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:

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

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

    ReplyDelete
  3. A lot of them are actually richer.

    ReplyDelete

Your remarks and lively debates are welcome, whether supportive or critical of the views herein. Your articulate, well-informed remarks that are relevant to an article are welcome.

However, commentary that is intended to "flame" or attack, that contains violence, racist comments and potential libel will not be published. Facts are helpful.

If you'd like to make personal attacks and libelous claims against people and businesses, then you may do so on your own social media accounts. Also, comments predicting when a new business will close ("I give it six weeks") will not be approved.