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Mike Bloomberg drops out of presidential race, endorses Joe Biden
8 min ago
Bloomberg's exit means he won't have to disclose his personal fortune
From CNN's Fredreka Schouten
Michael Bloomberg’s decision today to drop out of the race also means the former New York mayor won’t have to make public details about his vast media and financial-data fortune.
The former New York City mayor was due to file his first personal financial disclosure report with federal election regulators on March 20, after seeking and receiving two extensions on the filing deadline.
Now that he’s dropped out, the requirement for public disclosure also goes away.
Forbes pegs at Bloomberg’s net worth at $60 billion.
8 min ago
Bloomberg's exit means he won't have to disclose his personal fortune
From CNN's Fredreka Schouten
Michael Bloomberg’s decision today to drop out of the race also means the former New York mayor won’t have to make public details about his vast media and financial-data fortune.
The former New York City mayor was due to file his first personal financial disclosure report with federal election regulators on March 20, after seeking and receiving two extensions on the filing deadline.
Now that he’s dropped out, the requirement for public disclosure also goes away.
Forbes pegs at Bloomberg’s net worth at $60 billion.