Michael R. Bloomberg, under pressure from fellow billionaires, donated about $50 million to support Vice President Kamala Harris's presidential campaign, showing a late-stage investment strategy.
Bloomberg's donation to Future Forward USA Action, a super PAC supporting Harris, was intended to be kept under wraps and reflects an earlier reluctance to contribute.
Despite being a prominent donor, Bloomberg’s contributions this election cycle are significantly lower compared to what he spent during the 2018 midterms.
At 82 years old and worth $105 billion, Bloomberg remains a key figure in Democratic funding, now focusing on targeted late contributions instead of early investments.
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