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Michael Rubens Bloomberg is a prominent American businessman, politician, philanthropist, and author. He was born on February 14, 1942, in New York City. He was one of the founders of Bloomberg L.P. and the company’s primary owner. He was elected mayor of New York City three times between 2002 and 2013, and he ran for the Democratic candidacy for president of the United States in 2020. He served as mayor for a total of ten years.
Since June 2022, he has been the chairman of the Defense Innovation Council. This independent advisory council serves the United States Department of Defense by providing recommendations on artificial intelligence, software, data, and digital transformation.
The city of Medford, Massachusetts, was Bloomberg’s childhood home. He went on to get degrees from Johns Hopkins University and Harvard Business School.
Before establishing his own business in 1981, he started his professional life working for the financial brokerage firm Salomon Brothers. This particular corporation, Bloomberg L.P., is a financial information, software, and media company, and its most well-known product is called the Bloomberg Terminal. Bloomberg served as the company’s chairman and chief executive officer for twenty years.
Forbes placed him at number seven on their list of the 400 wealthiest people in the world in April 2023, with an estimated net worth of US$94.5 billion. He also placed him at number fourteen on their list of the Forbes 400, with a net worth of $55 billion. Since taking The Giving Pledge in 2012, Bloomberg has donated $8.2 billion to charitable organizations worldwide. In 2001, Bloomberg won the election to become the 108th mayor of New York City.
He was elected to the same seat for three terms in a row, earning reelection in 2005 and 2009. Bloomberg developed a technocratic management style while pursuing socially liberal and economically moderate policies throughout his tenure as mayor.
While Bloomberg was mayor of New York City, he oversaw the establishment of public charter schools, oversaw rebuilding urban infrastructure, and backed efforts to restrict access to firearms, improve public health, and preserve the environment.
After the terrorist attacks on September 11, he oversaw the rezoning of vast portions of the city, making it possible for enormous and widespread new construction of residential and commercial buildings. During his three stints as mayor of New York City, Bloomberg is widely regarded as having significantly impacted the city’s political and economic community and culture.
His backing for the expansion of the city’s stop-and-frisk policy, which he later renounced and apologized for before his bid for president in 2020, has also been the subject of significant criticism leveled at him. At the end of 2014, he returned to his post as CEO of Bloomberg L.P. after a short hiatus during which he worked exclusively in the charitable sector.
In November 2019, Bloomberg made the formal announcement that he would run for the Democratic nomination for president of the United States in the election that would take place in 2020. After achieving a meager 61 delegate victories, he decided to call it quits in March 2020. Bloomberg’s bid for the presidency of the United States was self-funded to $935 million, making it the most costly primary election campaign in U.S. history.
Jewish heritage runs in Bloomberg’s family, and he often attends services at Manhattan’s Temple Emanu-El. Rabbi Alexander “Elick” Bloomberg, Bloomberg’s paternal grandfather, was a member of the Jewish community in Poland. Max Rubens, Bloomberg’s maternal grandpa, was a Jewish Lithuanian immigrant from the country that is now Belarus. Bloomberg’s maternal grandmother was born in New York to parents who were Jewish Lithuanian immigrants.
The family moved to Brookline, Massachusetts, for two years after Bloomberg became two years old, and then ultimately settled in the Boston suburb of Medford, Massachusetts, where he remained until after he graduated from college. Bloomberg was born in Allston and lived there until he was two years old. When Bloomberg was twelve, he completed the requirements to become an Eagle Scout.
In 1960, he received his diploma from Medford High School. After that, he continued his education at Johns Hopkins University, where he became a Phi Kappa Psi fraternity member. While there, he worked on the outfit worn by the university’s mascot, the blue jay. He received his Bachelor of Science in electrical engineering in 1964 and graduated from college. In 1966, he received a Master of Business Administration (MBA) degree after completing his studies at Harvard Business School.
