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Michael Bloomberg

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Michael Bloomberg
Michael Bloomberg in 2007
108th Mayor of New York City
In office
January 1, 2002 – December 31, 2013
Preceded by Rudy Giuliani
Succeeded by Bill de Blasio
Personal details
Born Michael Rubens Bloomberg
February 14, 1942 (1942-02-14) (age 78)
Boston, Massachusetts, U.S.
Political party Democratic Party (until 2001)
Republican Party (2001–2007)
Independent (2007–present)
Domestic partner Diana Taylor
Children Georgina Bloomberg
Emma Bloomberg
Residence Upper East Side, Manhattan, New York City, New York, U.S.
Alma mater Johns Hopkins University (BS)
Harvard University (MBA)
Occupation Businessman, politician, philanthropist
Religion Reform Judaism
Net worth Increase US$ 25 billion (2012)[1]

Michael Rubens Bloomberg (born February 14, 1942) is an American business magnate, politician and philanthropist. He served as the 108th Mayor of New York City for three terms from 2002 to 2013. He has a net worth of $31 billion. He is the tenth-richest person in the United States.[1] He is the thirteenth-richest person in the world.[2]

He is the founder and 88% owner of Bloomberg L.P..[3][4]

Bloomberg began his career at Salomon Brothers before forming his company in 1981 and became its Chairman and CEO.[5] He also served as chairman of the board of trustees at his alma mater Johns Hopkins University from 1996 to 2002.[1] He was a Democrat before running for office. He switched his party registration in 2001 to run for mayor as a Republican. He defeated opponent Mark Green in a close election held just weeks after the September 11 attacks. Bloomberg won a second term in 2005 and left the Republican Party two years later.[5] He campaigned to change the city's term limits law and was elected to his third term in 2009 as an independent candidate on the Republican ballot line.

He was oftenly mentioned as a possible candidate for the U.S. presidential elections in 2008 and 2012,[6] and for New York Governor in 2010. He declined to seek either office, instead wanting to continue serving as Mayor of New York. On January 1, 2014, Bill de Blasio succeeded him as Mayor of New York City.[7]

Early life

Michael Bloomberg was born at St. Elizabeth's Hospital, in the Brighton neighborhood of Boston, on February 14, 1942.[8] His family is Jewish. His father, William Henry Bloomberg (1906–1963), was a real estate agent and the son of Alexander "Elick" Bloomberg, an immigrant from Russia. His mother, Charlotte Rubens Bloomberg (January 2, 1909 – June 19, 2011), was a native of Jersey City, New Jersey. His maternal grandfather, Max Rubens, was an immigrant from present-day Belarus, then also part of Russia.[9][10]


  1. 1.0 1.1 1.2 "Michael Bloomberg". Forbes. September 2012. Retrieved September 26, 2012.
  2. Michael Sherer, "Michael Bloomberg Wants To Be Mayor of the World," Time, October 21, 2013, pages 20-31
  3. Bloomberg's website
  4. "The 400 Richest Americans: #8 Michael Bloomberg". Forbes. September 17, 2008. Retrieved January 12, 2014.
  5. 5.0 5.1 "Bloomberg Leaves Republican Party – NYC Mayor, Subject of Speculation about Presidential Run, Now Unaffiliated". Associated Press. June 20, 2007. Retrieved January 12, 2014.
  6. Chan, Sewell (June 19, 2007). "City Room: Bloomberg Leaving Republican Party". The New York Times.
  7. The New York Times (November 6, 2013). "De Blasio Is Elected New York City Mayor in Landslide". The New York Times. Retrieved November 6, 2013.
  8. Harris, Elizabeth A. (June 20, 2011). "Charlotte R. Bloomberg, Mayor’s Mother, Is Dead at 102". The New York Times. Retrieved January 12, 2014.
  10. Ford, Beverly; Lovett, Kenneth; Blau, Reuven; Einhorn, Erin; Lucadamo; Kathleen (June 19, 2011). "Charlotte Bloomberg, Mayor Bloomberg's Mother, Dies at 102". Daily News (New York). Retrieved January 12, 2014.

Other websites

Party political offices
Preceded by
Rudy Giuliani
Republican nominee for Mayor of New York City
2001, 2005, 2009
Succeeded by
Joe Lhota
Political offices
Preceded by
Rudy Giuliani
Mayor of New York City
Succeeded by
Bill de Blasio