NYC mayor's supersized gifts to alma mater hit $1.1 billion

  • Article by: MICHAEL BARBARO , New York Times
  • Updated: January 27, 2013 - 9:34 PM

Michael Bloomberg said he will give away his $25 billion fortune before dying.

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roymercerJan. 28, 13 5:25 AM

Bloomberg ought to make his gifts conditional on JH making tuition affordable (and not through his gifts). Otherwise it will be just another ego-filled bricks & mortar self tribute to a wealthy guy.

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jdlellis1Jan. 28, 13 7:51 AM

According to progressive dogma; 1 - There goes those rich people hording their funds and snubbing their nose at those less fortunate. 2 - Bloomberg should not have been able to amass such a fortune, taxed at a higher rate (e.g., 99%) for income and antother 99% estate tax.

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