Bloomberg honored with first ‘Genesis Prize’ in Jerusalem

Billionaire philanthropist to use $1 million prize to fund global competition to award "next generation of social entrepreneurs."

Former New York mayor Michael Bloomberg (far right) is awarded the first-ever Genesis Prize in Jerusalem, May 22, 2014.

Former New York mayor Michael Bloomberg (far right) is awarded the first-ever Genesis Prize in Jerusalem, May 22, 2014.

(photo credit: MOSHE MILNER/GENESIS)

ByDANIEL K. EISENBUD

MAY 22, 2014 22:41