Media billionaire; $88M ambulance-and-vests drive for Israel after Oct 7
Media billionaire · Person · United States
Michael Bloomberg, founder and 88% owner of Bloomberg LP and former New York mayor, is worth $94.9B according to Forbes (4 Oct 2026). In a matching appeal posted on 9 October 2023 for Magen David Adom, Israel's national emergency medical service, he matched nearly $44M from about 34,000 donors for an $88M total, the largest gift in American Friends of MDA's history. The money paid for ambulances, medical equipment, ballistic vests and helmets. 'America has always been a friend to Israel and I am encouraged that so many of us are stepping up to help our ally during these challenging times,' he said. Bloomberg Philanthropies then committed $27.8M to 65 hard-hit towns in southern and northern Israel. These gifts flowed during Israel's assault on Gaza, a campaign the UN Commission of Inquiry concluded in Sept 2025 was a genocide; no comparable public Bloomberg gift to Palestinian emergency services was found. Charity, too, picks a side.
In October 2023 Bloomberg matched nearly $44M from about 34,000 donors for an $88M gift to Magen David Adom, the largest in American Friends of MDA's history, paying for ambulances, ballistic vests and helmets. He said: 'America has always been a friend to Israel and I am encouraged that so many of us are stepping up to help our ally.' Bloomberg Philanthropies then committed $27.8M to 65 hard-hit Israeli towns.
Sources: go-bio.de, morningstar.co.uk, thenation.com
Forbes puts Bloomberg's net worth at $94.9B (4 Oct 2026), and he owns 88% of Bloomberg LP.
Sources: nairametrics.com
● confirmed by a primary document · ○ reported
Michael Bloomberg announced he would donate nearly $44 million to Magen David Adom, matching contributions from approximately 34,000 donors for a total of $88 million
Bloomberg's $13.3 million total is likely the largest individual contribution made in support of another candidate in New York history.
Michael Bloomberg donated a combined $5 million to a couple of anti-Zohran Mamdani super PACs earlier this week ... Bloomberg had given $1.5 million to Fix the City ... pumping $3.5 million into the coffers of For Our City
Candidate contributions $1,089,225,532.11
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