Report: Bloomberg spent $650M on NYC in 12 years - Los Angeles News | FOX 11 LA KTTV

Report: Bloomberg spent $650M on NYC in 12 years

Posted: Updated:
Mayor Michael Bloomberg Mayor Michael Bloomberg

NEW YORK (AP) - A new report says billionaire Mayor Michael Bloomberg has spent $650 million of his own fortune on New York City over the course of three terms in office.

Sorting through public documents, philanthropy databases and other records the New York Times estimates Sunday that figure is probably low.

The newspaper says Bloomberg spent about $62,400 in 12 years for weekly cleanings of two large saltwater fish tanks in City Hall. He also made $23 million in campaign donations and has given a cool $30 million to the Metropolitan Museum of Art since 2002.

Bloomberg, who Forbes Magazine estimates is worth $27 billion, famously took a $1 annual salary as mayor.

He's spent generously to promote gun control and other issues he's passionate about.

He leaves office at midnight Tuesday.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsLocal NewsMore>>

  • Ultimate lemonade stand in Flatiron District

    Ultimate lemonade stand in Flatiron District

    Wednesday, August 20 2014 9:39 AM EDT2014-08-20 13:39:26 GMT
    When 826 NYC, a nonprofit organization that fosters creative writing skills, asked children ages 9-12 to dream up the ultimate lemonade stand, the responses were huge. The winning project of  The Great Lemonation Imagination Collaboration was turned into a real lemonade stand complete with free lemonade in Manhattan's Flatiron District. The organization's members were also required to help run the stand that went up at Broadway and 23rd Street on Wednesday.
    When 826 NYC, a nonprofit organization that fosters creative writing skills, asked children ages 9-12 to dream up the ultimate lemonade stand, the responses were huge. The winning project of  The Great Lemonation Imagination Collaboration was turned into a real lemonade stand complete with free lemonade in Manhattan's Flatiron District. The organization's members were also required to help run the stand that went up at Broadway and 23rd Street on Wednesday.
  • Times Square characters: we don't work for free

    Times Square characters: we don't work for free

    Wednesday, August 20 2014 9:02 AM EDT2014-08-20 13:02:47 GMT
    Times Square characters want to be taken seriously and want their tips. The mostly immigrant workers are now called the Association of Artists United for a Smile and are fighting to protect their jobs, in light of a recent crackdown. Jorge Duran says he stands around for hours, sweating inside a costume, and says it is annoying and unfair if he poses for a good picture and gets nothing.
    Times Square characters want to be taken seriously and want their tips. The mostly immigrant workers are now called the Association of Artists United for a Smile and are fighting to protect their jobs, in light of a recent crackdown. Jorge Duran says he stands around for hours, sweating inside a costume, and says it is annoying and unfair if he poses for a good picture and gets nothing.
  • Tyga calls for Empire State Building to go gold

    Tyga calls for Empire State Building to go gold

    Wednesday, August 20 2014 8:42 AM EDT2014-08-20 12:42:31 GMT
    The push to go gold for pediatric cancer has spread to the hip hop world. Popular rapper Tyga is joining those calling for the Empire State Building to light up for a good cause.
    The push to go gold for pediatric cancer has spread to the hip hop world. Popular rapper Tyga is joining those calling for the Empire State Building to light up for a good cause.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices