Michael Bloomberg
Bloomberg LP · New York, New York
Net worth
$94.9B
Today
$00.00%Past month
$00.00%As of Nov 11, 2026, 1:50 PM EST
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 annual revenues of nearly $15 billion. In 2023, he appointed product head Vlad Kliatchko as CEO of Bloomberg LP and former Bank of England governor Mark Carney as non-executive chair of a new board of directors. 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 gave away $4.3 billion in 2025 and has donated more than $25.4 billion in his lifetime to gun safety, climate change, education 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.
Net worth over time
Principal holdings
1 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private holdings | Finance & Investments | 100.0% | $94.9B |
Also known for
- In 2024, Bloomberg pledged $1 billion to Johns Hopkins University, his undergraduate alma mater, adding to the more than $3.5 billion he'd already given the school.
- As a teenager, Bloomberg worked at an electronics company in Cambridge, Massachusetts.
“Organizations resist innovation and those that do inevitably fail because people are more comfortable with what they know than with what they don't.”