What You Need to Know About Billionaire Mike Bloomberg

Everyone is speculating how much Mike Bloomberg is worth. He is rich. Not just rich. He is a billionaire and one of the richest in the world.

On February 19, he will get on the debate stage in Las Vegas, Nevada for the polls. He spent a considerable amount of money on advertising.

Some of the primary candidates are trying to make his fortune an issue. As per Senator Elizabeth Warren’s tweet, “But at least now primary voters curious about how each candidate will take on Donald Trump can get a live demonstration of how we each take on an egomaniac billionaire.”

Now to answer Michael Bloomberg’s worth, he is $64,2 billion as per Forbes. In 2019, this 78-year-old man ranked as the 9th most precious person in the whole world.

For those who are not so familiar with this mogul, here are some facts you should know.

1) He has built his fortune from his media company Bloomberg LP. He started it in 1981 and owned a whopping 88% of the company. Its revenues are an estimated $10.

He made an MBA from Harvard and started his job at Salomon Brothers. Probably a fortunate thing that he was fired in 1981 as he was able to create his own company.

2) He put in millions of dollars to charities and other political causes.

While he was the mayor of New York, he founded in some cases such as Climate Change, putting his money as much as $500 million. The gun control which he financed $50 million and a lot more.

3) His daughter is an equestrienne. She participates in competitions, and this kind of hobby is undoubtedly for the wealthy only.

Georgina is considered as an elite equestrienne. When she was interviewed, she mentioned that having the Bloomberg family name sucks, and she is scared that people think her success is because of her father’s fortune.

However, she understood in the long run, “I’ve come to have a lot more respect for my parents and my last name and everything that my father has done and how hard he worked to provide a great life for us. It’s the last name that now I’m proud of.”

According to her website: “Georgina Bloomberg is an accomplished professional showjumper based in New York City, N.Y., North Salem, N.Y., and Wellington, Fla. Bloomberg represented the United States Equestrian Team at the 2015 Pan American Games in Toronto, Canada, where she earned a Team Bronze medal.”

4) Bloomberg is generous to her previous partners. According to a media, he even helper her ex-wife Susan Brown get a $500,000 bridge load for an apartment.

She also just sold her penthouse for $11 million. He also gave his former partner, Mary Jane Salk, a trust fund worth $500,000 and a condominium at Park Avenue that he bout for almost $4 million in 2000.

5) Mike Bloomberg was raised from a middle-class family and worked his way through his fortune. His father was a bookkeeper at a dairy shop and had not earned more than $6,000 in his life.

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