hi I’m Mike Bloomberg mayor of New York City or as we humbly call it the
City or as we humbly call it the
City or as we humbly call it the greatest city on the face of the earth
greatest city on the face of the earth
greatest city on the face of the earth he is the richest politician in America
he is the richest politician in America
he is the richest politician in America welcome to watchmojo.com and today we’ll
welcome to watchmojo.com and today we’ll
welcome to watchmojo.com and today we’ll be learning more about the life and
be learning more about the life and
be learning more about the life and accomplishments of Michael Bloomberg I
accomplishments of Michael Bloomberg I
accomplishments of Michael Bloomberg I saw a thing today where and it’s
saw a thing today where and it’s
saw a thing today where and it’s probably embarrassing
probably embarrassing
probably embarrassing you’re like the 10th wealthiest person
you’re like the 10th wealthiest person
you’re like the 10th wealthiest person in the world that’s not embarrassing
Michael Reubens Bloomberg was born
Michael Reubens Bloomberg was born February 14th 1942 in Boston
February 14th 1942 in Boston
February 14th 1942 in Boston Massachusetts he grew up in a
Massachusetts he grew up in a
Massachusetts he grew up in a middle-class family and put himself
middle-class family and put himself
middle-class family and put himself through school by working as a parking
through school by working as a parking
through school by working as a parking lot attendant Bloomberg always had a
lot attendant Bloomberg always had a
lot attendant Bloomberg always had a passion for technology and in 1964 he
passion for technology and in 1964 he
passion for technology and in 1964 he graduated from Johns Hopkins University
graduated from Johns Hopkins University
graduated from Johns Hopkins University with a degree in electrical engineering
with a degree in electrical engineering
with a degree in electrical engineering he then earned an MBA from Harvard
he then earned an MBA from Harvard
he then earned an MBA from Harvard Business School before taking an
Business School before taking an
Business School before taking an entry-level job with Salomon Brothers on
entry-level job with Salomon Brothers on
entry-level job with Salomon Brothers on Wall Street by 1972 Bloomberg made
Wall Street by 1972 Bloomberg made
Wall Street by 1972 Bloomberg made partner
partner
partner he began overseeing equity trading sales
he began overseeing equity trading sales
he began overseeing equity trading sales and eventually information systems in
and eventually information systems in
and eventually information systems in 1981 Salomon Brothers was acquired and
1981 Salomon Brothers was acquired and
1981 Salomon Brothers was acquired and Bloomberg was fired from the firm with
Bloomberg was fired from the firm with
Bloomberg was fired from the firm with his ten million dollar severance he
his ten million dollar severance he
his ten million dollar severance he launched a startup company to quickly
launched a startup company to quickly
launched a startup company to quickly and efficiently provide vital data to
and efficiently provide vital data to
and efficiently provide vital data to Wall Street Bloomberg LP started as
Wall Street Bloomberg LP started as
Wall Street Bloomberg LP started as innovative market systems in 1981 and
innovative market systems in 1981 and
innovative market systems in 1981 and used emerging technologies to simplify
used emerging technologies to simplify
used emerging technologies to simplify the buying and selling of financial
the buying and selling of financial
the buying and selling of financial securities in 1982 Merrill Lynch
securities in 1982 Merrill Lynch
securities in 1982 Merrill Lynch invested thirty million dollars in the
invested thirty million dollars in the
invested thirty million dollars in the company and began using the system
company and began using the system
company and began using the system Bloomberg LP continued growing and
Bloomberg LP continued growing and
Bloomberg LP continued growing and unveiled a variety of subsidiary
unveiled a variety of subsidiary
unveiled a variety of subsidiary products and services over the next
products and services over the next
products and services over the next years including Bloomberg news wire in
years including Bloomberg news wire in
years including Bloomberg news wire in 1990 the Bloomberg News division
1990 the Bloomberg News division
1990 the Bloomberg News division launched by that point Michael Bloomberg
launched by that point Michael Bloomberg
launched by that point Michael Bloomberg was already one of the richest men in
was already one of the richest men in
was already one of the richest men in the world
the world
the world he then focused much of his time and
he then focused much of his time and
he then focused much of his time and wealth on philanthropic efforts with the
wealth on philanthropic efforts with the
wealth on philanthropic efforts with the arts medical research and education
arts medical research and education
arts medical research and education taking precedence his next conquest was
taking precedence his next conquest was
taking precedence his next conquest was public office despite the fact Bloomberg
public office despite the fact Bloomberg
public office despite the fact Bloomberg was a lifelong Democrat in 2001 he
was a lifelong Democrat in 2001 he
was a lifelong Democrat in 2001 he changed his affiliation and
changed his affiliation and
changed his affiliation and ran as a Republican for mayor of New
ran as a Republican for mayor of New
ran as a Republican for mayor of New York City as New York suffered
York City as New York suffered
York City as New York suffered financially in the wake of the September
financially in the wake of the September
financially in the wake of the September 11th attacks
11th attacks
11th attacks Bloomberg promoted himself as a
Bloomberg promoted himself as a
Bloomberg promoted himself as a candidate with the business experience
candidate with the business experience
candidate with the business experience necessary to lead the city through the
necessary to lead the city through the
necessary to lead the city through the crisis
crisis
crisis he spent record amounts of personal
