Billionaire Michael Bloomberg spent about $108 million of his own money to stay on as Mayor of New York last year.
But believe it or not, he does not hold the record for money spent on a campaign. As of yesterday, the Queen of All Campaign Spending is Republican gubernatorial candidate Meg Whitman, who became the biggest ever U.S. campaign self-spender with a total contribution to $119,075,806.11 to date.
Despite the record spending, Whitman, the billionaire former CEO of online auction firm eBay, is still locked in a close race with her Democratic rival, former governor (and current state Attorney General) Jerry Brown, who only began running paid advertising last week. His campaign has raised about $35 million so far, virtually all of it from outside sources.
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