In 1973, Bloomberg was made a general partner at the prominent Wall Street investment firm Salomon Brothers. While there, he was in charge of stock trading and, subsequently, systems development. After the acquisition of Salomon Brothers by Phibro Corporation in 1981, the new management dismissed Bloomberg and offered him ten million dollars in exchange for his stake in the business.
Bloomberg, who had previously designed in-house computerized financial systems for Salomon, used this capital to establish a data services company that he named Innovative Market Systems (IMS). He did so based on his belief that Wall Street would be willing to pay a premium for high-quality business information that was delivered instantly on computer terminals in various usable formats.
Wall Street companies purchased specialized computer terminals from the business, providing them with real-time market data, financial computations, and other types of analytics. The device, which was at first marketed under the name Market Master terminal, was made available to consumers in December 1982. The corporation underwent a name change in 1986 and is now known as Bloomberg L.P.
Bloomberg has developed several supplementary products throughout its history, including Bloomberg News, Bloomberg Radio, Bloomberg Message, and Bloomberg Tradebook.In 2018, Bloomberg, L.P. brought in around $10 billion in revenue. As of 2019, the firm has over 325,000 terminal subscribers all over the globe and employs more than 20,000 individuals across dozens of sites.
It has been said that the atmosphere of the corporation throughout the 1980s and 1990s was similar to that of a fraternity, with workers boasting about their sexual escapades while at work in the company’s office. The business was taken to court four times by female workers who claimed they had been subjected to sexual harassment, including one instance where a victim said she had been raped.
Portable Bloomberg: The Wit and Wisdom of Michael Bloomberg was a brochure that was issued by Bloomberg’s coworkers in honor of their 48th birthday of Michael Bloomberg. Several of the numerous sayings ascribed to him have later been condemned for being sexist or misogynistic, which is true of several phrases.
Bloomberg was succeeded as CEO by Lex Fenwick then, following initial service as deputy mayor under Bloomberg, by Daniel L. Doctoroff, after the latter had previously worked under Bloomberg. Bloomberg resigned from his job as CEO to pursue a political career as the mayor of New York City. Following the conclusion of his third and last term as Mayor of New York City, Bloomberg devoted his first eight months after leaving office to working as a philanthropist full-time.
Only two years were required for Bloomberg to climb the Forbes list of the world’s billionaires, moving from 142nd to 17th place. He was estimated to have a net worth of $55.5 billion, placing him ninth on the list of the world’s wealthiest people published by Forbes in 2019. The current estimate of Bloomberg’s net worth is 59 billion dollars, which places him twenty on the list of billionaires compiled by Forbes.
On January 1, 2002, Bloomberg became the 108th Mayor of New York City and took office in that capacity. He was successful in reelection campaigns in both 2005 and 2009. At the beginning of his term as mayor, he struggled with popularity ratings as low as 24 percent; nevertheless, he eventually built and sustained strong approval ratings. Bloomberg became the fourth Republican mayor of the predominantly Democratic city, joining Rudy Giuliani, John Lindsay, and Fiorello La Guardia in winning reelection.
Bloomberg chose the city government using a statistical and metrics-based strategy, and he gave departmental commissioners extensive discretion in their decisions about their respective departments. He did this by implementing what Adam Nagourney, a political writer for The New York Times, dubbed a “bullpen” open office style. This open office layout is comparable to a Wall Street trading floor with dozens of advisers and management staff members sitting together in a big chamber. This broke with 190 years of precedent. The layout is meant to encourage responsibility while also facilitating accessibility.
When Bloomberg was mayor of New York City, he reduced the city’s budget deficit from $6 billion to $3 billion, primarily via increases in property taxes. By implementing a strategy that generated and maintained an estimated 160,000 affordable dwellings in the city, Bloomberg enhanced municipal funds for the new creation of affordable housing. In 2003, he successfully banned smoking in all indoor businesses, including bars and restaurants, followed by several other towns and states adopting a similar policy.
When New York City passed a law banning the use of trans fat in all restaurants on December 5, 2006, it was the first city in the United States to do so. In July 2008, this was put into force, and since then, it has been replicated in many other cities and nations. Bloomberg made it mandatory for chain restaurants to display calorie counts, pedestrianized a substantial portion of Times Square, and established bike lanes.
