ss_blog_claim=a269636d7e1dddbc1e13f97cea83418css_blog_claim=a269636d7e1dddbc1e13f97cea83418c
Billion Dollar Income

Bloomberg Terminal

Download the FREE Guide to the Top Sources of Passive Income

Bloomberg LP

Bloomberg Terminal - this is the major source of revenue for Bloomberg LP, which according to Forbes has a 35% cash flow margin. Bloomberg leases these terminals to subscribers around the world.

Bloomberg has more than 10,000 employees around the world, but remains a closely held Delaware Limited Partnership.

Bloomberg also operates an international Bloomberg news service that is available on radio, television, the Internet and in print. Bloomberg offers many extremely useful financial tools, such as its Bloomberg Mortgage Calculator.

Bloomberg CEO

Michael Bloomberg has remained CEO of Bloomberg until 2001, when he relinquished his position to Lex Fenwick in order to run for mayorship of New York. Nonetheless, Bloomberg retains 92% ownership of Bloomberg.

Bloomberg and Merrill Lynch

Merrill Lynch used to own 20% of Bloomberg with its $30 million investment in the early stages of the company. Merrill was the first customer and investor in Bloomberg. Merrill bought Bloomberg's first terminals and made with an approximate investment of $30 million for 20 percent of Bloomberg.

In 2008, Merrill sold its 20% stake back to Bloomberg for $4.43 billion. This represents a 14700% non inflation-adjusted return for Merrill over 27 years. ***C2_invitation_21464505***

Free Billion Dollar Income Newsletter

Sign up for the free Billion Dollar Newsletter. Filled with ideas and strategies on generating wealth, personal effectiveness, how to apply the law of attraction, how to make money online and more, this newsletter is a powerful way to start your week.

Your email address will be kept confidential. Easily unsubscribe at any time.

Sign up right here:

Email
Full Name
Feel free to link to this page to share the information here
ADD TO YOUR SOCIAL BOOKMARKS: add to BlinkBlink add to Del.icio.usDel.icio.us add to DiggDigg
add to FurlFurl add to GoogleGoogle add to SimpySimpy add to SpurlSpurl Bookmark at TechnoratiTechnorati add to YahooY! MyWeb

Return from BB Terminal to List of Billionaires

Return from Bloomberg Terminal to Financial Freedom and Passive Income Success Guide

Subscribe to this site for free, and get a Free Guide to the Best Sources of Passive Income

Email

Name


Special Offer

Purchase a text-link ad on this site (Alexa rank in top 0.5% of all sites) for only $9.99 a month - Advertising Options at Billion Dollar Income


BillionDollarIncome.com
Google
           
     

Copyright © 2008-2010 Billion Dollar Income.

By accessing and using this page, you agree to our Disclaimer, Privacy Policy and Terms of Use.