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Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner, co-founder and CEO of Bloomberg L.P. He was
Mayor of New York City The mayor of New York City, officially Mayor of the City of New York, is head of the executive branch of the government of New York City and the chief executive of New York City. The Mayoralty in the United States, mayor's office administers al ...
from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for
President of the United States The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United St ...
. He has served as chair of the Defense Innovation Board, an independent advisory board that provides recommendations on
artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animal cognition, animals and human intelligence, humans. Example tasks in ...
, software, data and digital modernization to the
United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an United States federal executive departments, executive branch department of the Federal government of the United States, federal government charged with coordinating and superv ...
, since June 2022. Bloomberg grew up in
Medford, Massachusetts Medford is a city northwest of downtown Boston on the Mystic River in Middlesex County, Massachusetts, United States. At the time of the 2020 U.S. Census, Medford's population was 59,659. It is home to Tufts University, which has its campus ...
, and graduated from
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hem ...
and
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in M ...
. He began his career at the securities brokerage
Salomon Brothers Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City, New York. It was one of the five List of investment banks, largest investment banking enterprises in the United States and the mo ...
before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its
Bloomberg Terminal The Bloomberg Terminal is a computer software system provided by the financial data vendor Bloomberg L.P. that enables professionals in the financial service sector and other industries to access Bloomberg Professional Services through which use ...
. Bloomberg spent the next twenty years as its chairman and CEO. As of June 2022, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family (publishers), Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing ...
'' ranked him as the sixteenth-richest person in the world, with an estimated net worth of US$82 billion and ranked 14th in Forbes 400 with net worth $55 billion. Since signing
The Giving Pledge The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to Philanthropy, philanthropic causes. , the pledge has 236 signatories from 28 countries. Most of the signatories of the pledge are bi ...
, Bloomberg has given away $8.2 billion to philanthropic causes. Bloomberg was elected the 108th mayor of New York City, and the city's third
Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation A nation is a community of people formed on the basis of a combination of shared features such as language, history, ethnicity, culture and/or ...
mayor. First elected in
2001 The September 11 attacks against the United States by Al-Qaeda, which Casualties of the September 11 attacks, killed 2,977 people and instigated the global war on terror, were a defining event of 2001. The United States led a Participants in ...
, he held office for three consecutive terms, winning re-election in
2005 File:2005 Events Collage V2.png, From top left, clockwise: Hurricane Katrina in the Gulf of Mexico; the Funeral of Pope John Paul II is held in Vatican City; "Me at the zoo", the first video ever to be uploaded to YouTube; Eris (dwarf planet), Er ...
and
2009 File:2009 Events Collage V2.png, From top left, clockwise: The vertical stabilizer of Air France Flight 447 is pulled out from the Atlantic Ocean; Barack Obama becomes the first African American to become President of the United States; 2009 Iran ...
. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. As the mayor of New York, Bloomberg established public
charter school A charter school is a school that receives government funding but operates independently of the established state school School district, system in which it is located. It is independent in the sense that it operates according to the basic Cha ...
s, rebuilt urban infrastructure, and supported
gun control Gun control, or firearms regulation, is the set of laws or policies that regulate the manufacture, sale, transfer, possession, modification, or use of firearms by civilians. Overview of gun laws by nation, Most countries have a restrictive f ...
,
public health Public health is "the science and art of preventing disease, prolonging life and promoting health through the organized efforts and informed choices of society, organizations, public and private, communities and individuals". Analyzing the det ...
initiatives, and environmental protections. 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 The September 11 attacks, commonly known as 9/11, were four coordinated Suicide attack, suicide List of terrorist incidents, terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, ...
. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and
culture of New York City New York City has been described as the cultural capital of the world. The culture of New York is reflected in its size and ethnic diversity. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the ...
during his three terms as mayor. He has also faced significant criticism for his expansion of the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run. 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. In November 2019, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election. He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $935 million for his candidacy, which set the record for the most expensive U.S. presidential primary campaign.


Early life and education

Bloomberg was born on February 14, 1942, at St. Elizabeth's Hospital, in the
Brighton Brighton () is a seaside resort and one of the two main areas of the City of Brighton and Hove in the county of East Sussex, England. It is located south of London. Archaeological evidence of settlement in the area dates back to the Bronze Ag ...
neighborhood of
Boston Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financ ...
, to William Henry Bloomberg (1906–1963), a bookkeeper for a dairy company, and Charlotte (née Rubens) Bloomberg (1909–2011). The Bloomberg Center at the
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in M ...
was named in William Henry's honor. Bloomberg's family is
Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation A nation is a community of people formed on the basis of a combination of shared features such as language, history, ethnicity, culture and/or ...
, and he is a member of the Temple Emanu-El in Manhattan. Bloomberg's paternal grandfather, Rabbi Alexander "Elick" Bloomberg, was a
Polish Jew The history of the Jews in Poland dates back at least 1,000 years. For centuries, Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called Voivodeships ...
. Bloomberg's maternal grandfather, Max Rubens, was a Lithuanian Jewish immigrant from present-day
Belarus Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by R ...
, and his maternal grandmother was born in New York to Lithuanian Jewish parents. The family lived in
Allston Allston is an officially recognized Neighborhoods in Boston, neighborhood within the City of Boston, Massachusetts, United States. It was named after the American painter and poet Washington Allston. It comprises the land covered by the zip code ...
until Bloomberg was two years old, followed by
Brookline, Massachusetts Brookline is a town in Norfolk County, Massachusetts, Norfolk County, Massachusetts, in the United States, and part of the Greater Boston, Boston metropolitan area. Brookline borders six of Boston's neighborhoods: Brighton, Boston, Brighton, A ...
, for two years, finally settling in the Boston suburb of
Medford, Massachusetts Medford is a city northwest of downtown Boston on the Mystic River in Middlesex County, Massachusetts, United States. At the time of the 2020 U.S. Census, Medford's population was 59,659. It is home to Tufts University, which has its campus ...
, where he lived until after he graduated from college. Bloomberg became an
Eagle Scout Eagle Scout is the highest Ranks in Scouts BSA, achievement or rank attainable in the Scouts BSA program of the Boy Scouts of America (BSA). Since its inception in 1911, only four percent of Scouts have earned this rank after a lengthy review p ...
when he was twelve years old. He graduated from Medford High School in 1960. He went on to attend
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hem ...
, where he joined the fraternity
Phi Kappa Psi Phi Kappa Psi (), commonly known as Phi Psi, is an American collegiate social Fraternities and sororities in North America, fraternity that was founded by William Henry Letterman and Charles Page Thomas Moore in Widow Letterman's home on the ca ...
. While there, he constructed the
blue jay The blue jay (''Cyanocitta cristata'') is a passerine bird in the family (biology), family Corvidae, native to eastern North America. It lives in most of the eastern and central United States; some eastern populations may be migratory. Resident ...
costume for the university's
mascot A mascot is any human, animal, or object thought to bring luck, or anything used to represent a group with a common public identity, such as a school A school is an educational institution designed to provide learning spaces and learnin ...
. He graduated in 1964 with a
Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber ar ...
degree in
electrical engineering Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
. In 1966, he graduated from
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in M ...
with a
Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...
(MBA) degree. Bloomberg is a member of Kappa Beta Phi and
Tau Beta Pi The Tau Beta Pi Association (commonly Tau Beta Pi, , or TBP) is the oldest engineering honor society and the second oldest collegiate honor society in the United States. It honors engineering students in American universities who have shown a ...
. He wrote an autobiography, ''Bloomberg by Bloomberg'', with help from
Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and All-news rad ...
editor-in-chief Matthew Winkler.


Business career

In 1973, Bloomberg became a
general partner General partner is a person who joins with at least one other person to form a business. A general partner has responsibility for the actions of the business, can legally bind the business and is personally liable for all the partnership's debts an ...
at
Salomon Brothers Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City, New York. It was one of the five List of investment banks, largest investment banking enterprises in the United States and the mo ...
, a large
Wall Street Wall Street is an eight-block-long street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs between Broadway (Manhattan), Broadway in the west to South Street (Manhattan), South Street and ...
investment bank Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...
, where he headed equity trading and, later, systems development. Phibro Corporation bought Salomon Brothers in 1981, and the new management fired Bloomberg, paying him $10 million for his equity in the firm. Using this money, Bloomberg, having designed in-house computerized financial systems for Salomon, set up a data services company named Innovative Market Systems (IMS) 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. The company sold customized
computer terminal A computer terminal is an electronic or electromechanical computer hardware, hardware device that can be used for entering data into, and transcribing data from, a computer or a computing system. The Teleprinter, teletype was an example of an e ...
s that delivered real-time market data, financial calculations and other analytics to Wall Street firms. The terminal, first called the Market Master terminal, was released to market in December 1982. In 1986, the company renamed itself Bloomberg L.P. Over the years, ancillary products including
Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency A news agency is an organization that gathers news reports and sells them to subscribing news organizations, such as newspapers, magazines and All-news rad ...
, Bloomberg Radio, Bloomberg Message, and Bloomberg Tradebook were launched. Bloomberg, L.P. had revenues of approximately $10 billion in 2018. As of 2019, the company has more than 325,000 terminal subscribers worldwide and employs 20,000 people in dozens of locations. 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. The company was sued four times by female employees for
sexual harassment Sexual harassment is a type of harassment involving the use of explicit or implicit sexual overtones, including the unwelcome and inappropriate promises of rewards in exchange for sexual favors. Sexual harassment includes a range of actions fro ...
, including one incident in which a victim claimed to have been raped. To celebrate Bloomberg's 48th birthday, colleagues published a pamphlet entitled '' Portable Bloomberg: The Wit and Wisdom of Michael Bloomberg''. Among various sayings that were attributed to him, several have subsequently been criticized as sexist or misogynistic. When he left the position of CEO to pursue a political career as the mayor of New York City, Bloomberg was replaced by Lex Fenwick and later by Daniel L. Doctoroff, after his initial service as deputy mayor under Bloomberg. After completing his final term as the mayor of New York City, Bloomberg spent his first eight months out of office as a full-time philanthropist. In fall 2014, he announced that he would return to Bloomberg L.P. as CEO at the end of 2014, succeeding Doctoroff, who had led the company since February 2008. Bloomberg resigned as CEO of Bloomberg L.P. to run for president in 2019.


