Michael Bloomberg Net Worth in 2019
Michael Bloomberg Net Worth: How rich is Michael Bloomberg? & How much money is Michael Bloomberg worth? Time to find out!
Author, Businessman, Philanthropist, Politician
February 14, 1942
Michael Bloomberg is an American businessman, author, politician, and philanthropist and his current net worth is $51.4 billion.The businessman, author, and politician, has a net worth of over $50 billion dollars. Born in Brighton neighborhood of Boston, to a Jewish family, he is part of The Giving Pledge. He is the sixth richest person in the United States, as well as the eighth richest person in the world.
He is co-founder, CEO, and owner of Bloomberg L.P., a global financial services, software and mass media company that bears 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 began his career at the securities brokerage Salomon Brothers, before forming his own company in 1981 and spending the next twenty years as its chairman and CEO. Bloomberg also served as chair of the board of trustees at his alma mater, Johns Hopkins University, from 1996 to 2002.
He served as the 108th Mayor of New York City, holding office for three consecutive terms, beginning his first in 2001. A Democrat before seeking elective office, Bloomberg switched his party registration in 2001 to run for mayor as a Republican. He defeated opponent Mark J. Green in a close election held just weeks after the September 11 terrorist attacks. He won a second term in 2005, and left the Republican Party two years later. He campaigned to change the city's term limits law, and was elected to his third term in 2009 as an Independent on the Republican ballot line.
After a brief stint as a full-time philanthropist, Bloomberg re-assumed the position of CEO at Bloomberg L.P. by the end of 2014. There was widespread speculation that he would run as a third-party candidate in the 2016 U.S. presidential election, though he chose not to run, later endorsing Democratic nominee Hillary Clinton for president. In October 2018, Bloomberg announced that he had changed his political party affiliation to Democratic, which he had previously been registered as prior to 2001.
He announced on November 7, 2019, that he was taking steps to enter the 2020 presidential race, despite previously saying in March 2019 that he would not pursue the presidency. Bloomberg officially entered the race on November 8 by filing to insert his name on the Alabama Democratic primary ballot and announced that he will make a decision about a formal campaign launch on November 11 at earliest.
Spending the next 20 years as its chairman and CEO, he also served as a chairman of the board of trustees at his alma mater, Johns Hopkins University.In 2001 he started his first election as the 108th Mayor of the New York City, holding office for three consecutive terms.apart from his political career, Bloomberg is an avid environmentalist, often advocating policies to fight climate change
.He has also donated money to charities like $50 million through Bloomberg Philanthropies to Sierra Club’s Beyond Coal campaign.Released in 2017, Bloomberg had former Sierra Club Executive Director co-authored a book on climate change. The book is “Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet”.He has a license as a commercial pilot and often pilots an AW109 helicopter. Bloomberg is among the top of the waiting list for an AW609 tiltrotor aircraft.
During his youth years, he has gained an amateur radio operator license, as well as being proficient in Morse code. He also built ham radios.He owns a lot of properties in various countries around the world, including the latest acquisition, a historical property located in London. It belonged to writer George Eliot.He married Susan Elizabeth Barbara Brown, with whom he has two daughters, but divorced in 1993.Since 2010, he is in a relationship with former New York State Banking Superintendent Diana Taylor.