Bloomberg Drops $2 Million on Facebook Ads

Billionaire Michael Bloomberg has spent nearly $2 million on Facebook advertisements in addition to the nearly $58 million hes spent on television ads and a planned $100 million digital ad buy.

Bloombergs campaign spent $1.97 million on Facebook from Nov. 24 through Dec. 5, according to Facebook data.

Bloombergs Facebook spending trumped fellow billionaire and 2020 contender Tom Steyer, who spent $1.3 million over the same period of time.

Sen. Bernie Sanders (I-Vt.) spent around $400,000; Sen. Elizabeth Warren (D-Mass.) dropped $382,000; and, South Bend Mayor Pete Buttigieg spent $176,000. Former Vice President Joe Biden, the other top contender, spent just $59,200 over the time period, less than Rep. Tulsi Gabbard (D-Hawai), Sen. Cory Booker (D-N.J.), and entrepreneur Andrew Yang.

President Donald Trumps campaign spent $667,000 from Nov. 24 to Dec. 5. Overall this year, Trumps campaign has spent the most, dropping $16.5 million on Facebook campaign ads. Steyers campaign has spent $14.4 million overall, with no other campaign spending more than $6 million.

Democratic presidential candidate Tom Steyer speaks at the Teamsters Vote 2020 Presidential Candidate Forum in Cedar Rapids, Iowa on Dec. 7, 2019. The Iowa Caucuses are less than two months away. (Win McNamee/Getty Images)

A cellphone and a computer screen display the logo of the social networking site Facebook in a file photograph. (Norberto Duarte/AFP via Getty Images)

President Donald Trump leaves number 10 Downing Street in London after a reception on Dec. 3, 2019. (Leon Neal/Getty Images)

Bloomberg, 77, announced his campaign on Nov. 24.

He has spent Read More – Source