[266][267], In 2016, Bloomberg gave Harvard $32million to create the Bloomberg Harvard City Leadership Initiative within Harvard Kennedy School's Ash Center for Democratic Governance and Innovation; the initiative provides training to mayors and their aides on innovative municipal leadership and challenges facing cities. [44][45][40], When he left the position of CEO to pursue a political career as the mayor of New York City, Bloomberg was replaced by Lex Fenwick[46][47] and later by Daniel L. Doctoroff, after his initial service as deputy mayor under Bloomberg. [103], After the release of Independence Party campaign filings in January 2010, it was reported that Bloomberg had made two $600,000 contributions from his personal account to the Independence Party on October 30 and November 2, 2009. Bloomberg suspended his campaign on March 4, 2020, after a disappointing Super Tuesday in which he won only American Samoa, and subsequently endorsed Biden. He added, "I want to make sure that person is ready to succeed, to take what we've done and build on that. Walter left his fortune to his sons, Geoffrey and Jonathan, who instantly became. [213], In 2013, Bloomberg and Bloomberg Philanthropies launched the Risky Business initiative with former Treasury Secretary Hank Paulson and hedge-fund billionaire Tom Steyer. 2021. [191], Bloomberg gave $254million in 2009 to almost 1,400 nonprofit organizations,[192] saying, "I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker."[193][194]. [17], The family lived in Allston until Bloomberg was two years old, followed by Brookline, Massachusetts, for two years, finally settling in the Boston suburb of Medford, Massachusetts, where he lived until after he graduated from college. As of April 2023, the estimated net worth of the businessman, politician, author and a philanthropist Michael Bloomberg is $55 billion. Bloomberg's net worth is $94.5 billion, according to Stacker's list, which is based on data from Forbes.Bloomberg made his money as founder of Bloomberg LP, a financial and business news company. "So should the City Council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term. He gives back with a $50 million gift", "Bloomberg Philanthropies Gives $100 Million to Cornell Tech", "Bloomberg Endows Professorship for Five Faculties", "Mayor's Innovation Delivery Team to funnel grant for inner-city revival", "SeatGeek and Bloomberg to support 30 treasured arts groups in NYC", "Private Citizen Bloomberg on Philanthropy", "Bloomberg Philanthropies Launches $9 Million Mayors Challenge in Latin America, Caribbean", "Bloomberg gives Harvard $32 million to teach mayors and aides", "About the Initiative: Harvard + Bloomberg + 240 Cities", "Bloomberg Philanthropies and Harvard University Launch Bloomberg Harvard City Leadership Initiative", "$32 million Bloomberg-Harvard 'mayor school' supports leaders' changing role", "Bloomberg Philanthropies & Harvard create new Bloomberg Center for Cities", "Bloomberg charity adds $220 million to anti-smoking effort", "Michael Bloomberg may be Big Tobacco's biggest enemy". [55] Currently, Bloomberg's net worth is estimated at $59billion, ranking him 20th on Forbes' list of billionaires. In the immediate aftermath of Hurricane Sandy in November 2012, Bloomberg penned an op-ed officially endorsing Barack Obama for president, citing Obama's policies on climate change. COVID-19 research", "Bloomberg, Gates foundations announce initiatives to help coronavirus response", "Cuomo, Bloomberg detail plan to trace Covid-19 contacts", "Bloomberg launches coronavirus response network for mayors", "New Grant Commitments for Covid-19 Relief", "Bloomberg Philanthropies unveils $40M global initiative for COVID-19 response", "N.Y. Mayor Bloomberg gives $50 million to fight coal-fired power plants", "Mayor Bloomberg Donates $50 Million To Sierra Club", "Europe is getting off coal even faster than expected", "Austria's last coal-fired power station closes as the country pushes renewables", "Bloomberg to put $500M into closing all remaining coal plants by 2030", "Bloomberg Pledges $500 Million to Coordinated Campaign to Combat Climate Change", "Bloomberg Backs Fracking, With Rules to Protect the Environment", "States Get $48M Boost From Bloomberg Charity To Help Meet Obama Climate Change Agenda", "Bloomberg and Bill Clinton to Merge Climate Groups", "Interview: Michael Bloomberg, Outgoing Chair and Current President C40 Cities", "Bloomberg Philanthropies Commits $53 Million to Save the Oceans", "Ray Dalio and Michael Bloomberg Commit $185 Million To Protect The Oceans", "U.N. appoints former NYC Mayor Bloomberg cities, climate change envoy", "U.N. climate summit is high-profile, but some of world's most important leaders will skip it", "Secretary-General Appoints Michael R. Bloomberg of United States Special Envoy for Climate Action", "Mike