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

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AP New York
A new report says billionaire Mayor Michael Bloomberg has spent USD 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 estimated yesterday that figure is probably low.

The newspaper says Bloomberg spent about USD 62,400 in 12 years for weekly cleanings of two large saltwater fish tanks in City Hall.

He also made USD 23 million in campaign donations and has given a cool USD 30 million to the Metropolitan Museum of Art since 2002.

Bloomberg, who Forbes Magazine estimates is worth USD 27 billion, famously took a USD 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 today.

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First Published: Dec 30 2013 | 11:08 PM IST

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