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Bloomberg got started on Wall Street in 1966 as an entry-level worker at the investment bank Salomon Brothers. 2021. Paul Wahlberg comes in third with an estimated net worth of $10 million. [39] Bloomberg, L.P. had revenues of approximately $10billion in 2018. Bloomberg was elected the 108th mayor of New York City, and the city's third Jewish mayor. ", "Statement By Mayor Bloomberg On Supreme Court Chief Justice Nominee John Roberts", "Mike Soaks Up 2 Big Nods: Vallones Cross Party Line for Mayor", "NYC's Bloomberg Says To Seek Third Term as Mayor", "Ronald Lauder, Leader Of Term-Limit Band", "Lauder Favors a Third Term for Bloomberg", "Term limit deal: Ronald Lauder agrees to stay out of legal battle in return for city board seat", "Citizens Union/NYPIRG Forum on Term Limits Tonight", "City Room: After an Earful, Mayor Signs Term Limits Bill", "New Yorkers Protest Against Bloomberg Plan to Override Term Limits", "Final total of Mayor Bloomberg's 2009 campaign: $109M", "How G.O.P. [260][261], In 2015, Bloomberg donated $100million to Cornell Tech, the applied sciences graduate school of Cornell University on the school's Roosevelt Island campus. [244][245][246], As of 2019, Bloomberg has given more than $3.3billion to Johns Hopkins University, his alma mater,[247] making him "the most generous living donor to any education institution in the United States. [57] He won re-election in 2005 and again in 2009. He said Trump "wants you to believe that we can solve our biggest problems by deporting Mexicans and shutting out Muslims. Bloomberg also owns two helicopters: an AW109 and an Airbus helicopter[313] and as of 2012 was near the top of the waiting list for an AW609 tiltrotor aircraft. [143] Bloomberg also spent heavily on campaign operations that grew to 200 field offices and more than 2,400 paid campaign staffers. Green. 1 9 26 Show this thread *Walter Bloomberg Bloomberg was frequently mentioned as a possible centrist candidate for the presidential elections in 2008[118][119] and 2012, as well as for governor of New York in 2010[120] or vice-president in 2008. [133][136], In June 2018, Bloomberg pledged $80million to support Democratic congressional candidates in the 2018 election, with the goal of flipping control of the Republican-controlled House to Democrats. He spent $73million of his own money on his campaign, outspending Green five to one. Net Worth. [311], Bloomberg is a private pilot. Robert Wahlberg has an estimated worth of $ 3 million. [86] Ognibene accused Bloomberg of betraying Republican Party ideals, a feeling echoed by others. ", "As the Clintons Step Back From Global Stage, Bloomberg Steps Up", "The US Government-In-Exile Has A New President", "Bloomberg Claps Back at Trump at Inaugural Business Forum", "Billionaire club in bid to curb overpopulation", "They're called the Good Club and they want to save the world", "Interfaith Celebrities: a Former Geek, the Equestrian Author, and an Aboriginal Jewish Doctor", "A Mayor by Her Side, but Politics Woos Her, Too", "Mayor Bloomberg's girlfriend Diana Taylor says no need for police escort", "The Mayor's Lady, Her Own Woman, One and the Same", "Inside the relationship of Mike Bloomberg and his longtime partner, Diana Taylor, who met at a business lunch 20 years ago and live in a 5-story Manhattan townhouse", "Commissioner Marjorie B. Tiven, Office of the Mayor, Commission for the United Nations Consular Corps & Protocol", "Mike Bloomberg for years has battled women's allegations of profane, sexist comments", "Michael Bloomberg's past comments about women and rape will likely haunt him on the 2020 campaign trail", "Bloomberg grows his Hamptons estate, reveals overseas bank accounts", "Bloomberg Buys Southampton 'Ballyshear Estate' For $20 Million", "Michael Bloomberg buys 16m house in exclusive London street", "New York's Mayor, but Bermuda Shares Custody", "Mayor Takes the Subway by Way of S.U.V. [140] However, due to his dissatisfaction with the Democratic field, Bloomberg reconsidered. Bloomberg placed the two at 48th and 78th respectively in the global ranking. [75] After the September 11 attacks, with assistance from the Central Intelligence Agency, Bloomberg's administration oversaw a controversial program