Bloomberg has already spent $120 million on ads in presidential race

Former New York City Mayor Michael Bloomberg has reportedly spent about $120 million in digital and television ads since joining the presidential race last month. 

The billionaire candidate is targeting large Super Tuesday states such as California and Texas, spending more than $13 million in each of those states, Politico reported Wednesday. Bloomberg has also spent that much in Florida, which votes a week after Super Tuesday, according to the news outlet. 

Before he entered the race in late November, an aide to Bloomberg said the philanthropist would be willing to spend “whatever it takes” to beat President Trump. 

Politico reported that Bloomberg has already outspent all of his competitors. Billionaire Tom Steyer has reportedly spent $83 million in ad buys, the second most, followed by South Bend, Ind., Mayor Pete Buttigieg, who has reportedly spent $19 million. 

Steyer, unlike Bloomberg, has focused on the early voting states of Iowa, New Hampshire, South Carolina and Nevada, according to Politico. 

The candidates are part of a crowded field that is vying for the 2020 Democratic nomination. Bloomberg is polling at about 5 percent nationally and Steyer is polling at about 1.5 percent, according to aggregation site RealClearPolitics.