Michael Bloomberg Biography
Michael Bloomberg is an American businessman, politician, author, and philanthropist. He is the 9th richest person in the United States and the 14th richest person in the world as of 2019. Bloomberg has joined The Giving Pledge, whereby billionaires pledge to give away at least half of their wealth.
Michael has worked has the 108th Mayor of New York City, holding office for three consecutive terms, beginning with his first election in 2001. A Democrat before looking for an elective office, he switched his party registration in 2001 to run for mayor as a Republican.
Michael in a close election held just weeks after the September 11 terrorist attacks he defeated opponent Mark Green. He was the winner in the second term in 2005 and left the Republican Party two years later. Michael campaigned to change the city’s term limits law, and in 2009 was elected to his third term as an Independent candidate on the Republican ballot line.
Bloomberg was often mentioned as a candidate with moderate political views for the United State Presidential elections in 2008, and 2012, as well as for Governor of New York in 2010. He failed to seek either office, opting to continue serving as the Mayor of New York City.
Bill De Blasio on January 1, 2014, he succeeded Bloomberg as the Mayor of New York City. Later after a brief stint as a full-time philanthropist, Bloomberg went back to the position of CEO at Bloomberg L.P. by the end of 2014. Bloomberg on March 7, 2016, reported that he would not run as a third-party candidate in the 2016 U.S. presidential election despite widespread speculation that he would, and later endorsed Democratic nominee Hillary Clinton for president.
Michael Bloomberg Age
Michael was born on February 14, 1942, at St. Elizabeth’s Hospital, in the Brighton neighborhood of Boston, Massachusetts, United States of America. He is 78 years old as of 2020. Bloomberg was born as Michael Rubens Bloomberg.
Michael Bloomberg Height
The famous politician stands tall at a height of 5′ 8″.
Michael Bloomberg Education
Micheal attended Johns Hopkins University, where he joined the fraternity Phi Kappa Psi. As a sophomore, he constructed the school mascot’s (the blue jay’s) costume in 1962. In 1964 he graduated with a Bachelor of Science degree in electrical engineering. He also graduated from Harvard Business School in 1966 with a Master of Business Administration.
Bloomberg was awarded an honorary doctorate of laws degree from Washington University in St. Louis in May 2019 where he delivered the commencement speech to the class of 2019. He also announced he would fund a conference at Washington University in early 2020 which would focus on mitigating the effects of climate change.
Michael Bloomberg 2020 Presidential Candidate
Michael announced on November 7th, 2019, that he was taking steps to enter the 2020 presidential race despite saying that he would not pursue the presidency in March of the same year. Chuck Todd MSNBC anchor declared Thursday, November 7, 2019, that there is only “one running mate” for former New York City Mayor Michael Bloomberg, who may be entering the crowded 2020 presidential race.
Bloomberg was expected to file paperwork designating himself as a candidate in Alabama’s Democratic presidential primary, Fox News has learned. Michael is reportedly weighing whether to throw his hat in the ring. However, Bloomberg officially started his campaign on November 24, 2019.
“I’m running for president to defeat Donald Trump and rebuild America,” he wrote on Twitter. “I believe my unique set of experiences in business, government, and philanthropy will enable me to win and lead.”
Michael Bloomberg Drops Out
Om March 4, 2020, Bloomberg dropped out of the presidential race and endorsed Joseph R. Biden Jr. Mr. Bloomberg signaled in his concession speech that he intended to keep using his multibillion-dollar fortune against President Trump.
Mr. Bloomberg had previously pledged to keep spending large sums of money to help Democrats in the general election, even if he did not become the nominee. (The Sanders campaign has said it would not welcome that kind of help.)
Michael Bloomberg Parents
He is the son William Henry Bloomberg (1906–1963), a bookkeeper for a dairy company, and Charlotte (Rubens) Bloomberg (1909–2011). The Bloomberg Center at the Harvard Business School was named in William Henry’s honor. His family is Jewish.
Michael Bloomberg Family
His father was the son of Alexander “Elick” Bloomberg, an immigrant from Russia. Michael’s mother, Charlotte (Rubens) Bloomberg (January 2, 1909 – June 19, 2011) was a native of Jersey City, New Jersey. Her father, Bloomberg’s maternal grandfather, Max Rubens, was an immigrant from what is present-day Belarus.
