Democratic presidential candidateBillionaire Bloomberg suspends campaign, endorses Biden: statement

RTL Today
US media tycoon Michael Bloomberg said Wednesday he was quitting the Democratic primary race and instead endorsing frontrunner Joe Biden for the White House after being snubbed by voters on Super Tuesday.
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“Three months ago, I entered the race for president to defeat Donald Trump. Today, I am leaving the race for the same reason: to defeat Donald Trump - because it is clear to me that staying in would make achieving that goal more difficult,” he said in a statement.

The billionaire former mayor of New York spent hundreds of millions of dollars on his presidential run, but failed to win any of the 14 states on offer on Super Tuesday -- the most important day in the Democratic primary season.

The media mogul has previously served as mayor of New York City, and is one of the richest men in the world. His campaign also drew fierce criticism from fellow Democratic candidates, who zeroed in on his wealth, self-funding his campaign, the controversial ‘stop-and-frisk’ policy instituted during his time as mayor of NYC, as well as his history of making derogatory comments about minorities and women.

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