Wealth

In March 2009, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family (publishers), Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing ...
'' reported Bloomberg's wealth at $16 billion, a gain of $4.5 billion over the previous year, the world's biggest increase in wealth from 2008 to 2009. Bloomberg moved from 142nd to 17th in the ''Forbes'' list of the world's billionaires in only two years. In the 2019 ''Forbes'' list of the world's billionaires, he was the ninth-richest person; his net worth was estimated at $55.5 billion. Currently, Bloomberg's net worth is estimated at $59 billion, ranking him 20th on ''Forbes list of billionaires.


Political career


Mayor of New York City

Bloomberg assumed office as the 108th
mayor of New York City The mayor of New York City, officially Mayor of the City of New York, is head of the executive branch of the government of New York City and the chief executive of New York City. The Mayoralty in the United States, mayor's office administers al ...
on January 1, 2002. He won re-election in 2005 and again in 2009. As mayor, he initially struggled with approval ratings as low as 24 percent; however, he subsequently developed and maintained high approval ratings. Bloomberg joined
Rudy Giuliani Rudolph William Louis Giuliani (, ; born May 28, 1944) is an American politician and lawyer who served as the 107th Mayor of New York City from 1994 to 2001. He previously served as the United States Associate Attorney General from 1981 to 198 ...
, John Lindsay, and Fiorello La Guardia as re-elected Republican mayors in the mostly Democratic city. Bloomberg stated that he wanted
public education State schools (in England, Wales, Australia and New Zealand) or public schools (Scottish English and North American English) are generally primary or secondary educational institution, schools that educate all students without charge. They are ...
reform to be the legacy of his first term and addressing poverty to be the legacy of his second. Bloomberg chose to apply a statistical, metrics-based management approach to city government, and granted departmental commissioners broad autonomy in their decision-making. Breaking with 190 years of tradition, he implemented what ''New York Times'' political reporter Adam Nagourney called a "bullpen" open office plan, similar to a
Wall Street Wall Street is an eight-block-long street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs between Broadway (Manhattan), Broadway in the west to South Street (Manhattan), South Street and ...
trading floor, in which dozens of aides and managerial staff are seated together in a large chamber. The design is intended to promote accountability and accessibility. Bloomberg accepted a remuneration of $1 annually in lieu of the mayoral salary. As mayor, Bloomberg turned the city's $6 billion budget deficit into a $3 billion surplus, largely by raising property taxes. Bloomberg increased city funding for the new development of affordable housing through a plan that created and preserved an estimated 160,000 affordable homes in the city. In 2003, he implemented a successful
smoking ban Smoking bans, or smoke-free laws, are public policies, including criminal law Criminal law is the body of law that relates to crime. It prescribes conduct perceived as threatening, harmful, or otherwise endangering to the property, healt ...
in all indoor workplaces, including bars and restaurants, and many other cities and states followed suit. On December 5, 2006, New York City became the first city in the United States to ban trans-fat from all restaurants. This went into effect in July 2008 and has since been adopted in many other cities and countries. Bloomberg created bicycle lanes, required chain restaurants to post calorie counts, and pedestrianized much of
Times Square Times Square is a major commercial intersection, tourist destination, entertainment hub, and neighborhood in Midtown Manhattan, New York City. It is formed by the junction of Broadway (Manhattan), Broadway, Seventh Avenue (Manhattan), Seventh A ...
. In 2011, Bloomberg launched the NYC Young Men's Initiative, a $127 million initiative to support programs and policies designed to address disparities between young Black and Latino men and their peers, and personally donated $30 million to the project. In 2010, Bloomberg supported the then-controversial Islamic complex near Ground Zero. Under the Bloomberg Administration, the
New York City Police Department The New York City Police Department (NYPD), officially the City of New York Police Department, established on May 23, 1845, is the primary municipal law enforcement agency within the City of New York, the largest and one of the oldest i ...
greatly expanded its
stop and frisk A ''Terry'' stop in the United States allows the police to briefly detain Detention is the process whereby a State (polity), state or private citizen lawfully holds a person by removing their personal freedom, freedom or liberty at that time. ...
program, with a sixfold increase in documented stops. 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. Bloomberg's administration appealed the ruling; however, his successor, Mayor Bill de Blasio, dropped the appeal and allowed the ruling to take effect. After the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated Suicide attack, suicide List of terrorist incidents, terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, ...
, with assistance from the Central Intelligence Agency, Bloomberg's administration oversaw a controversial program that surveilled Muslim communities on the basis of their religion, ethnicity, and language. The program was discontinued in 2014. In a January 2014
Quinnipiac Quinnipiac is the English name for the Eansketambawg (meaning "original people"; ''cf.'' Ojibwe The Ojibwe, Ojibwa, Chippewa, or Saulteaux are an Anishinaabe people in what is currently southern Canada, the northern Midwestern United State ...
poll, 64 percent of voters called Bloomberg's 12 years as mayor "mainly a success".


Mayoral elections


2001 election

In 2001, New York's Republican mayor
Rudy Giuliani Rudolph William Louis Giuliani (, ; born May 28, 1944) is an American politician and lawyer who served as the 107th Mayor of New York City from 1994 to 2001. He previously served as the United States Associate Attorney General from 1981 to 198 ...
, was ineligible for re-election due to the city's limit of two consecutive terms. Bloomberg, who had been a lifelong member of the Democratic Party, decided to run for mayor on the Republican ticket. Voting in the primary began on the morning of September 11, 2001. The primary was postponed later that day, due to the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated Suicide attack, suicide List of terrorist incidents, terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, ...
. In the rescheduled primary, Bloomberg defeated Herman Badillo, a former Democratic
congressman A Member of Congress (MOC) is a person who has been appointed or elected and inducted into an official body called a congress, typically to represent a particular constituency in a legislature. The term member of parliament (MP) is an equivalen ...
, to become the Republican nominee. After a
runoff Runoff, run-off or RUNOFF may refer to: * RUNOFF, the first computer text-formatting program * Runoff or run-off, another name for bleed, printing that lies beyond the edges to which a printed sheet is trimmed * Runoff or run-off, a stock marke ...
, the Democratic nomination went to
New York City Public Advocate The office of New York City Public Advocate (President of the City Council) is a citywide elected position in New York City New York, often called New York City or NYC, is the List of United States cities by populatio ...
Mark J. Green Mark Joseph Green (born March 15, 1945) is an American author, former public official, public interest lawyer, and Democratic Party (United States), Democratic politician from New York City. Green was New York City Consumer Affairs Commissioner ...
. Bloomberg received Giuliani's endorsement to succeed him in the 2001 election. He also had a huge campaign spending advantage. Although New York City's
campaign finance Campaign finance, also known as election finance or political donations, refers to the funds raised to promote candidates, Political party, political parties, or policy initiatives and referendums. Political parties, charitable organizations, a ...
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. He spent $73 million of his own money on his campaign, outspending Green five to one. One of the major themes of his campaign was that, with the city's economy suffering from the effects of the World Trade Center attacks, it needed a mayor with business experience. In addition to running on the Republican line, Bloomberg ran on the ticket of the controversial Independence Party, in which " Social Therapy" leaders Fred Newman and Lenora Fulani exerted strong influence. Bloomberg's votes on that line exceeded his margin of victory over Green. (Under New York's fusion rules, a candidate can run on more than one party's line and combine all the votes received.) Another factor was the vote in
Staten Island Staten Island ( ) is a Boroughs of New York City, borough of New York City, coextensive with Richmond County, in the U.S. state of New York (state), New York. Located in the city's southwest portion, the borough is separated from New Jersey b ...
, which has traditionally been friendlier to Republicans than the rest of the city. Bloomberg received 75 percent of the vote in Staten Island. Overall, he won 50.3 percent to 47.9 percent. In the wake of the September 11 attacks, Bloomberg's administration made a successful bid to host the
2004 Republican National Convention The 2004 Republican National Convention took place from August 30 to September 2, 2004 at Madison Square Garden in New York City, New York. The convention is one of a series of Republican National Convention, historic quadrennial meetings at whi ...
. The convention drew thousands of protesters, among them New Yorkers who despised
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party (United States), Republican Party, Bush family, and son of the 41st ...
and the Bush administration's pursuit of the
Iraq War {{Infobox military conflict , conflict = Iraq War , partof = the Iraq conflict (2003–present), Iraq conflict and the War on terror , image = Iraq War montage.png , image_size = 300px , caption ...
.


