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Biography

Michael R. Bloomberg is an entrepreneur and philanthropist who served three terms as Mayor of the City of New York. Michael Rubens Bloomberg was in Boston, the son of Charlotte (Rubens) and William Henry Bloomberg, an accountant. He is of Russian Jewish descent. He was raised in a middle class home in Medford, Massachusetts. Michael attended Johns Hopkins University, where he paid his tuition by taking out loans and working as a parking lot attendant. After college, he attended Harvard Business School and in 1966 was hired by a Wall Street firm, Salomon Brothers, for an entry-level job. Bloomberg quickly rose through the ranks at Salomon, overseeing equity trading and sales before heading up the firm's information systems. When Salomon was acquired in 1981, he was let go from the firm. With a vision of an information technology company that would bring transparency and efficiency to the buying and selling of financial securities, he launched a small startup in a one room office. Toda

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