He plans to give his entire fortune away through his foundation, citing both Bill Gates, the Microsoft co-founder, and former U.S. president Bill Clinton as models, and will continue to fund political candidates who support his beliefs on tightening gun-control and reforming education.
Bloomberg recently agreed to become the chairman of the Serpentine Gallery in London, a city he said he may be spending more time in after leaving office and where he owns at least one home. There is also Bloomberg Place, reportedly the largest building development underway in the city's financial district, which will become the European outpost of his company and foundation.
The mayor said, if invited, he will attend the inauguration of his successor on January 1. The next day, Bloomberg, who frequently flies to his home in Bermuda at weekends, said he will take his "first vacation in 12 years" with friend Diana Taylor to play golf in Hawaii and New Zealand, including at least one game with hedge-fund billionaire Julian Robertson.
(Reporting by Jonathan Allen; Editing by Barbara Goldberg and Gunna Dickson)
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