He served as the mayor of New York City for three terms from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States. "[170] Bloomberg supports gun-control measures, abortion rights, same-sex marriage, and a pathway to citizenship for illegal immigrants. [60] Bloomberg joined Rudy Giuliani, John Lindsay, and Fiorello La Guardia as re-elected Republican mayors in the mostly Democratic city. [165] These initiatives were supported by public health advocates[165][168] but were criticized by some as "nanny state" policies. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. Who Is Walter Bloomberg? - Who Facts [223][224] He resigned in November 2019, in the run-up to his presidential campaign. [298], Although he attended Hebrew school, had a bar mitzvah, and his family kept a kosher kitchen, Bloomberg today is relatively secular, attending synagogue mainly during the High Holidays and a Passover Seder with his sister, Marjorie Tiven. Bloomberg's votes on that line exceeded his margin of victory over Green. [215], Since 2010, Bloomberg has taken an increasingly global role on environmental issues. 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. Walter Bloomberg Profiles | Facebook Chairman and CEO of L Brands (formerly known as Limited Brands,) Wexner has a net worth of $8.9 billion, according to Bloomberg. CEO. 2020. [69] This went into effect in July 2008 and has since been adopted in many other cities and countries. "Gun-control group co-founded by Bloomberg announces $60 million spending plan for 2020 elections", "Michael R. Bloomberg Becomes WHO Global Ambassador for Noncommunicable Diseases", "Michael Bloomberg Joins U.N. Agency as Health Ambassador", "WHO appoints former NY mayor Bloomberg as global health ambassador", "A $1.2 million grant helped turn outdoor areas in NYC into play spaces for kids", "Summer Spaces to Provide Free and Safe Outdoor Programming to NYC Kids", "Michael Bloomberg donates $3M toward new library in his Mass. [254] In 2016, Bloomberg joined Vice President Joe Biden for the institute's formal launch, embracing Biden's "Cancer Moonshot" initiative, which seeks to find a cure for cancer through national coordination of government and private sector resources. [159][160][161] In 2004, he endorsed the re-election of George W. Bush and spoke at the 2004 Republican National Convention. ", "As the Clintons Step Back From Global Stage, Bloomberg Steps Up", "The US Government-In-Exile Has A New President", "Bloomberg Claps Back at Trump at Inaugural Business Forum", "Billionaire club in bid to curb overpopulation", "They're called the Good Club and they want to save the world", "Interfaith Celebrities: a Former Geek, the Equestrian Author, and an Aboriginal Jewish Doctor", "A Mayor by Her Side, but Politics Woos Her, Too", "Mayor Bloomberg's girlfriend Diana Taylor says no need for police escort", "The Mayor's Lady, Her Own Woman, One and the Same", "Inside the relationship of Mike Bloomberg and his longtime partner, Diana Taylor, who met at a business lunch 20 years ago and live in a 5-story Manhattan townhouse", "Commissioner Marjorie B. Tiven, Office of the Mayor, Commission for the United Nations Consular Corps & Protocol", "Mike Bloomberg for years has battled women's allegations of profane, sexist comments", "Michael Bloomberg's past comments about women and rape will likely haunt him on the 2020 campaign trail", "Bloomberg grows his Hamptons estate, reveals overseas bank accounts", "Bloomberg Buys Southampton 'Ballyshear Estate' For $20 Million", "Michael Bloomberg buys 16m house in exclusive London street", "New York's Mayor, but Bermuda Shares Custody", "Mayor Takes the Subway by Way of S.U.V. . [2] Since signing The Giving Pledge, Bloomberg has given away $8.2billion to philanthropic causes. Bloomberg Businessweek 'wealth number' ranking shows inequality - CNBC 25 of the Richest Engineers Around The World | IE - Interesting Engineering "[242] Two think tanks, World Resource Institute and the Rocky Mountain Institute, will work with America's Pledge to analyze the work cities, states and businesses do to meet the U.S. commitment to the Paris agreement. In 2019, Brazilian-Lebanese banker Joseph Safra had a fortune worth more than $23.8 billion and was thus the richest person in the country. 