New York’s mega-rich mayor came from humble beginnings

He’s the richest mayor New York ever had – but Mike Bloomberg claims he didn’t always live in the lap of luxury.

Billionaire Bloomberg says he used to live in the tiniest of apartments, adding: “I used to sleep on a couch sometimes, where you’d open the couch up and it was a pain to take the pillows off and everything and then open it up and make the bed.”

At his entry-level job with Salomon Brothers 47 years ago, the mayor remembered he was paid just $9,000 a year.


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