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2024-02-09 22:27:47

Michael Bloomberg

Businessman, former Mayor of New York City, presidential candidate
Businessman, former Mayor of New York City, presidential candidate
Michael Bloomberg, born in 1942, is a businessman, politician, and philanthropist. He co-founded Bloomberg L.P. and served as NYC mayor. With a net worth of $106.2 billion, he is known for his philanthropic contributions and political endeavors.
1942-02-14
Michael Bloomberg's Birth
Michael Bloomberg, an American businessman, politician, philanthropist, and author, was born on February 14, 1942.
1942-02-14
Birth of Michael Bloomberg
Michael Bloomberg, also known as Michael Rubens Bloomberg, was born on February 14, 1942, in Medford, Massachusetts, U.S. He later became a prominent figure in American politics and business.
1954
Michael Bloomberg becomes an Eagle Scout
In 1954, at the age of 12, Michael Bloomberg became one of the youngest Eagle Scouts in history. This achievement showcased his drive to succeed and passion for service from a young age.
1964
Michael Bloomberg graduates from Johns Hopkins University
Michael Bloomberg completed his Bachelor of Science in electrical engineering from Johns Hopkins University in 1964, marking an important milestone in his academic journey.
1966
Michael Bloomberg obtains MBA from Harvard Business School
In 1966, Michael Bloomberg earned his Master of Business Administration (MBA) from Harvard Business School, enhancing his business acumen and paving the way for his future success.
1981-01-01
Michael Bloomberg becomes CEO of Bloomberg L.P.
Michael Bloomberg becomes the CEO of Bloomberg L.P. in 1981, leading the company for two separate periods from 1981 to 2001 and again from 2014 to 2023.
1982-12
Release of Market Master terminal by Innovative Market Systems
In December 1982, Innovative Market Systems (IMS) released the Market Master terminal, which was designed by Michael Bloomberg to deliver real-time market data and financial analytics to Wall Street firms.
1984
Investment from Merrill Lynch
In 1984, Merrill Lynch invested $30 million in Bloomberg LP. This investment helped the company further develop the Bloomberg Terminal system for tracking financial market information.
1986
Renaming to Bloomberg LP
In 1986, Innovative Market Solutions (IMS) was renamed Bloomberg LP. By 1991, the company had installed 10,000 terminals on finance professionals' desks, marking a significant growth in the financial services industry.
1987
Foundation of Bloomberg L. P.
In 1987, Michael Bloomberg founded his own company named Market Systems, which later evolved into the highly successful financial data and media company known as Bloomberg L. P.
1991
Expansion of Bloomberg Terminals
By 1991, Bloomberg LP had installed 10,000 terminals on finance professionals' desks. This marked a significant milestone in the company's growth and adoption of its financial information services.
1994
Establishment of Bloomberg Television
Bloomberg Television, a 24-hour cable news network, was founded in 1994. Initially available on DirecTV, it later expanded to cable television. The network is known for its extensive live programming.
1996-01-01
Chairman of the Board of Trustees at Johns Hopkins University
From 1996 to 2001, Michael Bloomberg served as the chairman of the board of trustees at Johns Hopkins University. The university's School of Hygiene and Public Health was later renamed the Bloomberg School of Public Health in recognition of his support.
1997
Autobiography 'Bloomberg by Bloomberg'
Michael Bloomberg, along with Matthew Winkler, wrote an autobiography titled 'Bloomberg by Bloomberg' published in 1997.
2001-09-11
2001 New York City Mayoral Election
In the wake of the September 11 attacks, the primary election for the New York City mayoral race was postponed. Michael Bloomberg, a former lifelong Democrat, ran for mayor on the Republican ticket and defeated Herman Badillo to become the Republican nominee.
2002-01-01
Michael Bloomberg becomes Mayor of New York City
Michael Bloomberg became the Mayor of New York City in 2002.
2002-01-01
Michael Bloomberg becomes Mayor of New York City
Michael Bloomberg serves as the mayor of New York City for three terms from 2002 to 2013, making significant contributions to the city's governance and development.
2003-09-17
Executive Order 41 on Immigration Status
Bloomberg issued Executive Order 41 in 2003, directing city employees not to inquire about or disclose information regarding immigration status unless mandated by law or organizational mission.
2004
Property Tax Rebate Creation
In 2004, the Bloomberg administration created a $400 property tax rebate for homeowners to offset the cost of a property tax increase passed in 2002, which helped balance the budget of New York City.
2005-11
2005 New York City Mayoral Election
Michael Bloomberg was re-elected as the mayor of New York City with the widest margin ever for a Republican mayor. He defeated Democratic nominee Fernando Ferrer and faced criticism for his campaign spending and tactics.
2006-12-05
New York City bans trans-fat from restaurants
On December 5, 2006, New York City became the first city in the United States to ban trans-fat from all restaurants, a significant public health initiative implemented during Bloomberg's tenure as mayor.
2007-01
Property Tax Cuts Proposal
In January 2007, Bloomberg proposed cuts in property taxes by five percent and cuts in sales taxes, including the elimination of taxes on clothing and footwear, citing the city's booming economy as evidence to handle a tax break.
2007-03
Bloomberg opposes legislation for troop withdrawal timetable
During a news conference in Staten Island, Michael Bloomberg strongly opposed proposed legislation in Congress that called for a clear timetable for troop withdrawal from Iraq. He argued that such a deadline would be irresponsible and against the country's and military's interests.