that surveilled Muslim communities on the basis of their religion, ethnicity, and language. [63], Bloomberg accepted a remuneration of $1 annually in lieu of the mayoral salary. $0. [219] In 2018, Bloomberg joined Ray Dalio in announcing a commitment of $185million towards protecting the oceans. The teams are one of Bloomberg Philanthropies' key goals: advancing government innovation. The guy runs a squawk box service for trading desks that breaks news headlines before the MSM. hometown", "The Shed at Hudson Yards event is like a Bloomberg-era reunion", "Michael R. Bloomberg Donates $75 Million to New NYC Arts Center, The Shed", "Michael Bloomberg Gives $75 Million to Shed Arts Center", "Bloomberg America's first Jewish president? [190] The Carnegie Corporation distributed these contributions to hundreds of New York City organizations ranging from the Dance Theatre of Harlem to Gilda's Club, a non-profit organization that provides support to people and families living with cancer. "[263], In July 2011, Bloomberg launched a $24million initiative to fund "Innovation Delivery Teams" in five cities. Have you seen this man? $4 Million. I'm certified technical analyst with masters in engineering and economics. Bloomberg, who had been a lifelong member of the Democratic Party, decided to run for mayor on the Republican ticket. [104] The Independence Party then paid $750,000 of that money to Republican Party political operative John Haggerty Jr.[105], This prompted an investigation beginning in February 2010 by the office of New York County District Attorney Cyrus Vance Jr. into possible improprieties. [277], In 2016, the World Health Organization appointed Bloomberg as its Global Ambassador for Noncommunicable Diseases. The justices collect an income from the Supreme Court, although it's much less than the millions they would all make in private practice. American businessman and politician (born 1942), Wealthiest people in the United States by state, Other educational and research philanthropy, Among the contents of the 1990 publication are a suggestion that if women wanted to be known for their intelligence, they would spend less time at. Bloomberg's Millions Funded an Effective Campaign Against Vaping. [25] In 1966, he graduated from Harvard Business School with a Master of Business Administration (MBA) degree. Other notable guest speakers during the virtual ceremony included Reddit co-founder and Commencement speaker Alexis Ohanian; Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and a leading member of the White House Coronavirus Task Force; and senior class president Pavan Patel[330], Bloomberg has received the Yale School of Management's Award for Distinguished Leadership in Global Capital Markets (2003);[331] Golden Plate Award of the American Academy of Achievement presented by Ehud Barak (2004);[332][333] Barnard College's Barnard Medal of Distinction (2008);[334] the Robert Wood Johnson Foundation Leadership for Healthy Communities' Healthy Communities Leadership Award (2009);[335] and the Jefferson Awards Foundation's U.S. He is followed by Donnie Wahlberg, with a net worth of $25 million. [7][8] The Bloomberg Center at the Harvard Business School was named in William Henry's honor. Droege (born 1952/1953) is a German billionaire businessman, who is the founder and board member of Droege International Group. [139], On March 5, 2019, Bloomberg had announced that he would not run for president in 2020. [258] Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in Medford, Massachusetts. [60] Bloomberg joined Rudy Giuliani, John Lindsay, and Fiorello La Guardia as re-elected Republican mayors in the mostly Democratic city. [84], Former Bronx Borough President Fernando Ferrer won the Democratic nomination to oppose Bloomberg in the general election. In a statement, Bloomberg said that Republican House leadership were "absolutely feckless" and had failed to govern responsibly. From 2010 to 2013, he served as the chairman of the C40 Cities Climate Leadership Group, a network of the world's biggest cities working together to reduce carbon emissions. [96], Some people and organizations objected and NYPIRG filed a complaint with the City Conflict of Interest Board. [12] Bloomberg's paternal grandfather, Rabbi Alexander "Elick" Bloomberg, was a Polish Jew. That includes a waterfront cottage in Maine, located on an island accessible only by boat, which is valued at an estimated $250,000-$500,000 per year, and part of a cottage in Ireland, valued at less than $15,000. [211][212], Bloomberg Philanthropies awarded a $6 million grant to the Environmental Defense Fund in support of strict regulations on fracking in the 14 states with the heaviest natural gas production. [159][160][161] In 2004, he endorsed the re-election of George W. Bush and spoke at the 2004 Republican National Convention. Here's everything we know about the candidate and how he stacks up against the competition", "Mayor Bloomberg Delivers Remarks at 2007 Conservative Party Conference", Three Bloomberg policies all of America now lives with, "Mayor Bloomberg Signs Landmark Bills to Further Reduce Smoking in New York City", "Bloomberg calls for nationwide crackdown on e-cigs", "The Radical Case for Bloomberg's 'Nanny' State", "Bloomberg Becomes Nanny-State Epitome for Some, Giving Obama a Breather", "Bloomberg's Billions: How the Candidate Built an Empire of Influence", "Michael Bloomberg talks climate change with UN", "Bloomberg on backing 2003 invasion of Iraq: 'I don't live in a regret world', "Bloomberg defends city surveillance camera plan", "Bloomberg Says Interpretation of Constitution Will 'Have to Change' After Boston Bombing", "Should Mike Bloomberg's stop-and-frisk record disqualify him? [220], In 2014, United Nations Secretary General Ban Ki-moon appointed Bloomberg as his first Special Envoy for Cities and Climate Change to help the United Nations work with cities to prevent climate change. Bloomberg self-funded $935million[5] for his candidacy, which set the record for the most expensive U.S. presidential primary campaign. [273][274] Bloomberg has donated close to $1billion to the World Health Organization (WHO) to promote anti-smoking efforts, including $125million in 2006, $250million in 2008, and $360million, making Bloomberg Philanthropies the developing world's biggest funder of tobacco-control initiatives. [179][180] He has also proposed more stringent financial regulations that include tougher oversight for big banks, a financial transactions tax, and stronger consumer protections. He earned his fortune. Musk's net worth more than tripled in 2020 thanks to Tesla stock's over 700% boost during the year, which was filled with profitable quarters, new vehicle . He was getting this money every two weeks and had been for some time. [77], In a January 2014 Quinnipiac poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success".[78]. 81. [53][54] In the 2019 Forbes list of the world's billionaires, he was the ninth-richest person; his net worth was estimated at $55.5billion. The world's 12 wealthiest people got richer by $36 billion in a day - and have now gained $264 billion in net worth this year. He continues to support the arts through his foundation. Thomas Ognibene sought to run against Bloomberg in the Republican Party's primary election. 2020. [329] In addition, he was invited to and delivered guest remarks for the Johns Hopkins Class of 2020. [44][45][40], When he left the position of CEO to pursue a political career as the mayor of New York City, Bloomberg was replaced by Lex Fenwick[46][47] and later by Daniel L. Doctoroff, after his initial service as deputy mayor under Bloomberg. [287], Bloomberg hosted the Global Business Forum in 2017, during the annual meeting of the United Nations General Assembly; the gathering featured international CEOs, heads of state, and other prominent speakers. [113][114] Quinn came in third in the Democratic primary and Lhota won the Republican primary. [223][224] He resigned in November 2019, in the run-up to his presidential campaign. ", "Mayor Bloomberg gets ride on No. Brazilian Billionaires: Richest People In Brazil, 2019 Joseph Safra: $23.8 billion Jorge Paulo Lemann: $22.3 billion "[93], Ronald Lauder, who campaigned for New York City's term limits in 1993 and spent over 4million dollars of his own money to limit the maximum years a mayor could serve to eight years,[94] sided with Bloomberg and agreed to stay out of future legality issues. Convening mayors through a partnership with Harvard College to learn and discuss their pandemic response, featuring a bipartisan roster of speakers and attendees. Action included: Bloomberg is an environmentalist and has advocated policy to fight climate change at least since he became the mayor of New York City. Partnering with Johns Hopkins University to train COVID-19 contact tracers through its school of public health and search for a treatment of the virus. 