WASHINGTON — Mike Bloomberg’s White House bid may be on the brink.
The billionaire ex-Big Apple mayor will reassess his mega-bucks campaign after a brutal showing in Super Tuesday races, his first appearance on the ballot, according to multiple reports.
Despite dropping a staggering $500 million of his vast personal fortune on the race, Bloomberg, 78, barely rated at the polling booths in early Super Tuesday states — only clinching victory in the tiny US territory of American Samoa.
According to NBC News and The Associated Press, Bloomberg campaign officials will deliberate over whether he should stay in the race after the disappointing results in multiple states before deciding whether to continue on Wednesday.
Bloomberg, the billionaire founder of Bloomberg LP, made waves when he entered the race in late November and decided to snub early states — appearing on the ballot for the first time on Super Tuesday.
He spent heavily in states such as Oklahoma, Arkansas and Tennessee but was still beat by former veep Joe Biden who ran on a shoestring campaign and whose campaign appeared all but dead until moderates began rapidly coalescing around him on Monday.
But Bloomberg campaign manager Kevin Sheekey insisted on Fox News Radio that “everyday the campaign is re-evaluating.”
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