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Health & Medical News

Bloomberg Puts $125M Into Anti-Smoking

Tuesday, August 15, 2006 8:38:36 PM
By SARA KUGLER

Mayor Michael Bloomberg speaks during a press conference in New York Tuesday, Aug. 15, 2006. Bloomberg, a billionaire and former smoker, announced Tuesday he is throwing $125 million of his own money into a new anti-smoking campaign targeting tobacco worldwide. (AP Photo/Shiho Fukada)NEW YORK (AP) - Mayor Michael Bloomberg, a billionaire and former smoker, announced Tuesday he would pour $125 million of his own money into a worldwide campaign against smoking, a cause he said was largely neglected by philanthropists.

Bloomberg gives millions each year to benefit medical research, arts and education, but he typically doesn't announce he is doing so.

On Tuesday, he made an exception and discussed his anti-smoking campaign, which he described as "a social investment."


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