The more indirect way is that if Bloomberg enters the race, he'll inevitably run against the radical turn in the Democratic Party.
Visit Business Insider's homepage for more stories. Billionaire investor and founder of Omega Partners Leon Cooperman told CNBC on Friday that he would back the former NYC mayor now that he is in the race. Warren, who steadily rose in polls over the summer to now hold a comfortable place among the top three candidates - ranking alongside former Vice President Joe Biden and Vermont Sen.
Democratic presidential candidate Andrew Yang thinks Michael Bloomberg's late entrance into the fight for the Democratic nomination will create challenges for the former New York City mayor, as he has missed several months of meeting people and participating in rallies.
"If you're looking for policy plans that will make a huge difference for working people and which are very popular, start here", the MA senator wrote in the tweet, linking her billionaire calculator, which she created seemingly as a jab to critics of the tax like Bill Gates and Leon Cooperman.
Amazon founder Jeff Bezos, who is now the wealthiest person in the world with an estimated net worth of more than $110 billion, is interested in purchasing an National Football League team, according to Jason La Canfora of CBS Sports.
Bezos is not the only billionaire who has expressed interest in a Bloomberg campaign. "They're scared that under a Warren presidency, they would no longer have a government that caters to their every need".
Sanders' response to Bloomberg's run also came with a dig, but the Vermont senator didn't directly tag the former NY mayor in the tweet. La Canfora notes that he has spent "considerable time" with Redskins owner Daniel Snyder, who has been trying to build a new facility for the team in DC to replace FedEx Field.
Sanders stated on his website that his tax plan would apply to "the wealthiest 180,000 households in America", in which an 8 percent tax will be imposed on wealth over $10 billion, lowering incrementally to a 1 percent tax on wealth equalling $32 million for a married couple. He had said in March that he wasn't interested in a presidential campaign and instead would redirect his efforts "to help fund Democratic candidates in down-ballot races and give money to causes combatting climate change", Insider's Grace Panetta reported.