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    Billionaire Michael Bloomberg could face a steep climb in the 2020 presidential race

    by Michael Finnegan, Los Angeles Times Nov 09, 2019 4 minutes

    Michael R. Bloomberg is flirting once again with a run for president, but all signs point to a steep challenge for the billionaire and former New York City mayor if he makes a late entry into the race for the Democratic nomination.

    At a time when some Democrats are yearning for a new generation of leaders, Bloomberg, 77, would be among the oldest contenders, wedged between Vermont Sen. Bernie Sanders, 78, and former Vice President Joe Biden, 76.

    Bloomberg is a former Wall Street investment banker who would be joining the race when a top concern for many Democrats is growing wealth and income inequality.

    His 12-year mayoral record could also make him unpopular among some of the party's

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