Former New York Mayor Michael Bloomberg is running for the Democratic Party in the US presidential election.
Experts note that his investment, which is a priority for Democrats, will boost his political influence.
The 77-year-old politician, one of the richest people in the world, was previously a supporter of the Republican Party.
Bloomberg thinks he will defeat Trump.
Democratic Party primaries in the US will begin in 10 weeks, with the party’s presidential candidate will be announced in the summer.
Presidential elections in the United States will be held on November 3, 2020.