Bloomberg to lead UN's climate change initiative", "Bloomberg, now Democratic candidate, resigns UN climate post", "U.N. chief names Michael Bloomberg climate envoy to rally action", "Compact of Mayors and EU Covenant of Mayors launch largest global coalition of cities committed to fighting climate change", "7,100 Cities From 119 Countries Join Together in Historic Collaboration to Accelerate Climate Action", "Local-governments day announced for Paris climate summit", "Mayors call for more powers to fight climate change", "COP21 in Paris, mayors and celebrities join UN launch of report on boosting investment towards climate smart cities", "Extending local-level climate action beyond '30-ring circus' of COP 21", "With Paris City Hall Declaration, world mayors throw down gauntlet on climate", "Michael Bloomberg to head global taskforce on climate change", "Bloomberg delivers U.S. pledge to continue Paris climate goals to U.N.", "Bloomberg Promises $15 Million To Help Make Up For U.S. Withdrawal From Climate Deal", "Bucking Trump, These Cities, States and Companies Commit to Paris Accord", "Michael Bloomberg and California Governor Jerry Brown Pledge To Fight Climate Change", "The governor of California and Michael Bloomberg launched a new plan to fight climate change with or without Trump", "U.S. Cities, States and Businesses Pledge to Measure Emissions", "Michael Bloomberg Announces Midwestern Collegiate Climate Summit", "Wash U Becomes Hub Of Midwest Summit To Fight Climate Change", "Michael Bloomberg announces St. Louis climate conference", "Bloomberg gives Johns Hopkins a record $1.8 billion for student financial aid", "$1.1 Billion in Thanks From Bloomberg to Johns Hopkins", "Michael R. Bloomberg Commits $350 Million to Johns Hopkins for Transformational Academic Initiative 2013", "Michael Bloomberg Gives $300 Million to Johns Hopkins for Public-Health Effort", "Bloomberg and Kimmel Help Launch Johns Hopkins Cancer Center With Major Donations", "Mike Bloomberg and others donate $125 million for breakthrough cancer research", "Bloomberg, others give $125 million for immunotherapy cancer research", "Johns Hopkins launches cancer research center with $125 million from Bloomberg, Kimmel, others", "Effort launches to boost low-income enrollment at top colleges", "What's the Biggest Challenge for Colleges and Universities? Called the Discover New York Arts Project, the project includes organizations HERE, New York Theatre Workshop, and the Kaufman Center. [148] He spent $676million of his personal fortune on the primary campaign, breaking a record for the most money ever spent on a presidential primary campaign. [345][346] Bloomberg has written a number of op-eds in The New York Times about various issues, including an op-ed supporting state and local efforts to fight climate change (2017),[347] an op-ed about his donation of $1.8billion in financial aid for college students and support for need-blind admission policies (2018);[348] an op-ed supporting a ban on flavored e-cigarettes (2019);[349] and an op-ed supporting policies to reduce economic inequality (2020).[350]. [251] In 2018, Bloomberg contributed a further gift of $1.8billion to Johns Hopkins, allowing the university to practice need-blind admission and meet the full financial need of admitted students. [22] He went on to attend Johns Hopkins University, where he joined the fraternity Phi Kappa Psi. [312] He owns six airplanes: three Dassault Falcon 900s, a Beechcraft B300, a Pilatus PC-24, and a Cessna 182 Skylane. [96], Some people and organizations objected and NYPIRG filed a complaint with the City Conflict of Interest Board. [141], Bloomberg self-funded his campaign from his personal fortune, and did not accept campaign contributions. 1 9 26 Show this thread *Walter Bloomberg [57] He won re-election in 2005 and again in 2009. He endorsed Barack Obama's re-election in 2012, endorsed Hillary Clinton in the 2016 election, and spoke at the 2016 Democratic National Convention. The Bloomberg Billionaires Index is a daily ranking of the world's richest people. [69] This went into effect in July 2008 and has since been adopted in many other cities and countries. [49][50][51] Bloomberg resigned as CEO of Bloomberg L.P. to run for president in 2019. [48] After completing his final term as the mayor of New York City, Bloomberg spent his first eight months out of office as a full-time philanthropist. "[263], In July 2011, Bloomberg launched a $24million initiative to fund "Innovation Delivery Teams" in five cities. 