Michael Bloomberg Net Worth 2024: Career Highlights & Philanthropy

– Estimated at $106.2 Billion – Ranked #12 on the 2024 Forbes Billionaires List – One of the wealthiest individuals in the U.S.

– Born in Boston on Feb 14, 1942 – Grew up in Medford, Massachusetts – Graduated from Johns Hopkins University and Harvard Business School

– Founded Bloomberg LP in 1981 – Owns 88% of the company, generating billions annually – CEO and Chairman of Bloomberg LP

– Served as Mayor of New York City for three terms (2002-2013) – Known for socially liberal and fiscally moderate policies – Ran for the 2020 U.S. Democratic Presidential nomination

– Rebuilt urban infrastructure and led environmental initiatives – Supported gun control and established public charter schools – Led health and safety improvements in NYC

– Donated over $17 Billion to various causes – Named America’s top philanthropist by Chronicles of Philanthropy – Supported causes like Tobacco-Free Kids and World Health Organization

– Led major initiatives through Bloomberg Philanthropies – $75M fund for NYC nonprofits, $6M donation to World Central Kitchen – Partnered with Johns Hopkins for COVID-19 contact tracing

– 2024 Presidential Medal of Freedom – Recognized for top philanthropic contributions and social impact