Elizabeth Warren overtook Joe Biden in one nationwide poll and a rich gent is already in an panic: Michael Bloomberg (~$50bn net worth), who now makes clear his intention to run if Biden flags out and the left-leaning Warren seems likely to prevail.
Mike Bloomberg has indicated to associates in recent weeks that Joe Biden’s recent struggles are making him rethink his decision to stay out of the 2020 Democratic primary, according to people familiar with the discussions
“Bloomberg is in if Biden is out,” says one source. Biden has not indicated any desire to drop out any time soon.
Bloomberg could be in for a showdown with Elizabeth Warren, whether he runs or not, as he has been one of her biggest critics on the Democratic side.
Centrists, especially rich ones, are said to fear even a whiff of leftism more than the most appalling excesses of the far-right, and discusson of Bloomberg's already headed thataway. But Bloomberg doesn't have political affiliations, just vehicles. He served three terms as New York's mayor as a Republican and finally as an Independent, and his interest in the Democratic primary is simply because it's the cheapest ticket.