Magazine

Hey, Big Spender


History shows that a personal fortune rarely translates into success at the ballot box, with New York's third-term mayor, billionaire Michael Bloomberg (founder of Bloomberg LP), among the notable exceptions

Top Five Self-Funded Candidates

Meg Whitman, R, California governor, 2010

Spent: $141.6 million*

Outcome: Lost

Michael Bloomberg, I, New York City mayor, 2009

Spent: $108.4 million

Outcome: Won

Thomas Golisano, I, New York governor, 2002

Spent: $74.1 million

Outcome: Lost

Rick Scott, R, Florida governor, 2010

Spent: $73.2 million*

Outcome: Won

H. Ross Perot, I, President, 1992

Spent: $63.5

Outcome: Lost

Top Five Spenders in the 2009-10 Election Cycle

Meg Whitman, R, California governor

Spent: $141.6 million*; $ per voter: $46.20

Outcome: Lost

Rick Scott, R, Florida governor

Spent: $73.2 million*; $ per voter: $28.31

Outcome: Won

Linda McMahon, R, Connecticut U.S. Senate

Spent: $46.7 million*; $ per voter: $97.40

Outcome: Lost

Steve Poizner, R, California governor (primary)

Spent: $24.4 million; $ per voter: $52.83

Outcome: Lost

Jeff Greene, D, Florida U.S. Senate (primary)

Spent: $23.8 million; $ per voter: $83.99

Outcome: Lost

* Additional spending reports pending. Per-vote spending based on vote counts as of 3 p.m. on Nov. 3.

Data: Associated Press; Bloomberg; National Institute on Money in State Politics; Center for Responsive Politics


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