Michael Rubens Bloomberg born February 14, is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L. He began his career at the securities brokerage firm Salomon Brothers before forming his own company in That company, Bloomberg L. Bloomberg spent the next twenty years as its chairman and CEO. Bloomberg was elected the th mayor of New York City in He held office for three consecutive terms, winning re-election in and Pursuing socially liberal and fiscally moderate policies , Bloomberg developed a technocratic managerial style.
As the mayor of New York, Bloomberg established public charter schools , rebuilt urban infrastructure, and supported gun control , public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks.
Bloomberg is considered to have had far-reaching influence on the politics , business sector , and culture of New York City during his three terms as mayor. He has also faced significant criticism for the city's stop and frisk program, support for which he reversed with an apology before his presidential run. In November , four months before Super Tuesday, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the election.
He ended his campaign in March , after having won only 61 delegates. Bloomberg was born on February 14, , at St. The family lived in Allston until Bloomberg was two years old, followed by Brookline, Massachusetts , for two years, finally settling in the Boston suburb of Medford, Massachusetts , where he lived until after he graduated from college.
Bloomberg became an Eagle Scout when he was twelve years old. While there, he constructed the blue jay costume for the university's mascot. Using the money he received from Phibro, Bloombergβhaving designed in-house computerized financial systems for Salomonβset up a data services company named Innovative Market Systems IMS [ 43 ] based on his belief that Wall Street would pay a premium for high-quality business information, delivered instantaneously on computer terminals in a variety of usable formats.