7 subway line extension he championed", "Airspace Above Hudson a Highway With Few Signs", "Politico Playbook PM: Exodus at the Pentagon", "In His Helicopter, Bloomberg Can Rule Skies, and Even Get to Albany", "New York City's Mayor is a Geek at Heart", "Commencement Address: New York City Mayor Michael Bloomberg", "Bloomberg, Wilson receive honorary degrees", "Mayor Michael Bloomberg's Commencement Remarks", "Michael R. Bloomberg, Commencement Speaker", "Williams College Announces its 2014 Honorary Degree Recipients", "Commencement speaker Bloomberg calls out intolerance, demagoguery", "Michael R. Bloomberg, Founder of Bloomberg L.P., Philanthropist and Three-Term Mayor of New York City, to Deliver Villanova University's 2017 Commencement Address | Villanova University", "Seven to receive honorary degrees at Washington University's 158th Commencement", "Bloomberg urges seniors to follow a path of service", "Mayor Michael R. Bloomberg Delivers Remarks At The Johns Hopkins University 2010 Commencement Ceremony", "Senior class president Pavan Patel said the Class of 2020 is "ready to make its mark", "Yale School of Management Honors Michael R. Bloomberg for Distinguished Leadership in Global Capital Markets", "Golden Plate Awardees of the American Academy of Achievement", "2004 Summit Highlights Photo: Former Prime Minister of Israel Ehud Barak presents the American Academy of Achievement's Golden Plate Award to Michael R. Bloomberg, Founder and CEO of Bloomberg L.P. during a ceremony held at Chicago's Field Museum", "Top Policy Groups Take Action to Create Healthy Communities, Prevent Childhood Obesity", "Past Award Recipients: Our National Winners", "Bloomberg Is First to Receive a $1 Million Jewish Award", "Bloomberg to give away $1m. [229][230], In 2015, Bloomberg and Paris mayor Anne Hidalgo created the Climate Summit for Local Leaders. Genesis Prize to fund big ideas based on Jewish values", "Bloomberg Is Honored (But Don't Call Him Sir)". "[274] Bloomberg Philanthropies and the Campaign for Tobacco-Free Kids jointly launched a $160 million, three-year campaign against youth use of electronic cigarettes (vaping). [7][8] The Bloomberg Center at the Harvard Business School was named in William Henry's honor. [25] In 1966, he graduated from Harvard Business School with a Master of Business Administration (MBA) degree. [38], In 1986, the company renamed itself Bloomberg L.P.[32] Over the years, ancillary products including Bloomberg News, Bloomberg Radio, Bloomberg Message, and Bloomberg Tradebook were launched. [244][245][246], As of 2019, Bloomberg has given more than $3.3billion to Johns Hopkins University, his alma mater,[247] making him "the most generous living donor to any education institution in the United States. However, On September 20, 2006, Walter filed for a divorce and after almost two years in 2008, the trial court in Ohio issued its judgment on the divorce that ordered Walter and Liu to share a parenting plan. [219] In 2018, Bloomberg joined Ray Dalio in announcing a commitment of $185million towards protecting the oceans. [110][111] On his radio show, he stated, "I don't want to do anything that complicates it for the next mayor. Mark Zuckerberg. [315], Bloomberg has received honorary degrees from Tufts University (2007),[316] Bard College (2007),[317] Rockefeller University (2007),[318] the University of Pennsylvania (2008),[319] Fordham University (2009),[320][321] Williams College (2014),[322][323] Harvard University (2014),[324] the University of Michigan (2016),[325] Villanova University (2017) [326] and Washington University in St. Louis (2019). Language links are at the top of the page across from the title. [217] He serves as the president of the board of C40 Cities. Net Worth. [122][123], On January 23, 2016, it was reported that Bloomberg was again considering a presidential run, as an independent candidate in the 2016 election, if Bernie Sanders got the Democratic party nomination. Since then, he has given away $9.5billion overall including $3.3billion in 2019. [36], The culture of the company in the 1980s and 1990s has been compared to a fraternity, with employees bragging in the company's office about their sexual exploits. Benjamin has earned a good amount from his medical career but due to his secretive nature, the exact figure is still a mystery. The program was later expanded to competitions in Latin America and Europe. The teams are one of Bloomberg Philanthropies' key goals: advancing government innovation. [236], Following President Donald Trump's announcement that the U.S. government would withdraw from the Paris climate accord, Bloomberg outlined a coalition of cities, states, universities and businesses that had come together to honor America's commitment under the agreement through 'America's Pledge'. [222] In 2018, Ban's successor Antnio Guterres appointed Bloomberg as UN envoy for climate action. [30][31], In 1973, Bloomberg became a general partner at Salomon Brothers, a large Wall Street investment bank, where he headed equity trading and, later, systems development. [247], Through Bloomberg Philanthropies, Bloomberg established the American Talent Initiative