New York
Bloomberg’s personal net wealth increased by $5 billion in 2012. It didn’t increase to $5 billion to something else, or from something else to $5 billion, it grew by $5 billion. Just that marginal growth amount would make him the world’s 248th richest individual, and is 20 times what Mitt Romney is worth in total.
Meanwhile, the population of New York City’s homeless shelters has hit a record high.
Because…trans-fats and 32 ounce sodas.
I do not understand how Bloomberg made all the money he supposedly has.
Yes, Bloomberg is an expensive application, but it was rare in Chicago, a luxury for a financial firm. Maybe everyone in NYC had them, but still.