'I'm spending all my money to get rid of Trump': Michael Bloomberg

Democratic US presidential candidate Michael Bloomberg delivers remarks where he was honored by the Iron Hills Civic Association at the Richmond County Country Club in Staten Island, New York, US. [Reuters]

U.S. presidential candidate Michael Bloomberg told Reuters he is ready to spend much of his vast fortune to oust Republican President Donald Trump from the White House in 2020, rejecting criticism from rivals for the Democratic nomination that the billionaire is trying to buy the U.S. election.

Ranked by Forbes as the eighth-richest American, Bloomberg has flooded U.S. airwaves and social media feeds with messages that he stands the best chance to beat Trump, spending more on campaign ads since he launched his campaign in November than his main Democratic rivals have over the last year.