The two billionaires in the
Democratic race for president are flooding the airwaves but polls have yet to show a benefit
![Bloomberg and Steyer $200m spend on TV ads – but will it pay off?](https://i.guim.co.uk/img/media/8dcf8c5254dd69935f824ab473659db1f168c8f3/0_134_4000_2400/master/4000.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=92a9b564897f6c91e228f92d9e35bc30)
Low-polling billionaire presidential candidates Mike Bloomberg and Tom Steyer have spent a collective $200m on political advertising in the 2020
election race – with the first state votes for the Democratic nomination still six weeks away.
Of the two, financial data mogul Bloomberg is firmly ahead, with the former
New York mayor spending a record $120m since he formally joined the contest.