Billionaire Michael Bloomberg, the founder of the eponymous media company, endorsed President Joe Biden on Thursday and gave Biden’s re-election effort a $20 million boost.
Bloomberg donated $19 million to the independent, pro-Biden PAC “Future Forward” and nearly $1 million more to the Biden Victory Fund, which is a combination of the Biden campaign and Democratic Party Committees, The Washington Post reported. Asked by the Post about his massive donations to Biden, Bloomberg formally endorsed the president’s re-election campaign against Republican Donald Trump.
“I stood with Joe Biden in 2020, and I am proud to do so again,” Bloomberg said.
Future Forward PAC President Chauncey McLean thanked Bloomberg for supporting Biden’s re-election.
“Michael Bloomberg was a strong supporter of President Biden in 2020 and, now, again in 2024, and we are very grateful for his…
