Recent history shows that a large amount of money on hand doesn't necessarily guarantee a campaign's success. At the same time, nobody as rich as Michael Bloomberg has ever run for president.
Rep. Ilhan Omar sparked a backlash on Twitter after posting a tweet in reaction to billionaire Leon Cooperman saying he would support Michael Bloomberg for president.
"Ruñningo for presidente por que yo necesito to protecto los rightos del billionairos. No wealtho taxos. Todos el dinero estan mine," the satirical account tweeted on Friday.
The Morning Consult poll also found that the billionaire former New York City mayor would beat Trump by 6 percent.
"One billionaire calls another billionaire and asks him to run for president—I'm shocked!" Warren tweeted.
Michael Bloomberg filed paperwork to enter the 2020 presidential primary on Friday.
The 2020 bid from the former New York mayor could create some headaches for Biden's ability to maintain the support from moderate Democrats that he needs to remain a frontrunner.
The former New York City mayor is reportedly on the verge of entering the Democratic party's race for the presidential nomination.
The former New York mayor is reportedly concerned that none of the current Democrat contenders can beat President Donald Trump in 2020.
Elizabeth Warren welcomed Michael Bloomberg to the 2020 Democratic race for President by inviting him to see how much he would owe under her wealth tax proposal.
The New York billionaire has reportedly begun interviewing staff members in Iowa and New Hampshire.
Outraged responses poured in through social media after the network failed to include women or minorities in a list of potential candidates.
"I think it's clear that the president at this point cannot be helped," Bloomberg said on Friday.
"I will ride the public transport with the townspeople to experience the difficult sections and assess traffic capacity," Mayor Mikhail Isayev insisted.
President Trump's core competency, according to current ally and former campaign manager Corey Lewandowski, is that "he's the richest man ever to serve as president of the United States."
A billionaire GOP megadonor has switched sides, and is now pledging to support the Democratic party.
Private equity titans, including possible future Treasury Secretary Tony James of Blackstone, are promoting a plan that would let the financial industry control hundreds of billions of dollars of retirees' savings.
"Trump says he wants to run the nation like he's running his business? God help us," Michael Bloomberg told the Democratic National Convention.
"Our nation, it is just too great to put it in the hands of a slick-talking, empty-promising, self-promoting, one-man wrecking crew," Kaine said.
The billionaire former mayor of New York City said he is considering running for U.S. president in 2016.
Report that Bloomberg is mulling a bid sent shock waves rippling through the entire presidential field.
Bloomberg would be willing to spend $1 billion of his own money, "The New York Times" report.