Thursday, March 12, 2009

Bloomy is now wealthiest resident of NYC


Last year, the media mogul's worth clocked in at $11.5 billion. But after he bought back 20 percent of his company Bloomberg LP from a foundering Merrill Lynch in July, his value skyrocketed and he is now worth a staggering $16 billion.

Related!
The number of American millionaires fell by more than a quarter last year, as the financial crisis decimated their investments across the board, a report said yesterday. (New York Post)

3 comments:

NYCDreamin said...

I've got my tiny violin out for those (now) poor(er) bastards...

EV Grieve said...

I can't imagine the sacrifices one has to make when his net worth drops $3 billion to $14 billion!

Anonymous said...

A lot of them are actually richer.