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Michael Bloomberg
  • Net Worth : $96 Billion
    0.00%
    Real Time Net Worth as of 2024/07/22
  • Wealth Source : Bloomberg LP
  • Industry : Media & Entertainment
  • Date of Birth : 1942/02/13
  • Age : 82
  • Gender : Male
  • Citizenship : United States
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Michael Bloomberg
  • Net Worth : $96 Billion
    0.00%
  • Wealth Source : Bloomberg LP
  • Industry : Media & Entertainment
  • Date of Birth : 1942/02/13
  • Age : 82
  • Gender : Male
  • Citizenship : United States
People in Media & Entertainment

Michael Bloomberg Net Worth 2024

Year Net Worth

Michael Bloomberg’s net worth and professional life make him a figure among the wealthiest and most influential personalities.

He has made a fortune as a well-known businessman, billionaire philanthropist, and former ex-mayor of New York City.

Michael Bloomberg’s net worth is estimated at $96.3 billion in 2023. His wealth comes from owning 88% of Bloomberg LP, with estimated revenues of over $12 billion. He also has personal investments, which add to his net worth.

Let us explore what else the man behind the brand, Michael Bloomberg, has achieved in his career.

Who is Michael Bloomberg?

Michael Rubens Bloomberg was born on the 14th day of February 1942 in Boston, Massachusetts. He was educated at Johns Hopkins University as an undergraduate and attended Harvard Business School for his MBA.

Bloomberg studied and then joined the investment banking sector, where he could practice his finance skills, having served as a broker at Salomon Brothers.

With David, Bloomberg formed Bloomberg L.P. in 1981, a multinational financial services, software, and media company. Its biggest asset—a Bloomberg Terminal—has become an essential instrument in the arsenal of every professional in finance globally.

With the company flourishing under Bloomberg’s leadership, his transformational approach to financials made him rich.

michael bloomberg net worth - comparewise

What is Michael Bloomberg’s net worth?

Knowing Michael Bloomberg’s net worth is vital because it proves that hard work pays off and motivates you to work harder. Michael put in years of effort in inventing new ways to succeed in the financial and media sectors.

If you want to estimate his net worth yourself, you can use our free net worth calculator. In your calculation, you must subtract his liabilities from total assets to approximate his Net Worth.

Assets are anything that adds value to his worth, like dividends from Bloomberg. At the same time, liabilities take value, like mortgages.

Michael Bloomberg has a fortune of $96.3 billion, making him the 10th richest person globally. His primary wealth source is Bloomberg L.P., where he provides financial software tools, including an equity trading platform and analytics.

He also provides data services and news to financial companies and organizations.

Conclusion

Michael Bloomberg’s net worth ranks him among the richest in the world. He is also known for being one of the most influential people globally.

Michael has been involved in philanthropy and public service, putting in efforts to mitigate against myriad social and environmental challenges and utilizing his fortunes.

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FAQs about Michael Bloomberg's Net Worth

Is Michael Bloomberg married?

Michael married Susan Brown-Meyer in 1975, but the couple divorced in 1993. He hasn't remarried since then. 

How rich is Michael Bloomberg?

Michael Bloomberg ranks as the 10th wealthiest person in the world, with an estimated $96.3 billion.

Was Bloomberg president of the United States?

In the 2020 presidential race, Michael Bloomberg contested the Democratic nomination but failed to become the Democratic Party flagbearer. He stopped being a candidate in March 2020, failing to become president later.

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December 29, 2023
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