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Campaign Spending
(MONEY Magazine) – At $92.60 per vote, New York City mayor Mike Bloomberg is hardly the top bidder in the recent annals of self-financed political races. And, hey, when you figure the $69 million that he spent is merely 2% of his net worth, we're really just talking pocket change anyway. --MAYA JACKSON Ross Perot U.S. President/1992 Data processing 2% of net worth $4.05 per vote [Loser] Michael Huffington California senator/1994 Oil 38% of net worth $9.71 per vote [Loser] Jon Corzine New Jersey senator/2000 Investment banking 20% of net worth $40.83 per vote [Winner] Michael Bloomberg New York City mayor/2001 Business news 2% of net worth $92.60 per vote [Winner] Steve Forbes U.S. President/2000 Publishing 9% of net worth $217.62 per vote [Loser] Ronald Lauder New York City mayor/1989 Beauty products 6% of net worth $525 per vote [Loser] Notes: Per-vote spending adjusted for inflation. Net worth based on published estimates. Sources: Federal Election Commission, Center for Responsive Politics, New York City Board of Elections, A.P. reports, Forbes, Los Angeles Times, New York Daily News, New York Times, Newsday. |
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