• 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 revenues north of $10 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 spent hundreds of millions to defeat 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.
Wealth History
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Personal Stats
Age80
Source of WealthBloomberg LP, Self Made
ResidenceNew York, New York
CitizenshipUnited States
Marital StatusIn Relationship
Children2
EducationMaster of Business Administration, Harvard Business School; Bachelor of Arts/Science, Johns Hopkins University
Did you know
In November 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, MA.
In Their Own Words

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

Michael Bloomberg
Key Connections
Graphic of Charles Zegar
Charles Zegar
Cofounder

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