2022. Although New York City's campaign finance law restricts the amount of contributions that a candidate can accept, Bloomberg chose not to use public funds and therefore his campaign was not subject to these restrictions. The primary was postponed later that day, due to the September 11 attacks. [238][239] About a month later, Bloomberg and California Governor Jerry Brown announced that the America's Pledge coalition would work to "quantify the actions taken by U.S. states, cities and business to drive down greenhouse gas emissions consistent with the goals of the Paris Agreement. [32] Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $10million for his equity in the firm. [4] List of wealthiest Canadians (Bloomberg, 22 May 2022) [4] [note 2] World rank. Others criticized Bloomberg for his wealth and campaign spending,[146][147] as well as his former affiliation with the Republican Party. [23][24] He graduated in 1964 with a Bachelor of Science degree in electrical engineering. Mark Walberg has a net worth of $400 million, making him the richest among the Wahlberg brothers. MICHAEL BLOOMBERG NET WORTH: $48 BILLION SOURCE OF WEALTH: BLOOMBERG LP RESIDENCE: NEW YORK CITY The media tycoon spent at least $876 million on his failed presidential campaign,. Walter left his fortune to his sons, Geoffrey and Jonathan, who instantly became. Instead, he encouraged the Democratic Party to "nominate a Democrat who will be in the strongest position to defeat Donald Trump". [214] In January 2015, Bloomberg led Bloomberg Philanthropies in a $48-million partnership with the Heising-Simons family to launch the Clean Energy Initiative. [92], On October 2, 2008, Bloomberg announced he would seek to extend the city's term limits law and run for a third mayoral term in 2009, arguing a leader of his field was needed following the financial crisis of 200708. [101] Bloomberg defeated Thompson by a vote of 51 percent to 46 percent. Benjamin has earned a good amount from his medical career but due to his secretive nature, the exact figure is still a mystery. [129] Bloomberg supporters believed that Bloomberg could run as a centrist and capture many voters who were dissatisfied with the likely Democratic and Republican nominees. [102] Bloomberg spent $109.2million on his 2009 campaign, outspending Thompson by a margin of more than 11 to one. [100], Bloomberg's opponent was Democratic and Working Families Party nominee Bill Thompson, who had been New York City Comptroller for the past eight years and before that, president of the New York City Board of Education. Wade. The following is a list of the wealthiest individuals with "Canada" listed as their "Country/Region" according to Bloomberg's daily listing, the Bloomberg Billionaires Index, as of 22 May 2022. [72] The policy was challenged in U.S. Federal Court, which ruled that the city's implementation of the policy violated citizens' rights under the Fourth Amendment of the Constitution and encouraged racial profiling. Ruth and Bill Scott; Walter Scott, Jr. (tie) - Net worth: $4.5 billion Walter Scott Jr. made his fortune through Berkshire Hathaway Energy, his friend Warren Buffett's utility subsidiary. [206][207] In 2015, Bloomberg announced an additional $30 million contribution to the Beyond Coal initiative, matched with another $30million by other donors, to help secure the retirement of half of America's fleet of coal plants by 2017. [327] Bloomberg was the speaker for Princeton University's 2011 baccalaureate service. Breaking with 190 years of tradition, he implemented what New York Times political reporter Adam Nagourney called a "bullpen" open office plan, similar to a Wall Street trading floor, in which dozens of aides and managerial staff are seated together in a large chamber. . [143], As a late entrant to the race, Bloomberg skipped the first four state primaries and caucuses. [13][14] Bloomberg's maternal