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The Latest Breaking News from Michael Bloomberg

Aliko Dangote is leaving one-third of his $35 billion fortune 'to humanity'—a rare move among Africa's billionaires

The pledge amounts to roughly $11.6 billion at today's valuation, and could grow far larger once his oil refinery goes public.

Fortune

Quote of the Day by Michael Bloomberg: “Did I want to risk an embarrassing and costly failure? Absolutely. Happiness for me has always been the...” - Inspiring life lesson on embracing uncertainty, taking bold risks, and finding purpose beyond comfort from Bloomberg's timeless quote

Today's Quote of the Day by Michael Bloomberg is a reminder that meaningful success rarely comes without uncertainty. Drawing from his own journey as an entrepreneur, Bloomberg explains why taking difficult risks often leads to the biggest opportunities. His words challenge us to stop fearing failure and start seeing challenges…

The Economic Times

Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

"Somewhere, Karl Marx is smiling," the media company founder wrote in an op-ed, calling current markets a "smoke-filled backroom."

Fortune

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Pro-science PAC backs El-Sayed

314 Action, which has been criticized for ties to pro-Israel lobbying in the past, shows a shake-up in Michigan

Salon

Anthropic and OpenAI waged a $27 million proxy war in a Manhattan congressional race. The winner told them both to get lost.

Micah Lasher won the most expensive AI election yet—then used his victory speech to reject both companies and promise to regulate them anyway.

Fortune

Air pollution is a fixable problem – just look at how London and New York have cleaned up their acts

We’ve shown that rapid, measurable progress is achievable in our cities. Here’s how that can now be replicated worldwide, say mayor of London Sadiq Khan and former New York mayor Michael Bloomberg

The Guardian - UK

The $1.8 billion pivot: How Michael Bloomberg’s historic gift rewrote the rules of college access

Michael Bloomberg's $1.8 billion donation to Johns Hopkins University in 2018 revolutionised higher education by funding need-blind admissions. This historic gift eliminated financial barriers for talented students, allowing them to pursue education based on merit, not wealth. The endowment ensures a lasting legacy of opportunity, empowering future generations to excel…

The Times of India

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Michael and Susan Dell fund 'AI-native' medical center with $750 million gift to University of Texas

Billionaires Michael and Susan Dell are donating $750 million to the University of Texas at Austin

The Independent UK

NYC Mayor Zohran Mamdani Still Makes Money From His Old Rap Career — Earned $1,643 Last Year

New York City's mayor, Zohran Mamdani, earns music royalties from his past rap career, sparking curiosity about his unique background blending activism, culture, and public service.

International Business Times UK

How Teach for America Helped Set Up James Talarico’s Political Rise

The prestigious education group is more than a shiny résumé item. For the Democratic Senate candidate, it was an incubator for his rapid political ascent.

Texas Observer

How Much Richer Michael Bloomberg Has Gotten Over the Last 5 Years

Discover how much billionaire Michael Bloomberg's net worth and wealth has changed over the last five years, and what contributed to his growing fortune.

GOBankingRates

Billionaire tops Philanthropy 50 list of biggest donors for third year in a row

Michael Bloomberg is followed on the Chronicle of Philanthropy’s list by three donors who each gave $1 billion or more to charity last year

The Independent UK

Bloomberg Philanthropies Mayors Challenge winners use AI and resident input to improve city services

This year's winners of the Bloomberg Philanthropies Mayors Challenge were announced Tuesday, with 24 cities receiving $1 million each and expert support for projects that upgrade core services, often using AI and resident input

The Independent UK

Michael Bloomberg and Warren Buffett agree on advice to Gen Z: Choose vibes over money in your job search

Bloomberg took a lower salary for his first job out of school because he preferred the people who interviewed him.

Fortune

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Reason

NYC Schools Are Losing Students and Burning Cash. Mamdani Could Make the Situation Worse.

New York schools need more choice and better curricula, but the city's new mayor wants to take choices away.

The Independent UK

Mamdani has a place in NYC history. But which place in a centuries-long list of mayors?

Zohran Mamdani can claim multiple firsts when he becomes New York’s mayor Jan. 1

GOBankingRates

5 Billionaires Who Got Fired From Their Jobs — And Went On To Get Ridiculously Rich

Bloomberg, Cuban, Dalio, Ratcliffe and Ross all got fired early in their careers. Here's how losing their jobs led to building billion-dollar empires.

Fortune

From Jamie Dimon to Bill Ackman, Wall Street's billionaires are now changing their tune and offering to help Zohran Mamdani

Over $22 million was spent by billionaires to prevent the democratic socialist from becoming mayor-elect, estimates say.

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GOBankingRates

How Much Is Michael Bloomberg’s Social Security Check?

Michael Bloomberg may be a billionaire, but he’s still eligible for Social Security—find out how much he likely receives in monthly benefits.

Fortune

Meet the billionaires spending over six figures to stop Zohran Mamdani from becoming New York's next mayor, from Michael Bloomberg to Bill Ackman

A reported 26 billionaires and rich families have spent at least $100,000 to support independent candidate Andrew Cuomo.

Fortune

America’s billionaires are older than ever, with one in five already in their 80s or 90s—as millennials await the Great Wealth Transfer

There’s a record 36 billionaires over 90. Some are still showing up at the office. Meanwhile, “young” billionaires (under 50) make up just 10% of the ultrawealthy club.

Texas Observer

🎶It’s His Party and He’ll…🎶

Kendall Scudder on Bernie Sanders, Michael Bloomberg, disaster politics, and his state's economic success

The Independent UK

Nike co-founder Phil Knight and wife give record $2B to Oregon cancer center, university says

An Oregon university says Nike co-founder Phil Knight and his wife Penny Knight have given a record $2 billion to its cancer center

Fortune

When Rupert Murdoch dies, it could plunge the Fox and News Corp empire into civil war

The fate of Rupert Murdoch’s businesses lies with his four feuding children and a contested family trust.

The Guardian - US

Michael Bloomberg urges Republicans to oust RFK Jr, ‘peddler of junk science’

Billionaire and ex-New York City mayor says if Americans die unnecessarily, Senate Republicans will pay at ballot box

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