Bloomberg has already spent $120 million on ads in presidential race

Bloomberg has already spent $120 million on ads in presidential race
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Former New York City Mayor Michael BloombergMichael Rubens BloombergBloomberg viewed as having best chance to beat Trump in betting market analysis Poll: Trump trails 2020 Democratic contenders in Michigan The Hill's 12:30 Report: Pelosi names impeachment managers as focus shifts to Senate MORE has reportedly spent about $120 million in digital and television ads since joining the presidential race last month. 

The billionaire candidate is targeting large Super Tuesday states such as California and Texas, spending more than $13 million in each of those states, Politico reported Wednesday. Bloomberg has also spent that much in Florida, which votes a week after Super Tuesday, according to the news outlet. 

Before he entered the race in late November, an aide to Bloomberg said the philanthropist would be willing to spend "whatever it takes" to beat President TrumpDonald John TrumpLev Parnas implicates Rick Perry, says Giuliani had him pressure Ukraine to announce Biden probe Saudi Arabia paid 0 million for cost of US troops in area Parnas claims ex-Trump attorney visited him in jail, asked him to sacrifice himself for president MORE

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Politico reported that Bloomberg has already outspent all of his competitors. Billionaire Tom SteyerTom Fahr SteyerOn The Money — Presented by Wells Fargo — Senate approves Trump trade deal with Canada, Mexico | Senate Dems launch probe into Trump tax law regulations | Trump announces Fed nominees Steyer proposes cuts for low- and middle-income families' taxes Warren to Sanders: 'I think you called me a liar on national TV' MORE has reportedly spent $83 million in ad buys, the second most, followed by South Bend, Ind., Mayor Pete ButtigiegPeter (Pete) Paul ButtigiegFormer insurance executive: 'Medicare for all' would eliminate jobs that are 'not needed' Buttigieg says he's proud to be a part of US system amid UK royal family drama Buttigieg asked about 'Mayo Pete' memes by New York Times ed board MORE, who has reportedly spent $19 million. 

Steyer, unlike Bloomberg, has focused on the early voting states of Iowa, New Hampshire, South Carolina and Nevada, according to Politico. 

The candidates are part of a crowded field that is vying for the 2020 Democratic nomination. Bloomberg is polling at about 5 percent nationally and Steyer is polling at about 1.5 percent, according to aggregation site RealClearPolitics.