Michael Bloomberg

@Mayor of New York City, Family and Facts

Michael Bloomberg is an American business magnate who has also served as the Mayor of New York City

Feb 14, 1942

BostonMassachusettsPhilanthropistsRepublicansAmericanHarvard Business SchoolHarvard UniversityBusiness PeopleAquarius Celebrities
Biography

Personal Details

  • Birthday: February 14, 1942
  • Nationality: American
  • Famous: Mayor of New York City, Philanthropists, Republicans, Harvard Business School, Harvard University, Business People
  • Ideologies: Republicans
  • City/State: Boston, Massachusetts
  • Spouses: Diana Taylor
  • Siblings: Marjorie Tiven

Michael Bloomberg born at

St. Elizabeth's Medical Center

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Birth Place

Michael Bloomberg married Susan Brown in 1975. The couple had two daughters and divorced in 1993.

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Personal Life

He is currently in a relationship with former New York state banking superintendent Diana Taylor.

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Personal Life

Michael Bloomberg was born in Boston on 14 February 1942 into a Jewish family. His father, William Henry Bloomberg, was a real estate agent.

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Childhood & Early Life

After completing his schooling he studied engineering at Johns Hopkins University and graduated with a Bachelor of Science degree in electrical engineering in 1964.

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Childhood & Early Life

He then went to the Harvard Business School and earned his Master of Business Administration in 1966.

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Childhood & Early Life

Following his graduation in 1966, he took up an entry-level position with Salomon Brothers, a Wall Street investment bank. Over the next few years he worked diligently and steadily moved up through the positions.

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Career

He became a general partner at Salomon Brothers in 1973. The bank was bought by Phibro Corporation in 1981 and Bloomberg was laid off from his job and given a $10 million severance package.

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Career

Using the money from his severance package, he went on to form Innovative Market Systems, a financial-data service firm, in 1982 and also served as its CEO. He acquired Merrill Lynch, the wealth management division of Bank of America, as his company’s first customer.

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Career

The company proved to be a successful one and was renamed Bloomberg L.P. in 1987. Over the years it introduced several ancillary products like Bloomberg News, Bloomberg Message, and Bloomberg Tradebook. Bloomberg eventually left the position of CEO to pursue a political career.

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Career

In 2001, Bloomberg, a lifelong member of the Democratic Party, decided to run for Mayor of New York City as a member of the Republican Party ticket. He funded much of his mayoral campaign himself, spending millions from his personal fortune. He won the election and assumed office as the 108th Mayor of New York City on January 1, 2002.

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Career

Michael Bloomberg is the founder of Bloomberg L.P., a financial software, data and media company headquartered in New York City. Formed as Innovative Market Systems (IMS) and later renamed, the company provides financial software tools such as an analytics and equity trading platform, data services and news to financial companies and organizations.

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Major Work