Mayor-Elect Bloomberg Is City’s $69-Million Man

Republican billionaire Michael Bloomberg spent $69 million of his own money in his successful bid to become New York City’s mayor, shattering the record for the most expensive mayoral campaign in U.S. history.

Bloomberg, founder of the financial news company that bears his name, did not seek private contributions or matching public funds.

The spending levels were disclosed in campaign finance documents that Bloomberg filed.

The old spending record for a campaign in New York state--and for any U.S. Senate race in the nation--was set last year when Democrat Hillary Rodham Clinton and Republican Rick Lazio spent a combined $69.3 million in a contest that Clinton won to be the state’s junior senator in Washington.