Michael Bloomberg says Democrats have ‘more than enough time’ to choose new nominee

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Former New York City Mayor Michael Bloomberg, whose net worth is over $104 billion per Forbes, is urging Democrats to take their time in selecting a new presidential nominee in the wake of President Biden’s decision to drop out of the 2024 election.

Bloomberg, a businessman and former Republican who entered the 2020 Democratic presidential primary, released a statement Monday telling Democratic Party leaders there’s still enough time for them to take stock of the views of voters around the country about the best candidate to lead the party after Biden’s withdrawal.

“Democrats now have a chance for a fresh new start, and while some elected leaders and party officials make their endorsements, there are still more than four…

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