Michael Bloomberg net worth, How did the businessman acquire his wealth? Check this article to find out more about Michael Bloomberg Net Worth, his career and relationship.
About Michael Bloomberg
Michael Bloomberg is one of the wealthiest people in the world, as he is the majority owner and founder of the global financial media and data company Bloomberg L.P.
As of 2019, Michael Bloomberg net worth is $56 billion. Read on to find out more about Michael Bloomberg net worth.
|Full Name:||Michael Bloomberg|
|Date of Birth:||February 14, 1942|
|Net Worth:||$56 billion|
Michael Bloomberg Early Life and Career
Michael Bloomberg was given birth to on February 14, 1942, in Boston Massachusetts.
After completing high school, he attended John Hopkins University and graduated in 1964 with a bachelor of science degree in electrical engineering.
After getting his bachelor’s degree, he attended Harvard Business School and graduated in 1966 with a master’s degree in business administration.
After graduating from college in 1966, he took a job at Salomón Brothers, which was a Wall Street investment bank.
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Mike Bloomberg is mulling a run for president in 2020 as a Democrat, sources close to the former mayor say. He announced last week that he’d pump $80 million of his vast personal fortune to aid Democrats in the congressional midterm elections this year. “That’s an indication of where his head is at,” said an insider. (📸: Getty)
While working there, he began to move up the ranks within the company and eventually became a general partner is 1973.
In 1981 the bank was purchased by Phibro Corporation, and he was fired and received a $10 million severance package.
In 1982 using the money from the severance package he established ‘Innovative Market Systems’ his very own financial data service firm. He was even able to get Merrill Lynch the wealth management division from the Bank of America as a customer.
The company turned out to be a huge success and was named Bloomberg L.P. in 1987, and it now has other things like Bloomberg Message and Bloomberg News.
Although, Bloomberg would soon be gone to pursue his political career. He won his first election while running for mayor in 2002 and he also won the following election in 2005 and again in 2009.
For the most part, Bloomberg has shown that he is socially liberal and supports things such as abortion rights, citizenship for illegal immigrants, and same-sex marriage.
Michael Bloomberg Net Worth
As of 2019, Michael Bloomberg net worth is one of the highest among businessmen in the world, with a net worth of $56 billion.
In addition to being a world-famous businessman, he is also known for having been the mayor of New York City multiple times and being a respected philanthropist.
Michael Bloomberg Personal Life
Michael Bloomberg is one of the wealthiest men in the world and has earned a lot of his fortune through his own company.
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