BALTIMORE — Mayor Michael Bloomberg of New York has pledged $350 million to Johns Hopkins University, mainly to expand its interdisciplinary research on an array of issues including global health and urban revitalization, as his lifetime giving to his alma mater eclipses $1 billion.
The university announced the commitment late Saturday saying it believes Bloomberg, who amassed his fortune creating the global financial services firm Bloomberg LP, is now the first person to give more than $1 billion to a single American university.
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I bet New York City schools needed that money far more than Johns Hopkins. But what do I know?