2005 election

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. He spent almost $78 million on his campaign, exceeding the record of $74 million he spent on the previous election. In late 2004 or early 2005, Bloomberg gave the
Independence Party of New York The Independence Party is a political party in the U.S. state of New York (state), New York. The party was founded in 1991 by Dr. Gordon Black, Tom Golisano, and Laureen Oliver from Rochester, New York, and acquired ballot status in 1994. They lo ...
$250,000 to fund a phone bank seeking to recruit volunteers for his re-election campaign. Former Bronx Borough President Fernando Ferrer won the Democratic nomination to oppose Bloomberg in the general election. Thomas Ognibene sought to run against Bloomberg in the Republican Party's primary election. The Bloomberg campaign successfully challenged the signatures Ognibene submitted to the Board of Elections to prevent Ognibene from appearing on ballots for the Republican primary. Instead, Ognibene ran on only the Conservative Party ticket. Ognibene accused Bloomberg of betraying Republican Party ideals, a feeling echoed by others. Bloomberg opposed the confirmation of
John Roberts John Glover Roberts Jr. (born January 27, 1955) is an American lawyer and jurist who has served as the 17th Chief Justice of the United States, chief justice of the United States since 2005. Roberts has authored the majority opinion in sever ...
as Chief Justice of the United States. Bloomberg is a staunch supporter of
abortion rights Abortion-rights movements, also referred to as pro-choice Abortion-rights movements, also referred to as Pro-choice (term), pro-choice movements, advocate for the right to have Abortion law, legal access to induced abortion services includ ...
and did not believe that Roberts was committed to maintaining '' Roe v. Wade''. In addition to Republican support, Bloomberg obtained the endorsements of several prominent Democrats: former Democratic mayor
Ed Koch Edward Irving Koch ( ; December 12, 1924February 1, 2013) was an American politician, lawyer, political commentator, film critic, and television personality. He served in the United States House of Representatives The United States Hou ...
; former Democratic governor
Hugh Carey Hugh Leo Carey (April 11, 1919 – August 7, 2011) was an American politician and attorney. He was a seven-term U.S. representative from 1961 to 1974 and the 51st governor of New York The governor of New York is the head of governmen ...
; former Democratic City Council Speaker Peter Vallone, and his son, Councilman Peter Vallone Jr.; former Democratic Congressman
Floyd Flake Floyd Harold Flake (born January 30, 1945) is an American businessman and former politician who is the senior pastor of the 23,000 member Greater Allen A. M. E. Cathedral of New York, Greater Allen African Methodist Episcopal Cathedral in Jamaica ...
(who had previously endorsed Bloomberg in 2001), and
Brooklyn Brooklyn () is a Boroughs of New York City, borough of New York City, coextensive with Kings County, in the U.S. state of New York (state), New York. Kings County is the most populous Administrative divisions of New York (state)#County, county i ...
Borough President Marty Markowitz.


2009 election

On October 2, 2008, Bloomberg announced he would seek to extend the city's term limits law and run for a third mayoral term in 2009, arguing a leader of his field was needed following the
financial crisis of 2007–08 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of Production (economics), production, Distribution (economics), distribution, and Consumption (economics) ...
. "Handling this financial crisis while strengthening essential services ... is a challenge I want to take on," Bloomberg said at a news conference. "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."
Ronald Lauder Ronald (Ron) Steven Lauder (born February 26, 1944) is an American businessman, billionaire, philanthropist, art collector, and political activist. He is the president of the World Jewish Congress since 2007. He and his brother, Leonard Lauder, ...
, who campaigned for New York City's term limits in 1993 and spent over 4 million dollars of his own money to limit the maximum years a mayor could serve to eight years, sided with Bloomberg and agreed to stay out of future legality issues. In exchange, he was promised a seat on an influential city board by Bloomberg. Some people and organizations objected and NYPIRG filed a complaint with the City Conflict of Interest Board. On October 23, 2008, the city council voted 29–22 in favor of extending the term limit to three consecutive four-year terms. After two days of public hearings, Bloomberg signed the bill into law on November 3. Bloomberg's bid for a third term generated some controversy. 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. Bloomberg's opponent was Democratic and
Working Families Party The Working Families Party (WFP) is a Third party (United States), minor political party in the United States, founded in New York (state), New York in 1998. There are active chapters in California, Colorado, Connecticut, Delaware, Washington, ...
nominee Bill Thompson, who had been
New York City Comptroller The Office of Comptroller of New York City, a position established in 1801, is the chief financial officer and Chief audit executive, chief auditor of the city agencies and their performance and spending. The comptroller also reviews all city co ...
for the past eight years and before that, president of the
New York City Board of Education The Panel for Educational Policy of the Department of Education of the City School District of the City of New York, abbreviated as the Panel for Educational Policy and also known as the New York City Board of Education, is the governing body of ...
. Bloomberg defeated Thompson by a vote of 51 percent to 46 percent. Bloomberg spent $109.2 million on his 2009 campaign, outspending Thompson by a margin of more than 11 to one. 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. The Independence Party then paid $750,000 of that money to Republican Party political operative John Haggerty Jr. This prompted an investigation beginning in February 2010 by the office of
New York County District Attorney The New York County District Attorney, also known as the Manhattan District Attorney, is the elected district attorney for New York County (Manhattan), New York (state), New York. The office is responsible for the prosecution of violations of New ...
Cyrus Vance Jr. into possible improprieties. The Independence Party later questioned how Haggerty spent the money, which was to go to poll-watchers. Former New York State Senator Martin Connor contended that because the Bloomberg donations were made to an Independence Party housekeeping account rather than to an account meant for current campaigns, this was a violation of campaign finance laws. Haggerty also spent money from a separate $200,000 donation from Bloomberg on office space.


2013 election

On September 13, 2013, Bloomberg announced that he would not endorse any of the candidates to succeed him. On his radio show, he stated, "I don't want to do anything that complicates it for the next mayor. And that's one of the reasons I've decided I'm just not going to make an endorsement in the race." He added, "I want to make sure that person is ready to succeed, to take what we've done and build on that." Bloomberg praised ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'' for its endorsement of Christine Quinn and Joe Lhota as their favorite candidates in the Democratic and Republican primaries, respectively. Quinn came in third in the Democratic primary and Lhota won the Republican primary. Bloomberg criticized Democratic mayoral candidate
Bill de Blasio Bill de Blasio (; born Warren Wilhelm Jr., May 8, 1961; later Warren de Blasio-Wilhelm) is an American politician who served as the List of mayors of New York City, 109th mayor of New York City, mayor of New York City from 2014 to 2021. A membe ...
's campaign methods, which he initially called "racist"; Bloomberg later downplayed and partially retracted those remarks. On January 1, 2014, de Blasio became New York City's new mayor, succeeding Bloomberg.


Post-mayoral political involvement

Bloomberg was frequently mentioned as a possible
centrist Centrism is a political outlook or position involving acceptance or support of a balance of social equality and a degree of social hierarchy while opposing political changes that would result in a significant shift of society strongly to Left-w ...
candidate for the presidential elections in
2008 File:2008 Events Collage.png, From left, clockwise: Lehman Brothers went bankrupt following the Subprime mortgage crisis; Cyclone Nargis killed more than 138,000 in Myanmar; A scene from the opening ceremony of the 2008 Summer Olympics in Beijing; ...
and
2012 File:2012 Events Collage V3.png, From left, clockwise: The passenger cruise ship Costa Concordia lies capsized after the Costa Concordia disaster; Damage to Casino Pier in Seaside Heights, New Jersey as a result of Hurricane Sandy; People gather ...
, as well as for governor of New York in 2010 or vice-president in 2008. He eventually declined to seek all of these offices. In the immediate aftermath of
Hurricane Sandy Hurricane Sandy (unofficially referred to as ''Superstorm Sandy'') was an extremely destructive and strong Atlantic hurricane, as well as the largest Atlantic hurricane on record as measured by diameter, with tropical-storm-force winds spann ...
in November 2012, Bloomberg penned an op-ed officially endorsing
Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party (United States), Democratic Party, Obama was the first Af ...
for president, citing Obama's policies on climate change.


2016 elections

On January 23, 2016, it was reported that Bloomberg was again considering a presidential run, as an independent candidate in the 2016 election, if Bernie Sanders got the Democratic party nomination. This was the first time he had officially confirmed he was considering a run. Bloomberg supporters believed that Bloomberg could run as a centrist and capture many voters who were dissatisfied with the likely Democratic and Republican nominees. However, on March 7, Bloomberg announced he would not be running for president. In July 2016, Bloomberg delivered a speech at the
2016 Democratic National Convention The 2016 Democratic National Convention was a United States presidential nominating convention, presidential nominating political convention, convention, held at the Wells Fargo Center (Philadelphia), Wells Fargo Center in Philadelphia, Penn ...
in which he called Hillary Clinton "the right choice". Bloomberg warned of the dangers a Donald Trump presidency would pose. He said Trump "wants you to believe that we can solve our biggest problems by deporting Mexicans and shutting out Muslims. He wants you to believe that erecting trade barriers will bring back good jobs. He's wrong on both counts." Bloomberg also said Trump's economic plans "would make it harder for small businesses to compete" and would "erode our influence in the world". Trump responded to the speech by condemning Bloomberg in a series of tweets.


2018 elections

In June 2018, Bloomberg pledged $80 million to support Democratic congressional candidates in the 2018 election, with the goal of flipping control of the Republican-controlled House to Democrats. In a statement, Bloomberg said that Republican House leadership were "absolutely feckless" and had failed to govern responsibly. Bloomberg advisor Howard Wolfson was chosen to lead the effort, which was to target mainly suburban districts. By early October, Bloomberg had committed more than $100 million to returning the House and Senate to Democratic power, fueling speculation about a presidential run in
2020 2020 was heavily defined by the COVID-19 pandemic, which led to global Social impact of the COVID-19 pandemic, social and Economic impact of the COVID-19 pandemic, economic disruption, mass cancellations and postponements of events, COVID- ...
. On October 10, 2018, Bloomberg announced that he had returned to the Democratic party.


