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LISTEN TO ARTICLE 1:56 SHARE THIS ARTICLE Share Tweet Post EmailEntrepreneur Andrew Yang is ending the presidential campaign he built on the promise of a universal basic income of $1,000 a month for every American over the age of 18.

Yang made the announcement in an interview with Washington Post reporters in New Hampshire on Tuesday.

Despite being virtually unknown nationally before his announcement, Yang polled at almost 5% nationally.

“First, I’d say I’m sorry I beat your guy,” he quipped, adding, “Or not sorry.”(Disclaimer: Michael Bloomberg is seeking the Democratic presidential nomination.

He is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.)

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