The family lived in Allston until Bloomberg was two years old, when 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 is a member of the Emanu-El Temple in Manhattan. Bloomberg’s paternal grandfather, Alexander “Elick” Bloomberg, was an immigrant from Russia. Bloomberg’s maternal grandfather, Max Rubens, was an immigrant from what is present-day Belarus.
Michael Bloomberg Sister
Bloomberg’s younger sister, Marjorie Tiven
Michael Bloomberg Wife
Bloomberg married Susan Elizabeth Barbara Brown, a British national from Yorkshire, the United Kingdom in the year 1975. Later in 1993, he divorced Brown, tho’ he has mentioned that she remains his “best friend.
Michael Bloomberg Partner
From 2010, Bloomberg was living with former New York state banking superintendent Diana Taylor.
Michael Bloomberg Diana Taylor
Diana Lancaster Taylor is the former New York State Superintendent of Banks. She met the former Mayor of New York City, Michael Bloomberg, in 2000, and they have been a couple ever since. Taylor was born on February 6, 1955. Taylor has spent the last few months campaigning alongside Bloomberg, at his side. She and Bloomberg do not have kids together.
She was also a Republican who turned to a Democrat just like Bloomberg. Diana has appeared at rallies, town hall meetings with potential voters. Diana has also done her fair share of community outreach on the campaign’s behalf, visiting local hospitals and schools.
Taylor’s message about her partner has stayed largely the same over 20 years “He is a man of incredible capabilities and resources,” she told. “I’ve always thought that he’d be a really good president.”
Michael Bloomberg Children
Michael and Susan had two daughters: Emma who was born in 1979 and Georgina who was born in 1983, who was featured on Born Rich, a documentary film about the children of the extremely wealthy. Emma his daughter is married to Christopher Frissora, son of billionaire businessman Mark Frissora. Michael Bloomberg and his daughters frequently stay in their own houses in Bermuda.
Michael Bloomberg Grandchildren
Bloomberg has two grandchildren a grandson Jasper Michael Brown Quintana through her daughter Georgina Bloomberg with her boyfriend Ramiro Quintana. A granddaughter Zelda Violet Frissberg whose parents are Emma Bloomberg and her husband, Chris Frissora who married in 2015.
Michael Bloomberg Body Measurements
- Height: 173 cm (5 ft 8)
- Weight: 64 kg (142 pounds)
- Shoe Size: Not Available
- Body Shape: Not Available
- Hair Colour: Hazel
- Eye Colour: Grey
Michael Bloomberg Vegetarian
In 2019, Bloomberg confirmed that he wasn’t anywhere near going vegan, listing animal proteins he still eats, from fish to fast-food burgers. Moreover, A few hours later Bloomberg was spotted in Nashua, NH with a slice of pepperoni pizza, loaded with cheese.
Michael Bloomberg Salary
In efforts to create “cutbacks” in the New York City Spending Bracket, Bloomberg declined to receive a city salary. He accepted a remuneration of $1 annually for his services.
Michael Bloomberg Net Worth
As of 2020, Michael’s net worth is estimated at $61.5 billion.
Michael Bloomberg Wealth
Michael was ranked as the 9th-richest person in the world, with an estimated net worth of $57.1 billion as of March 2019. Bloomberg was reported in March 2009 by Forbes wealth at $16 billion, a gain of $4.5 billion over the previous year, enjoying the world’s biggest increase in wealth in 2009.
By that time, there were only four fortunes in the U.S. that were larger although it is said that the Wal-Mart family fortune is split among four people. In only two years Bloomberg had moved from 142nd to 17th in Forbes list of the world’s billionaires. (March 2007 – March 2009).
In September 2013, it was Forbes reported his wealth as $33 billion and ranked him as the 13th richest person in the world. Later in March 2012, his wealth was reported by Forbes to $22 billion, ranking him 20th in the world and 11th in the United States.
Michael Bloomberg Yacht
In 2014, It was reported that Bloomberg chartered a two-story yacht through the waters near Turkey.
Michael Bloomberg Houses/Home
By 2013, he owned 13 properties in various countries around the world, including a mansion built in the Georgian style. A five-story townhouse on Manhattan’s Upper East Side with an estimated 12,500 square feet of space. Then there’s his mansion in the Hamptons, Ballyshear, with 22,000 square feet.
