Mike is the founder and owner of Bloomberg LP, the world’s leading financial news and information company. Headquartered in New York City, Bloomberg LP has more than 320,000 subscribers and 15,500 employees in over 192 locations around the world.
Mike began his career in business at an early age. After graduating from Johns Hopkins University with a degree in engineering, Mike went on to receive an MBA from Harvard Business School. In 1966, at the age of twenty-four, he moved to New York City to take a job with Salomon Brothers, an investment bank. Mike quickly rose through the ranks at Salomon, where he eventually oversaw the trading firm's information systems. In 1981, Salomon was acquired by another company, and Mike was squeezed out by the merger. He used that opportunity to start Bloomberg LP - and never looked back, turning his vision of a financial news and information company that would use emerging technology to bring transparency and efficiency to Wall Street's trading firms.
The Bloomberg Professional service provides critical information to financial and business professionals that result in decisions affecting billions of dollars each day. This service, more commonly known as “the Bloomberg Terminal” offers subscribers sophisticated trading tools, portfolio analytics, complex commodities pricing and data, real time market coverage, debt and credit market investment analytical tools, legal, regulatory and compliance platforms, pharmaceutical and biotech search engines, valuation tools for listed derivative, over-the-counter derivative, and structured note markets, and a host of other information critical to the daily operations and decisions that drive the global financial services industry.
Bloomberg News is one of the world's largest and most trusted information sources. The news division includes Bloomberg TV - the only worldwide 24-hour business and financial television network; Bloomberg Radio; a number of print outlets including Bloomberg Markets and Bloomberg Businessweek; and Bloomberg.com. Started in 1990, its newswire operation provides content for newspapers, websites and other outlets around the world.
With a mission of clarity, transparency, empowerment and innovation, Bloomberg LP is widely considered to be one of the world’s most pioneering companies, from its bullpen style seating for all employees, including the CEO, to its belief in the importance of investing in and supporting its employees. The incredible success of Bloomberg LP has allowed Mike to become one of the world’s leading philanthropists. In addition to Mike’s personal philanthropy, Bloomberg LP conducts its own extensive philanthropic program, supporting education and literacy programs, health and medical research, and environmental, arts and cultural programs around the world. Bloomberg LP is also a global leader in sustainability, launching an aggressive program to reduce its carbon footprint by 50% by 2013 through energy efficiency, using more renewable resources and reducing waste.
Bloomberg Philanthropies Ranks #2 on World's 50 Most Innovative Companies
Feb. 10, 2014 Fast Company
With $452 million distributed in 2013, Bloomberg Philanthropies is among the largest foundations in the United States, but it distinguishes itself by acting as its namesake, Michael Bloomberg, does - with sophisticated, data-driven solutions for every step of the process, from identifying priorities to monitoring progress to scaling pragmatic solutions.
Top 5 Tips for Becoming a Successful Entrepreneur
Aug. 14, 2013 LinkedIn
The following are some tips for becoming a successful entrepreneur based on my experience of building a company from the ground up, leading New York City as mayor, and founding a philanthropic organization.
Making New York a World Class Tech Community
Feb. 20, 2013 LinkedIn
New York is now home to the country's fastest-growing and most exciting tech communities, with more and more entrepreneurs choosing to locate their start-ups here.