Connect with us

Hi, what are you looking for?

Jewish Business News

Leadership

Michael Bloomberg Giving $125 Million to Worldwide Traffic Safety

Mayor Bloomberg And NYPD Chief Ray Kelly Make Announcement

Former New York City Mayor Michael Bloomberg’s Foundation announced it would give $125 million for global traffic safety, the Chronicle of Philanthropy reports.  The Fund will distribute funds to 10 metropolitan areas worldwide where 90% of global traffic fatalities occur. Efforts are expected to focus on drunken driving, seatbelt safety and other improvements. The Foundation’s representative, Kelly Henning, invited 20 cities with more than 2 million residents to apply for the funding.

Bloomberg, since leaving office, has been focused on philanthropy and public awareness on issues such as gun control and domestic violence. He has donated considerable sums to political campaigns, and around 90% of the recipients have been Democrats in this election cycle. Bloomberg made his fortune with his financial data firm Bloomberg, which earned him $34 billion. He is currently rated as the 15th richest person in the world.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...