Michael Bloomberg Net Worth

Michael Bloomberg net worth – What is the net worth of Michael Bloomberg? Michael Bloomberg is an American businessman, politician, philanthropist, and the co-founder and majority owner of Bloomberg L.P., a global financial data and media powerhouse. With a net worth of $109.4 billion, he is one of the richest people in the world. A three-term mayor of New York City, Bloomberg is a unique figure who successfully bridged the gap between Wall Street and City Hall, revolutionizing financial analytics with the “Bloomberg Terminal” before reshaping New York’s economy and public health policies.

What is Michael Bloomberg’s Net Worth?

As of 2026, Michael Bloomberg has an estimated net worth of US $109.4 billion. His wealth is derived almost entirely from his 88% ownership stake in Bloomberg L.P., the privately held company he founded in 1981. Unlike many billionaires whose wealth is tied to volatile public stocks, Bloomberg’s fortune comes from the steady, recurring revenue of the Bloomberg Terminal, which is indispensable to financial professionals worldwide. He has also given away over $25 billion to charitable causes through Bloomberg Philanthropies, focusing on climate change, public health, and education.

Net Worth Comparison with Other Finance & Media Billionaires

Billionaire	Estimated Net Worth
Michael Bloomberg	$109.4 Billion
Warren Buffett	$135 Billion
Mark Zuckerberg	$222 Billion
Larry Ellison	$253 Billion
Rupert Murdoch	$19 Billion
Stephen Schwarzman	$46 Billion

Michael Bloomberg Net Worth Growth Timeline

Year	Net Worth
2018	$50.0 Billion
2020	$54.9 Billion
2022	$82.0 Billion
2024	$106.2 Billion
2026	$109.4 Billion

Who is Michael Bloomberg?

Michael Rubens Bloomberg is a visionary entrepreneur born on February 14, 1942, in Boston, Massachusetts. He is best known for creating the technology that underpins the modern global financial system. After being fired from Wall Street investment bank Salomon Brothers in 1981 with a $10 million severance check, he took a gamble on digital data, creating a terminal that offered real-time market analytics. That gamble turned him into one of the wealthiest men on the planet. He later served as the 108th Mayor of New York City for 12 years (2002–2013), accepting a salary of just $1 per year.

Michael Bloomberg Biography

Field	Details
Full Name	Michael Rubens Bloomberg
Nickname	Mike
Date of Birth	February 14, 1942
Age	83 years
Birthplace	Boston, Massachusetts, U.S.
Nationality	American
Profession	Businessman, Politician, Philanthropist
Years Active	1966–present
Net Worth	$109.4 billion
Source of Wealth	Bloomberg L.P. (Financial Data)
Education	Johns Hopkins University (B.S.), Harvard University (MBA)
Marital Status	Divorced (Partner: Diana Taylor)
Spouse	Susan Brown (m. 1975; div. 1993)
Children	Emma Bloomberg, Georgina Bloomberg
Parents	William Henry Bloomberg, Charlotte Rubens

Early Life and Education

Michael Bloomberg was born into a middle-class Jewish family in Boston and raised in Medford, Massachusetts. His father, William, was a bookkeeper at a dairy company. Bloomberg learned the value of hard work early, paying his tuition at Johns Hopkins University by working as a parking lot attendant and taking out government loans.

At Johns Hopkins, he studied Electrical Engineering, graduating in 1964. He then attended Harvard Business School, earning his MBA in 1966. His engineering background combined with business acumen would later prove crucial in designing the Bloomberg Terminal.

Career

Bloomberg began his career at the investment bank Salomon Brothers in 1966 as an entry-level clerk. He quickly rose through the ranks to become a general partner, heading equity trading and, later, systems development. However, in 1981, Salomon Brothers was acquired, and Bloomberg was let go.

Using his $10 million severance package, he founded Innovative Market Systems (later renamed Bloomberg L.P.). His vision was to provide transparency to financial markets. He designed a computer terminal that delivered real-time data, calculations, and news to Wall Street traders. The first customer was Merrill Lynch, which ordered 20 terminals. Today, there are over 325,000 subscribers globally.

In 2001, just weeks after the 9/11 attacks, Bloomberg was elected Mayor of New York City. He ran as a Republican (later Independent) and served three terms, overseeing the city’s economic recovery, rezoning vast swathes of land, and implementing controversial public health measures like banning smoking in bars. He returned to run his company in 2014 and briefly ran for U.S. President in 2020.

Personal Life

Michael Bloomberg was married to Susan Brown from 1975 to 1993. They have two daughters: Emma, who works in the non-profit sector, and Georgina, a professional equestrian. Since 2000, his domestic partner has been Diana Taylor, a former New York State Superintendent of Banks.

