Entrepreneur

Mike is the founder and owner of Bloomberg LP, the world’s leading financial news and information company. Headquartered in New York City, Bloomberg LP has more than 315,000 subscribers and 15,000 employees in over 192 locations around the world.

Mike began his career in business at an early age. After graduating from Johns Hopkins University with a degree in engineering, Mike went on to receive an MBA from Harvard Business School. In 1966, at the age of twenty-four, he moved to New York City to take a job with Salomon Brothers, an investment bank. Mike quickly rose through the ranks at Salomon, where he eventually oversaw the trading firm's information systems. In 1981, Salomon was acquired by another company, and Mike was squeezed out by the merger. He used that opportunity to start Bloomberg LP - and never looked back, turning his vision of a financial news and information company that would use emerging technology to bring transparency and efficiency to Wall Street's trading firms.

The Bloomberg Professional service provides critical information to financial and business professionals that result in decisions affecting billions of dollars each day. This service, more commonly known as “the Bloomberg Terminal” offers subscribers sophisticated trading tools, portfolio analytics, complex commodities pricing and data, real time market coverage, debt and credit market investment analytical tools, legal, regulatory and compliance platforms, pharmaceutical and biotech search engines, valuation tools for listed derivative, over-the-counter derivative, and structured note markets, and a host of other information critical to the daily operations and decisions that drive the global financial services industry.

Bloomberg News is one of the world's largest and most trusted information sources. The news division includes Bloomberg TV - the only worldwide 24-hour business and financial television network; Bloomberg Radio; a number of print outlets including Bloomberg Markets and Bloomberg Business Week; and Bloomberg.com. Started in 1990, its newswire operation provides content for newspapers, websites and other outlets around the world. With a mission of clarity, transparency, empowerment and innovation, Bloomberg LP is widely considered to be one of the world’s most pioneering companies, from its bullpen style seating for all employees, including the CEO, to its belief in the importance of investing in and supporting its employees. The incredible success of Bloomberg LP has allowed Mike to become one of the world’s leading philanthropists. In addition to Mike’s personal philanthropy, Bloomberg LP conducts its own extensive philanthropic program, supporting education and literacy programs, health and medical research, and environmental, arts and cultural programs around the world. Bloomberg LP is also a global leader in sustainability, launching an aggressive program to reduce its carbon footprint by 50% by 2013 through energy efficiency, using more renewable resources and reducing waste.

Related Information

Bloomberg's Push for Corporate Sustainability
Apr. 1, 2011 Fast Company
Soon after Bloomberg's sustainability director, Curtis Ravenel, launched an initiative to green the company's operations in 2006, he began to wonder: How do other businesses measure their impact on the environment?
Bloomberg's Matthew Winkler is Following the Money
Mar. 14, 2011 The Guardian
While some worry about the future for the news business, Matthew Winkler at Bloomberg News has relatively little to trouble him. Newspapers may be cutting costs and retrenching, but Bloomberg, the financial news specialist, is expanding.
The Bloomberg Juggernaut
Mar. 1, 2011 American Journalism Review
While many news organizations are struggling and retreating, Bloomberg News keeps adding talented journalists, expanding its empire and elevating its ambitions.
At Bloomberg LP, Modest Strategy to Rule the World
Nov. 14, 2009 NY Times
Bloomberg now has 142 journalists in Washington, 196 in Tokyo and 30 in Paris. It recently opened bureaus in Nigeria, Ghana and Cyprus. It has won numerous journalism awards and has offered some of the shrewdest coverage of the financial crisis over the last couple of years.
Bloomberg LP is a Prodigious Success and Just Keeps Getting Stronger
Apr. 5, 2007 Fortune
There's power in that name. The man, Michael Bloomberg, runs New York City and may have even grander ambitions. The company, Bloomberg LP, is a prodigious success and just keeps getting stronger.
RT @BloombergDotOrg: We look for preventable problems and places where the right resources can make a real difference http://t.co/TsdrIBAJev
about 1 hour ago

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