He said of his time in "public service" as mayor of New York City that he hoped he could one day tell his grandchildren, "I've left you a better world."
Employee perks offered by Bloomberg News might also contradict the billionaire's advice on taking breaks, noted Paul Radich, assistant professor of practice, marketing, and social thought at the Busch School.
The company's building in midtown Manhattan offers free pantry food and free soup at lunchtime to employees in a central location, he noted-although it is unclear whether such policies were instituted to take care of employees or to maximize worker productivity.
Bloomberg, L.P. has also drawn criticism from former female employees who have alleged a hostile workplace culture.
In 2008, the Equal Employment Opportunity Commission (EEOC) filed a discrimination lawsuit against Bloomberg L.P., saying pregnant female employees who took maternity leave received demotions or pay cuts, or were replaced.
Ultimately, 65 women were claimants in the lawsuit which was dismissed by a federal judge in 2011. The judge concluded there was a lack of evidence that the company engaged in a "pattern" of discrimination.
The New York Post reported in December 2019 that Bloomberg, L.P., had been the subject of nearly 40 discrimination and harassment lawsuits by 64 former employees.
According to a November report by the New York Times, one of the lawsuits alleged that Bloomberg told a pregnant employee "kill it," referring to her baby, and complained about the number of pregnant women at the company. That lawsuit was settled without an admission of guilt.
On Friday, the Washington Post reported that a former Bloomberg technology writer said he witnessed the conversation in which Bloomberg allegedly told the pregnant employee to kill her baby.
Other lawsuits have also alleged that Bloomberg made disparaging remarks about pregnant employees.
Matt Hadro was the political editor at Catholic News Agency through October 2021. He previously worked as CNA senior D.C. correspondent and as a press secretary for U.S. Congressman Chris Smith.