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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 BloombergBiden selects Gina Raimondo for Commerce chief: reports 7 surprise moments from a tumultuous year in politics NFL, politics dominate 2020 ratings 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 TrumpIran convicts American businessman on spying charge: report DC, state capitals see few issues, heavy security amid protest worries Pardon-seekers have paid Trump allies tens of thousands to lobby president: NYT MORE

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Politico reported that Bloomberg has already outspent all of his competitors. Billionaire Tom SteyerTom SteyerOn The Trail: The political losers of 2020 Biden Cabinet picks largely unify Democrats — so far Late donor surges push election spending projections to new heights MORE has reportedly spent $83 million in ad buys, the second most, followed by South Bend, Ind., Mayor Pete ButtigiegPete ButtigiegOn The Money: Retail sales drop in latest sign of weakening economy | Fast-food workers strike for minimum wage | US officials raise concerns over Mexico's handling of energy permits Buttigieg confirmation hearing slated for Thursday James Murdoch predicts 'a reckoning' for media after Capitol riot 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.