Michael Bloomberg is an American businessman, politician, and philanthropist. He served as the 108th Mayor of New York City from 2002 to 2013.
During his time in office he was credited with helping to reduce crime rates and improving public health initiatives in the city. Bloomberg also had a major influence on economic development during his tenure as mayor; he helped attract businesses from around the world that brought jobs and investment into New York City’s economy.
Bloomberg has been involved in many different industries over his career including finance, media, real estate development, technology startups and politics among others.
In 1981 he founded financial services company Bloomberg LP which today provides data analytics for clients worldwide across various markets such as equities trading, fixed income investments, commodities, trading derivatives, foreign exchange, asset management, etc. He is estimated to have a net worth of $51 billion dollars making him one of the wealthiest people on earth.
In addition to being a successful business leader, Michael Bloomberg has made numerous charitable donations throughout his life including gifts totaling over $7 billion dollars towards combating climate change.
His philanthropic endeavors have included funding research at universities like Harvard Universityβs School of Public Health where it established The Michael R Bloomber Center for Urban Environment; donating funds towards providing clean water access globally through organizations such as UNICEF; creating scholarships programs for minority students attending college; investing heavily into reducing poverty levels around America by supporting local communities’ efforts through grants; along with other causes related to education, healthcare, poverty alleviation, etc.
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