A kid raised in a middle-class Boston suburb, Michael Bloomberg took out loans to pay for his tuition at Johns Hopkins University and worked as a parking lot attendant.
He learned early to pay it forward.
Bloomberg's first gift to his alma mater was a whopping $5 in 1965, a year after he graduated with a bachelor's degree in engineering.
Fast forward to Saturday, when the Baltimore university announced Bloomberg has now given a total of $1.1 billion. The latest commitment came in the form of a cool $350 million toward a "transformational" initiative aimed at cross-discipline solutions to societal problems.
In a statement, Johns Hopkins said Bloomberg, a former trustee, is believed to be the first person to ever reach the $1 billion level of giving to a single U.S. institution of higher education.FULL STORY
The more you sin, the more you pay.
Im not a fan of Mayor Bloomburg but that is a very generous thing he did and many young people will benefit.
That's one of or rare disagreements–as rare as a naturally red diamond. I think that Mayor Bloomberg is terrific in our city! It's much safer than, for example, Chicago.
Beirut is safer than Chicago.
Thank you Mayor Bloomberg for your contribution to this prestigious university.
Lol @ Joey its ok we dont have to agree all the time. And @ banasy, now THAT was funny!