Community Corner

Michael Bloomberg Ranks 12 on Forbes Rich List

Medford native is the 12th wealthiest person in America.

New York City's Mayor, and native of Medford, Michael Bloomberg was ranked as the 13th richest person in America Forbes Magazine.

Bloomberg is worth an estimated $19.5 billion, coming in one spot behind Wal-Mart Chairmen S. Robson Walton and one ahead of Amazon.com founder Jeff Bezos, according to the Forbes list.

Forbes released its annual list of the 400 richest people in America on Wednesday.

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A graduate of Medford High School in 1960, Bloomberg has made his fortune through Bloomberg LP, the financial media company.

His mother, Charlotte Rubens Bloomberg, was

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