After Rep. Anthony Weiner revealed his hesitance about running for mayor this fall, reporters asked Mayor Bloomberg if his wealth was intimidating to other potential candidates. The mayor, the 17th richest man in the world, is reportedly spending $80 million (or 0.5% of his wealth) on his campaign. Politicker NY, which has video of the extended answer, reports that Bloomberg said, "There’s no evidence to me that there are fewer candidates running... We don’t preclude you from running because you got a better education than I did or are better looking or more photogenic.” Related: The NY Times' Clyde Haberman explains Bloomberg's "we love rich people" remark by way of the Mayor's budget data that "show... people earning $500,000 or more a year make up 1 percent of New York taxpayers but account for nearly 50 percent of the income taxes that the city collects."