Mr. Bloomberg, who is 82 years old and has an estimated net worth of $105 billion, is the second largest disclosed individual donor to Democrats in this election cycle, after the investor and philanthropist George Soros. But publicly, Democrats observed that Mr. Bloomberg was donating nowhere close to what he had spent during the presidency of Donald J. Trump.

The $47 million he had given in federally disclosed political contributions during this election cycle, before his new nonprofit donation, was less than half of the $95 million he disclosed to help Democrats retake Congress in the 2018 midterms.

Look at this "journalism"...

When Mr. Bloomberg ran for president in 2020, he spent $1.1 billion in a real-world experiment on whether enormous money could buy votes. It couldn’t. He got creamed in the Democratic primaries.

A creepy, unelectable billionaire spent a zillion dollars and lost is proof of nothing. And to say in general that money doesn't influence elections is insane.