in 2016 which is committed to increasing the number of lower-income high-achieving students attending elite colleges. Who Are Brazil's Top Billionaires? [4] List of wealthiest Canadians (Bloomberg, 22 May 2022) [4] [note 2] World rank. Bloomberg received 75 percent of the vote in Staten Island. [52] Bloomberg moved from 142nd to 17th in the Forbes list of the world's billionaires in only two years. [249] In 2016, Bloomberg Philanthropies contributed $300million to establish the Bloomberg American Health Initiative. This Bloomberg Businessweek ranking ascribes all people in the world a "wealth number" from -2 to 11 based on their net worth. I and others have been posting his tweets for at least a couple of years now. [237] Bloomberg offered up to $15million to the UNFCCC, the UN body that assists countries with climate change efforts. 113. When it comes to Americans' actual net worth, 31% say their net worth is $0 or in the negative, meaning their total amount of liabilities meets or exceeds their assets. [115][116], On January 1, 2014, de Blasio became New York City's new mayor, succeeding Bloomberg.[117]. [174][175], During and after[176] his tenure, he was a staunch supporter of stop-and-frisk. [43], During his term as mayor, he lived at his own home on the Upper East Side of Manhattan instead of Gracie Mansion, the official mayoral residence. . In addition to running on the Republican line, Bloomberg ran on the ticket of the controversial Independence Party, in which "Social Therapy" leaders Fred Newman and Lenora Fulani exerted strong influence. Michael Bloomberg. [83] He spent almost $78million on his campaign, exceeding the record of $74million he spent on the previous election. [140] However, due to his dissatisfaction with the Democratic field, Bloomberg reconsidered. [77], In a January 2014 Quinnipiac poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success".[78]. [311], Bloomberg is a private pilot. [343][344] Bloomberg and former Sierra Club Executive Director Carl Pope co-authored Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet (2017), published by St. Martin's Press; the book appeared on the New York Times hardcover nonfiction best-seller list. Brazilian Billionaires: Richest People In Brazil, 2019 Joseph Safra: $23.8 billion Jorge Paulo Lemann: $22.3 billion [172][173] Bloomberg has sometimes embraced the use of surveillance in efforts to deter crime and protect against terrorism. [72] The policy was challenged in U.S. Federal Court, which ruled that the city's implementation of the policy violated citizens' rights under the Fourth Amendment of the Constitution and encouraged racial profiling. [64], As mayor, Bloomberg turned the city's $6billion budget deficit into a $3billion surplus, largely by raising property taxes. [223][224] He resigned in November 2019, in the run-up to his presidential campaign. [58] As mayor, he initially struggled with approval ratings as low as 24 percent;[59] however, he subsequently developed and maintained high approval ratings. [85] Instead, Ognibene ran on only the Conservative Party ticket. Bloomberg's Millions Funded an Effective Campaign Against Vaping. In 2011, Bloomberg launched the NYC Young Men's Initiative, a $127million initiative to support programs and policies designed to address disparities between young Black and Latino men and their peers, and personally donated $30million to the project. Walter Oil & Gas Corporation operates as an oil and gas company. The company said Friday that its net income was $11.4 billion in the first quarter, handily beating Wall Street estimates. [143], As a late entrant to the race, Bloomberg skipped the first four state primaries and caucuses. [9][10] Bloomberg's family is Jewish,[11] and he is a member of the Temple Emanu-El in Manhattan. [177][178][176] He advocates reversing many of the Trump tax cuts. [305] Bloomberg and his daughters own houses in Bermuda and stay there frequently. Bloomberg created bicycle lanes, required chain restaurants to post calorie counts, and pedestrianized much of Times Square. The convention drew thousands of protesters, among them New Yorkers who despised George W. Bush and the Bush administration's pursuit of the Iraq War. [163] He is concerned about climate change and has touted his mayoral efforts to reduce greenhouse gases. [65] Bloomberg increased city funding for the new development of affordable housing through a plan that created and preserved an estimated 160,000 affordable homes in the city. Partnering with Johns Hopkins University to train COVID-19 contact tracers through its school of public health and search for a treatment of the virus. