Profile: Mayor Mike Bloomberg

Mayor Mike Bloomberg was born on February 14, 1942 in Boston and raised by middle-class parents in Medford, Massachusetts. His childhood instilled the values of hard work and civic responsibility. Mike as he like to be called worked his way through Johns Hopkins University, paying his tuition with loans and working as a parking lot attendant during the summer, he also received an MBA from Harvard Business School. Wall Street called after college where he was hired by Salomon Brothers .

At Salmon he quickly rose through the ranks, where he eventually oversaw fixed income trading and sales and then information systems. These jobs enabled him to gain a keen understanding of the importance of technological innovation. In 1981, Salomon was acquired, and Mike was squeezed out by the merger. With a vision of an information company that would use emerging technology to bring transparency and efficiency to the buyers and sellers of financial securities, he began a small start-up company called Bloomberg LP in 1981. Today, Bloomberg LP has over 275,000 subscribers to its financial news and information service, TV and radio stations and news feeds in 161 countries around the globe. Headquartered in New York City, the company has more than 10,000 employees worldwide.

As his company grew, Michael Bloomberg started directing more of his attention to philanthropy, donating his time and resources to many different causes. He has sat on the boards of numerous charitable, cultural, and educational institutions, including Johns Hopkins University, where, as chairman of the board, he helped build the Bloomberg School of Public Health into one of the world’s leading institutions of public health research and training.

Already deeply involved in civic affairs, Mike made the difficult decision to officially entered public life in 2001, when he entered the race for Mayor of the City of New York. His election came just two months after the tragic attacks of 9/11, at a time when many believed that crime would return, businesses would flee, and New York might never recover. Instead, under Mayor Bloomberg’s forward-looking leadership, and with his determination to build on the spirit of unity that defined the city after the attacks . Mike is credited with transforming public education in New York City ,by making schools safer,eduction more accountable and budgeting more streamlined and centralized. Mike Bloomberg was just elected to his third term of Mayor of New York City.

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