allegations of sexual harassment at Bloomberg L.P. ban on certain large (more than 16 fluid ounce) sugary sodas, Centers for Disease Control and Prevention, Johns Hopkins Bloomberg School of Public Health, U.S. government would withdraw from the Paris climate accord, Charlotte R. Bloomberg Children's Center Building, BloombergKimmel Institute for Cancer Immunotherapy, Ash Center for Democratic Governance and Innovation, Honorary Knight Commander of the Order of the British Empire, "Political Memo; Bloomberg, the Technocrat, Seeks His Inner La Guardia", "Bloomberg apologizes for 'stop-and-frisk' police practice", "Bloomberg a Man of Contradictions, but With a Single Focus", "Charlotte R. Bloomberg, Mayor's Mother, Dies at 102", "Bloomberg Condemns Narrowing Views on College Campuses", "Susan Meyer is Married to Michael Bloomberg", "Charlotte Bloomberg, Mayor Bloomberg's Mother, Dies at 102", "Mayor's Ties to Hometown Fade, but for a few, They Are Still Felt", "Mike Bloomberg campaigns in San Diego for first time", "10 Fun Facts about Johns Hopkins University", "Retro Baltimore Trivia: What was Michael Bloomberg's degree in from Johns Hopkins University? [17], The family lived in Allston until Bloomberg was two years old, followed by Brookline, Massachusetts, for two years, finally settling in the Boston suburb of Medford, Massachusetts, where he lived until after he graduated from college. Walter Bloomberg the identity of the person behind the Twitter handle @DeItaone. In 2001, New York's Republican mayor Rudy Giuliani, was ineligible for re-election due to the city's limit of two consecutive terms. [61], Bloomberg stated that he wanted public education reform to be the legacy of his first term and addressing poverty to be the legacy of his second. When it comes to Americans' actual net worth, 31% say their net worth is $0 or in the negative, meaning their total amount of liabilities meets or exceeds their assets. [345][346] Bloomberg has written a number of op-eds in The New York Times about various issues, including an op-ed supporting state and local efforts to fight climate change (2017),[347] an op-ed about his donation of $1.8billion in financial aid for college students and support for need-blind admission policies (2018);[348] an op-ed supporting a ban on flavored e-cigarettes (2019);[349] and an op-ed supporting policies to reduce economic inequality (2020).[350]. [81][82], Bloomberg was re-elected mayor in November 2005 by a margin of 20 percent, the widest margin ever for a Republican mayor of New York City. The joint effort worked to convince the business community of the need for more sustainable energy and development policies, by quantifying and publicizing the economic risks the United States faces from the impact of climate change. [249] In 2016, Bloomberg Philanthropies contributed $300million to establish the Bloomberg American Health Initiative. Although no formal organization was established, the effort was understood to be designed to help bring various philanthropic projects of the mega-donors into a more unified effort to address various problems on our planet. "An Exclusive Look at Michael Bloomberg and Carl Pope's Book on Climate Change", "Hardcover Nonfiction Books Best Sellers", Michael Bloomberg: Why Im Giving $1.8 Billion for College Financial Aid, Ban Flavored E-Cigarettes to Protect Our Children, https://en.wikipedia.org/w/index.php?title=Michael_Bloomberg&oldid=1149920558, American chief executives in the media industry, American chief executives of financial services companies, American people of Belarusian-Jewish descent, American people of Russian-Jewish descent, Candidates in the 2020 United States presidential election, Honorary Knights Commander of the Order of the British Empire, Jewish mayors of places in the United States, Members of the American Philosophical Society, Jewish American people in New York (state) politics, Jewish American candidates for President of the United States, Special Envoys of the Secretary-General of the United Nations, Short description is different from Wikidata, Wikipedia pages semi-protected against vandalism, All Wikipedia articles written in American English, Articles with unsourced statements from October 2016, Creative Commons Attribution-ShareAlike License 3.0, Cofounding a $75million fund for nonprofits impacted by COVID-19 in New York City. [231] which convened assembled hundreds of city leaders from around the world at Paris City Hall to discuss fighting climate change. Wade. Another factor was the vote in Staten Island, which has traditionally been friendlier to Republicans than the rest of the city. He made his billions from the company he found "Bloomberg L.P", and he currently works as its chief executive officer. Details about the calculations are provided in the net worth analysis on each billionaire's profile page.. [63], Bloomberg accepted a remuneration of $1 annually in lieu of the mayoral salary. [169], Over his career, Bloomberg has "mingled support for progressive causes with more conservative positions on law enforcement, business regulation and school choice. The following is a list of the wealthiest individuals with "Canada" listed as their "Country/Region" according to Bloomberg's daily listing, the Bloomberg Billionaires Index, as of 22 May 2022. Civil libertarians such as former New York Civil Liberties Union Director Norman Siegel and New York Civil Rights Coalition Executive Director Michael Meyers joined with local politicians to protest the process as undermining the democratic process. [148] His