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The Latest Breaking News from Michael Bloomberg

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn

The Guardian - US · Jan 28, 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

Billionaire Bloomberg to fund UN climate body as US withdraws again

Billionaire Michael Bloomberg announced Thursday his foundation would fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for a second time.

Radio France Internationale · Jan 23, 2025

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Bloomberg to fund UN climate body after Donald Trump’s Paris exit

Bloomberg pledges financial support to UN climate body following Trump’s exit from the Paris Agreement.

Al Jazeera · Jan 23, 2025

Was Donald Trump a Democrat? Timeline of new US president's flip-flopping political history

‘America first’ policies are not in keeping with Republican precedent

Evening Standard · Jan 10, 2025

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 · Dec 19, 2024

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 · Dec 17, 2024

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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 · Nov 16, 2024

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 · Nov 14, 2024

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 · Nov 8, 2024

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 · Nov 3, 2024

Michael Bloomberg Endorses Kamala Harris For President

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

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 · Oct 29, 2024

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.

Michael Bloomberg Donates Million To Support Kamala Harris

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

Fortune · Oct 24, 2024

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

The Conversation · Sep 30, 2024

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.

International Business Times · Sep 11, 2024

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

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Evening Standard · Sep 11, 2024

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

The Independent UK · Sep 11, 2024

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 · Sep 11, 2024

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 · Aug 30, 2024

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 · Aug 30, 2024

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

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 · Aug 6, 2024

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

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