Bloomberg to receive honorary doctorate from Haifa’s Technion

Israel’s Technion University in Haifa announces it will give an honorary doctorate to Michael Bloomberg, the billionaire former three-term mayor of New York City.

The distinction will be given for Bloomerg’s work “to bring the Technion to New York city” and his contribution to the city’s education, according to a statement from the university.

In 2015 Bloomberg donated $100 million to Cornell University’s new high-tech campus in New York City, a joint venture with the Israeli Technion University.

Cornell Tech was founded in December 2011 when it was selected, along with the Technion University, as the winner of an applied sciences initiative by the New York City Economic Development Corporation, which sought proposals to build a campus that would spur the growth of the tech industry in partnership with the city.

The campus is expected to open in 2017.