Thomas "Tom" Secunda (born 1954) is an American billionaire businessman, best known as one of the four co-founders of
Bloomberg L.P.
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 1 ...
and its vice chairman.
As of May 2022, his net worth was estimated at US$4.1 billion.
He has signed Giving Pledge which commits him to donating the majority of his wealth to charity.
Early life
Thomas Secunda was born in 1954 in
Bethpage, New York.
He graduated from
Binghamton University with bachelor's and master's degrees in mathematics.
Career
Beginning his career as a programmer,
Thomas Secunda worked as a
fixed-income trader at
Morgan Stanley
Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the fir ...
, as well as a
systems researcher at
Salomon Brothers
Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York. It was one of the five largest investment banking enterprises in the United States and the most profitable firm on Wall Street durin ...
, where he worked alongside future co-founder of Bloomberg L.P. and Mayor of New York City
Michael Bloomberg.
In 1982, Secunda joined his former Salomon Brothers colleagues Michael Bloomberg,
Duncan MacMillan, and
Charles Zegar to set up Innovative Market Systems, later renamed Bloomberg L.P. in 1987.
He serves as the global head of Bloomberg’s Financial Products and Services where his primary responsibility is to help Bloomberg develop new features and tools for the Bloomberg Professional service, the company’s primary product, driving 85 percent of its estimated $7 billion in revenue. As head of Financial Products, Secunda oversees a global staff of 6,000. In July 2011, Secunda was appointed vice chairman of Bloomberg L.P.
In addition to being one of the four co-founders of Bloomberg L.P., Secunda sits on the board of directors.
When asked about Bloomberg, Secunda has said, "I'm immensely proud of the culture, the people and the company. The product is wonderful and I'm very proud of that as well."
Philanthropy
Secunda and his wife Cindy are signatories of the
Giving Pledge.
[The Giving Pledge: "STATEMENT BY TOM AND CINDY SECUNDA TO 'THE GIVING PLEDGE'"]
June 2011 The beneficiaries of the couple's charitable giving are primarily organizations that focus on "National Parks, local parks, conservation, healthcare and Jewish causes."
Since devastating 2017 hurricane impacted the U.S. Virgin Islands and other parts of the Caribbean, Secunda has been deeply involved in reconstruction efforts there. In 2011, Secunda was appointed chairman of the
National Parks Conservation Association
The National Parks Conservation Association (NPCA) is the only independent, nonpartisan membership organization devoted exclusively to advocacy on behalf of the National Parks System. Its mission is "to protect and enhance America's National Pa ...
. He is on the board of trustees for the
Intrepid Museum Foundation,
and the board of directors of the
Manhattan Theater Club
Manhattan Theatre Club (MTC) is a theatre company located in New York City, affiliated with the League of Resident Theatres. Under the leadership of Artistic Director Lynne Meadow and Executive Producer Barry Grove, Manhattan Theatre Club has ...
.
In 2012, he was awarded the
Simon Wiesenthal Center
The Simon Wiesenthal Center (SWC) is a Jewish human rights organization established in 1977 by Rabbi Marvin Hier. The center is known for Holocaust research and remembrance, hunting Nazi war criminals, combating anti-Semitism, tolerance educat ...
's award for his philanthropic work.
Personal life
Secunda lives with his wife, Cynthia "Cindy" Cohen, who is also Jewish,
Temple Israel of Northern Westchester: "Temple Topics"
September 2012 and their two daughters in Croton-on-Hudson, New York
Croton-on-Hudson is a village in Westchester County, New York, United States. The population was 8,327 at the 2020 United States census over 8,070 at the 2010 census. It is located in the town of Cortlandt as part of New York City's northern subur ...
.
References
{{DEFAULTSORT:Secunda, Thomas
1954 births
American billionaires
Bloomberg L.P. founders
American corporate directors
Binghamton University alumni
Giving Pledgers
21st-century philanthropists
Living people
20th-century American Jews
People from Bethpage, New York
People from Croton-on-Hudson, New York
21st-century American Jews