Bloomberg to speak at Harvard graduation

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News,Business

CAMBRIDGE, Mass. (AP) — Billionaire businessman and former New York City Mayor Michael Bloomberg has been selected to speak at Harvard University's graduation.

The Ivy League university announced Wednesday that the Massachusetts native and Harvard Business School graduate will speak at afternoon exercises at the school's 363rd commencement May 29.

Harvard President Drew Faust says Bloomberg's career has been "a rare blend of public leadership, private-sector entrepreneurship, and powerful philanthropic engagement."

Bloomberg, a business school graduate, has remained engaged with the university. He has endowed a professorship and the renovated Baker Library/Bloomberg Center is named in honor of his late father.

In addition to founding Bloomberg L.P., the financial services news company that has more than 300,000 subscribers, he established Bloomberg Philanthropies.

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