Michael Bloomberg

$109.42 B

Ranked #18 in World

About Michael Bloomberg

Michael Bloomberg, an American businessman, politician, philanthropist, and author, is the co-founder and majority owner of Bloomberg L.P. He served as the 108th mayor of New York City for three terms from 2002 to 2013 and ran for the 2020 Democratic nomination for president. Bloomberg is currently the chair of the Defense Innovation Board. He founded Bloomberg L.P., a financial information, software, and media company, and developed the widely used Bloomberg Terminal. As mayor, he implemented various policies, including public health initiatives and environmental protections. Bloomberg has a net worth of $94.5 billion and has pledged to give away the majority of his wealth through The Giving Pledge. He is involved in philanthropic efforts through his foundation, Bloomberg Philanthropies, which focuses on public health, the arts, government innovation, the environment, and education.

Born

February 14, 1942

Age

84 years

Source Of Wealth

Bloomberg LP

Industries

Finance & Investments

Citizenship

United States

Residence

New York, New York

Education

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

Michael Rubens Bloomberg was born on February 14, 1942, in Boston, Massachusetts. He graduated from Johns Hopkins University and Harvard Business School. Before co-founding Bloomberg L.P. in 1981, he worked at Salomon Brothers.

Michael Bloomberg: Family

Bloomberg's father, William Henry Bloomberg, was a dairy deliveryman and accountant, while his mother, Charlotte Rubens Bloomberg, was a homemaker. He has two older sisters, Marjorie and Joan.

Michael Bloomberg: Career Highlights

Bloomberg co-founded Bloomberg L.P., a financial information, software, and media company, in 1981. He developed the Bloomberg Terminal, a widely used financial data and analytics platform. Bloomberg served as CEO of Bloomberg L.P. from 1981 to 2014 and again from 2014 to 2023.

In 2001, Bloomberg was elected as the 108th mayor of New York City. He was re-elected in 2005 and 2009, serving a total of three terms. During his tenure, he implemented various policies, including public charter schools, infrastructure rebuilding, gun control, public health initiatives, and environmental protections.

Michael Bloomberg: Companies

Bloomberg is the co-founder and majority owner of Bloomberg L.P., a financial information, software, and media company. He is also the founder of Bloomberg Philanthropies, a charitable foundation focused on public health, education, the environment, and the arts.

Michael Bloomberg: Major Achievements

Bloomberg is credited with transforming Bloomberg L.P. into a global financial data and media powerhouse. He also played a significant role in the development of New York City during his three terms as mayor. Some of his major achievements include:

Developing the Bloomberg Terminal, a widely used financial data and analytics platform
Serving as the 108th mayor of New York City for three terms
Implementing various policies to improve New York City, including public charter schools, infrastructure rebuilding, gun control, public health initiatives, and environmental protections
Establishing Bloomberg Philanthropies, a charitable foundation focused on public health, education, the environment, and the arts

Michael Bloomberg: Awards & Achievements

Bloomberg has received numerous awards and honors for his leadership and public service.

Some of his notable awards include:

Honorary degrees from multiple universities
Speaker for Princeton University's 2011 baccalaureate service
Commencement speaker at Johns Hopkins University in 2010 and 2020
Recipient of various awards for leadership and public service
Named one of the most influential people in the world by Time magazine
Appointed Honorary Knight Commander of the Order of the British Empire by Queen Elizabeth II

Michael Bloomberg: Personal Life & Legacy

Bloomberg is married to Diana Taylor. They have two daughters, Emma and Georgina. Bloomberg is also the father of two other children, Susan and William, from previous relationships.

Bloomberg is known for his philanthropy and has donated billions of dollars to various causes through Bloomberg Philanthropies. He is also an avid art collector and owns a significant collection of modern and contemporary art.

Michael Bloomberg: Trivia

Bloomberg is a licensed amateur radio operator and was near the top of the waiting list for an AW609 tiltrotor aircraft.
He is proficient in Morse code and built ham radios in his youth.
Bloomberg owns two helicopters.
He co-authored an autobiography, "Bloomberg by Bloomberg," and a book on climate change, "Climate of Hope."
Bloomberg has written op-eds in The New York Times on various issues.

Wealth History

Timeline

February 14, 1942

Michael Rubens Bloomberg is born in Boston, Massachusetts.

1964

Bloomberg graduates from Johns Hopkins University with a Bachelor of Science degree in electrical engineering.

1966

Bloomberg graduates from Harvard Business School with a Master of Business Administration degree.

1973

Bloomberg joins Salomon Brothers as a securities trader.

1981

Bloomberg leaves Salomon Brothers and founds Innovative Market Systems, which later becomes Bloomberg L.P.

1982

Bloomberg L.P. launches the Bloomberg Terminal, a financial data and analytics platform.

2001

Bloomberg is elected as the 108th mayor of New York City.

2005

Bloomberg is re-elected as mayor of New York City.

2009

Bloomberg is re-elected as mayor of New York City for a third term.

2013

Bloomberg leaves office as mayor of New York City.

2020

Bloomberg runs for the Democratic nomination for president of the United States but withdraws before the primaries.

2023

Bloomberg serves as chair of the Defense Innovation Board and continues to be involved in philanthropic efforts through his foundation.

Michael Bloomberg : FAQs

What is Michael Bloomberg's current net worth?

Michael Bloomberg's current net worth is $109.42 billion.

What is Michael Bloomberg's current global rank among billionaires?

Michael Bloomberg holds the 18th position globally among billionaires.

What is Michael Bloomberg's current ranking within the United States?

Michael Bloomberg holds the 14th position in United States.

What was the change in Michael Bloomberg's net worth compared to the previous year?

Michael Bloomberg's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 109.42 billion dollars.

What are Michael Bloomberg's main sources of wealth?

Michael Bloomberg's main source of income comes from Bloomberg LP.

In which industry does Michael Bloomberg primarily operate?

Michael Bloomberg is primarily involved in the Finance & Investments industry.

What is Michael Bloomberg educational background?

Michael Bloomberg holds a Master of Business Administration from Harvard Business School and a Bachelor of Arts/Science from Johns Hopkins University.

How old is Michael Bloomberg?

Michael Bloomberg is 84 years old.

How many children does Michael Bloomberg have?

Michael Bloomberg has 2 children.

What is Michael Bloomberg's background and professional career?

Michael Bloomberg is an American businessman, politician, philanthropist, and author. He is the co-founder and majority owner of Bloomberg L.P. and served as the 108th mayor of New York City for three terms. He also ran for the 2020 Democratic nomination for president of the United States and currently serves as chair of the Defense Innovation Board.

What is Michael Bloomberg's business career?

Michael Bloomberg founded Bloomberg L.P., a financial information, software, and media company. He developed the Bloomberg Terminal, a widely used financial data and analytics platform. He served as CEO of Bloomberg L.P. from 1981 to 2014 and again from 2014 to 2023.

What is Michael Bloomberg's political career?

Michael Bloomberg was elected as the 108th mayor of New York City in 2001 and was re-elected in 2005 and 2009, serving a total of three terms. He implemented various policies during his tenure, including public charter schools, infrastructure rebuilding, gun control, public health initiatives, and environmental protections.

What are Michael Bloomberg's philanthropic activities?

Michael Bloomberg has pledged to give away the majority of his wealth through The Giving Pledge. He is involved in philanthropic efforts through his foundation, Bloomberg Philanthropies, which focuses on public health, the arts, government innovation, the environment, and education. He has donated billions to various causes, including education, global tobacco control, climate change, and COVID-19 response.