Former New York City Mayor Michael Bloomberg took aim at a fellow billionaire, calling Republican nominee Donald Trump "a dangerous demagogue" during a speech on the third night of the Democratic National Convention.
Bloomberg, who has been a Democrat, Republican and independent at various times during his political career, made the case for Democratic nominee Hillary Clinton while painting Trump as a reality TV caricature who would bring ruination on the U.S.
“Trump says he wants to run the nation like he’s run his business" Bloomberg said, according to a transcript of his speech. "God help us!”
He added: “I’m a New Yorker, and New Yorkers know a con when we see one.”
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Bloomberg knocked the Republican presidential nominee on the way he manages his companies, poked fun at him for using seed money from his father to build his fortune, and criticized Trump's plan to build a wall along the U.S.-Mexico border.
Bloomberg initially drew some jeers from the crowd, which had already heard addresses from politicians like Sen. Bernie Sanders of Vermont and Sen. Elizabeth Warren of Massachusetts. The two senators -- and other speakers who took to the podium for the first three nights of the convention -- are known for being critical of the country's billionaire and ultra-wealthy class.
But Bloomberg, a media mogul, won the crowd over with a series of zingers and one-liners directed at his fellow New Yorker.
“Truth be told," Bloomberg said, "the richest thing about Donald Trump is his hypocrisy.”
For Bloomberg, who has mulled presidential runs during several cycles, Trump was also a hypothetical political opponent before he decided against running in 2016. He said he decided not to run because his candidacy could help Trump and harm Clinton.
As of July 28, the day after Bloomberg's speech, Trump had not responded to Bloomberg.
"Now, I know Hillary Clinton is not flawless; no candidate is," Bloomberg said. "But she is the right choice -- and the responsible choice -- in this election. No matter what you may think about her politics or her record, Hillary Clinton understands that this is not reality television; this is reality."