Michael Bloomberg
Age
73
Source Of Wealth
Bloomberg LP, Self Made
Self-Made Score
8
Residence
New York, NY
Citizenship
United States
Marital Status
In Relationship
Children
2
Education
Bachelor of Arts / Science, Johns Hopkins University; Master of Business Administration, Harvard Business School
Michael Bloomberg on Forbes Lists
Michael Bloomberg finished his term as New York City's mayor at the end of 2013 and, despite having promised to dedicate his life to philanthropy, in September 2014 said he would return to run financial news and information company Bloomberg LP at the start of 2015. He owns 88% of the firm he founded, which in 2014 had $9 billion in revenues. He was born in Boston and has degrees from Johns Hopkins and Harvard Business School. He got his start on Wall Street in 1966 in an entry level job at investment bank Salomon Brothers and rose to become head of equity trading and then head of information services, before being let go in 1981 when the firm was acquired. That year, along with Tom Secunda, Chuck Zegar, and Duncan MacMillan, he founded Bloomberg LP, which sold its first financial information systems to Merrill Lynch. He remains an active philanthropist and has given away $3.8 billion, including $100 million to the Gates Foundation to help eradicate polio and $1 billion to his alma mater Johns Hopkins. In early 2014, the United Nations Secretary General Ban Ki-Moon appointed him special envoy for cities and climate change. More »

More On Forbes