Michael Rubens Bloomberg (born February 14, 1942) is an American business magnate, politician and philanthropist. He was the 108th Mayor of New York City for three terms from 2002 to 2013. 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. He is the founder and 88% owner of Bloomberg L.P.. In November 2019, Bloomberg announced his presidential campaign for the Democratic nomination for President of the United States in 2020. He ended his campaign in March 2020 after losing many states on Super Tuesday.
Michael Bloomberg in January 2019
|108th Mayor of New York City|
January 1, 2002 – December 31, 2013
|Preceded by||Rudy Giuliani|
|Succeeded by||Bill de Blasio|
Michael Rubens Bloomberg
February 14, 1942
Boston, Massachusetts, U.S.
|Political party||Democratic (before 2001, 2018–present)|
(m. 1975; div. 1993)
|Domestic partner||Diana Taylor (2000–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 2019)|
Michael Bloomberg was born at St. Elizabeth's Hospital, in the Brighton neighborhood of Boston, on February 14, 1942. 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.
Bloomberg began his career at Salomon Brothers before forming his company in 1981 and became its Chairman and CEO. He also served as chairman of the board of trustees at his alma mater Johns Hopkins University from 1996 to 2002.
Mayor of New York City (2002–2013)Edit
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. 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 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.
Post mayoral careerEdit
He was often mentioned as a possible candidate for the U.S. presidential elections in 2008 and 2012, 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.
Bloomberg is co-chair with Tom Steyer and Henry Paulson for a report called Risky Business Archived 2015-02-14 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.
In 2015, there was speculation of Bloomberg possibly running for president in the 2016 U.S. presidential election. On January 10, 2016, Bloomberg showed interest in running as an Independent in the upcoming election. On March 7, 2016, Bloomberg said that he will not run for president lest it bring victory to Donald Trump or Ted Cruz.
2020 presidential campaignEdit
Following the 2016 election, Bloomberg was seen as a possible candidate for the 2020 election. In October 2018, Bloomberg announced that he had changed his political party affiliation to Democratic. In March 2019, Bloomberg said that he would not run for president.
However, later that year on November 7, 2019, Bloomberg announced that he was taking steps to enter the 2020 presidential race, and said that he would make a formal announcement of his campaign soon. On November 21, he filed paperwork to enter the Democratic primaries. Three days later, Bloomberg launched his campaign and his official website.
Bloomberg's total spending in the primary has passed $500 million, making it the most money spent on a presidential primary campaign in American history.
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, 2020 and announced his support of Joe Biden.
- Why Municipalities Are the Key to Fighting Climate Change September/October 2015 Foreign Affairs
- Michael Sherer, "Michael Bloomberg Wants To Be Mayor of the World," Time, October 21, 2013, pages 20-31
- "Bloomberg – Are you a robot?". www.bloomberg.com. Cite uses generic title (help)
- "The 400 Richest Americans: #8 Michael Bloomberg". Forbes. September 17, 2008. Retrieved January 12, 2014.
- Harris, Elizabeth A. (June 20, 2011). "Charlotte R. Bloomberg, Mayor's Mother, Is Dead at 102". The New York Times. Retrieved January 12, 2014.
- Purnick, Joyce (8 October 2009). "'Mike Bloomberg,' by Joyce Purnick" – via NYTimes.com.
- Ford, Beverly; Lovett, Kenneth; Blau, Reuven; Einhorn, Erin; Lucadamo; Kathleen (June 19, 2011). "Charlotte Bloomberg, Mayor Bloomberg's Mother, Dies at 102" Archived 2012-10-28 at the Wayback Machine. Daily News (New York). Retrieved January 12, 2014.
- Ward, Marguerite (22 May 2017). "Billionaire Michael Bloomberg: When choosing a job, prioritize this over salary". CNBC. Retrieved 20 February 2021.
- "Bloomberg Leaves Republican Party – NYC Mayor, Subject of Speculation about Presidential Run, Now Unaffiliated". msnbc.com. Associated Press. June 20, 2007. Retrieved January 12, 2014.
- Blow, Charles M. (2019-11-10). "Opinion | You Must Never Vote for Bloomberg". The New York Times. ISSN 0362-4331. Retrieved 2019-12-19.
- Chan, Sewell (June 19, 2007). "City Room: Bloomberg Leaving Republican Party". The New York Times.
- 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.
- 5 Dire Warnings From Bipartisan Report on Climate Change's Economic Impact; Risks include flooding, disruption to farming, and dangerous heat. June 25, 2014 National Geographic
- Harper, Jennifer (August 18, 2015) Inside the Beltway: Michael Bloomberg, a Democratic presidential candidate?, Washington Times. Retrieved August 19, 2015
- Lucas, Fred (August 8, 2015) Early State Primary Voters Will See More ‘Michael Bloomberg for President’ Ads — From the NRA Archived 2015-09-03 at the Wayback Machine, The Blaze. Retrieved August 19, 2015
- Chambers, Francesca (June 5, 2015) Could Hillary get serious opposition as another no-hoper – Lincoln Chafee – enters 2016 race: Michael Bloomberg holds meeting on running for White House and says it’s 'no problem' becoming a Democrat, The Daily Mail.com. Retrieved August 19, 2015
- "Bloomberg commissioned poll to test 2016 waters, source says". CNN.com. Retrieved January 10, 2016.
- "Bloomberg Eyes Third-Party Run Against Trump and Clinton". Weekly Standard.com. Retrieved January 10, 2016.
- CNN, Devan Cole. "Bloomberg re-registers as a Democrat, saying the party must provide 'checks and balances'". CNN. Retrieved 2018-10-10.
- Burns, Alexander (March 5, 2019). "Michael Bloomberg Will Not Run for President in 2020". The New York Times. Retrieved 2019-11-07.
- Viser, Matt, & Scherer, Michael (March 5, 2019). "Billionaire and ex-New York City mayor Michael Bloomberg is taking steps to run for president". The Washington Post. Retrieved 2019-11-07.
- Caitlin Conant (November 8, 2019). "2020 Daily Trail Markers: Bloomberg to make decision about running "in the near future"". CBS News. Retrieved November 8, 2019.
- "Michael Bloomberg files paperwork to enter 2020 Democratic primary". NBC News. November 21, 2019.
- "Michael Bloomberg launches Democratic presidential bid". AP NEWS. November 24, 2019.
- Allsion, Bill; Niquette, Mark (February 24, 2020). "Bloomberg Tops Half a Billion Dollars in Campaign Advertising". Bloomberg. Retrieved February 24, 2020.
- "Mike Bloomberg Suspends His Presidential Campaign, Endorses Joe Biden". NPR. March 4, 2020.
|Wikiquote has a collection of quotations related to: Michael Bloomberg|
|Wikimedia Commons has media related to Michael Bloomberg.|
|Wikinews has news related to this article: Michael Bloomberg|
- mikebloomberg.com, Bloomberg's official website
- nyc.gov/mayor, official mayoral website
- Michael Bloomberg, City Mayors' Mayor of the Month for August 2012
- Profile at Bloomberg Businessweek
- #23 Michael Bloomberg at Forbes list of 2010 world's billionaires
- Appearances on C-SPAN
- Michael Bloomberg on IMDb
- Issue positions and quotes at On The Issues
- Works by or about Michael Bloomberg in libraries (WorldCat catalog)
- Michael Bloomberg collected news and commentary at the New York Daily News
- Michael Bloomberg collected news and commentary at Newsday
- Biography at the Encyclopaedia Britannica
|Party political offices|
| Republican nominee for Mayor of New York City
2001, 2005, 2009
| Mayor of New York City
Bill de Blasio