So far, Bloomberg -- one of the richest people in the world -- has dropped an astonishing $225 million on his campaign.
So far asset markets are not fazed by the election, researchers said.
“It appears Steyer has spent himself into a potentially relevant position."
Although Twitter users initially speculated that Bloomberg had been hacked, his campaign confirmed that he was not.
In many ways, Bloomberg and Biden are running on similar platforms.
He was trailed by Tom Steyer, the other billionaire trying to capture the Democratic nomination
It's "ironic" that the "$54 billion man will do his best to fight combat inequality," said Stuart Varney.
Bloomberg is already blowing his Democratic competition out of the water by spending millions on ad buys.
The milestone comes just days after Bloomberg purchased a 60-second advertising spot that will air nationally during the Super Bowl.
Bloomberg is a late entrant to the Democratic presidential primary, and as a result, is not participating in the Iowa caucuses.
The gun-trafficking claims are linked to James Samuels, a Kansas City firefighter facing federal firearms charges.
Bloomberg is worth an estimated $52 billion, making him one of the richest people in the world
Sheindlin endorsed Bloomberg before he even entered the race.
The move comes as the former New York City mayor grows his campaign staff.
He reportedly plans to spend more than $500 million on the 2020 election.
Michael Bloomberg is one of the richest people in the world, according to Forbes.
His rival Sen. Elizabeth Warren is hitting him hard for the accusations.
"When women raise concerns like this, we have to pay attention," Warren said.
More fallout from Michael Bloomberg's run for the Democratic presidential nomination.
Bloomberg is running one of the most unorthodox campaigns in the Democratic presidential primary.