“I don't know if Bernie Madoff got his idea from there, but if there's ever a Ponzi scheme, people say Madoff was the biggest? Wrong. Social Security is, far and away,”
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Michael Rubens Bloomberg 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. He served as the 109th mayor of New York City from 2002 to 2013. He was a lifelong Democrat until 2001, when he switched to the Republican Party to run for mayor, and later becoming an Independent in 2007. Blo…
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business · American businessman and politician (born 1942) · businessperson · politician · aircraft pilot · writer · trader · bank manager · actor · entrepreneur · mayor · also Michael Bloomberg, Michael R. Bloomberg, Mike Bloomberg, Michael Rubens Bloomberg, Mike R. Bloomberg, Bloomberg
Born 14 February 1942 · Q607
111 published statements · 0 followers
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“I don't know if Bernie Madoff got his idea from there, but if there's ever a Ponzi scheme, people say Madoff was the biggest? Wrong. Social Security is, far and away,”
“a reminder to us and all future generations that freedom carries heavy responsibilities”
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“the American government may have pulled out of the Paris agreement, but American society remains committed to it.”
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“So, should the City Council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term.”
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ABC17NEWS: Michael Bloomberg gives $1.25 million to Missouri abortion rights PAC
The Guardian: Air pollution is a fixable problem – just look at how London and New York have cleaned up their acts | Sadiq Khan and Michael Bloomberg
Public attention spiked: 8,559 Wikipedia readers in one day, 4.6× the usual 1,870, with 1 article edits. Editors noted: Use the more up-to-date photo
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Public attention spiked: 27,913 Wikipedia readers in one day, 14.9× the usual 1,870, with 0 article edits.
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Yahoo: Michael Bloomberg, biggest donor of 2025, tops Philanthropy 50 list for third year in a row
The Wall Street Journal: Michael Bloomberg
Bloomberg expanded his support of HBCU education by funding a $20 million initiative to develop K-12 charter schools on HBCU campuses and establish a direct pipeline of quality educational opportunities
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Insider: Michael Bloomberg recently gave $50 million to support Kamala Harris — but only after a pressure campaign: report
The Guardian: Mike Bloomberg will donate $600m to historically Black medical schools
The Guardian: Mike Bloomberg urges Democrats not to ‘rush’ presidential pick
Won Presidential Medal of Freedom presented by Joe Biden (2024).
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Bloomberg received the Presidential Medal of Freedom from President Joe Biden
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Bloomberg again made a donation to the nation's Historically Black Medical Schools — this time gifting $600 million to the four schools to support their endowments
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Bloomberg announced a $1 billion gift to Johns Hopkins University to make tuition free for all medical school students whose families make under $300,000 a year, beginning in the fall of 2024
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The Guardian: Mike Bloomberg forced to apologise after Boris Johnson speech criticising China
PolitiFact rated the claim “Matt Dolan sponsored Michael Bloomberg's “red-flag gun confiscation law, letting the people reporting your social media posts send SWAT teams to your house to take your guns."” False.
Shown as reported and rated by a fact checker, not as an established fact.
Bloomberg's net worth was estimated at $106 billion, ranking him 12th on Forbes' list of billionaires
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Campaign ended: 2020 presidential election.
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The Guardian: Florida’s attorney general requests inquiry into Mike Bloomberg’s voting effort
The Guardian: Mike Bloomberg raises millions to help Florida felons vote
The Guardian: Mike Bloomberg will spend $100m to help Biden beat Trump in Florida
The Guardian: Michael Bloomberg expands influence network within Democratic party
The Guardian: Mike Bloomberg transfers $18m to Democratic National Committee
AP News rated the claim “Former New York City Mayor Mike Bloomberg spent $500 million on ads for his 2020 Democratic presidential campaign. The U.S. population is 327 million. He could have given each American $1 million and still have money left over.” False.
Shown as reported and rated by a fact checker, not as an established fact.
PolitiFact rated the claim ““Bloomberg spent $500 million on ads. The U.S. population is 327 million. He could have given each American $1 million and still have money left over.”” Pants on Fire.
Shown as reported and rated by a fact checker, not as an established fact.
