Michael Bloomberg Biography, Net worth and Wealth Profile

Michael Bloomberg

Michael Bloomberg is an American billionaire and cofounder of media tech  and financial company Bloomberg.

Michael is the Chief Executive Officer (CEO) of Bloomberg with a net worth of $94.5 billion according to Forbes (2023).

Michael Bloomberg's Profile

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 $12 billion.

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 has donated more than $12.7 billion to gun control, climate change and other causes.

He announced a run for president in November 2019 but dropped out in March 2020 and pumped hundreds of millions of dollars into defeating Donald Trump in 2020.

The mayor of New York City for 12 years, Bloomberg is one of just four individuals to have served that long.

In 2018, Bloomberg pledged $1.8 billion to Johns Hopkins University, his undergraduate alma mater, adding to $1.5 billion he had already given the school.

As a teenager, Bloomberg worked at an electronics company in Cambridge, Massachusetts.

Organizations resist innovation and those that do inevitably fail because people are more comfortable with what they know than with what they don't.

Personal Profile

Born: 14 February 1942

Source of Wealth: Bloomberg LP, Self Made

Residence: New York, New York

Citizenship: United States

Marital Status: In Relationship

Children: 2

Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Johns Hopkins University

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