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The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which users can monitor and analyze real-time financial market data and place trades on the electronic trading platform. [1]
Bloomberg spent the next twenty years as its chairman and CEO. As of April 2024, Forbes ranked him as the thirteenth-richest person in the world, with an estimated net worth of US$106.2 billion. [4] Bloomberg, who has signed the Giving Pledge, has given away $17.4 billion to philanthropic causes in his lifetime. [5]
Bloomberg L.P. is an American privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, [9] and a 12% ownership investment by Bank of America through its brokerage subsidiary Merrill Lynch.
When his investment business slowed down after September 11, 2001, Keene contacted David Tamburelli at Bloomberg LP which led to him being interviewed by Matt Winkler, editor-in-chief of Bloomberg News, who hired him on the spot. Tom Keene started developing the idea of doing a one-hour radio show on the economy: Bloomberg on the Economy.
In 2009, Bloomberg released Bloomberg’s Open Symbology ("BSYM"), a system for identifying financial instruments across asset classes. [1]As of 2014 the name and identifier called 'Bloomberg Global Identifier' (BBGID) was replaced in full and adopted by the Object Management Group and Bloomberg with the standard renamed as the 'Financial Instrument Global Identifier' (FIGI).
Bloomberg Government, online news service covering governmental affairs; Bloomberg Law, an online legal research service; Bloomberg Tower, a skyscraper in New York City containing the headquarters of Bloomberg L.P. Bloomberg Beta, an independent venture capital firm founded by Bloomberg L.P. Bloomberg Philanthropies, American foundation
Others only consider you to be rich if you have a high net worth, which means the value of your assets (like your home and other property) far exceed your liabilities (like credit card debt).