Michael Rubens Bloomberg, born on February 14, 1942, remains a prominent figure in the global landscape as we move into 2025. At the age of 83, Bloomberg’s life is a compelling narrative of entrepreneurial success, impactful political service, and extensive philanthropic endeavors. His journey from a middle-class upbringing to becoming one of the wealthiest individuals in the world, coupled with his foray into public service and significant contributions to various global causes, cements his status as a multifaceted leader. This comprehensive profile delves into the key aspects of Michael Bloomberg’s life in 2025, exploring his age, career trajectory, family life, financial standing, physical attributes, and overall biography.
Age and Early Life (as of 2025)
As of February 14, 2025, Michael Bloomberg is 83 years old. Born on Valentine’s Day in 1942, his zodiac sign is Aquarius, often associated with independence and humanitarianism, traits that resonate with his life’s work. Bloomberg was born in Boston, Massachusetts, and grew up in Medford, within the same state. His father, William Henry Bloomberg, was a Polish immigrant who worked as a bookkeeper, and his mother, Charlotte Rubens Bloomberg, was a homemaker. He has two older sisters, Marjorie and Joan. His upbringing was in a middle-class Jewish household, instilling in him values of hard work and community engagement from an early age.
Bloomberg’s educational foundation was laid at Johns Hopkins University, where he earned a Bachelor of Science degree in electrical engineering in 1964. He further honed his business acumen at Harvard Business School, graduating with a Master of Business Administration (MBA) in 1966. These formative years in academia equipped him with the knowledge and skills that would later propel his remarkable career in finance and beyond.
Career Highlights and Trajectory
Michael Bloomberg’s career is characterized by significant achievements in both the private and public sectors. His professional journey began in 1966 with an entry-level position at Salomon Brothers, a prominent investment bank on Wall Street. Over 15 years, his dedication and expertise led him to the position of partner, overseeing block trading operations. However, his tenure at Salomon Brothers concluded in 1981 when the firm was acquired, leading to his dismissal but also providing him with a $10 million partnership buyout.
This turning point became the catalyst for his entrepreneurial venture. In 1981, Bloomberg utilized his buyout funds to establish Innovative Market Systems, which would later be renamed Bloomberg L.P. in 1982. The company’s cornerstone product, the Bloomberg Terminal, revolutionized the financial information industry by providing real-time data, analytics, and news to financial professionals. Under his leadership as CEO from 1981 to 2001, and again from 2014 to 2023, Bloomberg L.P. ascended to global prominence, becoming a leader in financial data services, software, and media. By 2025, Bloomberg LP stands as a financial information and media powerhouse with estimated revenues exceeding $13 billion, and Bloomberg owning 88% of the business. In August 2023, he transitioned the CEO role to Vlad Kliatchko and appointed Mark Carney as non-executive chair of a newly formed board of directors, signaling a strategic shift in leadership while he remains deeply involved as the majority owner.
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Beyond his indelible mark on the financial world, Bloomberg transitioned into public service, serving as the 108th Mayor of New York City for three consecutive terms (2002-2013). Elected as a Republican in 2001, he later became an independent in 2007 and eventually rejoined the Democratic Party in 2018. His mayoral tenure is lauded for significant improvements in public health, education reform, and driving New York City’s economic growth after the September 11 attacks. His administration focused on data-driven decision-making, exemplified by initiatives to reduce crime, improve public education, and enhance environmental sustainability within the city.
In 2020, Bloomberg entered the political arena on a national scale with a bid for the Democratic nomination for President of the United States. Although his campaign was ultimately unsuccessful, it underscored his continued ambition to contribute to public policy and governance.
In 2024, Bloomberg’s contributions were nationally recognized when he received the Presidential Medal of Freedom from President Joe Biden. Further solidifying his role in national advisory capacities, he has been serving as the chair of the Defense Innovation Board since June 2022. In this role, he provides expert recommendations to the United States Department of Defense on critical areas such as artificial intelligence, software advancement, data analytics, and digital modernization.
