Monday, December 5, 2016
Bloomberg Philanthropies Is Largest Funder of Tobacco-Control Efforts in the Developing World
Michael Bloomberg, the billionaire former mayor of New York has long been a champion of anti-smoking efforts in the United States. He signed into law an act banning smoking in bars and restaurants and increased the tax on cigarettes.
In 2006 and 2008, he took his fight global, giving $125 million and then $250 million to help boost the WHO's efforts in low- and middle-income countries. That has made Bloomberg Philanthropies the largest funder of tobacco-control efforts in the developing world.
On Monday, the group announced an additional $360 million commitment to the effort, bringing his total contribution to nearly $1 billion...