2020 presidential campaign

On March 5, 2019, Bloomberg had announced that he would not run for president in 2020. Instead, he encouraged the Democratic Party to "nominate a Democrat who will be in the strongest position to defeat
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...
". However, due to his dissatisfaction with the Democratic field, Bloomberg reconsidered. He officially launched his campaign for the 2020 Democratic nomination on November 24, 2019. Bloomberg self-funded his campaign from his personal fortune, and did not accept campaign contributions. Bloomberg's campaign suffered from his lackluster performance in two televised debates.Patricia Mazzei, Rebecca R. Ruiz & Jeremy W. Peters
Michael Bloomberg Quits Democratic Race, Ending a Brief and Costly Bid
''New York Times'' (March 4, 2020).
When Bloomberg participated in his first presidential debate,
Elizabeth Warren Elizabeth Ann Warren (née Herring; born June 22, 1949) is an American politician and former law professor who is the Seniority in the United States Senate, senior United States Senate, United States senator from Massachusetts, serving sinc ...
challenged him to release women from non-disclosure agreements relating to their allegations of sexual harassment at Bloomberg L.P. Two days later, Bloomberg announced that there were three women who had made complaints concerning him, and added that he would release any of the three if they request him to do so. Warren continued her attack in the second debate the next week. Others criticized Bloomberg for his wealth and campaign spending, as well as his former affiliation with the Republican Party. As a late entrant to the race, Bloomberg skipped the first four state primaries and caucuses. He spent $676 million of his personal fortune on the primary campaign, breaking a record for the most money ever spent on a presidential primary campaign. His campaign blanketed the country with campaign advertisements on broadcast and cable television, the Internet, and radio, as well as
direct mail Advertising mail, also known as direct mail (by its senders), junk mail (by its recipients), mailshot or admail (North America), letterbox drop or letterboxing (Australia) is the delivery of advertising Advertising is the practice and tec ...
. Bloomberg also spent heavily on campaign operations that grew to 200 field offices and more than 2,400 paid campaign staffers. His support in nationwide opinion polls hovered around 15 percent but stagnated or dropped before Super Tuesday, while former vice president
Joe Biden Joseph Robinette Biden Jr. ( ; born November 20, 1942) is an American politician who is the 46th and current president of the United States. A member of the Democratic Party (United States), Democratic Party, he previously served as the 47th ...
had become the centrist frontrunner after receiving the support of major candidates
Pete Buttigieg Peter Paul Montgomery Buttigieg ( ; ; Sometimes pronounced or , but not by Buttigieg himself. born January 19, 1982) is an American politician and former military officer who is currently serving as the United States secretary of transp ...
and
Amy Klobuchar Amy Jean Klobuchar ( ; born May 25, 1960) is an American lawyer and politician serving as the Seniority in the United States Senate, senior United States Senate, United States senator from Minnesota, a seat she has held since 2007. A member of ...
shortly before Super Tuesday. Bloomberg suspended his campaign on March 4, 2020, after a disappointing Super Tuesday in which he won only American Samoa, and subsequently endorsed Biden. Bloomberg donated $18 million to the Democratic National Committee and publicly planned a "massive spending blitz" to support Biden's campaign. When a ''
60 Minutes ''60 Minutes'' is an American television news magazine broadcast on the CBS television network. Debuting in 1968, the program was created by Don Hewitt and Bill Leonard (journalist), Bill Leonard, who chose to set it apart from other news progr ...
'' correspondent remarked on March 1 that Bloomberg had spent twice what President Trump had raised, he was asked how much he would spend. Bloomberg replied, "I'm making an investment in this country. My investment is I'm going to remove President Trump from 1600 Pennsylvania Avenue or at least try as hard as I can." 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? 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? If the answer is no, why the hell would we ever rehire Donald Trump for another four years?"


Defense Innovation Board

In February 2022, Bloomberg was nominated to chair the Defense Innovation Board, being sworn in on June 22, 2022.


Political positions

Bloomberg was a lifelong Democrat until 2001, when he switched to the Republican Party to run for mayor. He switched to an
independent Independent or Independents may refer to: Arts, entertainment, and media Artist groups * Independents (artist group), a group of modernist painters based in the New Hope, Pennsylvania, area of the United States during the early 1930s * Independen ...
in 2007 and registered again as a Democrat in October 2018. In 2004, he endorsed the re-election of
George W. Bush George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party (United States), Republican Party, Bush family, and son of the 41st ...
and spoke at the
2004 Republican National Convention The 2004 Republican National Convention took place from August 30 to September 2, 2004 at Madison Square Garden in New York City, New York. The convention is one of a series of Republican National Convention, historic quadrennial meetings at whi ...
. He endorsed
Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party (United States), Democratic Party, Obama was the first Af ...
's re-election in 2012, endorsed
Hillary Clinton Hillary Diane Rodham Clinton ( Rodham; born October 26, 1947) is an American politician, diplomat, and former lawyer who served as the 67th United States secretary of state, United States Secretary of State for President Barack Obama from 2009 ...
in the 2016 election, and spoke at the
2016 Democratic National Convention The 2016 Democratic National Convention was a United States presidential nominating convention, presidential nominating political convention, convention, held at the Wells Fargo Center (Philadelphia), Wells Fargo Center in Philadelphia, Penn ...
. As Mayor of New York, Bloomberg supported government initiatives in public health and welfare.Tami Luhby
Three Bloomberg policies all of America now lives with
CNN (February 25, 2020).
This included
tobacco control Tobacco control is a field of international public health science, policy and practice dedicated to addressing tobacco use and thereby reducing the morbidity and death, mortality it causes. Since most cigarettes and cigars and hookahs contain ...
efforts (including an increase in the legal age to purchase tobacco products, a ban on smoking in indoor workplaces, and an increase in the cigarette tax); the elimination of the use of artificial trans fats in restaurants; and bans on all flavored tobacco and e-cigarette products including menthol flavors. Bloomberg also launched an unsuccessful effort to ban on certain large (more than 16 fluid ounce) sugary sodas at restaurants and food service establishments in the city. These initiatives were supported by public health advocates but were criticized by some as " nanny state" policies. Over his career, Bloomberg has "mingled support for progressive causes with more conservative positions on law enforcement, business regulation and school choice." Bloomberg supports gun-control measures, abortion rights, same-sex marriage, and a pathway to citizenship for illegal immigrants. He advocates for a public health insurance option that he has called "Medicare for all for people that are uncovered" rather than a universal
single-payer healthcare Single-payer healthcare is a type of universal healthcare in which the costs of essential healthcare for all residents are covered by a single public system (hence "single-payer"). Single-payer systems may contract for healthcare services from p ...
system. He is concerned about
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate variability and change, Climate change in a broader sense also includes ...
and has touted his mayoral efforts to reduce
greenhouse gases A greenhouse gas (GHG or GhG) is a gas that Absorption (electromagnetic radiation), absorbs and Emission (electromagnetic radiation), emits radiant energy within the thermal infrared range, causing the greenhouse effect. The primary greenhouse ...
. Bloomberg supported the
Iraq War {{Infobox military conflict , conflict = Iraq War , partof = the Iraq conflict (2003–present), Iraq conflict and the War on terror , image = Iraq War montage.png , image_size = 300px , caption ...
and opposed creating a timeline for withdrawing troops. Bloomberg has sometimes embraced the use of
surveillance Surveillance is the monitoring of behavior, many activities, or information for the purpose of information gathering, influencing, managing or directing. This can include observation from a distance by means of electronic equipment, such as c ...
in efforts to deter crime and protect against terrorism. During and after his tenure, he was a staunch supporter of stop-and-frisk. In November 2019, Bloomberg apologized for supporting it. He advocates reversing many of the Trump tax cuts. His own tax plan includes implementing a 5 percent surtax on incomes above $5 million a year and would raise federal revenue by $5 trillion over a decade. He opposes a
wealth tax A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownershi ...
, saying that it would likely be found unconstitutional. He has also proposed more stringent financial regulations that include tougher oversight for big banks, a financial transactions tax, and stronger consumer protections. He supported decreasing estate-tax threshold to collect more estate taxes and close tax avoidance schemes. According to
Propublica ProPublica (), legally Pro Publica, Inc., is a nonprofit organization A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entit ...
investigation he set up multiple GRATs thus shielding parts of his fortune for his heirs. Bloomberg stated that running as a Democratnot an independentwas the only path he saw to defeating
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...
, saying: "In 2020, the great likelihood is that an independent would just split the anti-Trump vote and end up re-electing the President. That's a risk I refused to run in 2016 and we can't afford to run it now."


Philanthropy

In August 2010, Bloomberg signed
The Giving Pledge The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to Philanthropy, philanthropic causes. , the pledge has 236 signatories from 28 countries. Most of the signatories of the pledge are bi ...
, whereby the wealthy pledge to give away at least half of their wealth. Since then, he has given away $9.5 billion overall including $3.3 billion in 2019. According to Chronicle of Philanthropy, he gave away the most money of any philanthropist in 2019. His
Bloomberg Philanthropies Bloomberg Philanthropies is a philanthropic organization that encompasses all of the charitable giving of founder Michael R. Bloomberg. Headquartered in New York City, Bloomberg Philanthropies focuses its resources on five areas: the environmen ...
foundation focuses on public health, the arts, government innovation, the environment, and education. Through the foundation, he donated or pledged $767 million in 2018, and more than $1 billion in 2019. 2011 recipients included the Campaign for Tobacco-Free Kids;
Centers for Disease Control and Prevention The Centers for Disease Control and Prevention (CDC) is the National public health institutes, national public health agency of the United States. It is a Federal agencies of the United States, United States federal agency, under the United S ...
;
Johns Hopkins Bloomberg School of Public Health The Johns Hopkins Bloomberg School of Public Health is the public health graduate school of Johns Hopkins University, a private university, private research university in Baltimore, Maryland. As the second independent, degree-granting institution ...
; World Lung Foundation and the
World Health Organization The World Health Organization (WHO) is a list of specialized agencies of the United Nations, specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainme ...
. According to ''The New York Times'', Bloomberg was an "anonymous donor" to the
Carnegie Corporation The Carnegie Corporation of New York is a philanthropic fund established by Andrew Carnegie in 1911 to support education programs across the United States, and later the world. Carnegie Corporation has endowed or otherwise helped to establis ...
from 2001 to 2010, with gifts ranging from $5 million to $20 million each year. The
Carnegie Corporation The Carnegie Corporation of New York is a philanthropic fund established by Andrew Carnegie in 1911 to support education programs across the United States, and later the world. Carnegie Corporation has endowed or otherwise helped to establis ...
distributed these contributions to hundreds of New York City organizations ranging from the
Dance Theatre of Harlem Dance Theatre of Harlem (DTH) is an American professional ballet Ballet () is a type of performance dance that originated during the Italian Renaissance in the fifteenth century and later developed into a concert dance form in France and Ru ...
to Gilda's Club, a non-profit organization that provides support to people and families living with cancer. He continues to support the arts through his foundation. Bloomberg gave $254 million in 2009 to almost 1,400 nonprofit organizations, 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."


