Bloomberg Adds $5 Billion to Net Worth over Last Year

Home Live Wire Bloomberg Adds $5 Billion to Net Worth over Last Year

Forbes has calculated that Mayor Michael Bloomberg’s net worth is $27 billion dollars, a $5 billion dollar increase since its last “wealthiest” list in 2012. The magazine’s findings are based on the value of Bloomberg’s financial assets, including his holdings in Bloomberg LP, and estimates on the value of his 11 properties around the world. He hasn’t exactly been greedy however. Bloomberg, the 13th wealthiest person in the world, has given more than $1 billion to St. John’s University, and has operated as mayor with a $1 yearly salary since 2009.

Read more at Forbes.com.

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