Michael Bloomberg net worth
Current Net Worth – $82 Billion (USD – 8,200 Crores), (Rupees – 6.35 Lakh Crores)
Michael Bloomberg short biography
| Net Worth | $82 Billion |
|---|---|
| Born | February 14, 1942 (Age – 79) |
| Identified as | American Businessman, Author & Philanthropist |
| Status | Owner and Co-Founder of Bloomberg L.P. |
| Education | Harvard Business School, Master of Business Administration; Johns Hopkins University, Bachelor of Arts/Science |
| Nationality | United States |
| Residence | New York |
| Spousal status | Married (Susan Brown) |
| Children | 2 |
Michael Rubens Bloomberg has a net worth of $82 Billion (Rupees – 6,35,611 Crores), making him one of the richest men in the world after Alice Walton, Rob Walton, and Mackenzie Scott.
Bloomberg L.P. is his company, and he is the main owner and co-founder.
Bloomberg L.P. is a privately held financial, software, data, and media firm based in New York City’s Midtown district.
He is a businessman, author, and politician too, from the United States.
He invested the firm’s initial money and currently controls 88 percent of the corporation, which has revenues of more than $10 billion.
Forbes rated him the sixteenth richest person in the world in 2020, with an estimated net worth of $48 billion as of April 2020.
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Michael Bloomberg biography
| Full Name | Michael Bloomberg |
| Birthplace | Boston, Massachusetts, U.S. |
| Height | 5.8 feet, 176 cm |
| Weight | 70 Kg |
| Father | William Henry Bloomberg |
| Mother | Charlotte Rubens Bloomberg |
Bloomberg was born in the Brighton district of Boston on February 14, 1942, to William Henry Bloomberg, a bookkeeper for a dairy business, and Charlotte Bloomberg.
Rabbi Alexander Bloomberg, Bloomberg’s paternal grandfather, was a Polish Jew.
Bloomberg’s family resided in Brookline, Massachusetts, for two years before settling in Medford, Massachusetts, a Boston suburb, where he remained until he graduated from college.
His social media handles:
As COVID-19 devastated communities around the world, the opioid epidemic continued to dramatically impact American lives with a 30% increase in numbers of deaths in 2020.
With so many lives at stake, we need to come together to bring an end to this crisis. https://t.co/VfSwmrUNkW— Mike Bloomberg (@MikeBloomberg) July 14, 2021
Education
In 1960, he graduated from Medford High School. He moved on to Johns Hopkins University.
Bloomberg attended Johns Hopkins University and Harvard Business School.
He earned a Bachelor of Science degree in electrical engineering in 1964.
He earned his Master of Business Administration (MBA) from Harvard Business School in 1966.
Career
In 1966, Bloomberg began his career on Wall Street as an entry-level employee at investment bank Salomon Brothers.
In 1973, Bloomberg joined Salomon Brothers, a prominent Wall Street investment bank, as a general partner, where he oversaw systems development.
In 1981, Phibro Corporation purchased Salomon Brothers, and the new management dismissed Bloomberg after paying him $10 million for his stock.
Bloomberg starts Innovative Market Systems, a data services company based on his belief that Wall Street would pay a premium for high-quality business information.
He had designed in-house computerized financial systems for Salomon.
The company provided Wall Street firms with customized computer terminals that provided real-time market data and financial computations.
The terminal, formerly known as the Market Master terminal, was initially shown to the public in December 1982.
The firm was renamed Bloomberg L.P. in 1986.
Bloomberg Message, Bloomberg News, Bloomberg Tradebook and Bloomberg Radio are just a few of the auxiliary products that have been created throughout the years.
In 2018, Bloomberg, L.P. generated roughly $10 billion in revenue.
As of 2019, the firm employs 20,000 employees in dozens of locations and has over 325,000 terminal subscribers globally.
After leaving his post as CEO to pursue a political career as the mayor of New York City, Bloomberg was succeeded by Lex Fenwick.
Bloomberg’s fortune was reported to be $16 billion in March 2009, up to $4.5 billion from the previous year.
Private & early life
In 1975, Bloomberg married Susan Elizabeth Barbara Brown, a British national from Yorkshire, United Kingdom.
They have two daughters: Emma and Georgina.
He divorced Brown in 1993, but he has said she remains his “best friend.
He has been living with Diana Taylor, the former New York state banking supervisor, since 2000.
Philanthropy
Bloomberg joined The Giving Vow in August 2010, in which the affluent pledge to give away at least half of their fortune.
In 2018, he pledged $767 million through the Foundation.
Bloomberg remarked of his $254 million donations to over 1,400 charitable groups in 2009.
Awards
| Year | Award |
|---|---|
| 2004 | Golden Plate Award |
| 2008 | Barnard College’s Barnard Medal |
| 2009 | Healthy Communities Leadership Award |
| 2010 | Bestowed honorary degrees on Bloomberg |
| 2010 | U.S. Senator John Heinz Award |
| 2020 | Invited to give a speech to the Johns Hopkins |
Net worth statistics
- October 2016 – $45.0 B
- March 2017 – $47.5 B
- October 2017 – $46.8 B
- March 2018 – $50.0 B
- October 2018 – $51.8 B
- March 2019 – $55.5 B
- October 2019 – $53.4 B
- April 2020 – $48.0 B
- September 2020 – $55.0 B
- April 2021 – $59.0 B
- April 2022 – $82 B
Michael Bloomberg Quote
“I do think there are certain times we should infringe on your freedom.”
– Michael Bloomberg