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). Forbes 400: The Full List Of The Richest People In America 2016 Bloomberg, who turned 81 in February, is worth nearly $95 billion, according to Forbes. The highest ranking includes only two people: Jeff Bezos and Bill Gates. [22] He went on to attend Johns Hopkins University, where he joined the fraternity Phi Kappa Psi. [86] Ognibene accused Bloomberg of betraying Republican Party ideals, a feeling echoed by others. Walter Oil & Gas serves customers in the United States. Roberts is the richest of the Supreme Court justices, reporting between $9 million to $27 million in assets. [3], As the mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. Bloomberg replied, "I'm making an investment in this country. [103], After the release of Independence Party campaign filings in January 2010, it was reported that Bloomberg had made two $600,000 contributions from his personal account to the Independence Party on October 30 and November 2, 2009. [104] The Independence Party then paid $750,000 of that money to Republican Party political operative John Haggerty Jr.[105], This prompted an investigation beginning in February 2010 by the office of New York County District Attorney Cyrus Vance Jr. into possible improprieties. [258] Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in Medford, Massachusetts. The $1,350,000 was not the only money Walter was paid by Gus. Lower oil and natural-gas prices dragged upstream earnings down compared . Bloomberg self-funded $935million[5] for his candidacy, which set the record for the most expensive U.S. presidential primary campaign. [327] Bloomberg was the speaker for Princeton University's 2011 baccalaureate service. Bloomberg's Millions Funded an Effective Campaign Against Vaping. 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. As of April 2023, the estimated net worth of the businessman, politician, author and a philanthropist Michael Bloomberg is $55 billion. 113. *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 That's a risk I refused to run in 2016 and we can't afford to run it now. 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. [106] The Independence Party later questioned how Haggerty spent the money, which was to go to poll-watchers. [272], Bloomberg has been a longtime donor to global tobacco control efforts. 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? [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. [231] which convened assembled hundreds of city leaders from around the world at Paris City Hall to discuss fighting climate change. [36], The culture of the company in the 1980s and 1990s has been compared to a fraternity, with employees bragging in the company's office about their sexual exploits. [30][31], In 1973, Bloomberg became a general partner at Salomon Brothers, a large Wall Street investment bank, where he headed equity trading and, later, systems development. The teams are one of Bloomberg Philanthropies' key goals: advancing government innovation. [248][249] In 2013, Bloomberg committed $350million to Johns Hopkins, five-sevenths of which were allocated to the Bloomberg Distinguished Professorships. [115][116], On January 1, 2014, de Blasio became New York City's new mayor, succeeding Bloomberg.[117]. [83] He spent almost $78million on his campaign, exceeding the record of $74million he spent on the previous election. [303][304] In 2015, he acquired 4 Cheyne Walk, a historical property in Cheyne Walk, Chelsea, London, which once belonged to writer George Eliot. [302] In 2013, he owned 13 properties in various countries around the world, including a $20million Georgian mansion in Southampton, New York. "[248] His first contribution, in 1965, had been $5. Language links are at the top of the page across from the title. Green. 1. [281][282] He donated $3 million to the construction of a new public library in his hometown of Medford[283] and $75million for The Shed, a new arts and cultural center in Hudson Yards, Manhattan. Musk's net worth more than tripled in 2020 thanks to Tesla stock's over 700% boost during the year, which was filled with profitable quarters, new vehicle . Walter was 68 and had a net worth of $6.9 billion at the time of his death, according to Forbes. [314] In his youth he was a licensed amateur radio operator, was proficient in Morse code, and built ham radios. 