Michael Bloomberg Net worth

Source of wealth: CEO of Bloomberg L.P

  • Michael Bloomberg co-founded financial information and media company Bloomberg LP in 1981.
  • He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues of $10 billion.
  • After earning his M.B.A. from Harvard, Bloomberg got a job in 1966 in “The Cage” at Salomon Brothers, where he counted out securities by hand.
  • He worked his way up to general partner but was fired in 1981 after 15 years at Salomon.
  • An active philanthropist, he has donated $8 billion to gun control, climate change and other causes.
  • The mayor of New York City for 12 years, Bloomberg is one of just four individuals to have served that long.
Former New York City Mayor and possible 2020 Democratic presidential candidate Michael Bloomberg speaks at the Institute of Politics at Saint Anselm College in Manchester, New Hampshire, U.S., January 29, 2019. REUTERS/Brian Snyder – RC1FC18A53C0

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