ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Former NY Mayor Bloomberg joins 2020 Democratic presidential race

Candidacy marks late challenge to established contenders

With an estimated worth of $53.4 billion, Michael Bloomberg will have the advantage of being able to self-finance his campaign.   © Reuters

WASHINGTON (Reuters) -- Billionaire businessman Michael Bloomberg, the former mayor of New York City, jumped into the U.S. presidential race on Sunday, adding another moderate voice to a crowded field of Democratic contenders seeking to face Republican President Donald Trump in the November 2020 election.

The move represents an about-face for Bloomberg, 77, who had said in March that he would not make a run for the White House.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more