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Source: http://www.nytimes.com/2014/05/23/nyregion/bloomberg-wins-1-million-prize.html?hp&_r=0
Bloomberg, in Israel, Wins a $1 Million Prize, and Then Gives It Back
(New York Times) Jodi Rudoren - Michael R. Bloomberg, the billionaire businessman who served three terms as mayor of New York, on Thursday received - and then returned - the first-ever $1 million Genesis Prize, which honors achievement steeped in "Jewish values." Returning the prize, Bloomberg and the Genesis organization announced a global competition with 10 prizes of $100,000 available to entrepreneurs ages 20 to 36 with big ideas, also based on Jewish values, to better the world. Bloomberg, 72, visited Israel frequently while in office, and he has donated millions of dollars to Jerusalem institutions, financing a hospital wing named for his mother and an ambulance center named for his father. On Thursday, he called the international movement for a boycott against Israel "an outrage" that is "totally misplaced."