He is finished. Never should have blown $400 million
He has an estimated net-worth of 60 billion.
If the median American family spent the equivalent sum, based on their net-worth of $97,300 in an attempt to buy the presidency they would be spending $648. Bloomberg is attempting to buy the presidency of The United States for the price of a budget flat screen TV at Best Buy.
...and even that is a poor analogy since that family would actually notice that missing $648, whereas Bloomberg could literally spend $59 billlion on the election and it wouldn't change his life one iota.