Mayor Bloomberg Donated $254 Million to Charity in 2009
NEW YORK (AP/1010 WINS) -- New York City Mayor Michael Bloomberg gave $254 million of his fortune to philanthropic causes in 2009.
The Chronicle of Philanthropy ranked the billionaire No. 4 on its list of 50 Americans who gave the most to charity last year.
Bloomberg has steadily increased his giving over the years. In 2008, he gave $235 million and in 2007 he gave $205 million.
In 2009 he spread the money among 1,300 charities. He does not disclose individual amounts.
His fortune is estimated at $17.5 billion by Forbes magazine. Bloomberg founded the financial information company that bears his name.
TM & Copyright 2010 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. TheAssociated Press contributed to this report.
E-Mail Story
Print Story
