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Former New York Mayor Michael Bloomberg says that if he runs for president, he'll pay for it himself, defending candidates who use personal riches to bankroll campaigns.
Bloomberg's comments to reporters in Texas on Friday follow a jab from another top 2020 contender.
Massachusetts - Sen - Elizabeth - Warren - Nomination
Massachusetts Sen. Elizabeth Warren recently decried the Democratic presidential nomination becoming 'one more plaything that billionaires can buy.'
Forbes estimates Bloomberg's current worth at $45.2 billion; it most recently calculated that Donald Trump is worth $1.68 billion.
Bloomberg - Riches - Favor - Interests
But Bloomberg says his riches insulate him from having to curry favor with special interests.
'I ran three times. I used only my own money so I didn't have to ask anybody what they wanted in return for a contribution,' Bloomberg said.
Thing - Campaign - Things
'And, if I ran again, I would do the same thing. I think not having to adjust what you say and what you work on based on who financed your campaign is one of the things that the public really likes.'
He added: 'I understand not everybody can be self-funded but those that can, I think, should.'
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