United StatesFounded it
Michael Bloomberg
Michael Bloomberg founded the financial data and media company Bloomberg L.P. in 1981 and is its majority owner; he was mayor of New York City from 2002 to 2013.
- Forbes estimate
- $94.9B
- Forbes, 9 Oct 2026
- Forbes rank
- No. 20
- 9 Oct 2026
- Stake in Bloomberg L.P.
- 88%
- Net worth, Bloomberg
- Not stated
- Born
- 14 Feb 1942
- Boston, Massachusetts, United States
- Education
- Graduate degree
- BS in electrical engineering, Johns Hopkins University; MBA, Harvard Business School (1966)
- Giving Pledge
- Signed in 2010
Where the fortune sits
Bloomberg L.P.
Bloomberg L.P.
financial data, news and software, founded 1981
Forbes' figure; the company says only 'majority owner' (private company, no filing)
Forbes profile (no public filing; private company), 10 Mar 2026
Founder and majority owner
Where Michael stands among 73
Everyone on the site, grouped by their answer. Michael Bloomberg is outlined.
How the fortune started
Founded it
Founded it 42
Inherited and grew it 12
Built it up 8
Inherited it 6
Through marriage 5
Industry
Media
Media 3
Technology 24
Finance 10
Several industries 9
Metals and mining 6
Retail 4
Fashion and beauty 4
Food and drink 3
Shipping 3
Crypto 2
Oil, gas and chemicals 2
Healthcare 1
Casinos and resorts 1
Property and sports 1
Giving Pledge
Signed
Signed 11
Not a signer 61
Not stated 1
Education
Graduate degree
Graduate degree 24
Bachelor's degree 27
Left university without a degree 6
No university 5
Not stated 11
Role today
Chair, board or owner
Chair, board or owner 25
Runs the company 32
Founder, no executive role 8
No role 4
Retired 4
The person
- Born
- 14 Feb 1942Boston, Massachusetts, United States
- Citizenship
- United States
- Lives in
- New York City, United States
- Education
- Graduate degreeBS in electrical engineering, Johns Hopkins University; MBA, Harvard Business School (1966)
- Parents
- Grew up in a middle-class home in Medford, Massachusetts; worked in a parking lot and took government loans to pay for Johns Hopkins
What they give
- Giving Pledge
- Signed in 2010
- Foundation
- Bloomberg PhilanthropiesCovers his foundation, corporate and personal giving
- Lifetime giving
- $25.4BForbes, 31 Dec 2025. Forbes' estimate of lifetime giving through the end of 2025, counting only money given to charitable recipients
Role and record
- Role now
- OwnerFounder and majority owner of Bloomberg L.P.; founder of Bloomberg Philanthropies; UN Special Envoy on Climate Ambition and Solutions
- Successor
- Vlad Kliatchko, CEO since 2023 and chair
- Public office
- Mayor of New York City, 2002-2013
- UN Special Envoy on Cities and Climate Change, 2014
- UN Special Envoy for Climate Action, later Special Envoy on Climate Ambition and Solutions, 2018-present
- WHO Global Ambassador for Noncommunicable Diseases and Injuries, 2016-present
- Legal record
- None found
