Michael Bloomberg KBE | |
|---|---|
Michael Bloomberg in January | |
| In office January 1, &#;– December 31, | |
| Preceded by | Rudy Giuliani |
| Succeeded by | Bill de Blasio |
| Born | Michael Rubens Bloomberg () February 14, (age&#;82) Boston, Massachusetts, U.S. |
| Political party | Democratic (before , –present) Independent (–) Republican (–) |
| Height | &#;cm (5&#;ft 7&#;in) |
| Spouse(s) | Susan Brown-Meyer &#; &#; (m.&#;; div.&#;)&#; |
| Domestic partner | Diana Taylor (–present) |
| Children | 2, including Georgina |
| 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 |
| Net worth | US$53 billion (November ) |
| Signature | |
| Website | Official website |
Michael Rubens Bloomberg (born February 14, ) is an American business magnate, politician and philanthropist. He was the th Mayor of New York City for three terms from to , as both a Republican and an independent who purveyed socially liberal and fiscally moderate policies. He has a net worth of $53 billion. He is the ninth-richest person in the United States. He is the thirteenth-richest person in the world.[1] He is the founder and 88% owner of Bloomberg L.P..[2][3] In November , Bloomberg announced his presidential campaign for the Democratic nomination for President of the United States in He ended his campaign in March after losing many states on Super Tuesday.
Michael Bloomberg was born at St. Elizabeth's Hospital, in the Brighton neighborhood of Boston, on February 14, [4] He is Jewish.[5] His father, William Henry Bloomberg (–), was a real estate agent and the son of Alexander "Elick" Bloomberg, an immigrant from Russia. His mother, Charlotte Rubens Bloomberg (January 2, – June 19, ), 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.[6][7]
Bloomberg received a Bachelor's degree in engineering from Johns Hopkins University in He received a Master of Business Administration degree from Harvard University in [8]
Bloomberg began his career at Salomon Brothers before forming his company in and became its Chairman and CEO.[9] He also served as chairman of the board of trustees at his alma mater Johns Hopkins University from to
He was a Democrat before running for office. He switched his party registration in 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 and left the Republican Party two years later.[9] He campaigned to change the city's term limits law and was elected to his third term in as an independent candidate on the Republican ballot line. He was criticized by many for his "Stop And Frisk" policy, which has been criticized for disproportionately affecting Black and Hispanic men in New York City, as most of those stopped (~90%) were not found to be guilty of any crime or wrongdoing.[10]
He was often mentioned as a possible candidate for the U.S. presidential elections in and ,[11] and for New York Governor in He declined to seek either office, instead wanting to continue serving as Mayor of New York. On January 1, , Bill de Blasio succeeded him as Mayor of New York City.[12]
Bloomberg is co-chair with Tom Steyer and Henry Paulson for a report called Risky BusinessArchived at the Wayback Machine by a coalition of top U.S. political and economic leaders from the political left, right, and center on the dire economic consequences from climate change (global warming), from lost property to ruined crops.[13]
In , there was speculation of Bloomberg possibly running for president in the U.S. presidential election.[14][15][16] On January 10, , Bloomberg showed interest in running as an Independent in the upcoming election.[17][18] On March 7, , Bloomberg said that he will not run for president lest it bring victory to Donald Trump or Ted Cruz.
[change | change source]
See the main article: Michael Bloomberg presidential campaign
Following the election, Bloomberg was seen as a possible candidate for the election. In October , Bloomberg announced that he had changed his political party affiliation to Democratic.[19] In March , Bloomberg said that he would not run for president.[20]
However, later that year on November 7, , Bloomberg announced that he was taking steps to enter the presidential race,[21] and said that he would make a formal announcement of his campaign soon.[22] On November 21, he filed paperwork to enter the Democratic primaries.[23] Three days later, Bloomberg launched his campaign and his official website.[24]
Bloomberg's total spending in the primary has passed $ million, making it the most money spent on a presidential primary campaign in American history.[25]
On Super Tuesday, Bloomberg won the American Samoa caucus which brought his first and only victory in his campaign. He ended his campaign the next day on March 4, and announced his support of Joe Biden.[26]
Bloomberg was married to Susan Brown from until they divorced in He is now in a domestic partnership with Diana Taylor since Bloomberg has two daughters with Brown.
| Party political offices | ||
|---|---|---|
| Preceded&#;by Rudy Giuliani | Republican nominee for Mayor of New York City , , | Succeeded&#;by Joe Lhota |
| Political offices | ||
| Preceded&#;by Rudy Giuliani | Mayor of New York City – | Succeeded&#;by Bill de Blasio |