The Latest Breaking News from Bloomberg Philanthropies

Michael Bloomberg was fired from a Wall Street bank after 15 years. He used his $10 million payout to build a $109 billion fortune and has given away $25.4 billion

Michael Bloomberg was 39 when his 15-year career at Wall Street investment bank Salomon Brothers came to an end in 1981. A general partner at the firm, Bloomberg left as Salomon was being acquired by Phibro Corporation and received about $10 million for his stake. Rather than use the money…

The Times of India · Sep 8

Soda Purchases Dropped 12 Percent Under State SNAP Restrictions While Some of the Money Shifted to Other Drinks

A new NBER analysis found soda purchases fell about 12 percent among SNAP households in 10 states with restrictions. It measured buying, not health.

Medical Daily · Aug 25

Philanthropy is reshaping global health. Here’s how

Over the past two decades, global health has undergone a profound transformation. As public funding for international health and development has become increasingly unpredictable, private philanthropy has largely stepped in to fund global programmes.

The Conversation · Apr 29

The ultra-processed foods problem is driven by commercial interests, not individual weakness. Here’s how to fix it

Ultra-processed foods are displacing traditional foods and meals globally, degrading diet quality, and contributing to the rise of diet-related chronic diseases.

The Conversation · Nov 18, 2025

Tate raises £43m from donations as it launches ‘ambitious’ endowment fund

Campaign aims to raise £150m by 2030 to help support Tate’s exhibition programme and research in perpetuity

The Guardian - UK · Jun 26, 2025

Sadiq Khan flies into row over 12,000-mile round trip to Brazil to warn of dangers of climate change

London mayor has made more than 20 foreign trips in nine years at City Hall

Evening Standard · Jun 24, 2025

Thousands of Roman artefacts found during building work given to London Museum

The finds were uncovered at the site of a 3rd century AD temple to the Roman god Mithras, in the modern-day City of London.

Evening Standard · Mar 18, 2025

Secrets of ancient London revealed as more than 14,000 Roman artefacts unearthed

The finds were uncovered at the site of a 3rd century Roman temple

The Independent UK · Mar 18, 2025

Pauses on U.S. foreign aid and local grants send funders and nonprofits scrambling

The Trump administration has made or initiated major policy changes that impact nonprofits and their missions in its first week

The Independent UK · Jan 29, 2025

Michael Bloomberg pledges over $20m to plug gap in UN’s climate budget after Trump pulled out

This is the second time Bloomberg has stepped in to help uphold funding and reporting commitments under the Paris agreement

The Independent UK · Jan 23, 2025