Family Life
Michael Bloomberg’s personal life includes his relationship with his family. He was married to Susan Brown-Meyer in 1975, and they divorced in 1993. From this marriage, he has two daughters: Emma and Georgina Bloomberg. Both daughters have carved out their own successful paths. Georgina Bloomberg is a well-known professional equestrian and philanthropist, actively involved in animal welfare and charitable causes. Emma Bloomberg is dedicated to public service and philanthropy, focusing on education and poverty reduction initiatives.
Since 2000, Michael Bloomberg’s domestic partner has been Diana Taylor. Taylor is a prominent figure in finance and public service, having held significant positions such as New York State Superintendent of Banks and Chief Financial Officer to former New York Governor Pataki. Their partnership is a notable aspect of Bloomberg’s personal life, reflecting a shared commitment to public and philanthropic endeavors.
Net Worth and Philanthropy (2025)
Michael Bloomberg’s financial success is staggering. As of February 13, 2025, Forbes estimates his real-time net worth at $104.7 billion, consistently ranking him among the wealthiest individuals globally, currently at #17 in the world. The vast majority of his wealth stems from his 88% ownership stake in Bloomberg LP.
Beyond accumulating wealth, Bloomberg is celebrated for his extraordinary philanthropy. He is a major philanthropist, channeling his resources through Bloomberg Philanthropies, which he founded. This organization focuses on five main areas: public health, environment, education, government innovation, and the arts. In 2023 alone, his charitable giving amounted to $3 billion, and his lifetime donations exceed $17.4 billion. His philanthropic commitments are profound, addressing critical global challenges such as climate change, gun safety, and public health crises. Bloomberg has pledged to donate his entire stake in Bloomberg LP to Bloomberg Philanthropies, either upon his death or sooner, underscoring his dedication to leveraging his wealth for societal benefit.
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Height and Physical Attributes
Michael Bloomberg’s height is approximately 5 feet 10 inches (1.78 meters). While his height is a matter of factual record, it is less emphasized compared to his towering achievements in business and public life. His public image is more closely associated with his energetic demeanor and active engagement in various global platforms, rather than his physical stature.
Biography and Legacy in 2025
Michael Rubens Bloomberg’s biography is a testament to his relentless drive, innovative spirit, and commitment to public good. From his early days in Medford, Massachusetts, to leading a global financial empire and governing New York City, his journey is marked by ambition and impact. His career narrative encompasses:
- Entrepreneurial Vision: Founding and building Bloomberg LP into a global leader, transforming financial information dissemination.
- Political Leadership: Serving three terms as Mayor of New York City, marked by data-driven governance and significant urban development and resilience initiatives.
- Philanthropic Impact: Establishing Bloomberg Philanthropies and directing billions towards addressing critical global issues, reflecting a deep commitment to making a tangible difference in areas ranging from public health to climate change.
- Public Service: Continued engagement in public service through roles like chairing the Defense Innovation Board, advising on technological advancements for national defense.
In 2025, Michael Bloomberg’s legacy is multifaceted. He is remembered as a business magnate who revolutionized the financial information industry, a mayor who steered New York City through transformative years, and a philanthropist who has pledged a substantial portion of his wealth to address pressing global challenges. His receipt of the Presidential Medal of Freedom in 2024 further acknowledges his enduring contributions to the United States and the world.
As Michael Bloomberg enters his mid-eighties, his ongoing involvement in philanthropy and public advisory roles indicates a sustained commitment to influence and improve society. His life story continues to inspire, embodying a blend of business acumen, political engagement, and philanthropic dedication, making him a noteworthy figure in the 21st century. His impact spans across industries and sectors, leaving a lasting imprint on global finance, urban governance, and philanthropic innovation.
In conclusion, Michael Bloomberg’s profile in 2025 is that of an octogenarian who remains remarkably active and influential. His age is a testament to a life lived with purpose and vigor, his career a benchmark of entrepreneurial and political success, his family life a blend of personal and public dimensions, his net worth a symbol of financial empire, and his biography an ongoing chronicle of significant contributions to the world.
