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The Latest Breaking News from Mike Bloomberg

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

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

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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.

Fortune

Slow Horses star Kristin Scott Thomas secretly marries journalist chief

Exclusive: Diana Taverner snares her man

The Independent UK

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.

Top News

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

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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 Conversation

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 Guardian - US

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

The Independent UK

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

Evening Standard

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 Conversation

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

The Guardian - UK

Israelis rush home to volunteer in fight against Hamas: ‘I’ll do whatever I can’

At least 100 people have travelled from the UK to Israel to serve in the Israeli military following the attacks by Hamas, joining others from around the world. Bel Trew and Namita Singh speak to those ready to take up arms

The Independent UK

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The Independent UK

Prince of Wales hails ‘inspiration and optimism’ of Earthshot Prize finalists

Former New York mayor and business news mogul Mike Bloomberg, a global adviser to Earthshot Prize winners, opened and closed the summit.

Fortune

Mike Bloomberg might actually have a point with his claim that remote workers are all playing golf

The Guardian - US

US school bus drivers strike amid low pay and staff shortages

Driver shortages and lagging compensation have incited several strikes as huge school bus driver strike in New York City looms

The Independent UK

Performing arts center finally opens at ground zero after 2 decades of setbacks and changed plans

Workers are setting the stage for the World Trade Center’s newest component

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WEKU

Republican primary spending projected to approach or surpass $1 billion

With a big field, a former president, well-heeled politicians and two billionaires running, this is likely to be the most money ever spent to win the GOP presidential nomination.

Tribune News Service

Richard Johnson: Is Meghan Markle in line to take over as ‘Wheel of Fortune’ host?

Vanna White is the 5:1 favorite to succeed Pat Sajak as host of “Wheel of Fortune,” but there are plenty of other candidates on her heels.

Fortune

Mike Bloomberg plans to leave his company to Bloomberg Philanthropies—with enormous implications for charity

The move would be similar to one made by Patagonia’s founder last year, but on a much bigger scale.

The Guardian - UK

Boris Johnson’s insights are worth £2.5m. Pity we couldn’t have had them while he was PM

Isn’t it a bit late for our former leader to be selling himself as a serious statesman?

The Conversation

Donations by top 50 US donors dropped sharply to $14 billion in 2022 – Bill Gates, Mike Bloomberg and Warren Buffett lead the list of biggest givers

The 50 Americans who gave or pledged the most to charity in 2022 committed to giving US$14.1 billion to foundations, universities, hospitals and more – a total that was 60% below an inflation-adjusted $35.6 billion in 2021, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

Tribune News Service

Catholics in NYC and around the world mourn retired Pope Benedict after his passing at age 95

NEW YORK — Former Pope Benedict XVI was remembered around the world and across the city’s Catholic faithful Saturday as a low-key luminary, steadfast servant and beacon of interfaith dialogue following his death at age 95.

Evening Standard

Mike Bloomberg apologises to guests after Boris Johnson criticises China during speech

The former Prime Minister is said to have been critical of China during a speech to guests at the five-star Fullerton Bay hotel in Singapore

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