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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 BloombergEverytown hits GOP on gun safety in closing .5M battleground ad barrage A closing argument: Why voters cannot trust Trump on healthcare Biden campaign swamps Trump on TV airwaves 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 TrumpNearly 300 former national security officials sign Biden endorsement letter DC correspondent on the death of Michael Reinoehl: 'The folks I know in law enforcement are extremely angry about it' Late night hosts targeted Trump over Biden 97 percent of the time in September: study MORE

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Politico reported that Bloomberg has already outspent all of his competitors. Billionaire Tom SteyerTom Steyer2020 election already most expensive ever TV ads favored Biden 2-1 in past month Inslee calls Biden climate plan 'perfect for the moment' MORE has reportedly spent $83 million in ad buys, the second most, followed by South Bend, Ind., Mayor Pete ButtigiegPete ButtigiegButtigieg says it's time to 'turn the page' on Trump administration Sunday shows preview: Coronavirus cases surge in the Midwest; Trump hits campaign trail after COVID-19 Biden town hall questioner worked as speechwriter in Obama administration: report 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.