Bloomberg’s Friends Want Him to Run for President

Sure, why not?

Rupert Murdoch isn’t the only person who wants to see Michael Bloomberg run for president in 2016. According to The New York Times, some of Bloomberg’s pals are pushing the issue. The reason? If Donald Trump can do it, basically anyone can.

“People thought a billionaire couldn’t run for president,” hedge fund manager Bill Ackman told the Times. “Trump disabused everyone of that notion.” Ackman, it should be noted, is a billionaire himself.

The Times claimed that in addition to Ackman, “Bank chief executives, private equity bosses and hedge fund managers” have asked Bloomberg to run.

The big sticking point here is that Bloomberg doesn’t want to run for president. He’s said many times that—because of his stances on gun control and his immense wealth—he would never be able to win the Republican or Democratic primary. And as everyone knows, running as an independent is the same as not running, so Bloomberg remains uninterested.

Publish date: October 20, 2015 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT