Mike Bloomberg

Person

An American businessman, politician, and philanthropist who served as the 108th mayor of New York City. He is cited as the last best example of effective, strong governance in a major city.


First Mentioned

10/3/2025, 4:44:51 AM

Last Updated

10/3/2025, 4:49:06 AM

Research Retrieved

10/3/2025, 4:49:06 AM

Summary

Michael Rubens Bloomberg, born February 14, 1942, is an American businessman and politician renowned as the majority owner and co-founder of Bloomberg L.P., a prominent financial information, software, and media firm. He served as CEO of Bloomberg L.P. from 1981 to 2001 and again from 2014 to 2023. Bloomberg also held the office of the 108th mayor of New York City for three consecutive terms, from 2002 to 2013, where his effective governance focused on public charter schools, urban infrastructure, gun control, public health, and environmental protection. A graduate of Johns Hopkins University and Harvard Business School, he began his career at Salomon Brothers. He was a candidate for the 2020 Democratic presidential nomination, self-funding a record $935 million for his campaign. As of May 2025, his net worth was estimated at $104.7 billion, and he has donated $17.4 billion to philanthropic causes. In 2024, he received the Presidential Medal of Freedom.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Awards

    Presidential Medal of Freedom (2024)

  • Full Name

    Michael Rubens Bloomberg

  • Alma Mater

    Johns Hopkins University, Harvard Business School

  • Nationality

    American

  • Date of Birth

    1942-02-14

  • Place of Birth

    Medford, Massachusetts, USA

  • Primary Occupation

    Businessman, Politician

  • Estimated Net Worth

    $104.7 billion (as of May 2025)

  • Lifetime Philanthropic Donations

    $17.4 billion

  • Political Party (2020 Presidential Run)

    Democratic Party

Timeline
  • Born Michael Rubens Bloomberg in Medford, Massachusetts. (Source: summary, Wikipedia)

    1942-02-14

  • Co-founded Bloomberg L.P. and began his first tenure as its CEO. (Source: summary, Wikipedia)

    1981

  • Concluded his first tenure as CEO of Bloomberg L.P. and was elected the 108th Mayor of New York City. (Source: summary, Wikipedia)

    2001

  • Served three consecutive terms as the 108th Mayor of New York City, implementing policies on public charter schools, urban infrastructure, gun control, public health, and environmental protection. (Source: summary, Wikipedia)

    2002-2013

  • Won re-election as Mayor of New York City. (Source: Wikipedia)

    2005

  • Won re-election as Mayor of New York City. (Source: Wikipedia)

    2009

  • Re-assumed the position of CEO at Bloomberg L.P. (Source: summary, Wikipedia)

    2014

  • Officially launched his campaign for the 2020 Democratic nomination for president of the United States. (Source: Wikipedia)

    2019-11

  • Ended his 2020 presidential campaign, having self-funded a record $935 million. (Source: Wikipedia)

    2020-03

  • Concluded his second tenure as CEO of Bloomberg L.P. (Source: summary, Wikipedia)

    2023

  • Received the Presidential Medal of Freedom from President Joe Biden. (Source: summary, Wikipedia)

    2024

  • His net worth was estimated at US$104.7 billion. (Source: summary, Wikipedia)

    2025-05

Michael Bloomberg

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. He served as the 108th mayor of New York City for three terms, from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States. Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University, in Baltimore, Maryland, and Harvard Business School in Boston, Massachusetts. He began his career at the securities brokerage firm Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. According to Forbes, as of May 2025, Bloomberg's estimated net worth stood at US$104.7 billion, making him the 18th richest individual in the world. Bloomberg, who has signed the Giving Pledge, has given away $17.4 billion to philanthropic causes in his lifetime. After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by the end of 2014. Bloomberg was elected the 108th mayor of New York City in 2001. He held office for three consecutive terms, winning re-election in 2005 and 2009. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. As the mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. He has also faced significant criticism for the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run. In November 2019, four months before Super Tuesday, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election. He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $935 million for his candidacy, which set the record for the most expensive presidential primary campaign and highest spending in any political capacity by a single individual in U.S. history. In 2024, Bloomberg received the Presidential Medal of Freedom from President Joe Biden.

Web Search Results
  • News Archive | Mike Bloomberg

    ### Op-Ed: RFK Jr. Is Sabotaging President Trump’s Health Legacy ### Op-Ed: RFK Jr. Is Making America Sick Again. ### Statement of Michael R. Bloomberg on Andrew Cuomo ### Statement of Michael R. ### Op-Ed: America Is Headed for a Grim Fiscal Reckoning Improving it for the workers in the nation’s economic capital benefits all Americans. ### UN Special Envoy Michael R. Bloomberg Announces Effort to Ensure U.S. Honors Paris Agreement Commitments Bloomberg Philanthropies and other U.S. climate funders will ensure the United States meets its global climate obligations following the federal government’s intent to withdraw from the Paris Agreement for the second time. ### Statement of Michael R. When we work together, and place country over party, there is nothing Americans can’t do.

  • Michael Bloomberg - Wikipedia

    Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg LP

  • About | Mike Bloomberg

    Bloomberg is an entrepreneur and three-term mayor of New York City whose innovations in business, government, and philanthropy have made him a global leader on climate change, public health, education, and other critical issues facing America and the world. Bloomberg is an entrepreneur and three-term mayor of New York City whose innovations in business, government, and philanthropy have made him a global leader on climate change, public health, education, and other critical issues facing America and the world. As Mayor, Mike Bloomberg created innovative plans to fight climate change and promote sustainable development, which helped cut the city€™s carbon footprint by 13 percent. As Mayor, Mike Bloomberg created innovative plans to fight climate change and promote sustainable development, which helped cut the city€™s carbon footprint by 13 percent.

  • Mike Bloomberg

    Bloomberg is an entrepreneur and three-term Mayor of New York City whose innovations in government and philanthropy have made him a global leader on climate change, public health, education, and other critical issues facing America and the world. Bloomberg was elected mayor just weeks after the attacks of September 11, 2001, and, under his leadership, New York City rebounded faster and stronger than expected. As mayor, Mike and his team brought New York back from 9/11 and led the city through a new era of progress and prosperity. Bloomberg Philanthropies encompasses all of Mike Bloomberg’s giving, working to ensure better, longer lives for the greatest number of people around the world. Bloomberg Philanthropies invests in 700 cities and 150 countries around the world, and in 2024 distributed $3.7 billion.

  • Michael R. Bloomberg

    Founder of Bloomberg L.P. and Bloomberg Philanthropies, and three-term Mayor of the City of New York Bloomberg is an entrepreneur and three-term Mayor of New York City whose innovations in government and philanthropy have made him a global leader on climate change, public health, education, and other critical issues facing America and the world. Throughout his career, he has been strongly committed to giving back through Bloomberg Philanthropies, which employs a unique, data-driven approach to its core focus areas: the Arts, Education, the Environment, Public Health, Government Innovation, and the Greenwood Initiative, which aims to accelerate the pace of wealth accumulation in Black communities and address systemic underinvestment in them.