hi I’m Mike Bloomberg mayor of New York
City or as we humbly call it the
greatest city on the face of the earth
he is the richest politician in America
welcome to watchmojo.com and today we’ll
be learning more about the life and
accomplishments of Michael Bloomberg I
saw a thing today where and it’s
probably embarrassing
you’re like the 10th wealthiest person
in the world that’s not embarrassing
Michael Reubens Bloomberg was born
February 14th 1942 in Boston
Massachusetts he grew up in a
middle-class family and put himself
through school by working as a parking
lot attendant Bloomberg always had a
passion for technology and in 1964 he
graduated from Johns Hopkins University
with a degree in electrical engineering
he then earned an MBA from Harvard
Business School before taking an
entry-level job with Salomon Brothers on
Wall Street by 1972 Bloomberg made
partner
he began overseeing equity trading sales
and eventually information systems in
1981 Salomon Brothers was acquired and
Bloomberg was fired from the firm with
his ten million dollar severance he
launched a startup company to quickly
and efficiently provide vital data to
Wall Street Bloomberg LP started as
innovative market systems in 1981 and
used emerging technologies to simplify
the buying and selling of financial
securities in 1982 Merrill Lynch
invested thirty million dollars in the
company and began using the system
Bloomberg LP continued growing and
unveiled a variety of subsidiary
products and services over the next
years including Bloomberg news wire in
1990 the Bloomberg News division
launched by that point Michael Bloomberg
was already one of the richest men in
the world
he then focused much of his time and
wealth on philanthropic efforts with the
arts medical research and education
taking precedence his next conquest was
public office despite the fact Bloomberg
was a lifelong Democrat in 2001 he
changed his affiliation and
ran as a Republican for mayor of New
York City as New York suffered
financially in the wake of the September
11th attacks
Bloomberg promoted himself as a
candidate with the business experience
necessary to lead the city through the
crisis
he spent record amounts of personal
funds on the campaign to the tune of 74
million dollars that gamble paid off
when he was elected the 108 mayor of New
York on November 6th 2001 as Mayor
Bloomberg refuses salary and was paid $1
per year for his work politically he was
a social liberal Republican Party stands
for personal liberty and freedom I see
marriage equality is entirely consistent
with that and more and more of the party
supporters and activists see it that way
as well
Bloomberg was pro-choice and supported
the legalization of same-sex marriage as
well as stricter gun laws however he was
considered fiscally conservative during
his first term one issue he concentrated
on was public education early in his
term he struggled to earn public support
but as his term progressed he gained and
preserved high approval ratings in 2005
Bloomberg was re-elected by a wide
margin
throughout his second term he made a
concerted effort to fight poverty and
create jobs during his mayoralty he also
implemented a widespread smoking ban and
helped fight climate change crime rates
dropped during his tenure while high
school graduation numbers grew he was
even known to commute to work via subway
after the credit crisis hit in 2008
Bloomberg announced his intention to
alter the law that limited New York City
mayor’s to two consecutive terms he
reasserted his business experience as an
asset to the city in a tough financial
time the law was successfully changed
from two to three four-year terms and on
November 3rd 2009 he was elected mayor
again this time as an independent
candidate throughout his political
career rumors circulated that Bloomberg
would seek a higher office in 2007 it
was suspected he would make a run for
governor of New York and later it was
assumed he would run for president with
a booming financial services and media
empire a successful political career
and a net worth of over 18 billion
dollars Michael Bloomberg has proved
himself as a sharp politician and an
even sharper businessman
if you think you’ve seen progress over
the past eight years I Got News for you
you ain’t seen nothing yet
City or as we humbly call it the
greatest city on the face of the earth
he is the richest politician in America
welcome to watchmojo.com and today we’ll
be learning more about the life and
accomplishments of Michael Bloomberg I
saw a thing today where and it’s
probably embarrassing
you’re like the 10th wealthiest person
in the world that’s not embarrassing
Michael Reubens Bloomberg was born
February 14th 1942 in Boston
Massachusetts he grew up in a
middle-class family and put himself
through school by working as a parking
lot attendant Bloomberg always had a
passion for technology and in 1964 he
graduated from Johns Hopkins University
with a degree in electrical engineering
he then earned an MBA from Harvard
Business School before taking an
entry-level job with Salomon Brothers on
Wall Street by 1972 Bloomberg made
partner
he began overseeing equity trading sales
and eventually information systems in
1981 Salomon Brothers was acquired and
Bloomberg was fired from the firm with
his ten million dollar severance he
launched a startup company to quickly
and efficiently provide vital data to
Wall Street Bloomberg LP started as
innovative market systems in 1981 and
used emerging technologies to simplify
the buying and selling of financial
securities in 1982 Merrill Lynch
invested thirty million dollars in the
company and began using the system
Bloomberg LP continued growing and
unveiled a variety of subsidiary
products and services over the next
years including Bloomberg news wire in
1990 the Bloomberg News division
launched by that point Michael Bloomberg
was already one of the richest men in
the world
he then focused much of his time and
wealth on philanthropic efforts with the
arts medical research and education
taking precedence his next conquest was
public office despite the fact Bloomberg
was a lifelong Democrat in 2001 he
changed his affiliation and
ran as a Republican for mayor of New
York City as New York suffered
financially in the wake of the September
11th attacks
Bloomberg promoted himself as a
candidate with the business experience
necessary to lead the city through the
crisis
he spent record amounts of personal
funds on the campaign to the tune of 74
million dollars that gamble paid off
when he was elected the 108 mayor of New
York on November 6th 2001 as Mayor
Bloomberg refuses salary and was paid $1
per year for his work politically he was
a social liberal Republican Party stands
for personal liberty and freedom I see
marriage equality is entirely consistent
with that and more and more of the party
supporters and activists see it that way
as well
Bloomberg was pro-choice and supported
the legalization of same-sex marriage as
well as stricter gun laws however he was
considered fiscally conservative during
his first term one issue he concentrated
on was public education early in his
term he struggled to earn public support
but as his term progressed he gained and
preserved high approval ratings in 2005
Bloomberg was re-elected by a wide
margin
throughout his second term he made a
concerted effort to fight poverty and
create jobs during his mayoralty he also
implemented a widespread smoking ban and
helped fight climate change crime rates
dropped during his tenure while high
school graduation numbers grew he was
even known to commute to work via subway
after the credit crisis hit in 2008
Bloomberg announced his intention to
alter the law that limited New York City
mayor’s to two consecutive terms he
reasserted his business experience as an
asset to the city in a tough financial
time the law was successfully changed
from two to three four-year terms and on
November 3rd 2009 he was elected mayor
again this time as an independent
candidate throughout his political
career rumors circulated that Bloomberg
would seek a higher office in 2007 it
was suspected he would make a run for
governor of New York and later it was
assumed he would run for president with
a booming financial services and media
empire a successful political career
and a net worth of over 18 billion
dollars Michael Bloomberg has proved
himself as a sharp politician and an
even sharper businessman
if you think you’ve seen progress over
the past eight years I Got News for you
you ain’t seen nothing yet
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