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    Bloomberg is contemplating life without its founder

    Michael Bloomberg is lining up succession and one of the largest charitable donations in history

    Financial Times
    ©The Financial Times Limited 2020 Apr 20, 2023 / 01:23 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    People with knowledge of the company’s internal dynamics and its founder suggest Bloomberg is likely to transfer ownership of his empire to a trust that will finance Bloomberg Philanthropies for perpetuity
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