Billionaire Profile
Michael Bloomberg
Global Rank
#18

Image: Bloomberg Philanthropies | CC0 | via Wikimedia Commons

Michael Bloomberg

CEO, Bloomberg LP
UNITED STATES
Real-Time Net Worth
$109.419B
Estimated based on Bloomberg LP stock value as of June 4, 2026
0% (24h)
Age
84
Source
Bloomberg LP
Industry
Finance Investments
Citizenship
UNITED STATES

Biography

Michael Bloomberg is among the world's most closely watched billionaires from UNITED STATES, with an estimated fortune of $109.4B. The bulk of Michael Bloomberg's wealth comes from Bloomberg LP, closely tied to Bloomberg LP. Michael Rubens Bloomberg is an American businessman, politician, and philanthropist. He is the majority owner and co-founder of Bloomberg L.P., a financial information, software, and media company and was its CEO from 1981 to 2001, and again from 2014 to 2023. As of March 2026, his net worth is estimated at $109.4 billion. Bloomberg's wealth source is Bloomberg L.P.. He began his career at Salomon Brothers before starting his own company. Bloomberg served as the 109th mayor of New York City from 2002 to 2013. Throughout his career, he has been a major philanthropist, donating billions to various causes. Key career milestones include Began Career at Salomon Brothers (1966); Founded Innovative Market Systems (Bloomberg L.P.) (1981); Mayor of New York City (2002); Returned as CEO of Bloomberg L.P. (2014). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.

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Verified by Editorial Team
Live Data
Updated 6/4/2026
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Wealth Over Time

Career Milestones

  1. 1

    Began Career at Salomon Brothers

    Started as a trading room clerk, rising to partner.

  2. 2

    Founded Innovative Market Systems (Bloomberg L.P.)

    Launched a financial data and analytics company.

  3. 3

    Mayor of New York City

    Served as the 109th mayor of New York City for three terms.

  4. 4

    Returned as CEO of Bloomberg L.P.

    Resumed leadership of the company.

  5. 5

    Presidential Medal of Freedom

    Awarded the Presidential Medal of Freedom.

Net Worth History

YearNet Worth
2026$109.419B
2025$109B
2024$109.4B
2023$106B
2022$106B
2021$106B
2020$55.5B

Philanthropy

Johns Hopkins University

$$1B
Education

Committed $1 billion to make medical school free for most students and increase financial aid for nursing and public-health students.

Historically Black Medical Schools

$$600M
Education

Committed $600 million to the endowments of four historically Black medical schools.

Various Causes

$$3.7B
Various

Gave $3.7 billion in 2024 to support arts, education, the environment, public health, and programs to improve city governments.

Controversies & Legal

2009

Third Term as Mayor

Bloomberg faced criticism for seeking a third term as mayor, which required a change in the city's term limits.

2013

Stop-and-Frisk Policy

Criticized for the city's stop-and-frisk program, which Bloomberg later apologized for before his 2020 presidential run.

In-Depth Profile

Michael Bloomberg Net Worth in 2026

Michael Bloomberg's fortune reflects listed equity, private company stakes, and other assets tied to Bloomberg LP. Our current estimate stands at $109.4B, updated from Forbes Real-Time Billionaires data and cross-checked against company ownership records where disclosed. Rankings can shift quickly when a core holding re-prices on public markets or a private valuation is revised after a funding round.

How Michael Bloomberg Built Their Wealth

Michael Bloomberg accumulated wealth through Bloomberg LP. Bloomberg LP remains the central operating company in most public estimates, meaning its valuation and Michael Bloomberg's reported ownership stake drive much of the net worth figure. Early career decisions, founding roles, and subsequent scaling of operating businesses typically explain how concentrated equity positions became a global top-tier fortune.

Portfolio and Business Context

Shareholding tables, financial history charts, and linked company profiles on this page show how Michael Bloomberg's wealth shifts with market cycles. Compare year-over-year net worth history, related billionaire profiles, and sector rankings for additional context. When multiple companies appear in the source-of-wealth field, treat each as a separate exposure: public tickers update daily, while private assets may revalue only when credible transactions or disclosures occur.

How We Research This Profile

Editors combine Forbes billionaire list data, company market capitalization, disclosed ownership where available, and historical net worth series stored in our database. We do not publish synthetic chart points—only documented years appear in financial history modules. See our methodology page for sourcing standards and the corrections page to flag material errors.

Career Milestones

1966

Began Career at Salomon Brothers

Started as a trading room clerk, rising to partner.

1981

Founded Innovative Market Systems (Bloomberg L.P.)

Launched a financial data and analytics company.

2002

Mayor of New York City

Served as the 109th mayor of New York City for three terms.

2014

Returned as CEO of Bloomberg L.P.

Resumed leadership of the company.

2024

Presidential Medal of Freedom

Awarded the Presidential Medal of Freedom.

Philanthropy & Social Impact

Education

Johns Hopkins University

$1B

Committed $1 billion to make medical school free for most students and increase financial aid for nursing and public-health students.

Education

Historically Black Medical Schools

$600M

Committed $600 million to the endowments of four historically Black medical schools.

Various

Various Causes

$3.7B

Gave $3.7 billion in 2024 to support arts, education, the environment, public health, and programs to improve city governments.

Business Philosophy & Leadership

Notable Quotes

"“Capitalism works.”"

"“You're entitled to your own opinions, but not your own facts.”"

"“If you want to know how to solve society's problems, you start out with better public education.”"

Leadership Principles

Build, monetize, and defend

A framework for success in business.

Hire people smarter than yourself

Surround yourself with talented individuals.

Embrace failure

View setbacks as opportunities for growth.

Controversies & Challenges

2009

Third Term as Mayor

Bloomberg faced criticism for seeking a third term as mayor, which required a change in the city's term limits.

2013

Stop-and-Frisk Policy

Criticized for the city's stop-and-frisk program, which Bloomberg later apologized for before his 2020 presidential run.