In 2011, Mayor Bloomberg established the NYC Young Males’s’s effort with a budget of $127 million to support programs and policies to alleviate gaps between young Black and Latino males and their classmates. Bloomberg gave $30 million to the endeavor as part of the project. In 2010, Bloomberg provided financial assistance for the contentious construction of an Islamic compound close to Ground Zero.
The Bloomberg administration oversaw a significant expansion of the stop-and-frisk policy implemented by the New York City Police Department, which resulted in a sixfold increase in recorded stops. The United States Federal Court challenged the procedure, which determined that the city’s enforcement violated residents’ rights as outlined in the Constitution’s Fourth Amendment and fostered racial profiling. The policy had been challenged in the United States Federal Court.
Mayor Bloomberg’s administration first contested the decision. Still, when Bloomberg left office, his successor, Mayor Bill de Blasio, decided not to pursue the appeal and allowed the decision to go into force. Following September 11, the government of Mayor Bloomberg supervised the implementation of a controversial program that conducted surveillance on Muslim neighborhoods based on their religion, ethnicity, and language. This program received help from the Central Intelligence Agency.2014 was the last year of operation for the program.
In addition to running on the Republican ticket, Bloomberg also campaigned on the platform of the contentious Independence Party, which was led at the time by “Social Therapy” founders Fred Newman and Lenora Fulani, who had a significant amount of power in the party. On that particular issue, Bloomberg’s votes exceeded his margin of victory against Green. An additional element was the vote on Staten Island, which, compared to the rest of the city, has historically been more favorable to Republicans. In Staten Island, votes were cast for Bloomberg, and he earned 75 percent of the vote. Ultimately, he was victorious, with 50.3% of the vote to 47.9%.
Mike Bloomberg Phone Number, Email Address, Contact No Information and More Details
Mike Bloomberg Addresses:
Mike Bloomberg, Brighton, Boston, Massachusetts, United States
Fanmail Address / Autograph Request Address:
17 E 79th Street
New York, NY 10075-0101
Mike Bloomberg Contact Phone Number and Contact Details info
- Mike Bloomberg Phone Number: (212) 318-2000
- Mike Bloomberg Mobile Contact Number: NA
- WhatsApp Number of Mike Bloomberg: NA
- Personal Phone Number: (212) 318-2000
- Mike Bloomberg Email ID: NA
Social Media Accounts of Content Creator ‘Mike Bloomberg ’
- TikTok Account: NA
- Facebook Account (Facebook Profile): https://www.facebook.com/mikebloomberg
- Twitter Account: https://twitter.com/MikeBloomberg
- Instagram Account: https://www.instagram.com/mikebloomberg
- YouTube Channel: NA
- Tumblr Details: NA
- Official Website: NA
- Snapchat Profile: NA
Personal Facts and Figures
- Birthday/Birth Date: 14 February 1942
- Place of Birth: Brighton, Boston, Massachusetts, United States
- Wife/Girlfriend: Susan Brown
- Children: Georgina Bloomberg, Emma Bloomberg
- Age: 81 Years old
- Official TikTok: NA
- Occupation: Politician
- Height: 1.7 m
- Salary of Mike Bloomberg: 9,450 crores USD
- Net worth: 9,450 crores USD
- Education: Yes
- Total TikTok Fans/Followers: Not Known
- Facebook Fans: 925K followers
- Twitter Followers: 2.6M Followers
- Total Instagram Followers: 483K followers
- Total YouTube Followers: Not Known
|Mike Bloomberg Contact Address, Phone Number, Email ID, Website|
|Phone Number||(212) 318-2000|
|House address (residence address)||Brighton, Boston, Massachusetts, United States|
Some Important Facts About Mike Bloomberg:-
- Mike Bloomberg was born on 14 February 1942.
- His Age is 81 years old.
- His birth sign is Aquarius.