Michael Bloomberg. All about New York billionaire Mike Bloomberg. Mayor Bloomberg biography, pictures, success story, run for president and more.
Mike Bloomberg Networth
Worth 16 billion, billionaire Mike Bloomberg is currently the 8th richest American and the richest resident of New York City. He owns 88% of financial software services firm Bloomberg L.P.
Mayor Bloomberg recently successfully campaigned to extend term limits for elected officials to three consecutive terms; this allows Bloomberg to run for a third term.
Bloomberg for President
Bloomberg has switched his party affiliations over the years. Though a lifelong Democrat, he switched to become a Republican in 2001 and ran for mayor as a Republican. Due in part to his wealth, there has been speculation that Bloomberg may run for President as an independent.
The Bloomberg terminal, now a staple at investment banks, hedge funds, private equity firms and other financial firms, has been Michael Bloomberg’s significant source of income.