COVID-19 response

During the 2020
COVID-19 Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December ...
pandemic and its aftermath, Bloomberg through his foundation committed to a wide range of urgent causes including researching treatments and vaccines, leading contact tracing to root out the virus, supporting the World Health Organization, and funding global efforts to fight the spread of the disease and protect vulnerable populations. Action included: * Cofounding a $75 million fund for nonprofits impacted by COVID-19 in New York City * Donating $6 million to World Central Kitchen to serve meals to health care workers in New York City * 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. * Convening mayors through a partnership with Harvard College to learn and discuss their pandemic response, featuring a bipartisan roster of speakers and attendees. * Leading New York's contact tracing effort * Launching an information and action sharing network for cities through the
National League of Cities The National League of Cities (NLC) is an advocacy organization in the United States that represents the country's 19,495 cities, towns, and villages along with 49 state municipal leagues. Created in 1924, it has evolved into a leading membership ...
* Supporting international efforts to combat the spread of COVID-19 and prepare regional leaders through the
International Rescue Committee The International Rescue Committee (IRC) is a global humanitarian aid, relief, and development nongovernmental organization. Founded in 1933 as the International Relief Association, at the request of Albert Einstein, and changing its name in 19 ...
, the
World Health Organization The World Health Organization (WHO) is a list of specialized agencies of the United Nations, specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainme ...
, Vital Strategies and other partners


Environmental advocacy

Bloomberg is an environmentalist and has advocated policy to fight climate change at least since he became the mayor of New York City. At the national level, Bloomberg has consistently pushed for transitioning the United States' energy mix from fossil fuels to clean energy. In July 2011, Bloomberg Philanthropies donated $50 million to
Sierra Club The Sierra Club is an environmental organization with chapters in all 50 United States, Washington D.C., and Puerto Rico. The club was founded on May 28, 1892, in San Francisco, California, by Scottish-American preservationist John Muir, who be ...
's Beyond Coal campaign, allowing the campaign to expand its efforts to shut down
coal-fired power plant A coal-fired power station or coal power plant is a thermal power station which burns coal to generate electricity. Worldwide, there are about 8,500 coal-fired power stations totaling over 2,000 gigawatts Nameplate capacity, capacity. They ...
s from 15 states to 45 states. In 2015, Bloomberg announced an additional $30 million contribution to the Beyond Coal initiative, matched with another $30 million by other donors, to help secure the retirement of half of America's fleet of coal plants by 2017. In July 2017, Europe Beyond Coal was established to phase out use of coal on the continent by 2030. Austria closed its final coal-fired plant in April 2020. 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. Bloomberg Philanthropies awarded a $6 million grant to the
Environmental Defense Fund Environmental Defense Fund or EDF (formerly known as Environmental Defense) is a United States-based nonprofit environmental organization, environmental advocacy group. The group is known for its work on issues including global warming, ecosystem ...
in support of strict regulations on
fracking Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock Formation (geology), formations by a pressurized liquid. The process involves the high-pressure ...
in the 14 states with the heaviest natural gas production. In 2013, Bloomberg and Bloomberg Philanthropies launched the Risky Business initiative with former Treasury Secretary
Hank Paulson Henry Merritt Paulson Jr. (born March 28, 1946) is an American banker and financier who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the Chairman a ...
and hedge-fund billionaire Tom Steyer. 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. In January 2015, Bloomberg led Bloomberg Philanthropies in a $48-million partnership with the Heising-Simons family to launch the Clean Energy Initiative. The initiative supports state-based solutions aimed at ensuring America has a clean, reliable, and affordable energy system. Since 2010, Bloomberg has taken an increasingly global role on environmental issues. From 2010 to 2013, he served as the chairman of the
C40 Cities Climate Leadership Group – The C40 Cities Climate Leadership Group is a group of 97 cities around the world that represents one twelfth of the world's population and one quarter of the global economy. Created and led by cities, C40 is focused on fighting climate change a ...
, a network of the world's biggest cities working together to reduce
carbon emissions Greenhouse gas emissions from human activities strengthen the greenhouse effect, contributing to climate change. Most is carbon dioxide from burning fossil fuels: coal, petroleum, oil, and natural gas. The top contributors to greenhouse gas emi ...
. During his tenure, Bloomberg worked with President Bill Clinton to merge C40 with the
Clinton Climate Initiative The Clinton Foundation (founded in 2001 as the William J. Clinton Presidential Foundation, and renamed in 2013 as the Bill, Hillary & Chelsea Clinton Foundation) is a nonprofit organization under section 501(c)(3) of the U.S. tax code. It was es ...
, with the goal of amplifying their efforts in the global fight against climate change worldwide. He serves as the president of the board of C40 Cities. In January 2014, Bloomberg began a five-year commitment totaling $53 million through Bloomberg Philanthropies to the Vibrant Oceans Initiative. The initiative partners Bloomberg Philanthropies with Oceana, Rare, and Encourage Capital to help reform fisheries and increase sustainable populations worldwide. In 2018, Bloomberg joined
Ray Dalio Raymond Thomas Dalio (born August 8, 1949) is an American billionaire investor and hedge fund A hedge fund is a pooled investment fund that trades in relatively Market liquidity, liquid assets and is able to make extensive use of more complex ...
in announcing a commitment of $185 million towards protecting the oceans. In 2014,
United Nations Secretary General The secretary-general of the United Nations (UNSG or SG) is the chief administrative officer of the United Nations and head of the United Nations Secretariat, one of the United Nations System#Six principal organs, six principal organs of the Un ...
Ban Ki-moon Ban Ki-moon (; ; born 13 June 1944) is a South Korean politician and diplomat who served as the eighth Secretary-General of the United Nations, secretary-general of the United Nations between 2007 and 2016. Prior to his appointment as secretary ...
appointed Bloomberg as his first Special Envoy for Cities and Climate Change to help the United Nations work with cities to prevent climate change. In September 2014, Bloomberg convened with Ban and global leaders at the UN Climate Summit to announce definite action to fight climate change in 2015. In 2018, Ban's successor
António Guterres António Manuel de Oliveira Guterres ( , ; born 30 April 1949) is a Portuguese politician and diplomat. Since 2017, he has served as secretary-general of the United Nations, the ninth person to hold this title. A member of the Socialist Party ...
appointed Bloomberg as UN envoy for climate action. He resigned in November 2019, in the run-up to his presidential campaign. On 5 February 2021, however, he was re-appointed by Guterres as his Special Envoy on Climate Ambition and Solutions in the lead-up to the climate conference in
Scotland Scotland (, ) is a Countries of the United Kingdom, country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a Anglo-Scottish border, border with England to the southeast ...
scheduled for November 2021. In late 2014, Bloomberg, Ban Ki-moon, and global city networks
ICLEI ICLEI – Local Governments for Sustainability (or simply ICLEI) is an international non-governmental organization that promotes sustainable development. ICLEI provides technical consulting to local governments to meet sustainability objectives. ...
-Local Governments for Sustainability (ICLEI),
C40 Cities Climate Leadership Group – The C40 Cities Climate Leadership Group is a group of 97 cities around the world that represents one twelfth of the world's population and one quarter of the global economy. Created and led by cities, C40 is focused on fighting climate change a ...
(C40) and
United Cities and Local Governments United Cities and Local Governments (UCLG) is an umbrella International Organization for Migration, international organisation for city, cities, local government, local and regional governments, and municipal associations throughout the world tha ...
(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 Climate resilience is defined as the "capacity of social, economic and ecosystems to cope with a Hazard, hazardous event or trend or disturbance".IPCC, 2022Summary for Policymakers[H.-O. Pörtner, D.C. Roberts, E.S. Poloczanska, K. Mintenbeck, M. ...
, and track their progress transparently. To date, over 250 cities representing more than 300 million people worldwide and 4.1 percent of the total global population, have committed to the Compact of Mayors, which was merged with the Covenant of Mayors in June 2016. In 2015, Bloomberg and mayor of Paris, Paris mayor Anne Hidalgo created the Climate Summit for Local Leaders. which convened assembled hundreds of city leaders from around the world at Paris City Hall to discuss fighting climate change. 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. During the 2015 UN Climate Change Conference in Paris,
Mark Carney Mark Joseph Carney (born March 16, 1965) is a Canadian economist and banker who served as the governor of the Bank of Canada from 2008 to 2013 and the governor of the Bank of England from 2013 to 2020. Since October 2020, he is vice chairman and ...
,
Governor of the Bank of England The governor of the Bank of England is the most senior position in the Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to ac ...
and chair of the
Financial Stability Board The Financial Stability Board (FSB) is an international body that monitors and makes recommendations about the global financial system. It was established after the 2009 G20 London summit, G20 London summit in April 2009 as a successor to the Fi ...
, announced that Bloomberg would lead a new global task force designed to help industry and financial markets understand the growing risks of climate change. Following President
Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...
's announcement that the U.S. government would withdraw from the Paris climate accord, Bloomberg outlined a coalition of cities, states, universities and businesses that had come together to honor America's commitment under the agreement through 'America's Pledge'. Bloomberg offered up to $15 million to the
UNFCCC The United Nations Framework Convention on Climate Change (UNFCCC) established an international environmental treaty to combat "dangerous human interference with the climate system", in part by stabilizing greenhouse gas A greenhouse ...
, the UN body that assists countries with climate change efforts. About a month later, Bloomberg and California Governor
Jerry Brown Edmund Gerald Brown Jr. (born April 7, 1938) is an American lawyer, author, and politician who served as the 34th and 39th governor of California from 1975 to 1983 and 2011 to 2019. A member of the Democratic Party (United States), Democratic Par ...
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." In announcing the initiative, Bloomberg said "the American government may have pulled out of the Paris agreement, but American society remains committed to it." Two
think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental org ...
s, World Resource Institute and the
Rocky Mountain Institute RMI (Rocky Mountain Institute) is an organization in the United States co-founded by Amory Lovins dedicated to research, publication, consulting, and lecturing in the field of sustainability, with a focus on profitable innovations for efficient e ...
, 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 May 2019, Bloomberg announced a 2020 Midwestern Collegiate Climate Summit in Washington University in St. Louis with the aim to bring together leaders from Midwestern universities, local government and the private sector to reduce climate impacts in the region.