campaign blanketed the country with campaign advertisements on broadcast and cable television, the Internet, and radio,[149] as well as direct mail. The highest ranking includes only two people: Jeff Bezos and Bill Gates. . [315], Bloomberg has received honorary degrees from Tufts University (2007),[316] Bard College (2007),[317] Rockefeller University (2007),[318] the University of Pennsylvania (2008),[319] Fordham University (2009),[320][321] Williams College (2014),[322][323] Harvard University (2014),[324] the University of Michigan (2016),[325] Villanova University (2017) [326] and Washington University in St. Louis (2019). [255][256] Bloomberg Philanthropies also supports CollegePoint which has provided advising to lower- and moderate-income high school students since 2014. In the immediate aftermath of Hurricane Sandy in November 2012, Bloomberg penned an op-ed officially endorsing Barack Obama for president, citing Obama's policies on climate change. [259] It is the largest donation in the museum's 186-year history. The bulk of Pence's portfolio comes from his federal pension from serving as veep and U.S. congressman, and his state pension from serving as governor of Indiana from 2012 to 2016, according to Forbes. [2] Walter Droege founded Droege International Group AG, which provides restructuring and turnaround advisory services, in 1988 in Dsseldorf, Germany. "Handling this financial crisis while strengthening essential services is a challenge I want to take on," Bloomberg said at a news conference. He also had a huge campaign spending advantage. [13][14] Bloomberg's maternal grandfather, Max Rubens, was a Lithuanian Jewish immigrant from present-day Belarus,[15][16] and his maternal grandmother was born in New York to Lithuanian Jewish parents. Bloomberg's Millions Funded an Effective Campaign Against Vaping. [9][10] Bloomberg's family is Jewish,[11] and he is a member of the Temple Emanu-El in Manhattan. [23][24] He graduated in 1964 with a Bachelor of Science degree in electrical engineering. [106] The Independence Party later questioned how Haggerty spent the money, which was to go to poll-watchers. Bloomberg also owns two helicopters: an AW109 and an Airbus helicopter[313] and as of 2012 was near the top of the waiting list for an AW609 tiltrotor aircraft. Bloomberg criticized Democratic mayoral candidate Bill de Blasio's campaign methods, which he initially called "racist"; Bloomberg later downplayed and partially retracted those remarks. Now He's Apologizing", "Meet the Journalist Who Exposed Bloomberg's Racist Defense of Targeting Black & Brown Youth", "Bloomberg Proposes $5 Trillion in Taxes on the Rich and Corporations", "Bloomberg's new plan to crack down on Wall Street includes financial transactions tax", "More Than Half of America's 100 Richest People Exploit Special Trusts to Avoid Estate Taxes", "Michael Bloomberg Tops Philanthropy 50 as Records for Billion-Dollar Giving Are Set", "Conservative Billionaire Richard Scaife Tops List of 50 Biggest Donors", "2019 Annual Report | Bloomberg Philanthropies", In a Year of Record-Breaking Giving, Bloomberg Tops Philanthropy 50 Rankings, "Bloomberg Is Quietly Ending a Charitable Program", "Bloomberg Family Foundation to Support Arts", "Mayor Bloomberg rivals Gates for charity gifts: Donated $254M in 2009", "Micahel Bloomberg Wall Street data pioneer and x-NYC Mayor", "Broad, Bloomberg Back Buffett Call for Billionaire Donations", "Michael Bloomberg, Jon Stryker Donate To $75 Million COVID-19 Fund For New York City Nonprofits", "Michael Bloomberg Gives $6 Million to World Central Kitchen", "Johns Hopkins launches free course to train Covid-19 contact tracers worldwide", "Bloomberg Philanthropies, State of Maryland fund Johns Hopkins Univ. Called the Discover New York Arts Project, the project includes organizations HERE, New York Theatre Workshop, and the Kaufman Center. $4 Million. [76] The program was discontinued in 2014. [179][180] He has also proposed more stringent financial regulations that include tougher oversight for big banks, a financial transactions tax, and stronger consumer protections. [276], In Bloomberg is the co-founder of Everytown for Gun Safety (formerly Mayors Against Illegal Guns), a gun control advocacy group. [232][233][234] The Summit concluded with the presentation of the Paris Declaration, a pledge by leaders from assembled global cities to cut carbon emissions by 3.7 gigatons annually by 2030. [138] On October 10, 2018, Bloomberg announced that he had returned to the Democratic party. Lukoil's ex-boss Vagit Alekperov was ranked as the fourth-richest Russian businessman. Thomas Ognibene sought to run against Bloomberg in the Republican Party's primary election. In 2011, Bloomberg launched the NYC Young Men's Initiative, a $127million initiative to support programs and policies designed to address disparities between young Black and Latino men and their peers, and personally donated $30million to the project. Bloomberg ranked the families with the richest fortunes across the globe together, they possess $1.4 trillion in wealth from retail industries, media conglomerates, agribusiness companies, tech. Convention", "Bloomberg wins by a KO: Crushes Ferrer by nearly 20-point margin", "Ognibene Loses Bid for Line on Ballot Against Bloomberg", "Ognibene Will Fight Bloomberg All the Way to November Election", "Democrats Celebrate as Voters Pile Woe Upon Woe for Bush", "Bloomberg News: A 'Subway Series' for President? [37] The company sold customized computer terminals that delivered real-time market data, financial calculations and other analytics to Wall Street firms. [62], Bloomberg chose to apply a statistical, metrics-based management approach to city government, and granted departmental commissioners broad autonomy in their decision-making. The Company provides oil and gas drilling and production services. In late 2004 or early 2005, Bloomberg gave the Independence Party of New York $250,000 to fund a phone bank seeking to recruit volunteers for his re-election campaign. [191], Bloomberg gave $254million in 2009 to almost 1,400 nonprofit organizations,[192] saying, "I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker."