Former New York City Mayor Mike Bloomberg is leaving the Democratic race for president.
Bloomberg said in a statement that his priority in this campaign was to defeat President Trump.
He said he's happy to support former Vice President Joe Biden.
Bloomberg spent about a half billion dollars of his personal fortune in his campaign.
Three months ago, I entered the race to defeat Donald Trump. Today, I'm leaving for the same reason. Defeating Trump starts with uniting behind the candidate with the best shot to do it. It's clear that is my friend and a great American, @JoeBiden. pic.twitter.com/cNJDIQHS75
— Mike Bloomberg (@MikeBloomberg) March 4, 2020