Micheal Rubens Bloomberg was born on February 14th, 1942 in Boston, Massachusetts. A pioneer in financial services with Bloomberg L.P. – a global economic data and media company, revolutionising the industry with its innovation in Bloomberg Terminal. He is a successful entrepreneur who made a fortune for himself and became one of the world’s wealthiest individuals. Bloomberg is a businessman who served three times as Mayor of New York City, introducing public health and educational reforms. His philanthropic efforts have donated billions to the cause of climate change, education and public health.
Michael Bloomberg Net Worth
Michael Bloomberg is the founder of Bloomberg L.P and his net worth is $106.2 billion. Michael Bloomberg founded Bloomberg L.P. in the year 1981 and this is a company is the major contributor to his net worth. He ranks as one of the world’s wealthiest individuals. Bloomberg is a philanthropist who addresses global issues from gun safety to climate change. He has made significant donations and uses his wealth in the best way possible to give back to the world.
Michael Bloomberg’s real estate & its worth
He has made noteworthy real estate investments that mark his wealth and lifestyle. He has plush properties in the US and abroad, along with his primary residence in New York City. He also has various homes in Vail, Colorado, Wellington, Florida and Bermuda.
Property Name | Year of Purchase | Price of Purchase | Current Valuation |
---|---|---|---|
Beaux-Arts Mansion | 1986 | $3.5 million | $50 million |
Trump Condo | 2000 | $3.8 million | $10 million |
Beaux-Arts Mansion (Philanthropic) | 2006 | $45 million | $70 million |
Ballyshear Estate | 2011 | $20 million | $30 million |
London Mansion | 2015 | $25 million | $40 million |
Michael Bloomberg Car Collection
Michael Bloomberg’s car collection is extravagant and practical. Each vehicle in his collection showcases his love for quality and performance, matching his illustrious career and affluent lifestyle.
Vehicle | Price |
---|---|
Cadillac Escalade | $82,690 |
Tesla Model S | $69,900 |
Audi R8 V10 Coupe | $151,200 |
Mercedes-Maybach S680 | $230,050 |
Michael Bloomberg Investment
Mike Bloomberg, is a billionaire with a diverse investment portfolio spread across sectors, from oil and gas to retail and consumer finance. He also has investments in sectors like consumer banking and life insurance.
Investment | Description |
---|---|
Sycamore Partners | $136 million invested |
White Star Petroleum | Partially owned by Bloomberg’s family before bankruptcy |
Metro Bank | 2.7% stake owned |
FGL Holdings | 4.4 million owned in shared |
Geotech Oil Services | A Cyprus-based oil services |
- Various Hedge Funds and Offshore Funds: International Funds
- Willett Advisors: Philanthropic wealth
- Corporate Entities: Conceal investment