Bloomberg quits White House race, backs Joe Biden

The billionaire had taken stock after his big-money gamble on Super Tuesday ended in failure.

Bloomberg quits White House race, backs Joe Biden
Wed, 04 Mar, 2020 - 15:33
Press Association

Billionaire Mike Bloomberg has ended his bid for the Democratic presidential nomination on Wednesday and endorsed former US vice president Joe Biden.

It was a stunning collapse for the former New York City mayor, who had his 2020 hopes on the Super Tuesday states and pumped more than 500 million US dollars of his own fortune into the campaign.

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