Six of the World’s Richest People Who Are Not Leaving Billions to Their Children
Some of the world's wealthiest individuals have no plans to pass on their wealth to the next generation.
Michael Bloomberg
Michael Bloomberg, born in 1942, is an American businessman, politician, philanthropist, and author. He is the founder, CEO, and owner of Bloomberg L.P., a global financial services, software, and media company. Bloomberg served as the 108th Mayor of New York City from 2002 to 2013, using his expertise to improve public health, education, and the environment. His philanthropic efforts, through Bloomberg Philanthropies, focus on public health, arts, government innovation, and the environment. Michael Bloomberg's net worth was estimated at $82 billion in 2024.
News About Michael Bloomberg
The Most Influential People in Art
Observer’s Business of Art Power List spotlights the bold innovators steering today’s art world through shifting markets, new collector dynamics and cultural reinvention. From market disruptors to institution builders, these visionaries are redefining influence, expanding access and setting the course for art’s global future.
Bill Gates’ Breakthrough Energy Ventures Raises $839M for Third Fund
The new fund will invest in climate innovation across electricity, transportation, manufacturing, buildings, food and agriculture.
