Michael bloomberg children

Michael Bloomberg is not your typical entrepreneur. His resume is an astounding mixture of business, political and philanthropic achievement in a career that has crisscrossed so many boundaries that it defies categorization. Having built his company, Bloomberg LP, into a hugely successful financial news and information company, Bloomberg emerged as a billionaire business titan intent on changing the world.

Having made his mark in business, he turned his attention to the political arena. Bloomberg led the city back to its feet and through the financial crisis that began in His focus on strengthening the economy, creating jobs and addressing divisive cultural issues put his abundant management skills on display. He would win re-election twice and serve until , equaling the longest-serving mayoralties of Fiorello LaGuardia, Robert Wagner and Ed Koch.

During his administration, his highly effective leadership style would result in a thriving economy, a record-low crime rate and a healthier New York. His smoking ban in public places was a landmark decision. Some believe his legacy will last for generations to come. This is heady stuff for a middle-class kid from Medford, Mass. He was smart, ambitious and energized by the hyper-intense Wall Street environment.

How did michael bloomberg make his money

Becoming an entrepreneur was not yet on his radar screen. At Salomon, he quickly rose through the ranks and eventually ran information technology systems for the firm. But when Salomon Brothers was acquired by Phibro Corp. Undaunted, he made a life-changing decision.