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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Leadership

Even the mayor of New York has trouble paying for college

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Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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April 7, 2015, 10:22 AM ET
Bill de Blasio
New York City Mayor Bill de Blasio speaks to the Association for a Better New York in New York, Thursday, March 5, 2015. De Blasio, promoting his message of income equality and empowering the less fortunate, pressed influential New York City business leaders on Thursday to raise their workers' starting pay to $13 an hour. (AP Photo/Seth Wenig)Photograph by Seth Wenig — AP
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Paying for college has become such a large expense that even one of the most famous politicians in America is having trouble with it: New York City Mayor Bill de Blasio.

Pretty soon, de Blasio and his wife Chirlane McCray will have two children in college. Their daughter Chiara goes to Santa Clara University in California, while son Dante — who became a star during the mayoral campaign in 2013 — is currently a senior in high school and considering offers from top colleges. In a recent interview, the mayor, who earns $225,000 as mayor and makes tens of thousands of dollars off rental income, said that it would be a complicated process for Dante to figure out where he’d end up and how the family will pay for it.

“There’s going to be a big challenge in figuring out financial aid and visits and all sorts of stuff,” Mr. de Blasio told The New York Times.

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