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The Latest Breaking News from Michael Bloomberg

Billionaires bankroll US politics, but voters could demand a fairer system

Billionaires played an unprecedented role in the 2024 US elections, with 150 of the world’s wealthiest families contributing nearly US$2 billion (£1.57 billion) trying to influence the outcome. This included donations from the likes of Elon Musk (US$133 million for the Republicans) and Michael Bloomberg (US$45 million for the Democrats).

The Conversation

Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts

Netflix co-founder Reed Hastings and former New York City mayor Michael Bloomberg made the largest contributions in 2024, and financial aid, especially for medical students, got most of the money

The Independent UK

More states are ditching exams as high school graduation requirements

When Massachusetts voters decided to ditch the state’s high school graduation exams on Election Day, they joined a growing trend that has steadily chipped away at the use of high-stakes tests for the past two decades

The Independent UK

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Elon Musk Says He's 'The Largest Individual Taxpayer In History' After $10B Payment: 'I Thought The IRS Would Send A Trophy'

The average true tax rate for the ultra-rich, including Elon Musk, is much lower than those less affluent as they leverage a host of tax-savings strategies to reduce their reported annual income despite skyrocketing net-worth growth

International Business Times UK

Heir to Levi Strauss fortune accused of ‘buying race’ as he becomes new mayor of San Francisco

Daniel Lurie unseated incumbent mayor London Breed running on promises to revitalize city after challenges of pandemic era

The Independent UK

Who are America’s billionaires backing this election?

More billionaires are backing Harris than Trump, but Trump’s billionaires are giving him larger amounts, Graig Graziosi reports

The Independent UK

Michael Bloomberg Endorses Kamala Harris For President

Former NYC mayor Michael Bloomberg endorses Senator Kamala Harris for president, criticizing Trump's divisive rhetoric.

Top News

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Michael Bloomberg shows his hand on election with $50m donation - ‘after pressure from Bill Gates’

Billionaires are picking sides in the hotly contested presidential race - with Bloomberg joining Bill Gates in backing Kamala Harris while Elon Musk is firmly in Donald Trump’s camp

The Independent UK

Michael Bloomberg Becomes Second-Largest Donor To Kamala Harris Campaign

Michael Bloomberg's million donation to Kamala Harris' campaign and his political contributions in the current presidential cycle.

Top News

Michael Bloomberg Donates Million To Support Kamala Harris

Bloomberg donates million to support Vice President Kamala Harris and meets with her economic team.

Top News

More billionaires are publicly backing Kamala Harris than Donald Trump

Democrats are often in favor of higher taxes on the rich, but in this election the wealthy are turning blue

Fortune

The ‘world’s mayor’ – how Michael Bloomberg uses philanthropy to change the way cities are run

Since the end of his three-term New York City mayoralty in 2013, Michael Bloomberg hasn’t shied away from public attention. Presidential ambitions and global climate policy advocacy have kept him busy.

The Conversation

WATCH: Trump Appears To Thank Kamala Harris At 9/11 Anniversary Event

The two presidential candidates shook hands on Wednesday morning at Ground Zero while attending the annual 9/11 memorial in New York City

International Business Times

Joe Biden criticised for telling reporters he's 'doing 9/11' ahead of anniversary

US President made the gaffe when asked about his plans ahead of the TV showdown between Kamala Harris and Donald Trump

Evening Standard

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The Independent UK

Trump and Harris exchange civil handshake at joint 9/11 event hours after bitter debate

The vice president greeted her Republican opponent with a smile

The Independent UK

Trump confronted by ‘Central Park Five’ member he called to be executed in debate spin room

Trump was all smiles as he was confronted by the man he called to be executed for a crime he didn’t commit

The Independent UK

Colorado man guilty of kidnapping Bloomberg housekeeper as part of plot to kill billionaire on his ranch

Prosecutors said the man forced a woman at gunpoint to drive him from Bloomberg’s ranch to a motel in Wyoming

The Independent UK

Colorado man convicted of kidnapping a housekeeper on Michael Bloomberg's ranch

Federal jurors in Cheyenne have found a Colorado man guilty of kidnapping a woman on a ranch owned by Michael Bloomberg

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Top News

Michael Bloomberg Donates 0 Million To Historically Black Medical Schools

Michael Bloomberg's 0 million donation to historically Black medical schools aims to support Black physicians and address healthcare disparities.

The Independent UK

Bloomberg gives $600 million to four Black medical schools' endowments

Michael Bloomberg committed $600 million to the endowments of four historically Black medical schools through his organization Bloomberg Philanthropies

Top News

Bloomberg Philanthropies Donates 0M To Black Medical Schools

Bloomberg Philanthropies donates 0 million to historically Black medical schools to empower future Black doctors and address healthcare disparities.

Fortune

The top Democrats who have not endorsed Kamala Harris all have one thing in common

They pushed Biden out, and now they don’t want to simply anoint heir apparent Harris.

The Guardian - AU

Morning Mail: $30m ‘disadvantage’ funding for private schools, Uber fare squeeze, White House denial

Wealthy Exclusive Brethren schools have received almost $30m in ‘disadvantage’ payments in five years; can NDIS claimants really get help for sex services?

The Guardian - US

Johns Hopkins medical students to get free tuition after $1bn Bloomberg gift

Donation by former New York City mayor and alumnus will cover school fees for nearly all students from fall term 2024

International Business Times UK

Michael Bloomberg Net Worth: Billionaire Donates $1B To John Hopkins University, Donated Same Amount in 2018

Michael Bloomberg donates $1 billion to Johns Hopkins, making med school free for most students and covering living expenses for some.

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