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Announcer this is the cbs overnight news. Welcome to the overnight news. Im elaine quijano. After weeks of sitting on the fence, former new york city mayor Michael Bloomberg has made it official. Hes running for the democratic nomination for president. Bloomberg is the 11th richest person in the world with a net worth of more than 50 billion. The 77yearold media mogul joins 17 other democrats all hoping to take on President Trump. Here is dev dorsey. Jobs creator, leader, problem solver. Reporter billionaire Michael Bloomberg launched his president ial campaign with this minutelong ad, part of a 34 million media blitz as he looks ens in nempshire and instead to march super tuesday states like virginia and california using his campaign to target another billionaire. Now he is taking on him to rebuild the country and restore faith in the dream that defines us, where the wealthy will pay more in taxes and the middle class get their fair share. Reporter earlier this month President Trump d

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