grandfather, Max Rubens, was a Lithuanian Jewish immigrant from present-day Belarus,[15][16] and his maternal grandmother was born in New York to Lithuanian Jewish parents. [29] He wrote an autobiography, Bloomberg by Bloomberg, with help from Bloomberg News editor-in-chief Matthew Winkler. In 2001, New York's Republican mayor Rudy Giuliani, was ineligible for re-election due to the city's limit of two consecutive terms. [174][175], During and after[176] his tenure, he was a staunch supporter of stop-and-frisk. [64], As mayor, Bloomberg turned the city's $6billion budget deficit into a $3billion surplus, largely by raising property taxes. ", "Michael Bloomberg Pushed 'Stop-and-Frisk' Policing. [121] He eventually declined to seek all of these offices. [265], In 2013, Bloomberg announced the Mayors Challenge competition to drive innovation in American cities. [131][132], In July 2016, Bloomberg delivered a speech at the 2016 Democratic National Convention in which he called Hillary Clinton "the right choice". First elected in 2001, he held office for three consecutive terms, winning re-election in 2005 and 2009. The initiative supports state-based solutions aimed at ensuring America has a clean, reliable, and affordable energy system. He wants you to believe that erecting trade barriers will bring back good jobs. [76] The program was discontinued in 2014. [274] In 2013, it was reported that Bloomberg had donated $109.24million in 556 grants and 61 countries to campaigns against tobacco. Bloomberg spent the next twenty years as its chairman and CEO. Photo: Chris Goodney/Bloomberg via Getty Images Harlan Crow sits for a photograph at the Old . [183][184], His Bloomberg Philanthropies foundation focuses on public health, the arts, government innovation, the environment, and education. Bloomberg suspended his campaign on March 4, 2020, after a disappointing Super Tuesday in which he won only American Samoa, and subsequently endorsed Biden. Jeff Bezos Net Worth: $67B Source of wealth: Amazon.com 3. If the answer is no, why the hell would we ever rehire Donald Trump for another four years? [312] He owns six airplanes: three Dassault Falcon 900s, a Beechcraft B300, a Pilatus PC-24, and a Cessna 182 Skylane. [217] He serves as the president of the board of C40 Cities. [143] His support in nationwide opinion polls hovered around 15 percent but stagnated or dropped before Super Tuesday,[150] while former vice president Joe Biden had become the centrist frontrunner after receiving the support of major candidates Pete Buttigieg and Amy Klobuchar shortly before Super Tuesday. Bill Gates Net Worth: $81B Source of wealth: Microsoft 2. [83] He spent almost $78million on his campaign, exceeding the record of $74million he spent on the previous election. Since then, he has given away $9.5billion overall including $3.3billion in 2019. Although no formal organization was established, the effort was understood to be designed to help bring various philanthropic projects of the mega-donors into a more unified effort to address various problems on our planet. [165] These initiatives were supported by public health advocates[165][168] but were criticized by some as "nanny state" policies. Parody. "An Exclusive Look at Michael Bloomberg and Carl Pope's Book on Climate Change", "Hardcover Nonfiction Books Best Sellers", Michael Bloomberg: Why Im Giving $1.8 Billion for College Financial Aid, Ban Flavored E-Cigarettes to Protect Our Children, https://en.wikipedia.org/w/index.php?title=Michael_Bloomberg&oldid=1149920558, American chief executives in the media industry, American chief executives of financial services companies, American people of Belarusian-Jewish descent, American people of Russian-Jewish descent, Candidates in the 2020 United States presidential election, Honorary Knights Commander of the Order of the British Empire, Jewish mayors of places in the United States, Members of the American Philosophical Society, Jewish American people in New York (state) politics, Jewish American candidates for President of the United States, Special Envoys of the Secretary-General of the United Nations, Short description is different from Wikidata, Wikipedia pages semi-protected against vandalism, All Wikipedia articles written in American English, Articles