Editing Michael Bloomberg (section)

{{Short description|American businessman and politician (born 1942)}}
{{Other uses|Bloomberg (disambiguation)}}
{{Use American English|date=February 2020}}
{{Use mdy dates|date=November 2020}}
{{Infobox officeholder
| name                = Michael Bloomberg
| image               = Mike Bloomberg Headshot (3x4 cropped).jpg
| caption             = Bloomberg in 2015
| office              = Chair of the [[Defense Innovation Board]]
| president           = [[Joe Biden]]
| 1blankname          = [[United States Secretary of Defence|Secretary]]
| 1namedata           = [[Lloyd Austin]]
| term_start          = June 22, 2022
| term_end            = January 14, 2025<ref>{{cite web | url=https://breakingdefense.com/2025/01/despite-high-profile-exits-most-defense-business-innovation-board-members-intact/ | title=Despite high-profile exits, most Defense Business, Innovation Boards intact | date=January 23, 2025 }}</ref>
| predecessor         = Mark Sirangelo
| successor           = ''Vacant''
| order1              = 108th
| office1             = Mayor of New York City
| term_start1         = January 1, 2002
| term_end1           = December 31, 2013
| deputy1             = [[Patricia Harris]]
| predecessor1        = [[Rudy Giuliani]]
| successor1          = [[Bill de Blasio]]
| birth_name          = Michael Rubens Bloomberg
| birth_date          = {{birth date and age|1942|2|14}}
| birth_place         = [[Boston]], [[Massachusetts]], U.S.
| party               = [[Democratic Party (United States)|Democratic]] (before 2001, 2018–present)
| otherparty          = [[Republican Party (United States)|Republican]] (2001–2007)<br />[[Independent politician|Independent]] (2007–2018)
| spouse              = {{marriage|Susan Brown-Meyer|1975|1993|end=div}}
| partner             = [[Diana Taylor (superintendent)|Diana Taylor]] (2000–present)
| children            = 2, including [[Georgina Bloomberg|Georgina]]
| education           = [[Johns Hopkins University]] ([[Bachelor of Science|BS]])<br />[[Harvard University]] ([[Master of Business Administration|MBA]])
| occupation          = {{hlist|Politician|philanthropist|author|businessman}}
| signature           = Michael Bloomberg Signature.svg
| website             = {{URL|mikebloomberg.com|Official website}}
}}
{{Michael Bloomberg series}}

'''Michael Rubens Bloomberg''' (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of [[Bloomberg L.P.]], and was its CEO from 1981 to 2001 and again from 2014 to 2023.<ref>{{cite news |last1=Mullin |first1=Benjamin |title=Bloomberg L.P., a Financial Data Giant, Overhauls Its Leadership Ranks |work=The New York Times |date=August 21, 2023 |url=https://www.nytimes.com/2023/08/21/business/media/bloomberg-lp-succession.html#:~:text=lp%2Dsuccession.html-,Bloomberg%20L.P.%2C%20a%20Financial%20Data%20Giant%2C%20Overhauls%20Its%20Leadership%20Ranks,Paul%20Zammitt%20its%20new%20president. |access-date=October 24, 2023}}</ref> He served as the 108th [[mayor of New York City]] for three terms from 2002 to 2013 and was a candidate for the [[2020 Democratic presidential primaries|2020 Democratic nomination]] for [[president of the United States]].

Bloomberg grew up in [[Medford, Massachusetts]], and graduated from [[Johns Hopkins University]] and [[Harvard Business School]]. He began his career at the securities brokerage firm [[Salomon Brothers]] 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]]. Bloomberg spent the next twenty years as its chairman and CEO. According to ''[[Forbes]]'', as of May 2025, Bloomberg's estimated net worth stood at US$104.7 billion, making him the 18th richest individual in the world.<ref name=Forbes>{{Cite magazine|title=Michael Bloomberg|url=https://www.forbes.com/real-time-billionaires/ |magazine=Forbes|access-date=February 17, 2025}}</ref> Bloomberg, who has signed [[the Giving Pledge]], has given away $17.4 billion to philanthropic causes in his lifetime.<ref name=":0" /> 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.

A lifelong [[Democratic Party (United States)|Democrat]] before seeking elective office, Bloomberg [[Party switching in the United States|switched his party registration]] in 2001 to run for mayor as a [[Republican Party (United States)|Republican]]. He was elected the [[List of mayors of New York City|108th]] mayor of New York City in [[2001 New York City mayoral election|2001]]. He won a second term in [[2005 New York City mayoral election|2005]], and left the Republican Party two years later. Bloomberg campaigned to change the city's term limits law, and was elected to his third term in [[2009 New York City mayoral election|2009]] as an Independent on the Republican ballot line. Pursuing [[Political positions of Michael Bloomberg|socially liberal and fiscally moderate policies]], Bloomberg developed a [[Technocracy|technocratic managerial style]].<ref>{{cite web |url=https://www.nytimes.com/2003/10/01/nyregion/political-memo-bloomberg-the-technocrat-seeks-his-inner-la-guardia.html |title=Political Memo; Bloomberg, the Technocrat, Seeks His Inner La Guardia |author1=Cooper, Michael |work=[[The New York Times]]|date=October 1, 2003|access-date=February 25, 2020|url-access=limited}}</ref>

As the mayor of New York, Bloomberg established public [[charter school]]s, rebuilt urban infrastructure, and supported [[Gun politics in the United States|gun control]], [[public health]] initiatives, and [[Environmental policy of the United States|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]]. Bloomberg is considered to have had far-reaching influence on [[politics of New York City|the politics]], [[Economy of New York City|business sector]], and [[culture of New York City]] during his three terms as mayor. He has also faced significant criticism for the city's [[stop and frisk]] program, support for which he reversed with an apology before his 2020 presidential run.<ref>{{Cite web|title=Bloomberg apologizes for 'stop-and-frisk' police practice|url=https://www.nbcnews.com/news/nbcblk/bloomberg-apologizes-stop-frisk-police-practice-n1084756|access-date=July 24, 2020|website=NBC News|date=November 18, 2019 |language=en}}</ref>

In November 2019, four months before [[Super Tuesday]], Bloomberg officially launched [[Michael Bloomberg 2020 presidential campaign|his campaign]] for the Democratic nomination for president of the United States in the [[2020 United States presidential election|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 presidential primary campaign and highest spending in any political capacity by a single individual in U.S. history.<ref>{{Cite web |title=Form 3P for Mike Bloomberg 2020, Inc. |url=https://docquery.fec.gov/cgi-bin/forms/C00728154/1391483/ |access-date=April 1, 2020 |website=docquery.fec.gov}}</ref> In 2024, Bloomberg received the [[Presidential Medal of Freedom]] from President [[Joe Biden]].<ref name=":6">{{cite web|url=https://bidenwhitehouse.archives.gov/briefing-room/statements-releases/2024/05/03/president-biden-announces-recipients-of-the-presidential-medal-of-freedom-2/|publisher=The White House|title=President Biden Announces Recipients of the Presidential Medal of Freedom|date=May 3, 2024|access-date=May 3, 2024}}</ref><ref name=":8">{{Cite news |last=Baker |first=Peter |date=2024-05-03 |title=Biden to Honor Prominent Democrats With Presidential Medal of Freedom |url=https://www.nytimes.com/2024/05/03/us/politics/biden-presidential-medal-freedom.html |access-date=2024-05-03 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> As of 2025, Bloomberg is the last individual to win or hold citywide office in [[New York City]] as a [[New York Republican State Committee|Republican]].