Share

Michael Bloomberg biography

1 photo

Quick Facts

Best Known For

Michael Bloomberg is a billionaire buisnessman and a three-term mayor of New York City.


Quiz

Think you know about Biography?

Answer questions and see how you rank against other players.

Play Now

Synopsis

Michael Bloomberg was born on February 14, 1942, in Boston, Massachusetts. Bloomberg put himself through Johns Hopkins and Harvard and became a partner at Salomon Brothers. He started his own company which revolutionized the distribution of financial information and made him a billionaire. In 2002, Bloomberg became mayor of New York City. He was re-elected for a second, then a controversial third term.

Early Life

Michael Rubens Bloomberg was born on February 14, 1942, in Boston, Massachusetts. The son of a bookkeeper, Bloomberg put himself through Johns Hopkins University and Harvard University, where he earned a Master of Business Administration degree in 1966. His first Wall Street job was with Salomon Brothers, where he quickly climbed the ladder, becoming partner in 1972.

Bloomberg L.P.

When Salomon Brothers was bought in 1981, Bloomberg started his own company, Bloomberg L.P., built around a financial information computer that revolutionized the way securities data was stored and consumed. The company was enormously successful and soon branched into the media business with more than 100 offices worldwide. As one of the wealthiest men in the world, Bloomberg chose to turn his attentions to philanthropy, with an emphasis on education, medical research and the arts.

New York Mayor

Bloomberg entered the political arena in 2002, when he won election as the 108th mayor of New York. Considered a liberal Republican, Bloomberg is pro-choice and in favor of legalizing same-sex marriage. His most popular program as mayor was establishing a 311 telephone line that put callers in contact with the city, allowing them to report crimes, trash problems, or anything else. Bloomberg was re-elected mayor in November 2005.

Controversially, in 2008 Bloomberg was able to push through legislation allowing him to run for a third term as mayor, citing that the particularly difficult economic climate and his financial skills warranted his remaining in office. After spending an unprecedented amount of his own money (upwards of $90 million) on the campaign Bloomberg secured a third four-year term in November of 2009.

Bloomberg published an autobiography, Bloomberg by Bloomberg, in 1997. He and his former wife, Susan Brown, have two daughters, Georgina and Emma.

© 2013 A+E Networks. All rights reserved.

ADVERTISEMENT
16466704 16466704
profile id: 16466704
profile name: Michael Bloomberg
profile occupation:
related profile id: 16466704
related profile name: Michael Bloomberg
related profile occupation:
related profile img: /imported/images/Biography/Images/Profiles/B/Michael-Bloomberg-16466704-1-402.jpg
related profile URL: /people/michael-bloomberg-16466704
profile
pop
Your Connections

Sign in with Facebook to see how you and your friends are connected to famous icons.

specific profile connection
Your Friends' Connections
specific friend connection
Profile Connections
    Show More Connections
    Included In These Groups
    • Generous Donors

      They spent their lives amassing millions—sometimes even billions—then promised to give most of it away. Here are a few of the wealthiest one percent who have promised the majority of their fortunes to philanthropies and charitable organizations. Through their example, maybe more moguls will take up the banners of bigger causes.

      View group

      Generous Donors 10 people in this group

    • Political Party Crashers

      A good party always has some surprises—and that goes for political parties, too. Though the United States has had a two-party system for most of its history, party loyalty is not always written in stone. Over the years many politicians have switched sides, for ideological, political, and strategic reasons. Here are some of the politicians who have crossed to the other side of the aisle.

      View group

      Political Party Crashers 22 people in this group

    • Eagle Scouts

      Incorporated in 1910, the Boy Scouts of America was founded with the aim of instilling ethics and morals into the lives of young boys. A Scout is a "trustworthy, loyal, helpful, friendly, courteous, kind, obedient, cheerful, thrifty, brave, clean, and reverent," boy who, above all, strives to "be prepared" and "do his best." The highest order of these Boy Scouts are the Eagle Scouts, a rare group of young men who rise through the scouting ranks to earn 21 merit badges, serve for six months in a troop leadership position, and successfully complete a strict Eagle Scout board of review, among other requirements.

      The first Eagle Scout to complete this training was 17-year-old Arthur R. Eldred, on September 2, 1912. Since then, more than 2 million Boy Scouts have earned the coveted rank. Here are some of the most famous of the honorable young men who made it to the top of the Boy Scouts program.

      View group

      Eagle Scouts 26 people in this group

    See all related groups

    Michael Bloomberg's Feed

    ADVERTISEMENT

    Celebrity Connections

    Show More Connections
    Fact Check: We strive for accuracy and fairness. If you see something that doesn't look right, contact us!