
Michael Bloomberg
$104.7B
Born
Feb 14, 1942
Age
83
Source of Wealth
Bloomberg LP
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
- 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 $3 billion in 2023, and has donated more than $17.4 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.
- In 2024, Bloomberg pledged $1 billion to Johns Hopkins University, his undergraduate alma mater, adding to the more than $3.5 billion he'd already given the school.
- As a teenager, Bloomberg worked at an electronics company in Cambridge, Massachusetts.
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