Michael Bloomberg's Biography

Michael Bloomberg is an American businessman, philanthropist, and former politician, best known as the founder and majority owner of Bloomberg L.P., a global financial data and media company. Born on February 14, 1942, in Boston, Massachusetts, Bloomberg earned his degrees from Johns Hopkins University and Harvard Business School before embarking on a successful career at Salomon Brothers. After being laid off, he used his severance to launch Bloomberg L.P. in 1981, revolutionizing financial data services and amassing a vast fortune. Bloomberg served three terms as the Mayor of New York City from 2002 to 2013, focusing on public health, education, and urban development. His leadership was marked by bold initiatives, but also controversies such as the stop-and-frisk policy. Beyond business and politics, Bloomberg is a committed philanthropist, donating billions to causes like climate change, public health, and education through Bloomberg Philanthropies. With a net worth estimated at $96 billion in 2024, he remains one of the world's richest individuals and an influential voice in global affairs. Bloomberg is also known for his interest in flying and often pilots his own aircraft. His legacy is defined by innovation, data-driven decision-making, and a commitment to public service.