Michael Bloomberg Net Worth is$25 Billion
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Profession: Politician, Entrepreneur, Philanthropist, Businessperson, Mayor
Date of Birth: Feb 14, 1942
Nicknames: Mayor Michael R. Bloomberg, Michael Rubens Bloomberg
Ethnicity: Jewish people
Country: United States of America
Michael Rubens Bloomberg is the Mayor of New York City and the founder and 88% owner of Bloomberg LP, a financial news and information services media company. He is also the wealthiest man in New York and the 10th richest man in America. His estimated net worth is $25 billion. Born on February 14, 1942 in Boston, Massachusetts he achieved success very quickly. In fact, he became a General Partner with the Salomon Brothers brokerage firm while still quite young. The firm discharged him in 1981 and he received a severance package worth $10 million which he used to start his business empire. Although a lifelong Democrat, Bloomberg switched parties in 2001 and ran for Mayor as a Republican. In 2008, after serving two terms, he pressured the City Council to change the rules so that he could run for a third term. He won. Michael Bloomberg is an extremely generous philanthropist and has given over $300 million to Johns Hopkins University. He has also written his autobiography, "Bloomberg by Bloomberg."
Michael Rubens Bloomberg (born February 14, 1942) is the current Mayor of New York City. With a net worth of $19.5 billion in 2011, he was the 12th-richest person in the United States. Michael Bloomberg net worth is $25 billion as of September 2012 and he is the 10th richest person in US. He is the founder and 88% owner of Bloomberg L.P., a financial news and information services media company.
A Democrat before seeking elective office, Bloomberg switched his registration in 2001 and ran for mayor as a Republican, winning the election that year and a second term in 2005. Bloomberg left the Republican Party over policy and philosophical disagreements with national party leadership in 2007 and ran for his third term in 2009 as an independent candidate on the Republican ballot line. He was frequently mentioned as a possible independent candidate for the 2008 presidential election, which fueled further speculation when he left the Republican Party. There was also speculation that he would run as a vice-presidential candidate. Bloomberg did not, however, seek the presidency nor was he selected as a running mate by any of the presidential candidates.
In the fall of 2008, Bloomberg successfully campaigned for an amendment to New York City's term-limits law, in order to allow him to run for a third term in 2009. Bloomberg won the election on November 3, 2009.
He was born at St. Elizabeth's Hospital in the Brighton neighborhood of Boston on February 14, 1942. His family was Jewish. His father, William Henry Bloomberg (1906-1963), was a real estate agent, and the son of Alexander "Elick" Bloomberg, an immigrant. His mother, Charlotte Rubens Bloomberg, was born on January 2, 1909, in New Jersey, the daughter of a Russian-born immigrant and a New Jersey-born mother. She died, aged 102, on June 19, 2011.
The family lived in Allston, Massachusetts, until Michael Bloomberg was two years old; they then moved to Brookline, Massachusetts, for the next two years, finally s

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Michael Bloomberg Latest News

Once a mayor himself, free-spending Bloomberg is helping Pugh and other mayors solve their problems

Michael Bloomberg was mayor of New York and now, according to Baltimore Mayor Catherine Pugh, a mentor to her and a source of money and wisdom for the beleaguered city. (Amy Davis, Jerry Jackson / Baltimore Sun)
Posted: August 6, 2017, 9:12 pm

Bloomberg Charity Funds Center To Aid State AGs In Climate Change Fight

Bloomberg Philanthropies, former New York City Mayor Michael Bloomberg’s charity, has donated nearly $6 million to New York University School of Law to launch a center to help state attorneys general defend policies to combat climate change and protect ...
Posted: August 17, 2017, 11:23 am

Mike Bloomberg's New Frontier For Fighting Climate Change: Coral Reefs

50 Reefs, a $2 million initiative funded by Michael Bloomberg, Microsoft cofounder Paul Allen and the Tiffany Co. Foundation, launched a platform on Thursday to take non-divers to the world’s biggest coral reefs — without getting them wet. Instead of a ...
Posted: August 12, 2017, 5:00 am

Georgina and Michael Bloomberg to be Honored for Philanthropy at Ortho FOCOS Gala

Press Release – New York, NY (August, 2017) – The Foundation of Orthopedics and Complex Spine announced today that philanthropist, equestrian and author Georgina Bloomberg and her father, former 3-term New York City Mayor and philanthropist Michael ...
Posted: August 10, 2017, 1:00 am

Bloomberg pop tax ad called “act of desperation”

Sneed has learned former New York Mayor Michael Bloomberg is unloading his Super PAC big-time to back Cook County Board President Toni Preckwinkle’s soda tax. The billionaire Bloomberg is one of the few who has the resources and political savvy to fight ...
Posted: August 17, 2017, 1:00 am
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