February 19, 2020

Mike Bloomberg Is Way Richer Than People Realize

The ultimate visual comparison.

Michael Bloomberg is rich. Really, really rich.

With $62.8 billion to his name, the former New York City mayor and CEO of the eponymous Bloomberg L.P. has a greater net worth—a far greater net worth—than all the other Democratic presidential candidates combined. (Tom Steyer’s $1.6 billion? That’s quaint.) It’s a fortune that is more than 20 times greater than estimates of President Donald Trump’s. Bloomberg alone could pay for NASA’s plans to send astronauts to the moon once again—and he’d still have enough to buy Fox News (or at least, all Fox Corporation stock in existence).

It’s nearly impossible to conceptualize just how much money Bloomberg has. So we made an animation to help show the scale of the latecomer Democratic presidential candidate’s wealth. Get ready.

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AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

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Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with The Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

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