My MCM: Micheal Bloomberg, Well Deserved!

Founder and CEO, Bloomberg, Micheal Bloomberg

My #mcm today is Michael Bloomberg is an American business magnate, politician, and philanthropist. He served as the 108th Mayor of New York City. With a net worth of $36.5 billion, he is the 10th richest person in the United States and the 13th wealthiest in the world. He is the founder, CEO and 88 percent owner of Bloomberg L.P., the global financial data and media company which is widely used by investment professionals around the world.  

A profile of Bloomberg shows his Bloomberg Philanthropies foundation has five areas of focus: public health, the arts, government innovation, the environment, and education. According to the Chronicle of Philanthropy, Bloomberg, through his Bloomberg Philanthropies Foundation, donated and/or pledged $240 million in 2005. 
  • $60 million in 2006 
  • $47 million in 2007 
  • $150 million in 2009 
  • $332 million in 2010 and 
  • $311 million in 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. 
  • In 2013 it was reported that Bloomberg had donated $109.24 million in 556 grants and 61 countries to campaigns against tobacco, amongst numerous philanthropy donations till date.
Michael hopes to give away his entire fortune before he dies.

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