Michael R. Bloomberg is the 108th Mayor of the City of New York. He attended Johns Hopkins University and went on to receive an MBA from Harvard Business School.
In 1966, he was hired by Salomon Brothers to work on Wall Street. He quickly rose through the ranks at Salomon, where he eventually oversaw the trading firm's information systems. In 1981, Salomon was acquired, and he was squeezed out by the merger. He began a small start-up company called Bloomberg LP in 1981. Today, Bloomberg LP has over 250,000 subscribers to its financial news and information service. Headquartered in New York City, the company has 9,500 employees in more than 130 cities worldwide.
As his company grew, Bloomberg started directing more of his attention to philanthropy, donating his time and resources to many different causes. He has sat on the boards of numerous charitable, cultural, and educational institutions, including Johns Hopkins University, where, as Chairman of the Board, he helped build the Bloomberg School of Public Health into one of the world's leading institutions of public health research and training.
Already deeply involved in civic affairs, he officially entered public life in 2001, when he entered the race for Mayor of the City of New York. His election came just two months after the tragic attacks of 9/11, at a time when many believed that crime would return, businesses would flee, and New York might never recover. Instead, under Mayor Bloomberg’s forward-looking leadership and with his determination to build on the spirit of unity that defined the city after the attacks, New York rebounded faster and stronger than anyone expected.
In 2005, Mayor Bloomberg was re-elected by a diverse coalition of support that stretched across the political spectrum. In his second term, while balancing the budget and driving unemployment to a record low, Mayor Bloomberg has taken on a number of new challenges. He launched an innovative program to combat poverty that encourages work and makes work pay. He’s undertaken a far-reaching campaign to fight global warming and prepare New York for an estimated million more residents by 2030. And as co-founder of a bipartisan coalition of more than 200 mayors from every region of the country, Mayor Bloomberg is working to keep illegal guns out of the hands of criminals and off city streets.