Is it possible to buy a US presidency? Americans will soon find out thanks to the billionaire former mayor of New York City, Michael Bloomberg, analysts say. Unprecedented is the only way to describe Bloomberg's bid for the Democratic presidential nomination. By late February, he had spent more than $500m of his personal fortune, estimated to be more than $60bn, on television and digital advertising hyping himself as the only candidate who can beat President Donald Trump in the November general election.
