Billionaire says he could enter as independent candidate
NEW YORK – Billionaire Michael Bloomberg is thinking about entering the 2016 U.S. presidential race as an independent, according to the Financial Times newspaper.
The former New York City mayor was critical of the current crop of presidential candidates from the Democratic and Republican parties.
“I find the level of discourse and discussion distressingly banal and an outrage and an insult to the voters,” Bloomberg said in an interview with the newspaper.
He is “looking at all the options”, Bloomberg said, and “I’m listening to what candidates are saying and what the primary voters appear to be doing.”
According to paper, Bloomberg said he could enter the race by the beginning of March, the expiration date for independent candidates to declare.
Bloomberg has been a member of both major political parties and is estimated to be worth around $40 billion.
If he enters the race, he would be the second candidate in the race to self-sponsor his candidacy after another billionaire, Donald Trump.