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. Walter "Hawk" Newsome, a high-school-dropout turned Big Law firm project-manager who now helps lead the Black Lives Matter movement, says it helps to know more about the law than the police. [129] Bloomberg supporters believed that Bloomberg could run as a centrist and capture many voters who were dissatisfied with the likely Democratic and Republican nominees. Bottom line, he gets posted on Reddit frequently.l, just wondering about the accuracy of into. hometown", "The Shed at Hudson Yards event is like a Bloomberg-era reunion", "Michael R. Bloomberg Donates $75 Million to New NYC Arts Center, The Shed", "Michael Bloomberg Gives $75 Million to Shed Arts Center", "Bloomberg America's first Jewish president? [243], In May 2019, Bloomberg announced a 2020 Midwestern Collegiate Climate Summit in Washington University in St. Louis with the aim to bring together leaders from Midwestern universities, local government and the private sector to reduce climate impacts in the region. The highest ranking includes only two people: Jeff Bezos and Bill Gates. His wealth is worth 1.19% of the country's GDP. [249], Bloomberg's contributions to Johns Hopkins "fueled major improvements in the university's reputation and rankings, its competitiveness for faculty and students, and the appearance of its campus,"[248] and included construction of a children's hospital (the Charlotte R. Bloomberg Children's Center Building, named after Bloomberg's mother); a physics building, a school of public health (the Johns Hopkins Bloomberg School of Public Health), libraries, and biomedical research facilities,[248] including the Institute for Cell Engineering, a stem-cell research institute within the School of Medicine, and the Malaria Research Institute within the School of Public Health. [3], As the mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Bloomberg also said Trump's economic plans "would make it harder for small businesses to compete" and would "erode our influence in the world". $4.5 Million. The following is a list of the wealthiest individuals with "Canada" listed as their "Country/Region" according to Bloomberg's daily listing, the Bloomberg Billionaires Index, as of 22 May 2022. [183][184], His Bloomberg Philanthropies foundation focuses on public health, the arts, government innovation, the environment, and education. [226], In late 2014, Bloomberg, Ban Ki-moon, and global city networks ICLEI-Local Governments for Sustainability (ICLEI), C40 Cities Climate Leadership Group (C40) and United Cities and Local Governments (UCLG), with support from UN-Habitat, launched the Compact of Mayors, a global coalition of mayors and city officials pledging to reduce local greenhouse gas emissions, enhance climate resilience, and track their progress transparently. [37] The company sold customized computer terminals that delivered real-time market data, financial calculations and other analytics to Wall Street firms. Wade. [143] His support in nationwide opinion polls hovered around 15 percent but stagnated or dropped before Super Tuesday,[150] while former vice president Joe Biden had become the centrist frontrunner after receiving the support of major candidates Pete Buttigieg and Amy Klobuchar shortly before Super Tuesday. During the 2020 COVID-19 pandemic and its aftermath, Bloomberg through his foundation committed to a wide range of urgent causes including researching treatments and vaccines, leading contact tracing to root out the virus, supporting the World Health Organization, and funding global efforts to fight the spread of the disease and protect vulnerable populations. He ended his campaign in March 2020, after having won only 61 delegates. He served as the mayor of New York City for three terms from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States. Instead, he encouraged the Democratic Party to "nominate a Democrat who will be in the strongest position to defeat Donald Trump". [32] Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $10million for his equity in the firm. [85] The Bloomberg campaign successfully challenged the signatures Ognibene submitted to the Board of Elections to prevent Ognibene from appearing on ballots for the Republican primary. [163] He advocates for a public health insurance option that he has called "Medicare for all for people that are uncovered" rather than a universal single-payer healthcare system. Who always does what's best for him or her, even when it hurts the company, and whose reckless decisions put you in danger, and who spends more time tweeting than working? Walter helped found the firm in the late 1990s after he folded his. Ruth and Bill Scott; Walter Scott, Jr. (tie) - Net worth: $4.5 billion Walter Scott Jr. made his fortune through Berkshire Hathaway Energy, his friend Warren Buffett's utility subsidiary. The Company provides oil and gas drilling and production services. He officially launched his campaign for the 2020 Democratic nomination on November 24, 2019. [299], Throughout his business career, Bloomberg has made numerous statements which have been considered by some to be insulting, derogatory, sexist or misogynistic. He's wrong on both counts." [340], In 2014, Queen Elizabeth II appointed Bloomberg an Honorary Knight Commander of the Order of the British Empire for his "prodigious entrepreneurial and philanthropic endeavors, and the many ways in which they have benefited the United Kingdom and the U.K.