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The Latest Breaking News from Mike Bloomberg

Gifts from top 50 US philanthropists jumped to $22.4B in 2025 − Mike Bloomberg, Bill Gates and the estate of Paul Allen lead a list of the biggest givers

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in 2024, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

The Conversation

It’s clear why Zohran Mamdani is leading in the New York mayoral race

There’s a clarity about Mamdani’s message that stands in sharp contrast to most Democratic politicians

The Guardian - US

This CEO got fired 3 times before becoming his own boss and selling his company for $1.6 billion—he tells struggling Gen Z that’s the point of your 20s

Scope3 CEO Brian O’Kelley lost millions getting fired. His revenge? Starting AppNexus the moment his non-compete expired—it sold for $1.6 billion.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empire

Mike Bloomberg started at Salomon Brothers as a clerk making $9,000 a year, making his way up to partner, before getting the boot. He has no hard feelings, and learned critical lessons from the rejection.

Fortune

The last words my father spoke to me—and what they taught me about saving lives

Decades ago, I visited my father in the nursing home as I was about to become New York City health commissioner. I never forgot what he said.

Fortune

Big foundations and nonprofits still flood to the sidelines of a diminished United Nations

The United Nations will draw foundations and nonprofits to New York for a packed schedule of events on the sidelines of its General Assembly next week

The Independent UK

From Mike Bloomberg to Jamie Dimon to 'staunch capitalist' Kathy Hochul, New York's likely next Mayor Zohran Mamdani is meeting with lots of people

Mamdani also signaled to The New York Times that he'll apologize for calling the NYPD "racist" during a 2020 George Floyd protest.

Fortune

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Who’s in attendance for the US Open men’s final? From Trump’s MAGA entourage to Lindsay Lohan and Courteney Cox

Match between World No. 1 Jannik Sinner and Spain’s star player Carlos Alcaraz was delayed due to Trump’s attendance

The Independent UK

If Mike Bloomberg’s Wealth Was Evenly Distributed Across the U.S., How Much Would We Get?

What would happen if media mogul and former New York City mayor Mike Bloomberg decided to share his massive fortune equally among all U.S. citizens?

GOBankingRates

Trump criticised for climate policy as William celebrates Earthshot finalists

The Prince of Wales founded the Earthshot Prize to find solutions to ‘repair’ the planet.

Evening Standard

Bloomberg’s massive $8.3 million war chest powers Cuomo’s comeback as ex-governor faces surging democratic socialist challenger

Bloomberg buys Cuomo's redemption arc.

We Got This Covered

Jamie Dimon for president? The banking CEO would be a welcome alternative for many voters

The JPMorgan Chase chief offers the Democratic Party a chance to recapture Reagan and Bush Democrats, and even some Republicans.

Fortune

Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

The 50 American individuals and couples who gave or pledged the most to charity in 2024 committed US$16.2 billion to foundations, universities, hospitals and more. That total was 33% above an inflation-adjusted $12.2 billion in 2023, according to the Chronicle of Philanthropy’s latest annual tally of these donations. Media mogul…

The Conversation

Defeat To Trump Prompts Democratic Soul-searching

Democrats are facing a painful reckoning over Kamala Harris's drubbing at the hands of Donald Trump in the US presidential election, as shock gives way to anger and recrimination in the aftermath of a devastating repudiation.

International Business Times

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Fortune

Billionaire Mike Bloomberg voted early for Kamala Harris 'without hesitation'

Three-term NYC mayor, entrepreneur, and philanthropist cast his vote for the Democratic party.

Fortune

Elon Musk is campaigning for Donald Trump but these are the billionaires and business titans supporting Kamala Harris

Musk is making headlines but these other business leaders are pushing for a Harris victory in November.

The Independent UK

Slow Horses star Kristin Scott Thomas secretly marries journalist chief

Exclusive: Diana Taverner snares her man

Top News

Mike Bloomberg Donates Million To Democrats' House Majority PAC

Learn about billionaire Mike Bloomberg's million donation to House Majority PAC supporting Democrats' House control goal.

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news in one place.

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The Conversation

Shortage of Black doctors is rooted in racist history − a $600M gift will help historically Black medical schools address the gap

Fueled by the Supreme Court’s June 2023 ruling that bans affirmative action in higher education, conservative lawmakers across the country have advanced their own state bans on diversity initiatives, especially those that might make students feel shame or guilt for past harms against people of color.

The Conversation

Mike Bloomberg’s $1B gift to Johns Hopkins will make med school free for most students – a philanthropy expert explains why that matters

Mike Bloomberg, the media mogul and former New York City mayor, has given Johns Hopkins University US$1 billion to eliminate tuition for most its current and future medical students, the school and Bloomberg Philanthropies announced on July 8, 2024. The gift will also expand financial aid for students studying several…

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

The Independent UK

Who’s funding the forthcoming election? From supermarket heirs to entrepreneurs

Individual donors have been dwindling in their support of the Tories and flocking to Labour – with some even switching sides

Evening Standard

Drinks! Canapés! Gossip! Our insider guide to London’s exclusive summer parties

From the political bash to the high art event, a behind-the-scenes look at what really goes on inside the capital’s most exciting soirées

The Conversation

Quick adoption in 34 states of Erin’s Law to prevent child abuse shows power of one individual to make policy

Policymaking, a process by which governments make decisions about how to address social issues, is shaped by various factors, such as the political climate, socioeconomic conditions and cultural and historical backgrounds.

The Guardian - UK

The problem with tech bro philanthropy

They claim altruistic motives, but billionaires’ favoured brand of do-gooding, which allows no scrutiny or pluralism, is worse than unhelpful, writes Zoe Williams

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