Michael Bloomberg

Published on
Full Name Michael Bloomberg
Age 77 Years Old
Nick Name Michael Bloomberg
Gender Male
Famous As Political Pundit
Birth Date February 14, 1942
Birth Place Brighton, Massachusetts
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Michael Rubens Bloomberg famed as Mike Bloomberg is a famous American politician, businessman, as well as an author. He has joined The Giving Pledge, whereby billionaires pledge to give away at least half of their wealth. He is the co-founder, CEO, and owner of Bloomberg L.P., global financial services, software, and mass media company that bear his name, and is known for its Bloomberg Terminal, a computer software system providing financial data widely used in the global financial services industry. He served as the 108th mayor of New York City, holding office for three consecutive terms, beginning his first in 2002. His final term as mayor ended on 31st December 2013. He announced on 24th November 2019, that he was seeking that Democratic Party's nomination in the 2020 presidential election. As of November 2019, his net worth was estimated at $58 billion which makes him the 9th richest person in the United States and the 14th richest person in the world. His recent campaign makes absolutely no sense. He has finally scratched the presidential itch he’s had for nearly a decade. He enters a race without much voter appeal. Only 2 percent of Democratic primary voters favor him according to the RealClearPolitics national polling average. He is already shifting leftward to match up with the modern Democratic Party’s leanings. He apologized for the “stop-and-frisk” policy of the New York City Police Department during his mayoralty in an effort to court African American voters. The differences between Donald Trump’s 2016 improbable candidacy and what Bloomberg is trying to pull off are telling. Previously in March, he said he wouldn’t run because he was “clear-eyed about the difficulty of winning the Democratic nomination in such a crowded field.” 

Michael Bloomberg: Bio, Early Life, Age, Birthday, Parents, Education, Sister

On 14th February 1942, Michael Bloomberg was born as Michael Rubens Bloomberg. His parents, William Henry and Charlotte Bloomberg welcomed him in Brighton, Massachusetts, the U.S. His father worked as an accountant for a dairy company. His younger sister, Marjorie Tiven, has been Commissioner of the New York City Commission for the United Nations, Consular Corps, and Protocol, since February 2002. As of 2019, he celebrated his 77th birthday with his friends and relatives. His family is Jewish. He is a member of the Emanu-El Temple in Manhattan. The family lived in Allston until he was two years old. Later, they moved to Brookline, Massachusetts for the next two years, finally settling in the Boston suburb of Medford, Massachusetts, where he lived until after he graduated from college. He attended Harvard Business School and later he went to Johns Hopkins University for further study. He joined the fraternity Phi Kappa Psi. In 1962, as a sophomore, he constructed the school mascot's (the blue jay's) costume. He graduated in 1964 with a Bachelor of Science degree in electrical engineering. In 1966 he graduated from Harvard Business School with a Master of Business Administration. His nationality is American and his ethnicity is Mixed of Jewish-American. His sun sign is Aquarius and his religion is Judaism. 

Michael Bloomberg: Height, Weight, Body Stats

Michael Bloomberg is a very handsome and good-looking person. At the age of seventy-seven, he still looks very young. His body build is average. He has a tall height of 5 ft 8 in or 1.73 whereas his weight consists of 76 Kg. His hair color is Greyish-White and his eye color is Blue. His shoe size is 9 UK. His body measurement is 44-32-37 in. His biceps size is 15. Overall, he has got a healthy body and he maintained his body a lot. 

Michael Bloomberg: Business Career

  • Michael became a general partner at Salomon Brothers in 1973 where he headed equity trading. 
  • Later, Salomon Brothers were bought by Phibro Corporation in 1981. 
  • He was given no severance package but owned $10 million worth of equity as a partner at the firm.
  • He went on to set up a company named Innovative Market Systems using the same money. 
  • In the year 1982, Merrill Lynch became the new company's first customer, installing 22 of the company's Market Master terminals and investing $30 million in the company. The company was renamed Bloomberg L.P. in 1987.
  • The company had more than 325,000 terminal subscribers worldwide as of October 2015. 
  • His company also has a radio network which currently has 1130 WBBR AM in New York City as its flagship station. 
  • Later, he left the position of CEO to pursue a political career as the mayor of New York City.
  • Then, he was replaced as CEO by Lex Fenwick. 
  • In fall 2014, he announced that he would return to Bloomberg L.P. as CEO at the end of 2014.
  • He remains the CEO of Bloomberg L.P.
  • He wrote an autobiography, with help from Bloomberg News Editor-in-Chief Matthew Winkler, called Bloomberg by Bloomberg

