Ackman said Bloomberg would make a great candidate because, like Trump, he is a straight-talking successful businessman. And while Ackman said people shouldn’t be voting based on billions, if they are, Bloomberg is the clear winner. Forbes estimates Bloomberg’s net worth at $38.8 billion, or nearly 4 times what Trump says he’s worth, and nearly 10 times what Forbes says Trump is worth.Ackman joked that the cost of running for president is roughly equivalent to the profits Bloomberg’s media company creates in a quarter. Ackman made the comments while speaking at a Bloomberg-sponsored conference held in Bloomberg’s media headquarters in New York. Nonetheless, despite the setting, Ackman said his support for Bloomberg was totally genuine.
What’s more, unlike Trump, Bloomberg has actually held public office before, serving three terms as mayor of New York City.
“Bloomberg has all the qualities that people like about Trump but none of the qualities they don’t,” said Ackman. “If Bloomberg enters the race, I would do everything I can to help him get elected. But he doesn’t need money.”
