New York, NY – Report: Bloomberg Spent $650M On NYC In 12 Years

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    FILE - Mayor Bloomberg. December 20, 2013 (Photo Credit: Edward Reed)New York, NY – A new report says billionaire Mayor Michael Bloomberg has spent $650 million of his own fortune on New York City over the course of three terms in office.

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    Sorting through public documents, philanthropy databases and other records the New York Times (HTTP://NYTI.MS/KFZRTD ) estimates Sunday that figure is probably low.

    The newspaper says Bloomberg spent about $62,400 in 12 years for weekly cleanings of two large saltwater fish tanks in City Hall. He also made $23 million in campaign donations and has given a cool $30 million to the Metropolitan Museum of Art since 2002.

    Bloomberg, who Forbes Magazine estimates is worth $27 billion, famously took a $1 annual salary as mayor.

    He’s spent generously to promote gun control and other issues he’s passionate about.

    He leaves office at midnight Tuesday.


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    7 Comments
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    Benny
    Benny
    10 years ago

    “Michael Bloomberg has spent $650 million of his own fortune on “New York City” over the course of three terms in office…

    The newspaper says Bloomberg spent about $62,400 in 12 years for weekly cleanings of two large saltwater fish tanks in City Hall. He also made $23 million in campaign donations and has given a cool $30 million to the Metropolitan Museum of Art since 2002.”

    Don’t call it on NY City, he wasted on his selfish desires!

    He cleaned fish tanks in HIS city hall!

    “He also made $23 million in campaign donations” – what a waste, you want to call it “on NYCity”?

    What a looser!

    victorg
    victorg
    10 years ago

    Unfortunately DeBlasio, champion of the poor and unfortunate, will not be positioned to follow suit.

    I am bracing for a return to the Dinkins years of strikes, crimes, and rampant disorder. I predict even the liberals will rank DeBlasio as the worst mayor since Lindsay, much as they are starting to rank Obama as the worst president since Carter or worse.

    ez11219
    ez11219
    10 years ago

    Give credit where credit is due!! He’s been a great mayor and turned around the city 360 degrees.

    cool-3931
    cool-3931
    10 years ago

    What a loser! If only he had the wisdom to give his money where it really counts….. counts for him that is. Sadly he may only realize it when its too late. Meantime let him keep paying for clean fish tanks and spending his millions on supporting gay rights.

    cool-3931
    cool-3931
    10 years ago

    What a loser! If only he had the wisdom to give his money where it really counts….. counts for him that is. Sadly he may only realize it when its too late. Meantime let him keep paying for clean fish tanks and spending his millions on supporting gay rights.