Share on FacebookTweet about this on TwitterEmail this to someone
Share on FacebookTweet about this on TwitterEmail this to someone
Photo credit Edward Reed
Photo credit Edward Reed
Mayor Michael Bloomberg saw his fortune grow to $25 billion placing him 10th of Forbes list of richest Americans.

Forbes unveiled its list of the 400 richest Americans which featured Mayor Michael Bloomberg, who has seen his fortune continue to grow, the same day census data showed the disparity between the rich and poor in the city continues to widen.

Bloomberg came in at number 10 on the annual list with a net worth of $25 billion, more than a 25 percent increase from last year when he was only the 12th richest American.

The average net worth on the list jumped from $3.8 billion last year to $4.2 billion, for a combined total of $1.7 trillion in the hands of the 400 wealthiest Americans.

The list, which was released yesterday, featured more than 50 New Yorkers. The mayor — whose fortune stems from Bloomberg LP — topped some notable city residents on the money list, including: Rupert Murdoch, $9.4 billion, Ralph Lauren, $6.5 billion, and Donald Trump, $3.1 billion.

The third-term mayor does not keep all his cash to himself; Forbes estimated he has given away nearly $4 billion to support public health, the environment, the arts and education over the years.

Bill Gates topped the list with $66 billion, followed by Warren Buffet and Larry Ellison.

 

Comments:

Join The Discussion



Related Stories
Queens News Quiz: How well do you know this week’s news?
Queens News Quiz: How well do you know this week’s news?
Cops buckle down on knifepoint robberies, Denny’s is coming to Queens and 8 more top stories this week
Cops buckle down on knifepoint robberies, Denny’s is coming to Queens and 8 more top stories this week
Popular Stories
Photo via Google Maps
Cantonese restaurant King Yum in Fresh Meadows is closing for good
Photo by Robert Stridiron
Cops continue searching for bandit who stole a fortune from a Flushing pharmacy
Photo: Day Donaldson/Flickr
These two sections of Queens will be sprayed Tuesday as city's war on Zika virus continues
Skip to toolbar