11/03/2013

NY Mayor Bloomberg's 2014 plans



(Reuters) - A golfing holiday and learning to speak Spanish "like a native" are at the top of New York Mayor Michael Bloomberg's list of activities he will pursue when his term ends in December, he said in an interview published on Wednesday.

"Look, I will stay involved in the cases I care about. I will try to tighten gun-control laws, combat climate change and improve public health, he told Forbes magazine. Exactly how, I don't know," Michael Bloomberg, 71, said in the interview with Forbes.

Bloomberg made his $ 31 billion fortune with Bloomberg LP, the financial data and news company, but will not return to running the company.

"I can tell you what I won't do. I won't become a professional investor.  I won't teach. I won't become a consultant.. I won't go back to Bloomberg LP and I won't  start a new company. Am I clear?"

He plans to give his entire fortune away through his foundation, citing both Bill Gates, the Microsoft co-founder, and former U.S. president Bill Clinton as models, and will continue to fund political candidates who support his beliefs on tightening gun-control and reforming education.

Bloomberg will become the chairman of the Serpentine Gallery in London, a city where he will spend more time after leaving office and where he owns at least one home. Bloomberg Place, the largest building development underway in the city's financial district, will become the European outpost of his company and foundation.

The mayor will attend the inauguration of his successor on January 1. The next day, Bloomberg, who frequently flies to his home in Bermuda at weekends, said he will take his "first vacation in 12 years" with friend Diana Taylor to play golf in Hawaii and New Zealand. 







adapted from Reuters