The Guardian: Mike Bloomberg endorses Joe Biden in bid to 'defeat Donald Trump' – video
The Guardian: How Elizabeth Warren destroyed Mike Bloomberg's campaign in 60 seconds
After a disappointing Super Tuesday in which he won only American Samoa
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Politifact rated the claim “Michael Bloomberg “did not poll well as mayor in handling crisis!”” Half True.
Shown as reported and rated by a fact checker, not as an established fact.
Claimed: ““I find it incomprehensible that the president would do something as inane as calling [the novel coronavirus] a hoax, which he did [Friday] night in South Carolina.”” — rated Lacks Context by FactCheck.org.
Shown as reported and rated by a fact checker, not as an established fact.
Claimed: “On stop and frisk, "we let it get out of control and when I realized that I cut it back by 95%."” — rated Half True by PolitiFact.
Shown as reported and rated by a fact checker, not as an established fact.
PolitiFact rated the claim “Mike Bloomberg in 2016 "dumped $12 million in the Pennsylvania Senate race to help re-elect an anti-choice right-wing Republican senator."” He gave to GOPers.
Shown as reported and rated by a fact checker, not as an established fact.
Claimed: ““I certainly supported Barack Obama and Joe Biden. ... I was there both times for them.”” — rated Half True by PolitiFact.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes rated the claim “In 2020, Mike Bloomberg bought U.S. President Donald Trump's debt.” Labeled Satire.
Shown as reported and rated by a fact checker, not as an established fact.
Claimed: ““I inherited the police practice of stop-and-frisk, and as part of our effort to stop gun violence it was overused. By the time I left office, I cut it back by 95%..."” — rated Misleading by FactCheck.org.
Shown as reported and rated by a fact checker, not as an established fact.
Claimed: “Campaign letter says North Carolina's Democratic primary is open to "all registered voters, regardless of registration."” — rated False by PolitiFact.
Shown as reported and rated by a fact checker, not as an established fact.
As part of Bloomberg Philanthropies' Greenwood Initiative, which tackles the racial wealth gap and addresses decades of under-investment in Black communities
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Campaign: 2020 presidential election.
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The great likelihood is that an independent would just split the anti-Trump vote and end up re-electing the President
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Claimed: “"If you go back, you can see Wayne LaPierre, who runs the NRA, testifying in front of Congress in favor of background checks 15 or 20 years ago."” — rated True by PolitiFact.
Shown as reported and rated by a fact checker, not as an established fact.
Bloomberg announced that he would not run for president in 2020
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“nominate a Democrat who will be in the strongest position to defeat Donald Trump.”
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Bloomberg announced that he had returned to the Democratic Party
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Ban's successor António Guterres appointed Bloomberg as UN envoy for climate action
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Rejoined the Democratic Party, after which he ran an unsuccessful campaign for the 2020 Democratic nomination for president of the United States
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Bloomberg contributed a further gift of $1
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Bloomberg joined Ray Dalio in announcing a commitment of $185 million towards protecting the oceans
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Reported net worth: $47.1B (as of 2017).
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It was reported that Bloomberg was again considering a presidential run, as an independent candidate in the 2016 election, if Bernie Sanders got the Democratic party nomination
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Bloomberg Philanthropies contributed $300 million to establish the Bloomberg American Health Initiative
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Bloomberg joined Vice President Joe Biden for the institute's formal launch, embracing Biden's "Cancer Moonshot" initiative, which seeks to find a cure for cancer through national coordination of government and private s
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Which is committed to increasing the number of lower-income high-achieving students attending elite colleges
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The Museum of Science, Boston, announced a $50 million gift from Bloomberg
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Bloomberg gave Harvard $32 million to create the Bloomberg Harvard City Leadership Initiative within Harvard Kennedy School's Ash Center for Democratic Governance and Innovation; the initiative provides training to mayor
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Bloomberg and Paris mayor Anne Hidalgo created the Climate Summit for Local Leaders
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Bloomberg announced an additional $30 million contribution to the Beyond Coal initiative, matched with another $30 million by other donors, to help secure the retirement of half of America's fleet of coal plants by 2017
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Bloomberg donated $100 million to Cornell Tech, the applied sciences graduate school of Cornell University on the school's Roosevelt Island campus
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Awarded honorary doctor of Harvard University (2014).
