Michael Bloomberg receives honorary knighthood

Former New York City mayor's entrepreneurial, philanthropic efforts in the UK finally pay off

New York

MICHAEL Bloomberg, the former mayor of New York City, has harboured a long-standing fondness for Britain - selecting London as the European home for both his company and his charity, trading governing advice with that city's mayor and throwing parties at a two-storey apartment on Cadogan Square.

On Monday, the affection was returned in earnest: Queen Elizabeth II named Mr Bloomberg an honorary knight. The announcement cited Mr Bloomberg's "prodigious entrepreneurial and philanthropic endeavours,...

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