-U.S. special relationship. At the national level, Bloomberg has consistently pushed for transitioning the United States' energy mix from fossil fuels to clean energy. Bloomberg criticized Democratic mayoral candidate Bill de Blasio's campaign methods, which he initially called "racist"; Bloomberg later downplayed and partially retracted those remarks. [62], Bloomberg chose to apply a statistical, metrics-based management approach to city government, and granted departmental commissioners broad autonomy in their decision-making. [262], In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at Harvard University with a $3million gift in honor of his father, who died in 1963, saying, "throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community. [19][20][21] He graduated from Medford High School in 1960. That includes a waterfront cottage in Maine, located on an island accessible only by boat, which is valued at an estimated $250,000-$500,000 per year, and part of a cottage in Ireland, valued at less than $15,000. "[242] Two think tanks, World Resource Institute and the Rocky Mountain Institute, will work with America's Pledge to analyze the work cities, states and businesses do to meet the U.S. commitment to the Paris agreement. Jim Wahlberg has a net worth of $1 million. [274] In 2013, it was reported that Bloomberg had donated $109.24million in 556 grants and 61 countries to campaigns against tobacco. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. [156][157][158], Bloomberg was a lifelong Democrat until 2001, when he switched to the Republican Party to run for mayor. Facebook gives people the. ", "Mayor Bloomberg gets ride on No. [264] In December 2011, Bloomberg Philanthropies launched a partnership with online ticket search engine SeatGeek to connect artists with new audiences. [43] Bloomberg's staff told the New York Times that he now regrets having made "disrespectful" remarks concerning women. [124][125][126][127][128] This was the first time he had officially confirmed he was considering a run. [138] On October 10, 2018, Bloomberg announced that he had returned to the Democratic party. [225] On 5 February 2021, however, he was re-appointed by Guterres as his Special Envoy on Climate Ambition and Solutions in the lead-up to the climate conference in Scotland scheduled for November 2021. [291][292], In 1975, Bloomberg married Susan Elizabeth Barbara Brown, a British national from Yorkshire, United Kingdom. I invite anyone to find something he has tweeted that wasn't disseminated by the MSM several minutes, if not hours later. [97] On October 23, 2008, the city council voted 2922 in favor of extending the term limit to three consecutive four-year terms. According to Propublica investigation he set up multiple GRATs thus shielding parts of his fortune for his heirs. Convention", "Bloomberg wins by a KO: Crushes Ferrer by nearly 20-point margin", "Ognibene Loses Bid for Line on Ballot Against Bloomberg", "Ognibene Will Fight Bloomberg All the Way to November Election", "Democrats Celebrate as Voters Pile Woe Upon Woe for Bush", "Bloomberg News: A 'Subway Series' for President? When working on Wall Street in the 1960s and 1970s, Bloomberg claimed in his 1997 autobiography, he had "a girlfriend in every city". [214] In January 2015, Bloomberg led Bloomberg Philanthropies in a $48-million partnership with the Heising-Simons family to launch the Clean Energy Initiative. [190] The Carnegie Corporation distributed these contributions to hundreds of New York City organizations ranging from the Dance Theatre of Harlem to Gilda's Club, a non-profit organization that provides support to people and families living with cancer. The initiative partners Bloomberg Philanthropies with Oceana, Rare, and Encourage Capital to help reform fisheries and increase sustainable populations worldwide. [189], 2011 recipients included the Campaign for Tobacco-Free Kids; Centers for Disease Control and Prevention; Johns Hopkins Bloomberg School of Public Health; World Lung Foundation and the World Health Organization. [53][54] In the 2019 Forbes list of the world's billionaires, he was the ninth-richest person; his net worth was estimated at $55.5billion. [71], Under the Bloomberg Administration, the New York City Police Department greatly expanded its stop and frisk program, with a sixfold increase in documented stops.
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