Johns Hopkins University philanthropy

As of 2019, Bloomberg has given more than $3.3 billion to
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hem ...
, his alma mater, making him "the most generous living donor to any education institution in the United States." His first contribution, in 1965, had been $5. He made his first $1 million commitment to JHU in 1984, and subsequently became the first individual to exceed $1 billion in lifetime donations to a single U.S. institution of higher education. Bloomberg's contributions to Johns Hopkins "fueled major improvements in the university's reputation and rankings, its competitiveness for faculty and students, and the appearance of its campus," and included construction of a
children's hospital A children's hospital is a hospital that offers its services exclusively to infants, children, adolescents, and Youth, young adults. In certain special cases, they may also treat adults. The number of children's hospitals proliferated in the 2 ...
(the Charlotte R. Bloomberg Children's Center Building, named after Bloomberg's mother); a
physics Physics is the natural science that studies matter, its Elementary particle, fundamental constituents, its motion and behavior through Spacetime, space and time, and the related entities of energy and force. "Physical science is that depar ...
building, a school of public health (the
Johns Hopkins Bloomberg School of Public Health The Johns Hopkins Bloomberg School of Public Health is the public health graduate school of Johns Hopkins University, a private university, private research university in Baltimore, Maryland. As the second independent, degree-granting institution ...
), libraries, and biomedical research facilities, including the Institute for Cell Engineering, a stem-cell research institute within the
School of Medicine A medical school is a tertiary education Tertiary education, also referred to as third-level, third-stage or post-secondary education, is the educational level following the completion of secondary education. The World Bank, for example, d ...
, and the Malaria Research Institute within the School of Public Health. In 2013, Bloomberg committed $350 million to Johns Hopkins, five-sevenths of which were allocated to the Bloomberg Distinguished Professorships. In 2016, Bloomberg Philanthropies contributed $300 million to establish the Bloomberg American Health Initiative. Bloomberg also funded the launch of the Bloomberg–Kimmel Institute for Cancer Immunotherapy within the Johns Hopkins School of Medicine in East Baltimore, with a $50 million gift; an additional $50 million was given by philanthropist Sidney Kimmel, and $25 million by other donors. It will support cancer therapy research, technology and infrastructure development, and private sector partnerships. In 2016, Bloomberg joined
Vice President A vice president, also director in British English, is an Corporate officer, officer in government or business who is below the President (corporate title), president (chief executive officer) in rank. It can also refer to executive vice presid ...
Joe Biden Joseph Robinette Biden Jr. ( ; born November 20, 1942) is an American politician who is the 46th and current president of the United States. A member of the Democratic Party (United States), Democratic Party, he previously served as the 47th ...
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. In 2018, Bloomberg contributed a further gift of $1.8 billion to Johns Hopkins, allowing the university to practice
need-blind admission Need-blind admission is a term used in the United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. ...
and meet the full financial need of admitted students.


Other educational and research philanthropy

Through Bloomberg Philanthropies, Bloomberg established the American Talent Initiative in 2016 which is committed to increasing the number of lower-income high-achieving students attending elite colleges. Bloomberg Philanthropies also supports CollegePoint which has provided advising to lower- and moderate-income high school students since 2014. In 2016, the
Museum of Science, Boston The Museum of Science (MoS) is a science museum and indoor zoo in Boston, Massachusetts, located in Science Park, a plot of land spanning the Charles River. Along with over 700 interactive exhibits, the museum features a number of live presentat ...
announced a $50 million gift from Bloomberg. Bloomberg credited the museum with sparking his intellectual curiosity as a patron and student during his youth in
Medford, Massachusetts Medford is a city northwest of downtown Boston on the Mystic River in Middlesex County, Massachusetts, United States. At the time of the 2020 U.S. Census, Medford's population was 59,659. It is home to Tufts University, which has its campus ...
. It is the largest donation in the museum's 186-year history. In 2015, Bloomberg donated $100 million to Cornell Tech, the applied sciences graduate school of
Cornell University Cornell University is a private statutory land-grant research university based in Ithaca, New York. It is a member of the Ivy League. Founded in 1865 by Ezra Cornell and Andrew Dickson White, Cornell was founded with the intention to ...
on the school's Roosevelt Island campus. In 1996, Bloomberg endowed the William Henry Bloomberg Professorship at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the History of the Puritans in North America, Puritan cler ...
with a $3 million gift in honor of his father, who died in 1963, saying, "throughout his life, he recognized the importance of reaching out to the nonprofit sector to help better the welfare of the entire community."


Urban innovation philanthropy

In July 2011, Bloomberg launched a $24 million initiative to fund "Innovation Delivery Teams" in five cities. The teams are one of Bloomberg Philanthropies' key goals: advancing government innovation. In December 2011, Bloomberg Philanthropies launched a partnership with online ticket search engine SeatGeek to connect artists with new audiences. Called the Discover New York Arts Project, the project includes organizations HERE, New York Theatre Workshop, and the Kaufman Center. In 2013, Bloomberg announced the Mayors Challenge competition to drive innovation in American cities. The program was later expanded to competitions in Latin America and Europe. In 2016, Bloomberg gave Harvard $32 million to create the Bloomberg Harvard City Leadership Initiative within
Harvard Kennedy School The Harvard Kennedy School (HKS), officially the John F. Kennedy School of Government, is the public policy school, school of public policy and government of Harvard University in Cambridge, Massachusetts. The school offers master's degrees in p ...
's Ash Center for Democratic Governance and Innovation; the initiative provides training to mayors and their aides on innovative municipal leadership and challenges facing cities. In March 2021, Bloomberg gave Harvard $150 million to create the ''Bloomberg Center for Cities'' to support mayors.


Tobacco, guns and public health

Bloomberg has been a longtime donor to global
tobacco control Tobacco control is a field of international public health science, policy and practice dedicated to addressing tobacco use and thereby reducing the morbidity and death, mortality it causes. Since most cigarettes and cigars and hookahs contain ...
efforts. Bloomberg has donated close to $1 billion to the
World Health Organization The World Health Organization (WHO) is a list of specialized agencies of the United Nations, specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainme ...
(WHO) to promote anti-smoking efforts, including $125 million in 2006, $250 million in 2008, and $360 million, making Bloomberg Philanthropies the
developing world A developing country is a sovereign state with a lesser developed Industrial sector, industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is al ...
's biggest funder of tobacco-control initiatives. In 2013, it was reported that Bloomberg had donated $109.24 million in 556 grants and 61 countries to campaigns against tobacco. 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." Bloomberg Philanthropies and the Campaign for Tobacco-Free Kids jointly launched a $160 million, three-year campaign against youth use of electronic cigarettes (vaping). In Bloomberg is the co-founder of Everytown for Gun Safety (formerly Mayors Against Illegal Guns), a
gun control Gun control, or firearms regulation, is the set of laws or policies that regulate the manufacture, sale, transfer, possession, modification, or use of firearms by civilians. Overview of gun laws by nation, Most countries have a restrictive f ...
advocacy group. In 2016, the
World Health Organization The World Health Organization (WHO) is a list of specialized agencies of the United Nations, specialized agency of the United Nations responsible for international public health. The WHO Constitution states its main objective as "the attainme ...
appointed Bloomberg as its Global Ambassador for Noncommunicable Diseases.


Other philanthropy

Through Bloomberg Philanthropies, Bloomberg supported the Fresh Air Fund's creation of 'Open Spaces in the City' in summer 2020 to provide socially-distant areas for kids to play during the COVID-19 pandemic, as well as jobs for local teens. He donated $3 million to the construction of a new public library in his hometown of Medford and $75 million for The Shed, a new arts and cultural center in Hudson Yards, Manhattan. Bloomberg also endowed his hometown synagogue, Temple Shalom, which was renamed for his parents as the William and Charlotte Bloomberg Jewish Community Center of Medford. Bloomberg hosted the Global Business Forum in 2017, during the annual meeting of the
United Nations General Assembly The United Nations General Assembly (UNGA or GA; french: link=no, Assemblée générale, AG) is one of the six principal organs of the United Nations (UN), serving as the main deliberative, policymaking, and representative organ of the UN. Curr ...
; the gathering featured international CEOs, heads of state, and other prominent speakers. In 2009 Bloomberg met with other billionaires such as Warren Buffett, Bill Gates, Ted Turner and Oprah Winfrey to address issues ranging from the environment,
health care Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure A cure is a substance or procedure that ends a medical condition, such as a medication, a surgery, surgical operation, ...
and concerns over
population growth Population growth is the increase in the number of people in a population or dispersed group. Actual global human population growth amounts to around 83 million annually, or 1.1% per year. The World population, global population has grown from 1 b ...
. 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.


