Old Soles: New York Mayor Michael Bloomberg Has Only Six Pairs of Loafers

10/15/2010 at 03:40 PM ET

Brian Killian/WireImage

While most of our houses might fit into the closets where The Real Housewives of Beverly Hills store their shoes, Michael Bloomberg, New York’s low key billionaire mayor, has only six pairs of loafers! During a speech at QVC’s FFANY shoe sale event on Wednesday, Mayor Bloomberg joked, “A story emerged recently that shocked many in your industry, leaving them confused, perplexed, maybe even a little bit hurt. I’m talking about the stunning revelation in the September 20th edition of the New York Post, that I, Michael R. Bloomberg, 108th Mayor of the City of New York, may not have purchased a new pair of work shoes in ten years…if it’s in the Post it must be true.” So when PEOPLE encountered the thrifty mayor the next night at the Empire State Pride Agenda fall dinner, we had to ask if the story in the Post was true.“You have to talk to my press secretary who made up the story,” said Mayor Bloomberg with a smile. So does he actually have a lot of shoes? “Yeah, I do probably have half a dozen pairs, but it is true. I probably only wear one black and one brown and that’s about it,” he said. “I’d love to tell you I’m a big fashionista,” admitted the Mayor. “But it was really embarrassing, Ken Cole [shoe designer Kenneth Cole] happens to be a very close friend of mine, and I was with him the night before [the article appeared].” — Jeffrey Slonim

FILED UNDER: Fashion , Guy Style , Shoes

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Showing 34 comments

Jon on

I wish MTV Host, TJ Lavin, a speedy recovery from his Injuries that he suffered in a Dirt Bike Crash!

Penny on

Who cares?? He has a LOT more than many other people!

me on

How is this news?!?!?!
People magazine come one . . .really???

B. Weston on

Hah! Bloomberg must be the only billionaire in the world with only 6 pairs of work shoes. The others probably have the equivalent of Barney’s shoe dept in their closets. Well good for him! Nice to know he’s not living life TOO FAR above your typical NYC corporate finance type! Oh the humbled life he leads….

Bennycassim on

They’re probably high quality shoes. You don’t need an arsenal of shoes, just a few well made ones. They would last for years, as he says, and would only need an infrequent resoling. They’re more of an upfront investment, but may actually cost less over the years.

Sharon on

Not sure why this is news, but It would have been a better story if he only had 1 pair of loafers, than that would have been shocking, but 6 pairs is a lot in a 10 year period.

SusiQ on

uhhhh. . .if six pairs of loafers is all he has, could I store some of my shoes in his closet? Just askin’

MLR on

All these people that are appalled that they would print a story about shoes on people.com amaze me…why are you reading in the first place?

Sickitten on

Actually this is a great story as it proves that wealthy people don’t go shopping for frivolous things.

CherylD on

Are you kidding me?
Slow news day??
Fire this guys PR rep!!!
WTF ARE YOU PEOPLE SMOKING???

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