How Much For Gracie Mansion?

(2 of 2)

While Goldman Sachs millionaire Jon Corzine made it to the Senate last year, Bloomberg notes that three-quarters of wealthy candidates fail. And New York City has never elected a rich suitor. As Giuliani learned in 1989, the first time a novice runs for mayor, he loses. Still, the billionaire says he would rue not running more than he would a loss. "If you believe you can make a difference, you will regret it the rest of your life if you don't give it a shot," he says. Five months of campaigning may make him rethink that. But the race just got interesting.