Michael Bloomberg Net Worth

How much is Michael Bloomberg Worth?

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Michael Bloomberg Net Worth
Net Worth:
$33 Billion
Date of Birth
February 14, 1942
Place of Birth
St. Elizabeth's Medical Center
Profession
Entrepreneur, Politician, Businessperson, Business magnate

Michael Bloomberg net worth: Michael Bloomberg is an American politician and entrepreneur who has a net worth of $33 billion. Michael Bloomberg is the Mayor of New York City and the founder and 88% owner of Bloomberg LP, a financial news and information services media company. He is also one of the wealthiest men in New York and in America. Michael Bloomberg was born on February 14, 1942 in Boston, Massachusetts. He achieved success very quickly. In fact, he became a General Partner with the Salomon Brothers brokerage firm while still quite young. The firm discharged him in 1981 and he received a severance package worth $10 million which he used to start his business empire.

How much money does Michael Bloomberg have?

Michael Bloomberg Net Worth

Although a lifelong Democrat, Bloomberg switched parties in 2001 and ran for Mayor as a Republican. In 2008, after serving two terms, he pressured the City Council to change the rules so that he could run for a third term. They did … he won. Michael Bloomberg is an extremely generous philanthropist and has given over $300 million to Johns Hopkins University. He has also written his autobiography, "Bloomberg by Bloomberg."

During his time in office, Michael Bloomberg spent $268 million of his own money on re-election campaigns. He also spent $890,000 to provide free breakfast and lunch every day for his entire staff during his three terms. Outside of the mayoral office, Bloomberg donated $30 million to the New York Metropolitan Museum of Art to help fund audio tours in dozens of languages, another $30 million to assist impoverished and Latino black men and $7 million to promote gun control. As mayor he was entitled to $2.7 million in salary over three terms but instead opted to earn just $1 per year.

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Michael Bloomberg

Michael Bloomberg

Michael Rubens Bloomberg is an American business magnate, politician and philanthropist. He served as the 108th Mayor of New York City, holding office for three consecutive terms beginning with his first election in 2001. With a net worth of $31 billion, he is the tenth-rich...
Profession
Date of Birth
  • February 14, 1942
Nicknames
  • Mayor Michael R. Bloomberg
  • Michael Rubens Bloomberg
  • Honorable Mayor Michael Bloomberg
  • Mayor Michael Bloomberg
  • Mayor Bloomberg
  • Michael R. Bloomberg
  • Mike Bloomberg
  • Mayor of the New York City
  • Michael Bloomberg Mayor
  • Michael R. Bloomberg Mayor
Ethnicity
  • Jewish people
Height
  • 5 ft 8 in (1.73 m)
Nationality
  • United States of America
Country
  • United States of America
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