[193][194]. He is the majority owner, co-founder and CEO of Bloomberg L.P. [258] Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in Medford, Massachusetts. And that's one of the reasons I've decided I'm just not going to make an endorsement in the race." $94.5 B. Michael Bloomberg Earned $48 Billion and Eternal Adoration From Wall Street. Photo: Chris Goodney/Bloomberg via Getty Images Harlan Crow sits for a photograph at the Old . Who always does what's best for him or her, even when it hurts the company, and whose reckless decisions put you in danger, and who spends more time tweeting than working? Bloomberg spent the next twenty years as its chairman and CEO. [342] A second edition was released in 2019, ahead of Bloomberg's presidential run. Walter Oil & Gas Corporation operates as an oil and gas company. The initiative supports state-based solutions aimed at ensuring America has a clean, reliable, and affordable energy system. According to Forbes magazine estimates, he's the eighth-richest person in America with a net worth of $53.4 billion making. Partnering with Johns Hopkins University to train COVID-19 contact tracers through its school of public health and search for a treatment of the virus. [77], In a January 2014 Quinnipiac poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success".[78]. The teams are one of Bloomberg Philanthropies' key goals: advancing government innovation. [33][34][35], Using this money, Bloomberg, having designed in-house computerized financial systems for Salomon, set up a data services company named Innovative Market Systems (IMS)[36] based on his belief that Wall Street would pay a premium for high-quality business information, delivered instantaneously on computer terminals in a variety of usable formats. [226], In late 2014, Bloomberg, Ban Ki-moon, and global city networks ICLEI-Local Governments for Sustainability (ICLEI), C40 Cities Climate Leadership Group (C40) and United Cities and Local Governments (UCLG), with support from UN-Habitat, launched the Compact of Mayors, a global coalition of mayors and city officials pledging to reduce local greenhouse gas emissions, enhance climate resilience, and track their progress transparently. Bloomberg was born on February 14, 1942, at St. Elizabeth's Hospital, in the Brighton neighborhood of Boston, to William Henry Bloomberg (19061963), a bookkeeper for a dairy company,[6] and Charlotte (ne Rubens) Bloomberg (19092011). [95] In exchange, he was promised a seat on an influential city board by Bloomberg. [29] He wrote an autobiography, Bloomberg by Bloomberg, with help from Bloomberg News editor-in-chief Matthew Winkler. The businessman and politician is worth a staggering $65.2 billion, according to Forbes' real-time net worth tracker, making him the 8th richest person in the world. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Although New York City's campaign finance law restricts the amount of contributions that a candidate can accept, Bloomberg chose not to use public funds and therefore his campaign was not subject to these restrictions. [273][274] Bloomberg has donated close to $1billion to the World Health Organization (WHO) to promote anti-smoking efforts, including $125million in 2006, $250million in 2008, and $360million, making Bloomberg Philanthropies the developing world's biggest funder of tobacco-control initiatives. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. The program was later expanded to competitions in Latin America and Europe. [272], Bloomberg has been a longtime donor to global tobacco control efforts. [238][239] About a month later, Bloomberg and California Governor Jerry Brown announced that the America's Pledge coalition would work to "quantify the actions taken by U.S. states, cities and business to drive down greenhouse gas emissions consistent with the goals of the Paris Agreement. [72] The policy was challenged in U.S. Federal Court, which ruled that the city's implementation of the policy violated citizens' rights under the Fourth Amendment of the Constitution and encouraged racial profiling. *Walter Bloomberg @DeItaone about 18 hours ago U.S. PRESIDENT JOE BIDEN TO NAME JEFF ZIENTS AS HIS CHIEF OF STAFF - WASHINGTON POST, CITING FOUR PEOPLE FAMILIAR WITH DECISION 124 19 *Walter Bloomberg @DeItaone about 20 hours ago 'AVATAR: THE WAY OF WATER' REACHES $2.024 BILLION IN GLOBAL BOX OFFICE RECEIPTS - DISNEY $DIS 561 88 Mark Walberg has a net worth of $400 million, making him the richest among the Wahlberg brothers. Bloomberg received 75 percent of the vote in Staten Island. [32] Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $10million for his equity in the firm. Bloomberg was frequently mentioned as a possible centrist candidate for the presidential elections in 2008[118][119] and 2012, as well as for governor of New York in 2010[120] or vice-president in 2008.
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