+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Bloomberg seeing disastrous Super Tuesday results in states with early returns after spending a quarter of a billion dollars

Mar 4, 2020, 07:17 IST
Shayanne Gal/Business Insider
  • Mike Bloomberg saw disastrous results in Super Tuesday states with early returns.
  • Bloomberg spent roughly a quarter of a billion dollars on advertising in Super Tuesday states alone.
  • The former New York City mayor didn't cross the 15% threshold necessary to earn delegates in the Virginia or Vermont primaries, based on preliminary results.
  • Visit Business Insider's homepage for more stories.

Mike Bloomberg spent roughly a quarter of a billion dollars on advertising in Super Tuesday states alone, but that has not translated into big wins for the former New York City mayor.

Bloomberg had disastrous results in states with early returns like Virginia and North Carolina, two states with a huge chunk of delegates up for grabs (Virginia 99; North Carolina 110). Collectively, the two states make up about 5% of pledged delegates sent to the Democratic National Convention.

Former Vice President Joe Biden was estimated to win in Virginia with 55.02% of the vote, with over half of counties reporting, according to Decision Desk HQ (DDHQ). But Bloomberg won less than 10% of the vote, meaning he'll get no statewide delegates (a candidate must win at least 15% of the vote to earn statewide delegates).

Meanwhile, Sen. Bernie Sanders won in Vermont with 51.73% of the vote with 10.18% of precincts reporting, with Bloomberg failing to cross the 15% threshold in that state as well.

Advertisement

Biden was also the projected winner of the North Carolina and Alabama primaries, according to DDHQ. With about 1% of precincts reporting, Bloomberg was at 19% in North Carolina, but still in third behind Biden and Sanders. For the amount of money Bloomberg has spent, this would still be a poor result.

He did win in American Samoa, but only six delegates were up for grabs in the US territory.

Bloomberg has spent over half a billion dollars on advertising in the 2020 race, tapping into his roughly $55 billion fortune in the hopes of propelling himself to the 2020 Democratic nomination. Of that $500 million, roughly half was spent on states and territories voting on Super Tuesday.

This article will continue to be updated.

NOW WATCH: How networks treat the Democratic debates like reality TV

Next Article