Bloomberg owns an extensive real estate portfolio, including a townhouse on Manhattan’s Upper East Side, estates in Southampton and Westchester, and homes in London, Bermuda, and Colorado. He is an avid pilot and often flies his own helicopter.

Favorite Things

Category	Favorite
Hobby	Flying (Helicopters & Planes)
Food	Popcorn, Burnt Toast
City	New York City
Animal	Goldfish (kept in office tanks)
Sport	Golf, Skiing
Cause	Climate Change, Gun Safety

50 Unknown Facts about Michael Bloomberg

He was born on Valentine’s Day (February 14, 1942).
He attained the rank of Eagle Scout as a child.
He worked as a parking lot attendant to pay for his college tuition.
He was fired from Salomon Brothers in 1981 with a $10 million severance check.
He used that severance money to start his own company the very next day.
He personally designed the keyboard of the Bloomberg Terminal.
He owns 88% of Bloomberg L.P.
He served as Mayor of New York City for 12 years (three terms).
He accepted a salary of only $1 per year as mayor.
He spent over $650 million of his own money on his three mayoral campaigns.
He spent over $1 billion of his own money on his 2020 presidential run.
He is a licensed commercial pilot.
He flies his own Agusta A109S helicopter.
He has given away over $25 billion to charity.
He signed the Giving Pledge in 2010.
He donated $1.8 billion to Johns Hopkins University in 2018, the largest gift to a higher education institution in U.S. history at the time.
The donation allowed Johns Hopkins to become “need-blind” in admissions forever.
He was a Democrat, then a Republican, then an Independent, and is now a Democrat again.
He banned smoking in NYC bars and restaurants, sparking a global trend.
He attempted to ban large sugary sodas in NYC (the “Big Gulp Ban”), but courts struck it down.
He has homes in New York, London, Bermuda, Colorado, and Florida.
He was awarded the Presidential Medal of Freedom in 2024.
He is the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions.
He co-authored the book Climate of Hope.
He founded Everytown for Gun Safety.
He employs over 20,000 people globally.
His company headquarters in NYC is known for its open-plan office; even he does not have a private office.
He has a fish tank in the office to create a calming atmosphere.
He loves burnt toast and peanut butter.
He is a fan of the New York Yankees.
He appeared in an episode of Curb Your Enthusiasm and 30 Rock.
He was knighted by Queen Elizabeth II (Honorary KBE), though he cannot use the title “Sir.”
He speaks Spanish, though he famously struggled with it during press conferences as mayor.
He owns a limestone townhouse in Manhattan worth over $50 million.
He bought the historic Cheyne Walk home in London for $25 million.
His daughter Georgina is a professional show jumper.
He has faced criticism for the “Stop and Frisk” policy used during his mayoralty.
He believes in “data-driven” philanthropy.
He helped rebuild Lower Manhattan after 9/11.
He launched the C40 Cities Climate Leadership Group.
He owns a farm in North Salem, New York.
He once said, “In God we trust. Everyone else, bring data.”
He commutes between his homes on a private jet.
He considers himself a “manager” first and a politician second.
He has been the WHO Global Ambassador for Noncommunicable Diseases.
He successfully reduced the teen smoking rate in NYC by 50%.
He is friends with Rupert Murdoch despite their differing politics.
He has never taken his company public.
He wakes up early and reads multiple newspapers every day.
He plans to give away virtually all his wealth before he dies.

Frequently Asked Questions

How old is Michael Bloomberg?

Michael Bloomberg is 83 years old (turning 84 in February 2026).

Where does Michael Bloomberg live?

His primary residence is a townhouse on East 79th Street in Manhattan, but he spends significant time at his homes in the Hamptons, London, and Bermuda.

Is Michael Bloomberg married?

No, he is divorced. He has been in a long-term relationship with Diana Taylor since 2000.

How much is Michael Bloomberg worth?

His estimated net worth is $109.4 billion.

What company does Michael Bloomberg own?

He owns Bloomberg L.P., a financial software, data, and media company famous for the Bloomberg Terminal.

Did Michael Bloomberg run for President?

Yes, he ran for the Democratic nomination for President in 2020 but suspended his campaign after Super Tuesday.

Is Michael Bloomberg a Republican or Democrat?

He is currently a registered Democrat, though he served as mayor as a Republican and later as an Independent.

How much of Bloomberg L.P. does he own?

He owns approximately 88% of the company.

What is the Bloomberg Terminal?

It is a computer software system that provides real-time financial data, news, and trading tools to financial professionals, costing roughly $24,000-$30,000 per year per user.

How much has Michael Bloomberg donated to charity?

He has donated over $25 billion in his lifetime to causes including education, public health, and the environment.