His presidential campaign spent more than $17 million, before he dropped out of the race ahead of the Iowa caucuses.
The 2020 presidential election is shaping up to be the most expensive ever, with nearly $2.5 billion shelled out among all the Democratic candidates in the race to be the party’s nominee. While money can’t buy an election, it is a fairly good indicator of who will win a race; big donors like to give money to candidates they think will be successful. Statistically, top-spending candidates usually win — 90 percent of the time in House races since 2000.
Some of the lesser-known candidates spent big, including former Massachusetts Gov. Deval Patrick, whose four-month campaign cost just under $3 million. He was one of the last candidates to enter the Democratic race, in November 2019, and dropped out on Feb. 12 after finishing next to last in the New Hampshire primary.
O’Rourke first gained national recognition during the 2018 midterm elections when he narrowly lost to Texas Sen. Ted Cruz. Massachusetts Sen. Warren fared better, scoring 63 delegates with her progressive, policy-focused campaign. She was one of the biggest spenders in the primary race, shelling out more than $127 million, but dropped out after disappointing results on Super Tuesday, when she failed to win any states, and also backed Biden.
Bernie entered the 2020 race as a frontrunner with a lot of momentum left over from his 2016 presidential run. The democratic socialist was the last man standing against Biden, winning 1,073 delegates. Sanders managed to outspend most of his competitors — more than $200 million, according to his FEC filing in late July.
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