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United States Michael Bloomberg is an entrepreneur, former three-term Mayor of New York City and global philanthropist, recognized for his impactful leadership in business, government, and various critical international issues.
Michael Bloomberg is the majority owner and co-founder of Bloomberg L.P., a financial information, software, and media firm that he led as CEO for many years, revolutionizing the investment industry with its Bloomberg Terminal.
Bloomberg Philanthropies encompasses all of Mike Bloomberg’s giving, working to ensure better, longer lives for the greatest number of people around the world. In 2024, it distributed $3.7 billion, and Mike Bloomberg has so far donated $21.1 billion to various causes and organizations.
TRIBE's partnership with the Mike Bloomberg 2020 campaign impacted the global conversation around whether politicians should be allowed to pay social media…
Bloomberg has given more than $4.55 billion to Johns Hopkins University, his alma mater, making him the most generous living donor to any education institution in the United States. His contributions include funding for a children's hospital, a public health school, and a $1.8 billion gift for need-blind admissions.
Bloomberg Philanthropies donated $50 million to Sierra Club's 'Beyond Coal' campaign in 2011, enabling it to expand efforts to shut down coal-fired power plants. He made an additional $30 million contribution in 2015, helping retire half of America's coal plants.
Bloomberg has donated close to $1 billion to the WHO to promote anti-smoking efforts, making Bloomberg Philanthropies the developing world's biggest funder of tobacco-control initiatives. In 2016, WHO appointed him Global Ambassador for Noncommunicable Diseases.
Bloomberg endowed the William Henry Bloomberg Professorship at Harvard University with a $3 million gift in 1996 and gave $32 million to create the Bloomberg Harvard City Leadership Initiative in 2016, followed by $150 million to create the Bloomberg Center for Cities in 2021.
In 2015, Bloomberg donated $100 million to Cornell Tech, the applied sciences graduate school of Cornell University, located on Roosevelt Island.
Bloomberg donated $50 million to the Museum of Science, Boston in 2016, crediting the museum with sparking his intellectual curiosity during his youth. This is the largest donation in the museum's history.
In April 2022, Bloomberg announced a $100 million donation to Harlem Children’s Zone’s Promise Academy.
In April 2022, Bloomberg announced a $100 million donation to Success Academy Charter Schools.
Following the Hamas attack on Israel in October 2023, Bloomberg committed to matching donations to the Israeli Red Cross, Magen David Adom, matching $25 million by October 19, 2023.
In January 2024, a group led by David Rubenstein, which included Bloomberg, reached a $1.725 billion deal to buy the Baltimore Orioles.
Michael Rubens Bloomberg, born on February 14, 1942, in Medford, Massachusetts, began his notable career after graduating from Johns Hopkins University with a B.S. in electrical engineering in 1964 and Harvard Business School with an MBA in 1966. He started at Salomon Brothers, a Wall Street investment bank, in 1966, quickly rising to become a general partner by 1972, heading equity trading and systems development. In 1981, after being laid off during a merger, Bloomberg used his $10 million severance to found Innovative Market Systems (later Bloomberg L.P.), building it into a global leader in financial data services with the innovative Bloomberg Terminal. This enterprise revolutionized the investment industry by providing real-time market data and analytics, becoming a multi-billion dollar company with over 325,000 subscribers and 20,000 employees worldwide by 2019.
Bloomberg transitioned into public service, serving as the 108th Mayor of New York City for three consecutive terms from 2002 to 2013. Elected weeks after the September 11 attacks, he led New York City’s recovery, implementing policies that transformed the city’s infrastructure and public health. Key achievements during his mayoral tenure included turning a significant budget deficit into a surplus, establishing public charter schools, revitalizing urban areas, and introducing landmark health initiatives such as citywide smoking bans in 2002 and a trans-fat ban in restaurants in 2006. He also championed bicycle lanes, calorie count mandates for chain restaurants, and the pedestrianization of Times Square. Despite facing criticism for certain policies like the stop-and-frisk program, his administration is widely credited with significant improvements in urban living and governance.
Following his mayoral terms, Bloomberg returned to lead Bloomberg L.P. as CEO from 2014 to 2019, while also expanding his substantial philanthropic efforts through Bloomberg Philanthropies. This organization, which distributed $3.7 billion in 2024 and has seen over $21.1 billion in lifetime donations from Bloomberg, focuses on public health, environmental issues, education, arts, and government innovation. He has been a prominent advocate and funder for climate change initiatives, including the ‘Beyond Coal’ and ‘Beyond Carbon’ campaigns, and has made over $4.55 billion in donations to Johns Hopkins University, his alma mater, making him one of the most generous donors to any educational institution in the U.S. In 2024, he was recognized with the Presidential Medal of Freedom for his extensive contributions.
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