he spent record amounts of personal
he spent record amounts of personal funds on the campaign to the tune of 74
funds on the campaign to the tune of 74
funds on the campaign to the tune of 74 million dollars that gamble paid off
million dollars that gamble paid off
million dollars that gamble paid off when he was elected the 108 mayor of New
when he was elected the 108 mayor of New
when he was elected the 108 mayor of New York on November 6th 2001 as Mayor
York on November 6th 2001 as Mayor
York on November 6th 2001 as Mayor Bloomberg refuses salary and was paid $1
Bloomberg refuses salary and was paid $1
Bloomberg refuses salary and was paid $1 per year for his work politically he was
per year for his work politically he was
per year for his work politically he was a social liberal Republican Party stands
a social liberal Republican Party stands
a social liberal Republican Party stands for personal liberty and freedom I see
for personal liberty and freedom I see
for personal liberty and freedom I see marriage equality is entirely consistent
marriage equality is entirely consistent
marriage equality is entirely consistent with that and more and more of the party
with that and more and more of the party
with that and more and more of the party supporters and activists see it that way
supporters and activists see it that way
supporters and activists see it that way as well
as well
as well Bloomberg was pro-choice and supported
Bloomberg was pro-choice and supported
Bloomberg was pro-choice and supported the legalization of same-sex marriage as
the legalization of same-sex marriage as
the legalization of same-sex marriage as well as stricter gun laws however he was
well as stricter gun laws however he was
well as stricter gun laws however he was considered fiscally conservative during
considered fiscally conservative during
considered fiscally conservative during his first term one issue he concentrated
his first term one issue he concentrated
his first term one issue he concentrated on was public education early in his
on was public education early in his
on was public education early in his term he struggled to earn public support
term he struggled to earn public support
term he struggled to earn public support but as his term progressed he gained and
but as his term progressed he gained and
but as his term progressed he gained and preserved high approval ratings in 2005
preserved high approval ratings in 2005
preserved high approval ratings in 2005 Bloomberg was re-elected by a wide
Bloomberg was re-elected by a wide
Bloomberg was re-elected by a wide margin
margin
margin throughout his second term he made a
throughout his second term he made a
throughout his second term he made a concerted effort to fight poverty and
concerted effort to fight poverty and
concerted effort to fight poverty and create jobs during his mayoralty he also
create jobs during his mayoralty he also
create jobs during his mayoralty he also implemented a widespread smoking ban and
implemented a widespread smoking ban and
implemented a widespread smoking ban and helped fight climate change crime rates
helped fight climate change crime rates
helped fight climate change crime rates dropped during his tenure while high
dropped during his tenure while high
dropped during his tenure while high school graduation numbers grew he was
school graduation numbers grew he was
school graduation numbers grew he was even known to commute to work via subway
even known to commute to work via subway
even known to commute to work via subway after the credit crisis hit in 2008
after the credit crisis hit in 2008
after the credit crisis hit in 2008 Bloomberg announced his intention to
Bloomberg announced his intention to
Bloomberg announced his intention to alter the law that limited New York City
alter the law that limited New York City
alter the law that limited New York City mayor’s to two consecutive terms he
mayor’s to two consecutive terms he
mayor’s to two consecutive terms he reasserted his business experience as an
reasserted his business experience as an
reasserted his business experience as an asset to the city in a tough financial
asset to the city in a tough financial
asset to the city in a tough financial time the law was successfully changed
time the law was successfully changed
time the law was successfully changed from two to three four-year terms and on
from two to three four-year terms and on
from two to three four-year terms and on November 3rd 2009 he was elected mayor
November 3rd 2009 he was elected mayor
November 3rd 2009 he was elected mayor again this time as an independent
again this time as an independent
again this time as an independent candidate throughout his political
candidate throughout his political
candidate throughout his political career rumors circulated that Bloomberg
career rumors circulated that Bloomberg
career rumors circulated that Bloomberg would seek a higher office in 2007 it
would seek a higher office in 2007 it
would seek a higher office in 2007 it was suspected he would make a run for
was suspected he would make a run for
was suspected he would make a run for governor of New York and later it was
governor of New York and later it was
governor of New York and later it was assumed he would run for president with
assumed he would run for president with
assumed he would run for president with a booming financial services and media
a booming financial services and media
a booming financial services and media empire a successful political career
empire a successful political career
empire a successful political career and a net worth of over 18 billion
and a net worth of over 18 billion
and a net worth of over 18 billion dollars Michael Bloomberg has proved
dollars Michael Bloomberg has proved
dollars Michael Bloomberg has proved himself as a sharp politician and an
himself as a sharp politician and an
himself as a sharp politician and an even sharper businessman
even sharper businessman
even sharper businessman if you think you’ve seen progress over
if you think you’ve seen progress over
if you think you’ve seen progress over the past eight years I Got News for you
the past eight years I Got News for you
the past eight years I Got News for you you ain’t seen nothing yet
”
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