Michael Bloomberg

From ArticleWorld

Michael Bloomberg is currently the mayor of New York City. He is also a businessman and one of the richest people in the world.


Michael Rubens Bloomberg was born on February 14, 1942 in Medford, Massachusetts. He received a B.S. in electrical engineering from Johns Hopkins University in 1964 and later an MBA from Harvard University.

Bloomberg is the founder of Bloomberg L.P., which originally sold financial information terminals to Wall Street firms and later launched a radio network that includes WBBR-AM in New York City.

In 1997, Bloomberg published his autobiography Bloomberg by Bloomberg.

In 2001, Bloomberg was elected mayor of New York City. A dedicated democrat, Bloomberg ran on the republican ticket. Pundits believed he did so to avoid the crowded democratic primary. Bloomberg beat out democratic nominee Mark J. Green by only 2 percent.

In 2005, Bloomberg was reelected by the largest margin in a republican over democrat. He beat out Fernando Ferrer with 59 percent of the votes.

In 2004, Forbes Magazine named Bloomberg as No. 34 of the 400 Richest Americans and named him No. 90 in the 500 Richest in the World. He is reportedly worth $5 billion and has donated more than $200 million to Johns Hopkins University.

As mayor, Bloomberg maintains his residence on the Upper East Side and does not live in Grace Mansion, the mayor’s provided home. His address and phone number are still listed in the white pages of the phone book. He also rides the subway to City Hall every morning.

Bloomberg is considered a liberal republican. He supports abortion rights and same-sex marriage.