Michael Bloomberg

Rank 13

Michael Bloomberg


Bloomberg LP

New York, New York

United States

  • In 2018, Bloomberg pledged $1.8 billion to Johns Hopkins University, his undergraduate alma mater, adding to $1.5 billion he had already given the school.
  • As a teenager, Bloomberg worked at an electronics company in Cambridge, Massachusetts.
  • Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
  • He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues north of $12 billion.
  • Bloomberg got his start on Wall Street in 1966 with an entry level job at investment bank Salomon Brothers. He was fired 15 years later.
  • A major philanthropist, he has donated more than $14.4 billion to gun control, climate change and other causes.
  • He has committed to donating his stake in Bloomberg LP to Bloomberg Philanthropies when he dies, if not sooner.
  • Bloomberg served as mayor of New York City for 12 years, from 2002 to 2013, and launched an unsuccessful bid for president in the 2020 race.