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Awarded Honorary Knight Commander of the Order of the British Empire (2014).
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Awarded Genesis Prize (2014).
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De Blasio became New York City's new mayor, succeeding Bloomberg
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United Nations Secretary General Ban Ki-moon appointed Bloomberg as his first Special Envoy for Cities and Climate Change to help the United Nations work with cities to prevent climate change
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Bloomberg announced that he would not endorse any of the candidates to succeed him
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Bloomberg announced the Mayors Challenge competition to drive innovation in American cities
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Bloomberg and Bloomberg Philanthropies launched the Risky Business initiative with former Treasury Secretary Hank Paulson and hedge-fund billionaire Tom Steyer
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Campaign: 2013 election.
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Bloomberg committed $350 million to Johns Hopkins, five-sevenths of which were allocated to the Bloomberg Distinguished Professorships
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Endorsed Hillary Clinton in the 2016 election, and spoke at the 2016 Democratic National Convention
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Awarded Horatio Alger Award (2011).
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Awarded honorary doctor of George Washington University (2011).
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Recipients included the Campaign for Tobacco-Free Kids; Centers for Disease Control and Prevention; Johns Hopkins Bloomberg School of Public Health; World Lung Foundation and the World Health Organization
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Bloomberg launched the NYC Young Men's Initiative, a $127 million initiative to support programs and policies designed to address disparities between young Black and Latino men and their peers, and personally donated $30
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Awarded Henry A. Kissinger Prize (2010).
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Bloomberg supported the then-controversial Islamic complex near Ground Zero
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Career landmark: chairperson (2010–2013).
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Awarded Lasker-Bloomberg Public Service Award (2009).
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Awarded honorary doctor of Fordham University (2009).
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Won Carnegie Medal of Philanthropy (2009).
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“s term limits law, and run for a third mayoral term in 2009. Bloomberg said,”
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To almost 1,400 nonprofit organizations, saying, "I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker
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Campaign: 2009 election.
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Bloomberg gave $254 million in 2009 to almost 1,400 nonprofit organizations, saying, "I am a big believer in giving it all away and have always said that the best financial planning ends with bouncing the check to the undertaker."
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The city council voted 29–22 in favor of extending the term limit to three consecutive four-year terms
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Bloomberg announced he would seek to extend the city's term limits law, and run for a third mayoral term in 2009
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Won Richard A. Cook Gold Medal (2008).
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And 2012, as well as for governor of New York in 2010 or vice-president in 2008
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Did not make a presidential election endorsement, but he voted for Obama, according to a 2020 statement by "Stu Loeser, a Bloomberg [2020] campaign spokesman"
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And registered again as a Democrat in October 2018
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New York City became the first city in the United States to ban trans-fat from all restaurants
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Election won: 2005 election.
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Campaign: 2005 election.
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Implemented a successful smoking ban in all indoor workplaces, including bars and restaurants, and many other cities and states followed suit
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Career landmark: Mayor of New York City (2002–2013).
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Campaign: 2001 election.
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New York's Republican mayor Rudy Giuliani, was ineligible for re-election due to the city's limit of two consecutive terms
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Bloomberg endowed the William Henry Bloomberg Professorship at Harvard University with a $3 million gift in honor of his father, who died in 1963, saying: "Throughout his life, he recognized the importance of reaching ou
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And spent over 4 million dollars of his own money to limit the maximum years a mayor could serve to eight years, sided with Bloomberg and agreed to stay out of future legality issues
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Bloomberg divorced Brown in 1993, but he has said she remains his "best friend".
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IMS renamed itself Bloomberg L
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And subsequently became the first individual to exceed $1 billion in lifetime donations to a single U
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And the new management fired Bloomberg, paying him $10 million for his equity in the firm
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Studied at Harvard Business School, Master of Business Administration (1966).
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Bloomberg was hired for a job earning $9,000 per year at Salomon Brothers, a large Wall Street investment bank
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Graduated from Harvard Business School with a Master of Business Administration (MBA) degree
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Studied at Johns Hopkins University, Bachelor of Science (1964).
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With a Bachelor of Science in Engineering degree in electrical engineering
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Born 1942-02-14.
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