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Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001 and again from 2014 to 2023. [1]
In 2015, he stepped back into his role as Bloomberg LP CEO after serving a two-year stint as a full-time philanthropist.
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.
By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [14] During this period, Musk's net worth was often volatile. For example, it dropped $16.3 billion on September 8, the largest single-day plunge in Bloomberg Billionaires Index ' s history at the time. [15]
Bloomberg did not respond to Fortune’s queries about the new board. ... This is how much money you need to earn annually to comfortably buy a $600,000 home . Show comments.
Bloomberg has not commented on the multi-million dollar support. So far this election cycle, he has individually donated more than $42m to Democrat candidates, according to federal disclosures.
In 1981, Michael Bloomberg was fired from Salomon Brothers.He was given no severance package, but owned $10 million worth of equity as a partner at the firm. [5] Using this money, Bloomberg, having designed in-house computerized financial systems for Salomon, set up a data services company named Innovative Market Systems (IMS) based on his belief that Wall Street would pay a premium for high ...
Bloomberg, who is worth over $96 billion, said remote work has made Washington, D.C. a “shadow of its former self” and that the tax money wasted on empty office space has decimated public ...