Michael R. Bloomberg has been recognised as Honorary Knight Commander of the Most Excellent Order of the British Empire (KBE) for his links built between the UK and US.
The investiture ceremony took place on Wednesday 8th April at the British Ambassador’s Residence. The knighthood insignia was presented to Mr Bloomberg by the British Ambassador Sir Peter Westmacott on behalf of Her Majesty Queen Elizabeth II.
The honorary knighthood was given in recognition of his exceptional entrepreneurial and philanthropic accomplishments as well as for his contribution to UK-US relations.
British Ambassador to the United States Sir Peter Westmacott said:
“In public service, business, and philanthropy, Michael Bloomberg has played a key role in forging transatlantic diplomatic, economic, and cultural ties. From Bloomberg LP’s European headquarters in London to Tate Modern, the impact of Mr. Bloomberg’s contributions is felt every day by Britons.
“Throughout his career, he has maintained a focus on issues important to the UK including environmental sustainability, public health, education and cross-cultural understanding. His successes have not only earned him praise, but also the title of “a man ahead of his time.”
Mr Bloomberg is the founder of the global business and financial information firm, Bloomberg L.P., was the 108th Mayor of the City of New York and is a supporter of the arts and education in the UK. Since making London the European headquarters of Bloomberg L.P. in 1987 he has created thousands of jobs and dedicated more than £42.4 million in charitable support to the UK.
Upon accepting the title, Mr. Bloomberg said:
“I’ve been very lucky to have had the opportunity to help strengthen the special relationship that exists between the United States and Great Britain – and between New York and London. By working with Mayor Boris Johnson on economic and environmental issues, supporting British arts and educational organizations through philanthropy, and building a new European headquarters for our company in the heart of the City of London, I’ve developed a deep appreciation and respect for the British people – and this recognition is one of the great honours of my life.”
Since opening his London office, Mr Bloomberg’s philanthropic work has developed UK talent and employment opportunities, made theatre and arts more accessible to Londoners and contributed to urban regeneration and environmental conservation. The Major of London Boris Johnson has referred to Mr Bloomberg’s efforts as Mayor of New York as inspirational for his ‘Team London’ programme, which aims to assemble volunteers to improve life in the capital through activities that will reduce crime, increase opportunities for youth, build stronger neighbourhoods and make London cleaner and greener.
Title image credit: Metropolitan Transportation Authority of the State of New York