Electoral history


Personal life


Family and relationships

In 1975, Bloomberg married Susan Elizabeth Barbara Brown, a British national from
Yorkshire Yorkshire ( ; abbreviated Yorks), formally known as the County of York, is a Historic counties of England, historic county in northern England and by far the largest in the United Kingdom. Because of its large area in comparison with other Eng ...
, United Kingdom. They have two daughters: Emma (born c. 1979) and Georgina (born 1983), who were featured on '' Born Rich'', a 2003 documentary film about the children of the extremely wealthy. Bloomberg divorced Brown in 1993, but he has said she remains his "best friend". Since 2000, Bloomberg has lived with former New York state banking superintendent Diana Taylor. Bloomberg's younger sister, Marjorie Tiven, has been commissioner of the New York City Commission for the United Nations, Consular Corps and Protocol, since February 2002.


Religion

Although he attended
Hebrew school Hebrew school is Jewish education focusing on topics of Jewish history, learning the Hebrew language, and finally learning their Torah, Torah Portion, in preparation for the ceremony in Judaism of entering adulthood, known as a Bar Mitzvah, Bar or ...
, had a bar mitzvah, and his family kept a
kosher (also or , ) is a set of Food and drink prohibitions, dietary laws dealing with the foods that Jewish people are permitted to eat and how those foods must be prepared according to halakha, Jewish law. Food that may be consumed is deemed kos ...
kitchen, Bloomberg today is relatively secular, attending synagogue mainly during the
High Holidays The High Holidays also known as the High Holy Days, or Days of Awe in Judaism Judaism ( he, ''Yahăḏūṯ'') is an Abrahamic religions, Abrahamic, monotheism, monotheistic, and ethnic religion comprising the collective religious, cult ...
and a
Passover Seder The Passover Seder (; he, סדר פסח , 'Passover order/arrangement'; yi, סדר ) is a ritual feast at the beginning of the Jewish holiday Jewish holidays, also known as Jewish festivals or ''Yamim Tovim'' ( he, ימים טובים, ...
with his sister, Marjorie Tiven. Neither of his daughters had bat mitzvahs.


Public image and lifestyle

Throughout his business career, Bloomberg has made numerous statements which have been considered by some to be insulting, derogatory, sexist or misogynistic. When working on Wall Street in the 1960s and 1970s, Bloomberg claimed in his 1997 autobiography, he had "a girlfriend in every city". On various occasions, Bloomberg allegedly commented "I'd do her", regarding certain women, some of whom were coworkers or employees. Bloomberg later said that by "do", he meant that he would have a personal relationship with the woman. Bloomberg's staff told the ''New York Times'' that he now regrets having made "disrespectful" remarks concerning women. During his term as mayor, he lived at his own home on the
Upper East Side The Upper East Side, sometimes abbreviated UES, is a neighborhood in the boroughs of New York City, borough of Manhattan in New York City, bounded by 96th Street (Manhattan), 96th Street to the north, the East River to the east, 59th Street (Man ...
of
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five Boroughs of New York City, boroughs of New York City. The borough is also coextensive with New York County, one of the List of co ...
instead of
Gracie Mansion Archibald Gracie Mansion (commonly called Gracie Mansion) is the official residence of the Mayor of New York City. Built in 1799, it is located in Carl Schurz Park, at East End Avenue and 88th Street in the Yorkville, Manhattan, Yorkville neighbo ...
, the official mayoral residence. In 2013, he owned 13 properties in various countries around the world, including a $20 million Georgian mansion in
Southampton, New York Southampton, officially the Town of Southampton, is a town A town is a human settlement In geography, statistics and archaeology, a settlement, locality or populated place is a community in which people live. The complexity of a ...
. In 2015, he acquired 4 Cheyne Walk, a historical property in
Cheyne Walk Cheyne Walk is an historic road in Chelsea, London, England, in the Royal Borough of Kensington and Chelsea. It runs parallel with the River Thames. Before the construction of Chelsea Embankment reduced the width of the Thames here, it fronted ...
,
Chelsea, London Chelsea is an affluent area in west London, England, due south-west of Kilometre zero#Great Britain, Charing Cross by approximately 2.5 miles. It lies on the north bank of the River Thames and for postal purposes is part of the SW postcode area ...
, which once belonged to writer
George Eliot Mary Ann Evans (22 November 1819 – 22 December 1880; alternatively Mary Anne or Marian), known by her pen name George Eliot, was an English novelist, poet, journalist, translator, and one of the leading writers of the Victorian era. She ...
. Bloomberg and his daughters own houses in
Bermuda ) , anthem = "God Save the King" , song_type = National song , song = "Hail to Bermuda" , image_map = , map_caption = , image_map2 = , mapsize2 = , map_caption2 = , subdivision_type = Sovereign state , subdivision_name = , es ...
and stay there frequently. Bloomberg stated that during his mayoralty, he rode the
New York City Subway The New York City Subway is a rapid transit system owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). Opened on October 2 ...
on a daily basis, particularly in the commute from his 79th Street home to his office at
City Hall In local government, a city hall, town hall, civic centre (in the United Kingdom, UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administration (government), administrative building of a city, tow ...
. An August 2007 story in ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'' stated that he was often seen chauffeured by two
New York Police Department The New York City Police Department (NYPD), officially the City of New York Police Department, established on May 23, 1845, is the primary municipal law enforcement agency within the New York City, City of New York, the largest and one of ...
-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 The IRT Lexington Avenue Line (also known as the IRT East Side Line and the IRT Lexington–Fourth Avenue Line) is one of the lines of the A Division (New York City Subway), A Division of the New York City Subway, stretching from Lower Manhatta ...
. He supported the construction of the 7 Subway Extension and the
Second Avenue Subway The Second Avenue Subway (internally referred to as the IND Second Avenue Line by the Metropolitan Transportation Authority, MTA and abbreviated to SAS) is a New York City Subway line that runs under Second Avenue (Manhattan), Second Avenue on ...
; in December 2013, Bloomberg took a ceremonial ride on a train to the new 34th Street station to celebrate a part of his legacy as mayor. During his tenure as mayor, Bloomberg made cameos playing himself in the films '' The Adjustment Bureau'' and ''
New Year's Eve In the Gregorian calendar, New Year's Eve, also known as Old Year's Day or Saint Sylvester's Day in many countries, is the evening or the entire day of the December 31, last day of the year, on 31 December. The last day of the year is commonly ...
'', as well as in episodes of ''
30 Rock ''30 Rock'' is an American satire, satirical sitcom television series created by Tina Fey that originally aired on NBC from October 11, 2006, to January 31, 2013. The series, based on Fey's experiences as head writer for ''Saturday Night Live' ...
'', ''
Curb Your Enthusiasm ''Curb Your Enthusiasm'' is an American television sitcom produced and broadcast by HBO since October 15, 2000, and created by Larry David, who stars as a semi-fictionalized version of himself. It follows David's life as a semi-retired televisio ...
'', ''
The Good Wife ''The Good Wife'' is an American legal and political drama television series that aired on CBS from September 22, 2009, to May 8, 2016. It focuses on Alicia Florrick, the wife of the Cook County State's Attorney, who returns to her career in law ...
'', and two episodes of ''
Law & Order ''Law & Order'' is an American police procedural and legal drama television series created by Dick Wolf and produced by Wolf Entertainment, launching the ''Law & Order (franchise), Law & Order'' franchise. ''Law & Order'' aired its entire ru ...
''. Bloomberg is a private pilot. He owns six airplanes: three
Dassault Falcon 900 The Dassault Falcon 900, commonly abbreviated as the F900, is a France, French-built corporate trijet aircraft made by Dassault Aviation. Development The Falcon 900 is a development of the Dassault Falcon 50, Falcon 50, itself a development of ...
s, a Beechcraft B300, a
Pilatus PC-24 The Pilatus PC-24 is a light business jet A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people. Business jets may be adapted for other roles, such as the evacuation of casualties or exp ...
, and a
Cessna 182 Skylane The Cessna 182 Skylane is an American four-seat, single-engined light airplane built by Cessna of Wichita, Kansas. It has the option of adding two child seats in the baggage area. Introduced in 1956, the 182 has been produced in a ...
. Bloomberg also owns two helicopters: an AW109 and an Airbus helicopter and as of 2012 was near the top of the waiting list for an AW609 tiltrotor aircraft. In his youth he was a licensed
amateur radio operator An amateur radio operator is someone who uses equipment at an amateur radio station to engage in two-way communication, two-way personal communications with other amateur operators on Frequency, radio frequencies Amateur radio frequency allocatio ...
, was proficient in
Morse code Morse code is a method used in telecommunication to Character encoding, encode Written language, text characters as standardized sequences of two different signal durations, called ''dots'' and ''dashes'', or ''dits'' and ''dahs''. Morse cod ...
, and built
ham radio Amateur radio, also known as ham radio, is the use of the radio frequency radio spectrum, spectrum for purposes of non-commercial exchange of messages, wireless experimentation, self-training, private recreation, radiosport, contesting, and emer ...
s.