His current acquisition is a historic property located in London that once belonged to writer George Eliot Michael Bloomberg. In 2013, Bloomberg has been accused of hypocrisy for pushing strict gun control onto Americans but seeking gun-carry exemptions for his security detail when he travels to Bermuda, where firearms are prohibited.
Michael Bloomberg Bermuda
He also owns a multi-million-dollar mansion in Bermuda. It consists of seven bathrooms, five balconies, 6,000 square feet and all of it right on the water. His daughters frequently stay in their own houses in Bermuda.
Michael Bloomberg Vehicles/Cars
Bloomberg is worth nearly $60 billion and is one of the richest men in the world. He is seen driving around in his Chevrolet Suburban. However, Bloomberg also owns a V10 Audi R8 that is worth over $120,000 so he does have expensive tastes in cars.
Michael Bloomberg Jets
Bloomberg owns a private jet, a $30 million Dassault Falcon. He is a licensed pilot and often flies a couple of times every month to his waterfront home in Bermuda. When he’s not in his jet, Bloomberg can be found piloting his $4.5 million Agusta SPA A109s helicopter.
Michael Bloomberg BodyGuards
He enjoys the protection of armed personal security guards. After leaving the mayor’s office Bloomberg offered members of his security detail six-figure salaries to leave with him, police sources said. He made the generous offer to the veteran cops, giving them the tantalizing option of retiring from the NYPD and continuing to protect him.
“Some of them have been with him 12 years,” a source told. The team consists of at least 15 cops, most of the detectives. Many of them already made at least $100,000. And most have around 20 years on the job.
Michael Bloomberg Company
Michael is that the founder, CEO, and owner of Bloomberg L.P., a world monetary services, mass media, and computer code company that bears his name, and is understood for its Bloomberg Terminal, a pc package providing monetary information wide utilized in the worldwide monetary services business.
Michael Bloomberg Central Park 5
The five black and Latino teenagers, who were later named the Central Park Five were wrongfully convicted of the 1989 rape and beating of a woman jogging in Central Park. The central five later spent years in prison before their convictions were vacated in 2002.
The Bloomberg administration spent almost $6 million fighting a civil lawsuit filed by the Five, arguing that the authorities at the time had good cause and acted in good faith. “There was an awful lot of evidence presented at that time that they were involved,” Bloomberg, who was mayor of New York City from 2002 to 2013, told.
New York City and the five men agreed to a $41 million settlement in 2014. Nearly a year after Bloomberg left office. “There’s been questions since then about the quality of that evidence. And so it’s, I’ve been away from it for so long, I just really can’t respond because I just don’t remember,” Bloomberg told CBS News. He added that the courts ruled they did not commit the crime, so “that’s the final word and we just have to accept that.”
In December 2019, Bloomberg said he has “no idea” about his current stance on the city and NYPD’s handling of the Central Park Five case.
Michael Bloomberg John Hopkins
He donated $150 million to Johns Hopkins, his alma mater, with much of it directed to the school of public health.
Michael Bloomberg Foundations
Michael became a general partner at Salomon Brothers, a bulge-bracket Wall Street investment bank in 1973. This is where he headed equity trading and, later, systems development. Salomon Brothers were bought by Phibro Corporation in 1981 and Michael was laid off from the investment bank. He was given no severance package, however, owned $10 million worth of equity as a partner at the firm.
Michael continued to set up a company named Innovative Market Systems using this money. Michael’s business set up was grounded on the realization that Wall Street and the financial community generally was willing to pay for high-quality business information, delivered as quickly as possible. However, for as many usable forms possible, via technology (e.g., graphs of highly specific trends).
In 1982 Merrill Lynch was the first new company customer, installing 22 of the company’s Market Master terminals and investing $30 million in the company. In 1987 the company was renamed Bloomberg L.P. It had installed 8,000 terminals by 1990. Throughout the years’ ancillary products including Bloomberg News, Bloomberg Message, and Bloomberg Tradebook were launched.
The company had more than 325,000 terminal subscribers worldwide as of October 2015. Michael’s company also has a radio network which currently has 1130 WBBR AM in New York City as its flagship station. He stepped down from the position of CEO to pursue a political career as the mayor of New York City. Lex Fenwick replaced him as CEO. During Michael’s three mayoral terms, the company was led by president Daniel L. Doctoroff, a former deputy mayor under Bloomberg.
