Michael Bloomberg

Michael Bloomberg

Chief Executive Officer at Bloomberg, Inc.

82 year
Consumer Services
Commercial Services
Finance

Profile

Current New York Mayor Michael Bloomberg is also the founder and owner (88 %) of Bloomberg LP, a company of services destined to financial market professionals. With a fortune estimated by Forbes to $ 18.1 billion, Michael Bloomberg is the 30th richest person in the world.

Graduated in Sciences in 1964, Michael Bloomberg obtained a MBA at Harvard Business School. His career as a businessman is launched when he partnered with the investment bank Salomon Brothers where he was in charge of sales and later, systems development.

In 1981, Michael Bloomberg is fired from Salomon Brothers, his severance pay, amounting to $ 10 million, is immediately invested in the creation of Innovative Market Systems, a company which provides financial services.

In 1981, the company was renamed Bloomberg LP. Initially focused on the use of historical data base on curves of US borrowing rate, the company extended its services to professionals by opening up to the economic and financial information as well as news agency as through many media: television, radio, press, internet and books.

In 2008, the group Bloomberg LP employed about 10.000 employees present in more than 130 countries.

In 2001, Michael Bloomberg, anxious to avoid the democratic primary, chose to run as a candidate in the election of the New York Mayor for the Republican Party. He spent $ 70 million of his personal fortune in order to campaign. He won the election in November 2001 with 50 % of the vote against Democrat Mark Green.

On November 8, 2005, Michael Bloomberg is re-elected for a second term of office for a period of 4 years with 59 % of the vote against Fernando Ferrer. He invested $ 50 million to win.

Michael Bloomberg active positions

CompaniesPositionStart
Corporate Officer/Principal 2001-12-31
Chairman 2011-01-30
Director/Board Member 2018-04-29
Chief Executive Officer -
Chairman -
All active positions of Michael Bloomberg

Former positions of Michael Bloomberg

CompaniesPositionEnd
Chief Executive Officer 2023-08-20
City of New York (New York) Head of Government 2013-12-30
The Johns Hopkins University Chairman 2002-12-30
Chief Executive Officer 2000-12-31
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See the detail of Michael Bloomberg's experience

Training of Michael Bloomberg

Harvard University Masters Business Admin
The Johns Hopkins University Undergraduate Degree

Experiences
Positions held

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See the detail of Michael Bloomberg's experience

Connections

100 +

1st degree connections

22

1st degree companies

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Linked companies

Private companies20
Salomon Brothers Asset Management, Inc.

Finance

Consumer Services

City of New York (New York)

Government

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Consumer Services

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Consumer Services

Technology Services

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Consumer Services

Commercial Services

Consumer Services

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Consumer Services

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Commercial Services

Commercial Services

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