Michael Bloomberg is a businessman, politician, author and a philanthropist from the United States. He is the current chief executive officer of “Bloomberg L.P”, and he is a former New York mayor. Keep reading to know more about Michael Bloomberg’s net worth in 2018.
Michael Bloomberg Early Life
Michael Rubens Bloomberg was born on February 14, 1942 in Brighton, Boston, Massachusetts, United States. His father William Henry Bloomberg worked for a diary company as its accountant and he was a real estate agent but he died in 1963, and his mother Charlotte Rubens Bloomberg died in 2011.
Michael Bloomberg’s grandfather Alexander “Elick” Bloomberg was born and Russia and immigrated to the United States. His sister Marjorie Tiven is a well-known politician and philanthropist. Michael Bloomberg was mostly grown and raised in Massachusetts, he lived in Allston, Brookline and Medford. He finished his schooling from the Medford High School. Michael Bloomberg graduated from the Johns Hopkins University with an Electrical Engineering Bachelor of Science degree, and 2 years later he got his MBA from the Harvard Business School.
Michael Bloomberg was first married to British Susan Brown. They got married in 1975 and divorced in 1993. Michael and Susan gave birth to 2 daughters, Emma Bloomberg and Georgina Bloomberg. Michael Bloomberg has been with Diana Taylor since 2000. Diana Taylor was called the first lady of New York City.
Michael Bloomberg Career, Awards & Achievement
For his career in business, Michael Bloomberg was first one of the partners of an investment bank named “Salomon Brothers”, which is also a bulge bracket. He was their head of stock trading, and later their systems development head. In 1981, “Salomon Brothers” was sold and Michael was not given anything, yet he had millions of ownership in equity as one of their partners.
Michael Bloomberg later found a company naming it “Innovative Market Systems”. By that time, all businesses wanted to pay a lot for high quality and fast delivered business information. “Merrill Lynch” invested in the company 30 million. In 1987, “Innovative Market Systems” was renamed to “Bloomberg L.P.”. Michael Bloomberg currently is the company’s chief executive officer, he had and left the position multiple times for his politics work but he’s been there since 2014.
As a politician, from 2002 – 2013 Michael Bloomberg was elected and re-elected 3 times as the mayor of New York. Furthermore, he has authored several books and the most recent ones are titled “We Build the City: NYC’s Design + Construction Excellence Program”, and “Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet” which he co-authored along with Carl Pope.
Awards & Achievements
Michael Bloomberg has been receiving many great honors and awards since decades. He was honored with a Public Service honorary degree from the Tufts University and a Doctor of Humane Letters honorary degree from the Bard College.
Michael Bloomberg has a doctorate of laws honorary degree from the University of Pennsylvania and the Barnard Medal of Distinction honor from the Barnard College. Other than the school honors and awards he received, Michael Bloomberg is considered as one of the world’s most influential people and as one of the top influential philanthropists and entrepreneurs of all time.
Net Worth of Michael Bloomberg
The estimated net worth of the businessman, politician, author and a philanthropist Michael Bloomberg is $50 billion. He made his billions from the company he found “Bloomberg L.P” and he currently works as its chief executive officer. Michael Bloomberg was also the New York mayor for 3 terms.
Michael Bloomberg is a very talented and smart businessman and politician. He began his career with an investment band called “Salomon Brothers”, and then found “Bloomberg L.P” which was first named “Innovative Market Systems”. Michael Bloomberg is currently with Diana Taylor and they are happy together.