Mike Bloomberg gives $20 million to help Biden beat Trump

“I stood with Joe Biden in 2020, and I am proud to do so again,” Bloomberg said. Former New York mayor Mike Bloomberg, the billionaire entrepreneur and former Democratic presidential candidate, has given nearly $20 million to help President Biden’s reelection effort, according to people familiar with the donations. The transfer of funds includes a $19 million check to FF PAC, a independent pro-Biden group also known as Future Forward, and a max-out donation of $929,600 to the Biden Victory Fund, an amalgamation of Biden campaign and Democratic Party committees.