Now that Bloomberg heads out of office, what becomes of his fortune and his family? A partial answer can be found by looking at his daughters.
Michael Bloomberg’s youngest daughter has revealed that she is due to give birth to a baby boy on Christmas Day.
Georgina, 30, a professional equestrian first announced she was pregnant with Mayor Michael Bloomberg’s first grandchild in June.
But she said she was not planning to marry her boyfriend Argentinian equestrian Ramiro Quintan anytime soon.
Speaking at a party to celebrate her Hamptons Magazine cover she said, ‘I live with my boyfriend, but I never want to get married. I’ve always been non-traditional. My father hasn’t pressured me to get married. He respects my decision.”
No doubt. It’ll cut down on the future alimony.
This will be the New York City Mayor’s first grandchild as his older daughter Emma, 34, has been married for eight years but does not have a child.
Michael Bloomberg only had one sister who works as the New York City Commissioner of the NYC Commission for the United Nations, Consular Corps & Protocol. He had two daughters. It’s just borderline sustainability as far as that goes.
Meanwhile William Henry Bloomberg, Bloomberg’s father, had two brothers and two sisters. Charlotte Rubens, his mother, had two sisters and a brother.
How many grandchildren is Bloomberg going to end up with? The prospects don’t look particularly good. For a man concerned with sustainability, his family values don’t seem to reflect it.
And what of the Bloomberg fortune? Consider the following cautionary tale of the Bronfman daughters.
Over the past seven years, Mr. Raniere has earned the devotion of Sara Bronfman and her sister Clare. In that time, according to his former girlfriend and financial adviser Babara Bouchey, Mr. Raniere has also squandered more than $100 million of the Bronfman liquor fortune, destabilizing one of New York’s most prominent business and social dynasties.
With their trust funds drained, Ms. Bouchey said, the sisters have started borrowing against the inheritance they expect to receive upon the death of their 81-year-old father, Edgar Bronfman Sr.