After he completed his final term as the mayor of New York City, Michael spent his first eight months out of office as a full-time philanthropist. He announced in fall 2014 that he would go back to Bloomberg L.P. as CEO at the end of 2014, replacing Doctoroff, who had led the company since retiring from the Bloomberg administration in February 2008. Bloomberg remains the CEO of Bloomberg L.P.
Moreover, Michael is a member of Kappa Beta Phi. With help from Bloomberg News Editor-in-Chief Matthew Winkler, he wrote an autobiography called Bloomberg by Bloomberg.
Michael Bloomberg Quotes
- And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you.
- And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you.
- Every one of my positions cuts – out half the country. I’m pro-choice, I’m pro-gay rights, I’m pro-immigration, I’m against guns, I believe in Darwin.
- Stubborn isn’t a word I would use to describe myself; pigheaded is more appropriate
- We can only create good jobs if we make smarter investments in infrastructure and do more to support small businesses, not stiff them
We will go forward… we will never go back
Michael Bloomberg Book
- The climate of Hope by Michael Bloomberg
- Bloomberg by Bloomberg Kindle Edition
Michael Bloomberg Spanish
April 24, 2007, Michael made a statement during a press conference at Mexico City’s City Hall. After making announcements in English, the then-mayor offered a short message in Spanish. like many other New Yorkers, the mayor had a heavy American accent.
The mayor started speaking Spanish during press conferences in 2009. His efforts were mocked on Twitter. At one point Bloomberg hit back, telling those who mocked his accent to “get a life.” On January 9, 2020, Michael .released a First Spanish Language Ad.
The ad reflects Mike’s record of accomplishment as a problem-solver and a one-of-a-kind leader with experience in business, government, and philanthropy. Mike closed the ad by speaking directly to voters, “Juntos Vamos a reconstruir la nación,” translating to “together we rebuild the country.”
Michael Bloomberg Philanthropy
He donated $50 million through Bloomberg Philanthropies to Sierra Club’s Beyond Coal campaign, allowing the campaign to expand its efforts to shut down coal-fired power plants from 15 states to 45 states. He awarded a $6 million grant through Bloomberg Philanthropies to the Environmental Defense Fund in support of strict regulations of fracking in the 14 states with the heaviest natural gas production.
In January 2015, he led Bloomberg Philanthropies in a $48-million partnership with the Heising-Simons family to launch the Clean Energy Initiative. In January 2014, Bloomberg began a five-year commitment totaling $53 million through Bloomberg Philanthropies to the Vibrant Oceans Initiative.
The initiative partners Bloomberg Philanthropies with Oceana, Rare, and Encourage Capital to help reform fisheries and increase sustainable populations worldwide. August 25, 2016, Bloomberg Philanthropies and Harvard University reported the creation of the joint Bloomberg Harvard City Leadership Initiative.
$32 million was funded as a gift from Bloomberg, the Initiative will host up to 300 mayors and 400 staff from around the world over the next four years in executive training programs focused on increasing effective public sector management and innovation at the city level.
In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at Harvard with a $3 million gift in honor of his father, who died in 1963, saying, “throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community.
Michael Bloomberg Forbes
- He is the co-founded financial information and media company Bloomberg LP in 1981.
- Even after putting down the company’s seed funding, he has retained an 88% stake in the business, which has revenue north of $9 billion.
- A great philanthropist, he has donated more than $5 billion to gun control, climate change and other causes.
- Michael got his start on Wall Street in 1966 with an entry-level job at investment bank Salomon Brothers. He was fired 15 years later.
- Bloomberg owns at least six homes, including ones in Bermuda and London.
Michael Bloomberg Email/Contact
communications@bloomberg.org.
Bloomberg Philanthropies
25 East 78th Street
New York, NY 10075
+1 212-205-0100
Michael Bloomberg Policies
Social issues
Bloomberg supports abortion rights, stating, “Reproductive choice is a fundamental human right and we can never take it for granted. On this issue, you’re either with us or against us.” He has criticized “pro-choice” politicians who support “pro-life” candidates.
Crime and punishment
In April 2006, along with Boston mayor Thomas Menino, Bloomberg co-founded Mayors Against Illegal Guns. A December 2013 press release by the group said the bipartisan coalition included over 1,000 mayors.
Education
Bloomberg replaced New York City’s school board set up by the state of New York with a setup providing direct mayoral control over public education. Bloomberg claims that he raised the salaries of teachers by fifteen percent while boosting test scores and graduation rates.