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. Forbes lists Kwok and his brother Walter Kwok's net worth at $16.5 billion as of . That includes a waterfront cottage in Maine, located on an island accessible only by boat, which is valued at an estimated $250,000-$500,000 per year, and part of a cottage in Ireland, valued at less than $15,000. [139], On March 5, 2019, Bloomberg had announced that he would not run for president in 2020. Bloomberg, who had been a lifelong member of the Democratic Party, decided to run for mayor on the Republican ticket. Here's How Much Mike Pence Is Really Worth - TheList.com [32] Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $10million for his equity in the firm. [87][88][89][90], Bloomberg opposed the confirmation of John Roberts as Chief Justice of the United States. [38], In 1986, the company renamed itself Bloomberg L.P.[32] Over the years, ancillary products including Bloomberg News, Bloomberg Radio, Bloomberg Message, and Bloomberg Tradebook were launched. [77], In a January 2014 Quinnipiac poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success".[78]. ", "Mayor Bloomberg gets ride on No. He spent $73million of his own money on his campaign, outspending Green five to one. ", "Life After B-School: 5 Very Different HBS Grads", "The 30 most successful Harvard Business School graduates of all time", "Bloomberg News reaches into British media for a new top editor", "How Michael Bloomberg Went From Bond Trader To Billionaire Media Mogul With One Incredible Machine", "City Will Help Retrain Laid-Off Wall Streeters", "Michael Bloomberg on How to Succeed in Business", "How Mike Bloomberg made his billions: a computer system you've probably never seen", "How the Bloomberg Terminal Made HistoryAnd Stays Ever Relevant", "Bloomberg's Team Calls His Crude Remarks on Women 'Wrong', "Mike Bloomberg made crass sexual remarks about women in the workplace as recently as 2014, according to a former executive", "Booklet of Mike Bloomberg's 'Wit and Wisdom' could haunt him during presidential bid: Critics", "CORRECTED-RPT-INSIGHT-The Lex Factor roils Dow Jones", "Michael Bloomberg to Return to Lead Bloomberg L.P.", "The 400 Richest Americans: #8 Michael Bloomberg", "Bloomberg returns to media company as CEO leaves", "Forbes Billionaires 2021: The Richest People in the World", "THE MAYORAL TRANSITION: OVERVIEW; Bloomberg Takes Oath as 108th Mayor of New York", "Bloomberg upsets critics by spending wealth to seek presidency", "The Mayor's Legacy: Educational Improvements and Poverty Reduction, Or Bold Budgeting and Economic Development? [275] Bloomberg's contributions are aimed at "getting countries to monitor tobacco use, introduce strong tobacco-control laws, and create mass media campaigns to educate the public about the dangers of tobacco use. [98] After two days of public hearings, Bloomberg signed the bill into law on November 3. [181] He supported decreasing estate-tax threshold to collect more estate taxes and close tax avoidance schemes. [210] In early June 2019, Bloomberg pledged $500 million to reduce climate impacts and shut remaining coal-fired power plants by 2030 via the new Beyond Carbon initiative. *WALTER BLOOMBERG TWEETS | TexAgs $94.5 B. Worker Got Bloomberg Money Is Investigated", "Vance Investigating Indy/Bloomberg/Haggerty Connection", "Independence Party to Haggerty: Where's Our Money? Thomas Ognibene sought to run against Bloomberg in the Republican Party's primary election. In July 2011, Bloomberg Philanthropies donated $50 million to Sierra Club's Beyond Coal campaign, allowing the campaign to expand its efforts to shut down coal-fired power plants from 15 states to 45 states. "[152], Speaking on the final night of the 2020 Democratic National Convention, Bloomberg took aim at Trump's handling of the COVID-19 pandemic and the American economy: "Would you rehire or work for someone who ran your business into the ground? Lukoil's ex-boss Vagit Alekperov was ranked as the fourth-richest Russian businessman. *Walter Bloomberg (@DeItaone) . According to The New York Times, Bloomberg was an "anonymous donor" to the Carnegie Corporation from 2001 to 2010, with gifts ranging from $5million to $20million each year. [237] Bloomberg offered up to $15million to the UNFCCC, the UN body that assists countries with climate change efforts. