Shayanne Gal/Business Insider
Mike Bloomberg spent roughly a quarter of a billion dollars on advertising in Super Tuesday states alone, but that has not translated into big wins for the former New York City mayor.
Bloomberg had disastrous results in states with early returns like Virginia and North Carolina, two states with a huge chunk of delegates up for grabs (Virginia 99; North Carolina 110). Collectively, the two states make up about 5% of pledged delegates sent to the Democratic National Convention.
Former Vice President Joe Biden was estimated to win in Virginia with 55.02% of the vote, with over half of counties reporting, according to Decision Desk HQ (DDHQ). But Bloomberg won less than 10% of the vote, meaning he'll get no statewide delegates (a candidate must win at least 15% of the vote to earn statewide delegates).
Meanwhile, Sen. Bernie Sanders won in Vermont with 51.73% of the vote with 10.18% of precincts reporting, with Bloomberg failing to cross the 15% threshold in that state as well.
Biden was also the projected winner of the North Carolina and Alabama primaries, according to DDHQ. With about 1% of precincts reporting, Bloomberg was at 19% in North Carolina, but still in third behind Biden and Sanders. For the amount of money Bloomberg has spent, this would still be a poor result.
He did win in American Samoa, but only six delegates were up for grabs in the US territory.
Bloomberg has spent over half a billion dollars on advertising in the 2020 race, tapping into his roughly $55 billion fortune in the hopes of propelling himself to the 2020 Democratic nomination. Of that $500 million, roughly half was spent on states and territories voting on Super Tuesday.
This article will continue to be updated.