Michael Bloomberg is reportedly planning to run for president. Here's how the 8th-richest person in the US and former NYC mayor makes and spends his $52 billion fortune.

6:56am PST - November 11th, 2019    lakers - Business Insider

REUTERS/Brian Snyder Former New York City mayor Michael Bloomberg has a net worth of $52.4 billion, according to Forbes. On November 7, The New York Times reported that Bloomberg is making a late entrance into the 2020 Democratic primary field. The billionair…