Michael Bloomberg: Political Career

  • He assumed office as the 108th Mayor of New York City on 1st January 2002. 
  • He then won re-election in 2005 and again in 2009.
  • He joined Rudy Giuliani and Fiorello La Guardia as re-elected Republican mayors in the mostly Democratic city.
  • He maintains a public listing in the New York City phone directory and during his term as mayor, he lived not in Gracie Mansion.
  • He stated that during his mayoralty, he rode the New York City Subway on a daily basis, particularly in the commute from his 79th Street home to his office at City Hall. 
  • He took a ceremonial ride on a train to the new 34th Street station to celebrate a part of his legacy as mayor on 20th December 2013. 
  • In the rescheduled primary, he defeated Herman Badillo, a former Democrat Congressman, to become the Republican nominee.
  • He spent $73 million of his own money on his campaign, outspending Green five to one.
  • He had the ballot line of the controversial Independence Party, in which "Social Therapy" leaders Fred Newman and Lenora Fulani exert a strong influence. 
  • He handily beat Green in that borough, taking 75 percent of the vote and he won 50 percent to 48 percent.
  • His election marked the first time in New York City history that two different Republicans had been elected mayor consecutively.
  • He is considered a social liberal, who is pro-choice, in favor of legalizing same-sex marriage and an advocate for stricter gun control laws.
  • He was re-elected mayor in November 2005 by a margin of 20 percent and he spent almost $78 million on his campaign, exceeding the record of $74 million he spent on the previous election.
  • He gave the Independence Party of New York $250,000 to fund a phone bank seeking to recruit volunteers for his re-election campaign in late 2004 or early 2005.
  • He opposed the confirmation of John Roberts as Chief Justice of the United States.
  • He announced on 2nd October 2008 that he would seek to extend the city's term limits law and run for a third mayoral term in 2009.
  • He then defeated Thompson by a vote of 51% to 46%. 
  • In January 2010, it was reported that Bloomberg had made two $600,000 contributions from his personal account to the Independence Party on October 30 and 2nd November 2009.
  • He announced that he would not endorse any of the candidates to succeed him on 13th September 2013. 
  • He backed an effort by Governor Cuomo to decriminalize the possession of small amounts of marijuana in 2012. 
  • On November 17, 2019, while speaking in Brooklyn's African American-dominated Christian Cultural Center, he renounced his previous support for stop-and-frisk and issued an apology.
  • He made plans to give $80 million to support Democratic congressional candidates in the 2018 election in June 2018. 
  • He announced that he had changed his political party affiliation to Democrat, which he had previously been registered as prior to 2001 in October 2018. 
  • He had committed more than $100 million to return the House and Senate to Democratic power, fueling speculation about a presidential run in 2020.
  • He announced that he would not run for president in 2020 on 5th March 2019. 
  • He again announced the official start of his campaign on 24th November 2019. 

Michael Bloomberg: Marital Status, Wife, Child, Dating 

Previously, Michael is a married person. In the year 1975, Bloomberg married Susan Elizabeth Barbara Brown, a British national from Yorkshire, United Kingdom. They also had two daughters: Emma (born c. 1979) and Georgina (born 1983), who were featured on Born Rich, a documentary film about the children of the extremely wealthy. He then divorced Brown in the year 1993, but he has said she remains his "best friend." He and his daughters own houses in Bermuda and stay there frequently. His daughter Emma is married to Christopher Frissora, son of billionaire businessman Mark Frissora. 

Diana Taylor is his present girlfriend. Since 2000, they had been dating. His girlfriend understands his profession and gives him the freedom to do his work the way he wants. Both of them respect each other and it’s visible. The couples are less likely to separate. There are no other relationships or affairs related to him. There is a lack of information about how they met but they are still together and going strong with the passage of time. 

Michael Bloomberg: Net Worth, Salary, Earnings

The net worth of this famous and well-known politician will be surely in millions. As of 2019, his net worth is believed to have $58 Million according to sources. But his exact salary is under review but there is no doubt in the mind of his follower that he must be earning a considerable amount of salary from his work. In the year 2013, he owned 13 properties in various countries around the world, including a mansion built in the Georgian style. His major source of earning is from his political career and he is satisfied with his earnings. 

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