Michael Bloomberg

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Definition of 'Michael Bloomberg'

Michael Bloomberg is a businessman, politician, and philanthropist. He is the founder and majority owner of Bloomberg L.P., a global financial information and media company. He was also the 108th mayor of New York City from 2002 to 2013.

Bloomberg was born in Boston, Massachusetts, in 1942. He attended Harvard University, where he studied economics and public policy. After graduating, he worked as a bond trader on Wall Street. In 1981, he founded Bloomberg L.P., which has since become one of the world's leading financial information providers.

In 2001, Bloomberg was elected mayor of New York City. He was re-elected in 2005 and 2009. During his tenure as mayor, Bloomberg oversaw a number of major changes in the city, including the construction of the High Line park, the opening of the Javits Center convention center, and the implementation of a new school reform program.

In 2013, Bloomberg retired from public office and returned to his business career. He has since been involved in a number of philanthropic activities, including the creation of the Bloomberg Philanthropies foundation.

Bloomberg is a controversial figure. He has been criticized for his wealth and his political views. However, there is no doubt that he is a successful businessman and a major force in the world of finance.

Here are some additional details about Michael Bloomberg:

* He is the richest person in New York City, with an estimated net worth of $55 billion.
* He is a Democrat, but he has been critical of both the Democratic and Republican parties.
* He is a supporter of gun control, same-sex marriage, and climate change legislation.
* He is a strong advocate for public education.
* He is a major donor to the arts and to charitable causes.

Michael Bloomberg is a complex and multifaceted figure. He is a successful businessman, a political leader, and a philanthropist. He is also a controversial figure, who has been criticized for his wealth and his political views. However, there is no doubt that he is a major force in the world of finance and in American politics.

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