with unsourced statements from October 2016, Creative Commons Attribution-ShareAlike License 3.0, Cofounding a $75million fund for nonprofits impacted by COVID-19 in New York City. Bloomberg is based in the Geneva region and works for a private bank, where he likely has access to insider information that he can use to inform his tweets. [209] Austria closed its final coal-fired plant in April 2020. Roberts makes $298,500 annually; the rest make $285,400 . [95] In exchange, he was promised a seat on an influential city board by Bloomberg. Walter Driver overall profits continue to grow daily, and he is gaining popularity on all sides. He gives back with a $50 million gift", "Bloomberg Philanthropies Gives $100 Million to Cornell Tech", "Bloomberg Endows Professorship for Five Faculties", "Mayor's Innovation Delivery Team to funnel grant for inner-city revival", "SeatGeek and Bloomberg to support 30 treasured arts groups in NYC", "Private Citizen Bloomberg on Philanthropy", "Bloomberg Philanthropies Launches $9 Million Mayors Challenge in Latin America, Caribbean", "Bloomberg gives Harvard $32 million to teach mayors and aides", "About the Initiative: Harvard + Bloomberg + 240 Cities", "Bloomberg Philanthropies and Harvard University Launch Bloomberg Harvard City Leadership Initiative", "$32 million Bloomberg-Harvard 'mayor school' supports leaders' changing role", "Bloomberg Philanthropies & Harvard create new Bloomberg Center for Cities", "Bloomberg charity adds $220 million to anti-smoking effort", "Michael Bloomberg may be Big Tobacco's biggest enemy". [36] As of 2019, the company has more than 325,000 terminal subscribers worldwide and employs 20,000 people in dozens of locations. Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. The Company provides oil and gas drilling and production services. Language links are at the top of the page across from the title. [42][43] To celebrate Bloomberg's 48th birthday, colleagues published a pamphlet entitled Portable Bloomberg: The Wit and Wisdom of Michael Bloomberg. [231] which convened assembled hundreds of city leaders from around the world at Paris City Hall to discuss fighting climate change. According to The New York Times, Bloomberg was an "anonymous donor" to the Carnegie Corporation from 2001 to 2010, with gifts ranging from $5million to $20million each year. [26][27][28], Bloomberg is a member of Kappa Beta Phi and Tau Beta Pi. [254] In 2016, Bloomberg joined Vice President Joe Biden for the institute's formal launch, embracing Biden's "Cancer Moonshot" initiative, which seeks to find a cure for cancer through national coordination of government and private sector resources. [103], After the release of Independence Party campaign filings in January 2010, it was reported that Bloomberg had made two $600,000 contributions from his personal account to the Independence Party on October 30 and November 2, 2009. [300][301] On various occasions, Bloomberg allegedly commented "I'd do her", regarding certain women, some of whom were coworkers or employees. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. ", "Mike Bloomberg's $1.2 Million Indy Party Donation Gets Murkier and Murkier", "Bloomberg Decides Not to Endorse a Successor", "Mayor Bloomberg focused on his legacy as he prepares to leave office", "Michael Bloomberg: I Won't Endorse Candidate In New York City Mayor Race", "Bloomberg's 'racist' remark reveals much", "New York Alters Bloomberg 'Racist' Accusation", "Obama Endorses Fellow Democrat De Blasio for New York Mayor", "Bloomberg Moves Closer to Running for President", "A Vote for a President to Lead on Climate Change", "Bloomberg Backs Obama, Citing Fallout From Storm", "Bloomberg, Sensing an Opening, Revisits a Potential White House Run", "Michael Bloomberg May Enter The Presidential Race", "Michael Bloomberg Mulling Run for President as Independent", "Michael Bloomberg mulls presidential run on heels of Trump surge", "Michael Bloomberg Will Not Enter Presidential Race", "Dismayed by Donald Trump, Michael Bloomberg Will Endorse Hillary Clinton", "How to watch the Democratic convention 2016: DNC live stream, TV channel, and schedule of events", "Michael Bloomberg's DNC speech really got under Trump's skin", "Michael Bloomberg Will Spend $80 Million on the Midterms.