2008-10-23
City Council vote on term limits extension
The City Council voted 29–22 in favor of extending the term limit to three consecutive four-year terms, allowing Bloomberg to run for office again.
2008-11-03
Bloomberg signs term limits extension into law
After two days of public hearings, Bloomberg signed the bill into law, allowing him to run for a third term as mayor.
2009-03
Forbes reports Bloomberg's wealth at $16 billion
In March 2009, Forbes reported Michael Bloomberg's wealth at $16 billion, marking a substantial increase in his net worth and ranking him among the world's billionaires.
2009-11
Michael Bloomberg Reelected as Mayor of New York City
In November 2009, Michael Bloomberg was reelected for a third term as the mayor of New York City. His tenure was marked by various initiatives and controversies, including public health campaigns and debates over policing practices.
2010-05-27
Commencement Speech at Johns Hopkins University
On May 27, 2010, Michael Bloomberg delivered the commencement speech at his alma mater, Johns Hopkins University.
2011-07
Donation to Sierra Club's Beyond Coal campaign
In July 2011, Bloomberg Philanthropies donated $50 million to Sierra Club's Beyond Coal campaign, expanding efforts to shut down coal-fired power plants in the United States.
2012-11
Hurricane Sandy Endorsement
After Hurricane Sandy, Michael Bloomberg endorsed Barack Obama for president due to Obama's policies on climate change.
2013-02-14
Bloomberg Calls for Styrofoam Ban
On February 14, 2013, Bloomberg called for a ban on Styrofoam food packaging and advocated for increased recycling of plastics and food waste.
2013-02-21
Bloomberg Supports Eco-Friendly Food Truck
Bloomberg supported an eco-friendly food truck initiative, endorsing Neapolitan Express, a company that claimed to emit 75% less greenhouse gases than traditional gas or diesel trucks.
2013-09-13
2013 New York City Mayoral Election
Michael Bloomberg decided not to endorse any candidate to succeed him as mayor. He praised The New York Times' endorsements and criticized Bill de Blasio's campaign methods. De Blasio eventually succeeded Bloomberg as mayor.
2014-01
Voters' Perception of Bloomberg's Tenure
In a January 2014 Quinnipiac poll, 64% of voters considered Bloomberg's 12 years as mayor to be mainly a success.
2015-09
Largest Round of Layoffs at Bloomberg Television
In September 2015, Bloomberg Television underwent its largest-ever round of layoffs, leading to the resignation of several producers. The network's radio station is available in five markets across the United States.
2016-01-23
Bloomberg considering presidential run
On January 23, 2016, Bloomberg confirmed he was considering a presidential run as an independent candidate if Bernie Sanders got the Democratic party nomination. His supporters believed he could appeal to dissatisfied voters.
2017-07
Establishment of Europe Beyond Coal
In July 2017, Europe Beyond Coal was established with the goal of phasing out coal usage on the continent by 2030.
2018-01-01
Donation to Johns Hopkins University for Need-Blind Admissions
In 2018, Michael Bloomberg donated $1.8 billion to Johns Hopkins University to ensure need-blind admissions for all students. This was the largest gift in the history of American higher education.
2018-10-10
Bloomberg rejoins Democratic party
On October 10, 2018, Bloomberg announced that he had returned to the Democratic party.
2019-11-24
Bloomberg launches 2020 presidential campaign
On November 24, 2019, Bloomberg officially launched his campaign for the 2020 Democratic nomination, self-funding it and skipping the first four state primaries.
2020-01-01
Efforts to Fight Coronavirus Pandemic
In 2020, Michael Bloomberg launched initiatives to combat the coronavirus pandemic by committing $40 million to help low- and middle-income countries prevent the spread of the disease. His contributions aimed to support global efforts in fighting the pandemic.
2020-03-04
Bloomberg suspends 2020 presidential campaign
On March 4, 2020, Bloomberg suspended his 2020 presidential campaign after a disappointing Super Tuesday and endorsed Joe Biden.
2020-11-24
Entry into 2020 Presidential Campaign
On November 24, 2019, Michael Bloomberg officially entered the race for the 2020 presidential campaign. He emphasized the importance of defeating Donald Trump and rebuilding America, positioning himself as a problem solver.
2021
Bloomberg Philanthropies and Johns Hopkins University announce Vivien Thomas Scholars Initiative
Bloomberg Philanthropies and Johns Hopkins University introduce the Vivien Thomas Scholars Initiative, a $150 million project to address the underrepresentation in STEM fields by providing opportunities and funding for students from Historically Black Colleges and Universities and Minority Serving Institutions to pursue PhDs at Johns Hopkins.
2022-02
Bloomberg nominated to chair Defense Innovation Board
In February 2022, Bloomberg was nominated to chair the Defense Innovation Board, eventually being sworn in on June 22, 2022.
2022-09
Launch of Beyond Petrochemicals campaign
In September 2022, Bloomberg launched the Beyond Petrochemicals campaign to combat the rapid growth of U.S. petrochemicals and plastic pollution.
2023-10-19
Matching donations to Israeli Red Cross
By October 19, 2023, Bloomberg had matched $25 million in donations to the Israeli Red Cross, known as Magen David Adom, following the Hamas attack on Israel.
2024-01
Bloomberg involved in purchasing the Baltimore Orioles
In January 2024, a deal led by David Rubenstein, including Michael Bloomberg, was reached to purchase the Baltimore Orioles baseball team for $1.725 billion.
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Michael Bloomberg

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Michael Bloomberg

Businessman, former Mayor of New York City, presidential candidate
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