From the Los Angeles Times:

“With a net worth estimated at $54 billion, he can easily burn through multiple times the $1.6 billion that Donald Trump, Hillary Clinton and their allies spent in total during the 2016 presidential campaign. Since he announced his candidacy on Nov. 24, Bloomberg has spent more than $60 million advertising on TV, cable and social media, according to [AdImpact], an ad tracking firm.”

Read the full article here.