The internet goes wild as Mike Bloomberg drops out of race: 'No more ads on every video and TV show!'

Mike Bloomberg officially ended his Democratic presidential campaign -- and he was mocked on his way out of the race.

The media tycoon and former New York City mayor suspended his campaign and endorsed Joe Biden, after spending hundreds of millions of his own estimated $60 billion fortune -- much of it on nearly ubiquitous television and online ads -- to win a total of 44 delegates.