Michael Rubens Bloomberg is a well-known businessman, philanthropist and author. He is the co-founder of Bloomberg L.P. From 2002 to 2013 he served as the mayor of New York City. Moreover, he was also the candidate for the 2020 Presidential election. He is the sixteenth wealthiest man in the world as announced by Forbes. But he has signed The Giving Pledge so he gave away $8.2 billion from his fortune. Michael Bloomberg age is seventy-eight.
He spent lots of money from his own wealth for the presidential campaign that set the record to be the expensive one. A lot of the information is also available in Michael Bloomberg wiki. To know more about Michael Bloomberg Biography, continue reading.
Background information
The birth date of Bloomberg is February 14, 1942, and his birthplace is Brighton neighbourhood of Boston. The name of his father is William Henry Bloomberg and the name of his mother is Charlotte. His father worked as a bookkeeper in a daily company. He comes from a Jewish family. Michael Bloomberg young grew up in Medford, Massachusetts.
Bloomberg was the graduate of Medford High School. Then he attended Johns Hopkins University. In 1964 he received Bachelor of Science degree. Then on 1966 Michael Bloomberg education from Harvard Business School got over.
Profession
On 1973 Bloomberg became the partner of Salomon Brothers. It is a large investment bank that headed equity trading. Then he got fired from it because new management arrived to head it. He got paid $10 million for his part in the firm. By using this money Bloomberg designed financial systems for Salomon. This later got introduced as Market Master Terminal in 1982.
Then the name of the company changed to Bloomberg L.P in 1986. Some of the new fields also got released like Bloomberg News, Bloomberg Radio, Bloomberg Tradebook and more. It received revenues up to $10 billion. On 2019 the company sold more than 325,000 terminal subscribers all over the world. It has the employees numbering 20,000.
Later Bloomberg left his position as CEO and Lex Fenwick replaced him. He became the mayor and focused on politics. Then after that, when his service as a mayor got over, he turned into a philanthropist. Then again he became the CEO of his company and left it on 2019 to run for president.
– Career as the mayor of New York City and 2020 presidential election
On January 1, 2002, Bloomberg became the Mayor of New York City. He won in 2005 and again in 2009. His twelve years of service as a mayor was a success. He helped to develop many aspects of the city.
Then he ran to become the president of the US in the 2020 elections. He is a democrat. Michael Bloomberg for president launched his campaign on November 24, 2019. But his performance on two televised debates did not go well. He was also criticised for his previous acquaintance with the republic party. But he did his campaigns with a lot of effort and spent huge amounts of money. It was everywhere such as the internet, radio, television, direct mail and more.
Michael Bloomberg twitter shared about the matters that need to get done in the US. Moreover, he also used it to criticise Trump. A lot of Michael Bloomberg memes started spreading around social media because of his campaigns.
But he did not get enough support. So he turned to support Biden who was becoming a forerunner. He also gave $18M for Democratic National Committee to support the campaign of Biden.
Personal life
Is Michael Bloomberg married? His wife is Susan Elizabeth Barbara Brown whom he married on 1975. Then in 1993, he divorced her. She is from Yorkshire, United Kingdom. Their children are Emma and Georgina. Bloomberg’s daughters came in the 2003 documentary that featured the life of wealthy children. From 2000 he is living with Diana Taylor.
The net worth of Micheal Bloomberg
Michael Bloomberg net worth is $54.9 billion. As he was the CEO of the company Bloomberg LP for many years he accumulated a lot of wealth. He owns eighty-eight per cent of the business. He is also a philanthropist and has donated $5 billion for climate changes, gun control and more. Moreover, as he is a billionaire he owns many properties in America and also out.
Currently, he is living with his partner in New York. Michael Bloomberg house is also available in places like Colorado, Florida, London, Bermuda and more.
Conclusion
Bloomberg is one of the richest men in the world. He is also a great philanthropist who is donating a lot of money for the betterment of society.
Also read: Chris Wallace Bio, Age, Family, Fox News Career and Net Worth
