Michael R. Bloomberg
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Mayor, Entrepreneur
Does a man like Mike Bloomberg need an introduction?
Yes and no. We know he is an entrepreneurial billionaire
who pioneered a state-of-the art system for reporting and
interpreting financial data. We know he is a devoted father
and son. But what would make a man who is literally on top
of the world take a step to a parallel universe and want to
become mayor of New York City?
Michael R. Bloomberg is the 108th Mayor of the City of
New York. He was born on February 14, 1942, to middle-class
parents in Medford, Massachusetts, where his father was the
bookkeeper at a local dairy. After his college graduation, he
earned an MBA from Harvard University. In the summer of
1966, he was hired by Salomon Brothers to work on Wall Street.
He founded the Bloomberg LP in 1981, turning an initial
order for 20 terminals into a multimedia, analytical news
service supplying information to almost every country. Bloomberg
Financial Markets is a global distributor of information
services, combining news, data, and analysis for global financial
markets and businesses. As the business proved its
viability, the company branched out and in 1990 Bloomberg
LP entered the media business, launching a news service
and then radio, television, Internet, and publishing operations.
Bloomberg Financial Markets has revolutionized financial
communication.
What were the experiences that had such a marked effect
on the person Mike Bloomberg is today? Did he apprentice
during his childhood years for a business titan (is that how he
became this giant of industry and leader of the capital of the
world?)? His narrative surprises us and gives us some insight
into what strong cultural programming—a summer at boy
scout camp and exceptional leadership—can do for a child’s
sense of self.