Bloomberg moves past presidential defeat with virus crusade

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Nearly two months after an embarrassing end to his presidential campaign, Mike Bloomberg is again deploying his massive personal fortune – this time to combat the coronavirus. The billionaire former New York City mayor is spending tens of millions of dollars to bolster social services, feed first responders

NEW YORK — Nearly two months after an embarrassing end to his presidential campaign, Mike Bloomberg is again deploying his massive personal fortune – this time to combat the coronavirus.

The effort, which requires a massive data operation and significant budget, was seen as a natural fit, according to two people close to the former mayor who spoke on condition of anonymity to discuss his thinking. While Bloomberg's allies say their fields of influence may overlap because of the coronavirus response, they note the two haven’t spoken since the weeks following Trump’s November 2016 victory.

A Bloomberg aide also said he’s had personal conversations with a number of European leaders in recent weeks about the coronavirus response, and the firm is planning to roll out a new global initiative soon that is partly the result of those talks.

 

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