire former Republican said he will advocate for affordable health care, climate change proposals, gun control and for "raising taxes on wealthy individuals like me." Bloomberg, whose net worth according to Forbes is about $55 billion, enters the race as two of the top Democratic contenders, Sens. Elizabeth Warren and Bernie Sanders, slam billionaires and promise to decrease wealth inequality.. Before this ad buy, former President Barack Obama held the record at $24 million for the most money spent in a week on TV ads.
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