News & Politics

Our Mayor’s Wealth Climax: Bloomberg Is Now 13th on Forbes’s Billionaires List


Last month’s news that Mayor Bloomberg, after donating millions to his alma mater, Johns Hopkins, has become the largest living donor to higher education in America’s history should have been a clear enough sign.

Yesterday, Forbes released its annual archive of people who will forever have more money than you. Yes, the 2013 Billionaires list has hit the press and the numbers are higher than ever — especially for our mayor.

Falling just behind H&M Chairman Stefan Perrson and just after Walmart’s Jim Walton, Michael R. Bloomberg clocks in at 13th on the list with an estimated net worth of $27 billion. That moves him up seven spots from last year, when he reported only $20 billion as his take-home income.

Of course, we cannot forget that just six years ago, Hizzoner was 142nd on this list. Between 2007 and 2009, he moved up over 100 spots, finishing in a year with the world’s largest increase in wealth by any individual. And between 2007 and 2009, the global(ized) economy also almost melted to the ground.

My, what a great couple of years it has been.

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