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. [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. "So should the City Council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term. [91] In addition to Republican support, Bloomberg obtained the endorsements of several prominent Democrats: former Democratic mayor Ed Koch; former Democratic governor Hugh Carey; former Democratic City Council Speaker Peter Vallone, and his son, Councilman Peter Vallone Jr.; former Democratic Congressman Floyd Flake (who had previously endorsed Bloomberg in 2001), and Brooklyn Borough President Marty Markowitz. First elected in 2001, he held office for three consecutive terms, winning re-election in 2005 and 2009. ", "Statement By Mayor Bloomberg On Supreme Court Chief Justice Nominee John Roberts", "Mike Soaks Up 2 Big Nods: Vallones Cross Party Line for Mayor", "NYC's Bloomberg Says To Seek Third Term as Mayor", "Ronald Lauder, Leader Of Term-Limit Band", "Lauder Favors a Third Term for Bloomberg", "Term limit deal: Ronald Lauder agrees to stay out of legal battle in return for city board seat", "Citizens Union/NYPIRG Forum on Term Limits Tonight", "City Room: After an Earful, Mayor Signs Term Limits Bill", "New Yorkers Protest Against Bloomberg Plan to Override Term Limits", "Final total of Mayor Bloomberg's 2009 campaign: $109M", "How G.O.P. 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 divorced Brown in 1993, but he has said she remains his "best friend". This trend is exaggerated . [63], Bloomberg accepted a remuneration of $1 annually in lieu of the mayoral salary. Wexner is the founder of L Brands, the former co-owner of around 2,700 women's apparel and beauty stores. 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. An August 2007 story in The New York Times stated that he was often seen chauffeured by two New York Police Department-owned SUVs to an express train station to avoid having to change from the local to the express trains on the IRT Lexington Avenue Line. Bloomberg spent the next twenty years as its chairman and CEO. 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. Brazilian Billionaires: Richest People In Brazil, 2019 Joseph Safra: $23.8 billion Jorge Paulo Lemann: $22.3 billion After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by the end of 2014. View the profiles of people named Walter Bloomberg. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. [248] He made his first $1million commitment to JHU in 1984, and subsequently became the first individual to exceed $1billion in lifetime donations to a single U.S. institution of higher education. See richest billionaires in NY and how much they're worth The guy runs a squawk box service for trading desks that breaks news headlines before the MSM. Have you seen this man? 7 subway line extension he championed", "Airspace Above Hudson a Highway With Few Signs", "Politico Playbook PM: Exodus at the Pentagon", "In His Helicopter, Bloomberg Can Rule Skies, and Even Get to Albany", "New York City's Mayor is a Geek at Heart", "Commencement Address: New York City Mayor Michael Bloomberg", "Bloomberg, Wilson receive honorary degrees", "Mayor Michael Bloomberg's Commencement Remarks", "Michael R. Bloomberg, Commencement Speaker", "Williams College Announces its 2014 Honorary Degree Recipients", "Commencement speaker Bloomberg calls out intolerance, demagoguery", "Michael R. Bloomberg, Founder of Bloomberg L.P., Philanthropist and Three-Term Mayor of New York City, to Deliver Villanova University's 2017 Commencement Address | Villanova University", "Seven to receive honorary degrees at Washington University's 158th Commencement", "Bloomberg urges seniors to follow a path of service", "Mayor Michael R. Bloomberg Delivers Remarks At The Johns Hopkins University 2010 Commencement Ceremony", "Senior class president Pavan Patel said the Class of 2020 is "ready to make its mark", "Yale School of Management Honors Michael R. Bloomberg for Distinguished Leadership in Global Capital Markets", "Golden Plate Awardees of the American Academy of Achievement", "2004 Summit Highlights Photo: Former Prime Minister of Israel Ehud Barak presents the American Academy of Achievement's Golden Plate Award to Michael R. Bloomberg, Founder and CEO of Bloomberg L.P. during a ceremony held at Chicago's Field Museum", "Top Policy Groups Take Action to Create Healthy Communities, Prevent Childhood Obesity", "Past Award Recipients: Our National Winners", "Bloomberg Is First to Receive a $1 Million Jewish Award", "Bloomberg to give away $1m.
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