Environment
During his second term as the mayor of New York City, Bloomberg unveiled PlaNYC: A Greener, Greater New York on April 22, 2007, to fight global warming, protect the environment and prepare for the projected 1 million additional people expected to be living in the city by the year 2030.
Illegal immigration and border security
Bloomberg has criticized those who advocate for mass deportation of illegal immigrants, calling their stance unrealistic: “We’re not going to deport 12 million people, so let’s stop this fiction. Let’s give them permanent status.” He supports a federal ID database that uses DNA and fingerprint technology to keep track of all citizens and to verify their legal status.
Health regulations
In January 2011, city schools began a pilot program that allows girls over 14 years old to be provided with Plan B emergency contraception without parental consent unless parents opt-out in writing. Beginning with five schools, the pilot had been expanded to thirteen schools by September 2012.
Response to 9/11
Bloomberg believes that the September 11, 2001 attacks were not intended to be solitary events. When he assumed office, he set up a Counterterrorism Bureau which works along with the NYPD intelligence division to gather information about terrorism affecting New York City worldwide.
He believes that funding for Homeland Security by the federal government should be distributed by risk, where cities that are considered to have the highest threat for a terrorist attack would get the most money. Bloomberg is also a supporter of the USA PATRIOT Act.
Economic issues
Bloomberg characterizes himself as a fiscal conservative for turning the city’s $6-billion deficit into a $3-billion surplus; however, conservative PAC Club for Growth has criticized him because he increased property taxes and spending while doing so.
Foreign policy
As mayor, Bloomberg made trips to Mexico, the United Kingdom, Ireland, and Israel in the first four months of 2007. In late 2007 he conducted an Asia trip that brought him to China, where he called for greater freedom of information to promote innovation. He attended the United Nations Climate Conference in Bali.
Preservation and development issues
Bloomberg is a proponent of large-scale development. He has repeatedly supported projects such as the Pacific Park mega-development, the Hudson Yards Redevelopment and associated rail-yard development (even supporting a subway extension to Hudson Yards), and the Harlem rezoning proposal.
Michael Bloomberg Facts
• Full Name: Michael Rubens Bloomberg
• Date of Birth: February 14, 1942
• Age/ How old?: 78 years old as of 2020.
• Place of Birth: At St. Elizabeth’s Hospital, in the Brighton neighborhood of Boston, Massachusetts,
• Birthday: 14th February.
• Nationality: American
• Fathers Name: William Henry Bloomberg
• Mothers Name: Charlotte (Rubens) Bloomberg
• Siblings: Sister Marjorie Tiven
• Marital Status: Divorced but living with his partner Diana Taylor.
• Children/ Kids: 2 daughters
• Height/ How tall?: 173 cm (5 ft 8).
• Weight: 64 kg (142 pounds)
Frequently Asked Questions About Michael Bloomberg
Who is Michael Bloomberg?
Michael is an American successful businessman, politician, author, and philanthropist.
How old is Michael Bloomberg?
Michael was born on February 14, 1942, at St. Elizabeth’s Hospital, in the Brighton neighborhood of Boston, Massachusetts, United States of America. He is 78 years old as of 2020.
When is Michael Bloomberg’s birthday?
Michael was born on February 14, 1942. He celebrates his birthday on the 14 of February every year.
How tall is Michael Bloomberg?
Bloomberg stands at a height of 173 cm (5 ft 8).
Is Michael Bloomberg married?
From 2010, Bloomberg is living with former New York state banking superintendent Diana Taylor.
Who is Michael Bloomberg’s first wife?
Bloomberg married Susan Elizabeth Barbara Brown, a British national from Yorkshire, the United Kingdom in the year 1975. Later in 1993, he separated with Brown, tho’ he has mentioned that she remains his “best friend.
How much is Michael Bloomberg worth?
In 2020, Michael’s net worth is $61.5 billion.
How much does Michael Bloomberg make?
In efforts to create “cutbacks” in the New York City Spending Bracket, Bloomberg declined to receive a city salary. He accepted a remuneration of $1 annually for his services.
Is Michael Bloomberg dead or alive?
Michael is still alive and in good health.
Where is Michael Bloomberg now?
Michael is the founder, CEO, and owner of Bloomberg L.P., a world monetary services, mass media, and computer code company.