Michael Bloomberg was a bank teller before he flourished in business and became involved in politics.

Michael Rubens Bloomberg was born on February 14, 1942 in Boston, Massachusetts, USA. After graduating with a bachelor's degree in electrical engineering from Johns Hopkins University in 1964, Bloomberg received a master's degree in economics from Harvard University in 1966.

Bloomberg's first job on Wall Street was a cashier at the Solomon Brothers investment bank with a salary of $ 9,000 / year. Bloomberg quickly rose to higher positions and became a bond trader and capital contribution partner at Salomon Brothers in 1972 at the age of 30.

At that time, he worked 12 hours a day, 6 days a week. In the late 1970s, he took over the position of head of stock trading. In 1976, he married Susan Brown and had two children, Emma and Georgina. However, he divorced his wife in 1993.

In 1979, Salomon Brothers CEO John Gutfreund asked Bloomberg to switch to the bank's fledgling computer system. This was considered a demotion for Bloomberg, but he probably had to thank Gutfreund for the experiences he had received in this new position.

After Solomon Brothers was acquired in 1981, Bloomberg was compensated for $ 10 million. Recognizing that Wall Street investors were willing to pay a lot of money for quick, quality financial information, Bloomberg founded an initial information technology company called Innovative Market Solutions.

In 1982, Innovative Market Solutions changed its name to Bloomberg LP. Bloomberg LP provides financial software tools and business solutions such as analytics and capital trading platforms, data services and news to financial companies and organizations through the Bloomberg Terminal software, " chicken lays golden eggs "by Bloomberg.

After the success of financial services, Bloomberg quickly expanded into the media sector. In 1990, he and Matthew Winkler founded Bloomberg News to provide financial news to Bloomberg Terminal subscribers.

Having become a billionaire, Bloomberg began to engage in politics when running for mayor of New York City as a Republican member in 2001. After being elected, he is said to have contributed greatly to the settlement. challenges of the city after 9/11. Since Bloomberg took office in 2002, New York's rate of social assistance applicants has decreased by 25%, high school graduation rates have increased by 40%, and crime has decreased by 35%.

Bloomberg is also famous for the plan to eliminate most of the separate offices in New York City Hall, he often sits in the office with employees so that they can follow their daily activities more closely.

After serving as New York mayor for two terms, Bloomberg decided to leave the Republican Party in 2007. In the context of the world economic crisis that broke out in 2008, Bloomberg decided that he needed to add another term. . He ran for a third term in 2009 as an independent politician.

Bloomberg, with extensive experience in the financial sector, became the first New York mayor to take office for three consecutive terms after spending a record $ 90 million on the campaign. The billionaire earns only $ 1 a year for 12 years as mayor of New York, and has funded $ 2.4 billion for the city's health, education, environment and arts activities.

Since October 2009, the number of new jobs created in the private sector in New York has almost doubled compared to the 10 major US cities combined.

Bloomberg retired from politics in January 2014 and spent a year focusing on philanthropy before returning to the position of CEO of Bloomberg LP. His successor as mayor of New York was Bill de Blasio, a Democrat.

During the 2016 US presidential election, Bloomberg considered running for a neutral candidate, but abandoned the plan in March 2016.

At the Democratic National Convention on June 27, 2016, Bloomberg announced support for Hillary Clinton on behalf of the Democratic Party to run for election. "I used to have disagreements with Hillary Clinton, but no matter how contradictory, we have to put them aside for the national good," Bloomberg said. "We have to unite next to the candidate, who can defeat a dangerous demagogue," he declared when referring to Donald Trump, the Republican candidate at the time.

Although Bloomberg could not prevent Trump from being elected, he found a common voice with those who opposed the President's decisions. After Trump announced his withdrawal from the Paris treaty on climate change in June 2017, the former New York mayor formed a coalition of influential leaders and declared that the Bloomberg charity funding US $ 15 million to fulfill US commitments under the agreement.

In April 2018, Bloomberg announced an additional $ 4.5 million in funding to fulfill the financial commitments that the United States was supposed to pay that year under the Paris Agreement on anti-climate change. According to the announcement of charity charity Bloomberg, this billionaire will continue to pay out of pocket if the US does not join the agreement again.

In March, Bloomberg announced plans to deploy Beyond Carbon, an effort to "abandon every coal-fired power plant in the next 11 years" and "transform the US economy dependent on oil and gas to use gas." use 100% clean energy as soon as possible ".

Bloomberg initially announced that he would not participate in the 2020 presidential election, but he applied to participate in the preliminary round of Democratic presidential candidates in Alabama at the end of November 8 and later. That filed in Arkansas and Texas.

With an estimated net worth of US $ 54.1 billion, Bloomberg is ranked 8th in the US by Forbes magazine. If he becomes a representative candidate for the Democratic Party, Bloomberg will be a formidable opponent of Trump when he owns more assets of the President of the United States and other famous media tycoons combined.