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Bloomberg spent $650M out of pocket being New York mayor

When New York Mayor Michael Bloomberg leaves office today, the billionaire will have spent hundreds of millions of dollars of his own money on a wide variety of perks and bonuses, political campaigns and advocacy work, charitable giving and social causes, travel and lodging, according to the New York Times.

$650M

Total of his own money spent in connection with his 12 years as mayor.

$268M

Amount that went to three campaigns for mayor.

$263M

Donations to New York arts, civic, health and cultural groups, personally and through his company, Bloomberg LP.

$6M

Cost of jetting around on his private plane.

$5M

For renovation of the official mayoral residence, which he never inhabited. (He preferred the privacy of his own nearby mansion.)

$2.7M

Salary to which he was entitled as mayor but turned down.

$1

His annual salary as mayor.

Bloomberg spent $650M out of pocket being New York mayor 12/30/13 [Last modified: Tuesday, December 31, 2013 12:24am]

© 2014 Tampa Bay Times

    

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