Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co...
Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.
Bloomberg grew up in Medford, Massachusetts, and graduated from Johns Hopkins University and Harvard Business School. He began his career at the securities brokerage Salomon Brothers before forming his own company in 1981. That company, Bloomberg L.P., is a financial information, software and media firm that is known for its Bloomberg Terminal. Bloomberg spent the next twenty years as its chairman and CEO. In 2020, Forbes ranked him as the sixteenth-richest person in the world, with an estimated net worth of $48 billion as of April 7, 2020 and as of July 21, 2020, Bloomberg ranked 8th in Forbes 400 with net worth $60.1 billion. Since signing The Giving Pledge, Bloomberg has given away $8.2 billion.
Bloomberg was elected the 108th mayor of New York City. First elected in 2001, he held office for three consecutive terms, winning re-election in 2005 and in 2009. Pursuing socially liberal and fiscally moderate policies, Bloomberg developed a technocratic managerial style. After a brief stint as a full-time philanthropist, he re-assumed the position of CEO at Bloomberg L.P. by the end of 2014.
As mayor of New York, Bloomberg established public charter schools, rebuilt urban infrastructure, and supported gun control, public health initiatives, and environmental protections. He also led a rezoning of large areas of the city, which facilitated massive and widespread new commercial and residential construction after the September 11 attacks. Bloomberg is considered to have had far-reaching influence on the politics, business sector, and culture of New York City during his three terms as mayor. He has also faced significant criticism for his expansion of the city's stop and frisk program, support for which he reversed with an apology before his 2020 presidential run.In November 2019, Bloomberg officially launched his campaign for the Democratic nomination for president of the United States in the 2020 election. He ended his campaign in March 2020, after having won only 61 delegates. Bloomberg self-funded $935 million for his candidacy, which set the record for the most expensive U.S. presidential primary campaign.
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Robert Reich
Robert Bernard Reich (; born June 24, 1946) is an American economic advisor, professor, author, and political commentator. He served in the administra...
Robert Bernard Reich (; born June 24, 1946) is an American economic advisor, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter, as well as serving as the United States Secretary of Labor from 1993 to 1997 under Bill Clinton. He was a member of President Barack Obama's economic transition advisory board.Reich has been the Chancellor's Professor of Public Policy at the Goldman School of Public Policy at UC Berkeley since January 2006. He was formerly a professor at Harvard University's John F. Kennedy School of Government and professor of social and economic policy at the Heller School for Social Policy and Management of Brandeis University. He has also been a contributing editor of The New Republic, The American Prospect (also chairman and founding editor), Harvard Business Review, The Atlantic, The New York Times, and The Wall Street Journal.
Reich is a political commentator on programs including Erin Burnett OutFront, CNN Tonight, Anderson Cooper's AC360, Hardball with Chris Matthews, This Week with George Stephanopoulos, CNBC's Kudlow & Company, and APM's Marketplace. In 2008, Time magazine named him one of the Ten Best Cabinet Members of the century, and in the same year The Wall Street Journal placed him sixth on its list of Most Influential Business Thinkers.He has published 18 books which have been translated into 22 languages, including the best-sellers The Work of Nations, Reason, Saving Capitalism, Supercapitalism, Aftershock: The Next Economy and America's Future, and a best-selling e-book, Beyond Outrage. He is also chairman of Common Cause and writes his own blog about the political economy at Robertreich.org. The Robert Reich–Jacob Kornbluth film Saving Capitalism was selected to be a Netflix Original, and debuted in November 2017, and their film Inequality for All won a U.S. Documentary Special Jury Award for Achievement in Filmmaking at the 2013 Sundance Film Festival in Utah.In 2015 Reich and Kornbluth founded Inequality Media, a nonprofit digital media company. Inequality Media's videos feature Reich discussing topics relating to inequality and power primarily in the United States, including universal basic income, the racial wealth gap, affordable housing, and gerrymandering.
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