Billionaire Michael Bloomberg has revealed he will leave his multi-billion-dollar company to his philanthropic foundation when he dies. Bloomberg revealed his succession plans during a Climate Summit in New York on Thursday night, saying that it was 'common sense' to have thought about it at the age of 81.The founder of Bloomberg L.P and former mayor, who shares two daughters Emma and Georgina with his ex-wife Susan Brown, said that when he dies his Bloomberg Philanthropies foundation would inherit the company.
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