I know how to make decisions and stand up to the criticism every day...
He is the man who served as the 108th Mayor
of the New York City for three consecutive terms from the time he was
first elected in 2001 and he is none other than Michael Rubens Bloomberg
who was born in the year 1942, is a very well known American Business
man, a politician as well as a philanthropist. He is known to have
assets worth $31 billion and is the 7th richest person in The United
States of America. He stands in thirteenth position of the wealthiest in
the World.
The life of Michael Bloomberg can be termed
as an inspiring journey with ups and downs, but he is a man who enjoys
both success as well as philanthropy.
A Masters Degree holder in Business
Administration, he joined and became a partner with Salomon Brothers
after his education and later went ahead to start his own company – a
firm which made a revolutionary change in the distribution of financial
information. This made him a millionaire.
Bloomberg was always mentioned to be an ideal
and a possible candidate for the United States presidential elections
of 2008 and 2012, but he declined to seek either of them and continued
to serve as the Mayor of the New York City.
Early Days and Education
Michael Rubens Bloomberg was born in the year 1942 on February 14. He
was born in Boston, Massachusetts. Bloomberg was born in the St.
Elizabeth’s hospital which is located in the neighbourhood of Boston. He
hails from a Jewish Family, and his father William Henry Bloomberg runs
a real estate agent and his mother Charlotte Rubens Bloomberg, is a
native of Jersey City. He was said to be a very stubborn child in his
childhood days.He was the son of the book-keeper; he completed his education from Johns Hopkins University and the Harvard University. He earned a degree in Master of Business Administration in year 1966.
The family used to live in Allston till Bloomberg was two years old. They later moved to Brookline and finally settled in Medford. Bloomberg is also known to be an Eagle Scout. He also completed is graduation in the year 1964 in Electrical Engineering and he also attained a degree in Business Administration from the Harvard School of Business. Michael Bloomberg was known to be an excellent student and a very avid reader. Some of the books which he enjoys to read in his early days were about revolutionary war heroes which were both real and fictional.
The Spark
It was in the year 1973 that Bloomberg became as the general partner
at the Salomon Brothers, which is a bulge-bracket Wall Street investment
bank. Bloomberg headed the equity trading initially and later headed
the systems development. After Salomon Brothers was bought in 1981,
Bloomberg was laid off from the job and was given a severance package of
$10 million. These funds were used by him to start up his own firm by
the name Innovative Market Systems.He also co-founded Bloomberg LP in the year 1981 and also served as its Chief Executive officer as well as its President. He also serves as the Ex Officio Member of the Board of Directors of the Lincoln Center for Performing Arts along with serving as a Chairman for National September 11 Memorial and Museum which is located at the World Trade Center Foundation. He also served as the Honorary Chairman as well as the Director of the NYC and Company Inc.
Bloomberg also served on various boards of 20 different cultural, civic, educational as well as medical institutions which also includes the High School for Economics and Finance.
His Journey with Bloomberg Philanthropies
Bloomberg Philanthropies was founded by Michael Bloomberg with its
headquarters in New York City. Bloomberg Philanthropies is known to be
the 18th largest foundation in the United States of America and they
focus across five areas namely public health, environment, arts and
government innovation as well as education. Michael Bloomberg is known
to have taken a pledge to donate most of his wealth which is currently
estimated to be $27 billion towards Bloomberg Philanthropies. The
current CEO and the Chairwoman for Bloomberg Philanthropies is Patti
Harris.Bloomberg Philanthropies was founded by Michael Bloomberg with its headquarters in New York City. Bloomberg Philanthropies is known to be the 18th largest foundation in the United States of America and they focus across five areas namely public health, environment, arts and government innovation as well as education. Michael Bloomberg is known to have taken a pledge to donate most of his wealth which is currently estimated to be $27 billion towards Bloomberg Philanthropies. The current CEO and the Chairwoman for Bloomberg Philanthropies is Patti Harris.
Family
Michael Bloomberg married Susan Brown, a Yorkshire born girl in the year 1975. They had two daughters by the names Emma, who was born in the year 1979 and Georgina, born in the year 1983. Both his daughters were also featured in a documentary named Born Rich which was about the kids who are born wealthy. Bloomberg separated with his wife, Brown in the year 1993 but still stated that she would remain his best friend. From the year 2010, Bloomberg was reported to be staying with Diana Taylor, who was a former New York State Banking Superintendent.
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And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you. 