Media & Finance
Michael Bloomberg
Estimated Net Worth
$96.3 Billion
Quick Facts
- Full Name Michael Rubens Bloomberg
- Born February 14, 1942
- Nationality American
- Primary Sources Bloomberg LP, Real Estate, Philanthropy
Biography
Michael Bloomberg built Bloomberg LP into a financial information empire, revolutionizing how traders and analysts access market data worldwide. The former three-term Mayor of New York City (2002-2013) and 2020 presidential candidate, his wealth primarily stems from his majority ownership of Bloomberg LP, one of the largest financial data and media companies globally.
Sources of Wealth
Bloomberg LP
~$85 Billion
Bloomberg owns approximately 88% of Bloomberg LP, the financial information and media company he founded in 1981. The company dominates the financial data terminal market with over 325,000 subscribers worldwide.
Real Estate Holdings
~$8 Billion
Extensive real estate portfolio including luxury properties in New York, London, Bermuda, and other prime locations, as well as commercial real estate investments.
Bloomberg Philanthropies & Investments
~$3.3 Billion
While Bloomberg has donated over $15 billion to various causes, his remaining investments and the appreciation of his philanthropic endowments continue to generate substantial value.