Former New York City Mayor Mike Bloomberg’s more than $550 million in campaign advertising and exclusive focus on Super Tuesday states were not enough to make him the default candidate for establishment Democrats to rally around to stop Bernie Sanders, Fox News informed.
He had just 44 delegates as of Wednesday morning, landing him in a very distant fourth place.
Bloomberg’s $224 million in ad spending in just Super Tuesday states means that he spent $5.1 million per delegate that he earned. The former New York City mayor’s most expensive delegates came from Texas, where his $54 million in advertising bought him a total of four delegates.
Bloomberg’s campaign spokeswoman told Fox News earlier Tuesday night that the candidate remained optimistic.
“It’s still an early night,” Sabrina Singh said “…It’s a long night ahead of us. We have so many states that we are waiting to see how the results look for us. Arkansas, Oklahoma. Utah, Colorado … Mike has been really crisscrossing the country and going big in these Super Tuesday states and beyond.”
“You don’t call the game in the first quarter,” Singh added, “and we’re still in the first quarter right now.”
Singh was correct that Bloomberg was racking up delegates in all of the states that she mentioned, reaching the DNC’s 15 percent viability threshold either statewide or in individual congressional districts.
But as of Wednesday morning, former Vice President Joe Biden had earned 453 delegates, Vermont Sen. Bernie Sanders corralled 382 delegates and Massachusetts Sen. Elizabeth Warren won 50 delegates.
Both Bloomberg’s delegate totals and the totals for his rivals could change as there is some outstanding vote left to be counted. However, Bloomberg’s Super Tuesday return on investment was minuscule compared to other, far less well-funded campaigns.
President Trump poked fun at Bloomberg’s Super Tuesday difficulties in a Tuesday night tweet, saying that the billionaire had wasted his money.
“The biggest loser tonight, by far, is Mini Mike Bloomberg. His ‘political’ consultants took him for a ride. $700 million washed down the drain, and he got nothing for it but the nickname Mini Mike, and the complete destruction of his reputation. Way to go Mike!” Trump tweeted.