Awards and honors

Bloomberg has received
honorary degree An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin Latin (, or , ) is a classical language belonging to the Ita ...
s from
Tufts University Tufts University is a Private university, private research university on the border of Medford, Massachusetts, Medford and Somerville, Massachusetts. It was founded in 1852 as Tufts College by Christian universalism, Christian universalists who ...
(2007),
Bard College Bard College is a private college, private Liberal arts colleges in the United States, liberal arts college in Annandale-on-Hudson, New York. The campus overlooks the Hudson River and Catskill Mountains, and is within the Hudson River Historic ...
(2007),
Rockefeller University The Rockefeller University is a Private university, private Medical research, biomedical Research university, research and graduate-only university in New York City, New York (state), New York. It focuses primarily on the biological and medica ...
(2007), the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a Private university, private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest- ...
(2008),
Fordham University Fordham University () is a Private university, private Jesuit universities, Jesuit research university in New York City. Established in 1841 and named after the Fordham, Bronx, Fordham neighborhood of the The Bronx, Bronx in which its origina ...
(2009),
Williams College Williams College is a Private college, private liberal arts colleges in the United States, liberal arts college in Williamstown, Massachusetts. It was established as a men's college in 1793 with funds from the estate of Ephraim Williams, a col ...
(2014),
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the History of the Puritans in North America, Puritan cler ...
(2014), the
University of Michigan The University of Michigan (U-M, UMich, or Michigan) is a public university, public research university in Ann Arbor, Michigan. Founded in 1817 by an act of the old Michigan Territory as the History of the University of Michigan#The Catholepistemi ...
(2016),
Villanova University Villanova University is a Private university, private Catholic church, Roman Catholic research university in Villanova, Pennsylvania. It was founded by the Order of Saint Augustine, Augustinians in 1842 and named after Thomas of Villanova, Sa ...
(2017) and Washington University in St. Louis (2019). Bloomberg was the speaker for
Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...
's 2011 baccalaureate service. On May 27, 2010, Bloomberg delivered the commencement speech at his alma mater,
Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hem ...
. In addition, he was invited to and delivered guest remarks for the Johns Hopkins Class of 2020. Other notable guest speakers during the virtual ceremony included Reddit co-founder and Commencement speaker
Alexis Ohanian Alexis Kerry Ohanian ( hy, Ալեքսիս Քերի Օհանյան; born April 24, 1983) is an American internet entrepreneur and investor. He is best known as the co-founder and executive chairman of the social media site Reddit Reddit (; ...
; Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and a leading member of the White House Coronavirus Task Force; and senior class president Pavan Patel Bloomberg has received the
Yale School of Management The Yale School of Management (also known as Yale SOM) is the graduate school, graduate business school of Yale University, a Private university, private research university in New Haven, Connecticut. The school awards the Master of Business Admi ...
's Award for Distinguished Leadership in Global Capital Markets (2003); Golden Plate Award of the
American Academy of Achievement The American Academy of Achievement, colloquially known as the Academy of Achievement, is a Nonprofit organization, non-profit educational institution, educational organization that recognizes some of the highest achieving individuals in diverse ...
presented by
Ehud Barak Ehud Barak ( he-a, אֵהוּד בָּרָק, Ehud_barak.ogg, link=yes, born Ehud Brog; 12 February 1942) is an Israeli general and politician who served as the tenth Prime Minister of Israel, prime minister from 1999 to 2001. He was leader of ...
(2004);
Barnard College Barnard College of Columbia University is a Private college, private Women's colleges in the United States, women's Liberal arts colleges in the United States, liberal arts college in the borough of Manhattan in New York City. It was founded in ...
's Barnard Medal of Distinction (2008); the
Robert Wood Johnson Foundation The Robert Wood Johnson Foundation (RWJF) is an American philanthropy, philanthropic organization. It is the largest one focused solely on health. Based in Princeton, New Jersey, the foundation focuses on access to health care, public health, he ...
Leadership for Healthy Communities' Healthy Communities Leadership Award (2009); and the Jefferson Awards Foundation's U.S. Senator John Heinz Award for Greatest Public Service by an Elected or Appointed Official (2010). He was the inaugural laureate of the annual Genesis Prize for Jewish values in 2013, and donated the $1 million prize money to a global competition, the Genesis Generation Challenge, to identify young adults' big ideas to better the world. Bloomberg was named the 39th most influential person in the world in the 2007 and 2008
Time 100 ''Time'' 100 (often stylized as ''TIME'' 100) is an annual listicle of the 100 most influential people in the world, assembled by the American news magazine ''Time (magazine), Time''. First published in 1999 as the result of a debate among Ameri ...
. In 2010, '' Vanity Fair'' ranked him #7 in its "Vanity Fair 100" list of influential figures. In 2014, Queen
Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – 8 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until Death and state funeral of Elizabeth II, her death in 2022. She was queen ...
appointed Bloomberg an Honorary Knight Commander of the Order of the British Empire for his "prodigious entrepreneurial and philanthropic endeavors, and the many ways in which they have benefited the United Kingdom and the U.K.-U.S. special relationship."


Books and other works

Bloomberg, with Matthew Winkler, wrote an autobiography, ''Bloomberg by Bloomberg'', published in 1997 by Wiley. A second edition was released in 2019, ahead of Bloomberg's presidential run. Bloomberg and former Sierra Club Executive Director Carl Pope co-authored '' Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet'' (2017), published by
St. Martin's Press St. Martin's Press is a book publisher headquartered in Manhattan, New York City, in the Equitable Building. St. Martin's Press is considered one of the largest English-language publishers, bringing to the public some 700 titles a year under si ...
; the book appeared on the ''New York Times'' hardcover nonfiction best-seller list. Bloomberg has written a number of
op-ed An op-ed, short for "opposite the editorial page", is a written prose piece, typically published by a North-American newspaper or magazine, which expresses the opinion of an author usually not affiliated with the publication's editorial board. O ...
s in ''The New York Times'' about various issues, including an op-ed supporting state and local efforts to fight
climate change In common usage, climate change describes global warming—the ongoing increase in global average temperature—and its effects on Earth's climate system. Climate variability and change, Climate change in a broader sense also includes ...
(2017), an op-ed about his donation of $1.8 billion in financial aid for college students and support for
need-blind admission Need-blind admission is a term used in the United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. ...
policies (2018); an op-ed supporting a ban on flavored
e-cigarette An electronic cigarette is an electronic device that simulates tobacco smoking. It consists of an Atomizer nozzle, atomizer, a power source such as a battery, and a container such as a cartridge or tank. Instead of tobacco smoke, smoke, ...
s (2019); and an op-ed supporting policies to reduce
economic inequality There are wide varieties of economic inequality, most notably income inequality measured using the distribution of income (the amount of money people are paid) and wealth inequality measured using the distribution of wealth (the amount of we ...
(2020).Michael R. Bloomberg
Fixing Inequality Is My Priority
''New York Times'' (February 6, 2020).


See also

*
List of Harvard University people The list of Harvard University people includes notable graduates, professors, and administrators affiliated with Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massach ...
*
List of Johns Hopkins University people This is a list of people affiliated with Johns Hopkins University, an American university located in Baltimore, Maryland. Notable alumni Nobel laureates Academia, science, medicine and technology Athletics Business Gove ...
* List of people from Boston *
List of philanthropists A philanthropist is someone who engages in philanthropy; donating their time, money, and/or reputation to charitable organization, charitable causes. The term may apply to any Volunteering, volunteer or to anyone who makes a donation, but the labe ...
* List of richest American politicians *
Timeline of New York City This article is a :Timelines of cities in the United States, timeline of the History of New York City, history of New York City in the state of New York (state), New York, United States of America, US. Prior to 1700s * 1524 – Giovanni da Ve ...
, 2000s–2010s


References


Further reading

* Uses anthropology and geography to examine the mayor's corporate-style governance, with particular attention to the Hudson Yards plan, which aims to transform the far West Side into a high-end district. * * *


External links


Mike Bloomberg
official website
Mike Blomberg biography
at
Bloomberg Philanthropies Bloomberg Philanthropies is a philanthropic organization that encompasses all of the charitable giving of founder Michael R. Bloomberg. Headquartered in New York City, Bloomberg Philanthropies focuses its resources on five areas: the environmen ...

Issue positions and quotes
at On the Issues
Office of the Mayor of New York City
(Archived November 23, 2013) * * * , - , - , - , - {{DEFAULTSORT:Bloomberg, Michael 1942 births 20th-century American businesspeople 20th-century American essayists 20th-century American male writers 20th-century American politicians 21st-century American businesspeople 21st-century American essayists 21st-century American male writers 21st-century American politicians 21st-century philanthropists Amateur radio people American Reform Jews American aviators American billionaires American chief executives in the media industry American chief executives of financial services companies American financial businesspeople American financial company founders American gun control activists American health activists American male non-fiction writers American mass media owners American memoirists American people of Belarusian-Jewish descent American people of Russian-Jewish descent American political writers American technology chief executives American technology company founders Anti-obesity activists . Businesspeople from Massachusetts Businesspeople from New York City Businesspeople in software Candidates in the 2020 United States presidential election Commercial aviators Giving Pledgers Harvard Business School alumni Honorary Knights Commander of the Order of the British Empire Jewish American philanthropists Jewish American writers Jewish mayors of places in the United States Johns Hopkins Bloomberg School of Public Health Johns Hopkins University alumni Living people Massachusetts Democrats Massachusetts Republicans Mayors of New York City New York (state) Democrats New York (state) Independents New York (state) Republicans People from the Upper East Side Philanthropists from New York (state) Writers from Boston Writers from Manhattan Members of the American Philosophical Society Jewish American people in New York (state) politics Jewish American candidates for President of the United States Anti-smoking activists Special Envoys of the Secretary-General of the United Nations