Michael Bloomberg

Michael Bloomberg is an American businessman and politician who served as New York City's 108th mayor. He has an estimated net worth of ~$55.5B and is identified as being from New York's finance, media, and politics sectors. Wikidata

Business & SEC Activity

Bloomberg co-founded Bloomberg L.P. and is its majority owner. The company sells financial data and analytics, chiefly through the Bloomberg Terminal used by banks and investors, and operates Bloomberg News. Wikidata

Philanthropy

Bloomberg has given more than $21B over his lifetime and gave $3.7B in 2024, according to the Chronicle of Philanthropy and CNBC. CNBC / Chronicle of Philanthropy His two listed foundations reported combined assets of about $11.8B and $1.42B in grants paid for tax year 2023; the Bloomberg Family Foundation accounted for nearly all of those grants. ProPublica 990 He signed the Giving Pledge, and a 2026 report said he gave Johns Hopkins University $1B to expand financial aid and make medical school tuition-free for many students. RTB NewsAPI

Political Activity

The available FEC data represents at least 100 federal contributions, limited to the most recent 100 records rather than Bloomberg's full history. In that sample, contributions totaled $25,060,798.90, with $25,004,124.51 classified as PAC/Other, $56,400 as Democratic, and $274.39 as Republican; the largest listed recipients were HMP at $13M and ONE GIANT LEAP PAC at $5M. FEC

In the News

Recent headlines included a report that Bloomberg gave $1.25M to a Missouri abortion-rights campaign and an opinion column calling for the Jones Act to end after the Iran war. NewsAPI NewsAPI