- As he kicks off a new campaign to use his wealth to block the construction of petrochemical plants, Michael R. Bloomberg outlined the fate of his company Bloomberg L.P. after he dies. He said his Bloomberg Philanthropies foundation would inherit his multi-billion-dollar company and then eventually sell it.
- “At 81 years old, common sense says I should have succession plans,” the former New York City mayor said at the Climate Summit hosted by The New York Times in Manhattan on Thursday.
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