Michael Bloomberg (original) (raw)
- Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
- He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues north of $13 billion.
- In August 2023, he appointed product head Vlad Kliatchko as CEO of Bloomberg LP and former Bank of England governor Mark Carney as non-executive chair of a new board of directors.
- Bloomberg got his start on Wall Street in 1966 with an entry level job at investment bank Salomon Brothers. He was fired 15 years later.
- A major philanthropist, he gave away 3billionin2023,andhasdonatedmorethan3 billion in 2023, and has donated more than 3billionin2023,andhasdonatedmorethan17.4 billion in his lifetime to gun safety, climate change, education and other causes.
- He has committed to donating his stake in Bloomberg LP to Bloomberg Philanthropies when he dies, if not sooner.
- Bloomberg served as mayor of New York City for 12 years, from 2002 to 2013, and launched an unsuccessful bid for president in the 2020 race.
Wealth History
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Forbes Lists
Personal Stats
Age
82
Source of Wealth
Bloomberg LP, Self Made
8
4
Residence
New York, New York
Citizenship
United States
Marital Status
In Relationship
Children
2
Education
Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Johns Hopkins University
Did you know
In 2024, Bloomberg pledged 1billiontoJohnsHopkinsUniversity,hisundergraduatealmamater,addingtothemorethan1 billion to Johns Hopkins University, his undergraduate alma mater, adding to the more than 1billiontoJohnsHopkinsUniversity,hisundergraduatealmamater,addingtothemorethan3.5 billion he'd already given the school.
As a teenager, Bloomberg worked at an electronics company in Cambridge, Massachusetts.
In Their Own Words
Organizations resist innovation and those that do inevitably fail because people are more comfortable with what they know than with what they don't.
Michael Bloomberg
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