Billionaire Bloomberg, who's massive wealth has so far secured two terms as New City's mayor, personally gave away $235 million in 2008, more than any living individual, according to a list released Monday by The Chronicle of Philanthropy.
"As the economy took a turn from bad to worse, I felt it was the right time — the essential time — for someone like me, someone who's been so fortunate in my own life, to step up and give back even more," Mr. Bloomberg said in a statement. "I don't think of it only as a responsibility, but as a privilege."
More than 1,200 organizations were the beneficiaries of the mayor's largesse, ranging from a children's hospital at Johns Hopkins Medicine in Baltimore; the Robin Hood Foundation, a New York organization that to fight poverty; and Stand Up to Cancer of a Pasadena, Calif.
New Yorkers Leona M. and Harry B. Helmsley's charitable trust was the most giving organization in the country, with a total bequest of $5.2 billion.