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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Michael Steele
Michael Stephen Steele (born October 19, 1958) is an American conservative political commentator, attorney, and former Republican Party politician. St...
Michael Stephen Steele (born October 19, 1958) is an American conservative political commentator, attorney, and former Republican Party politician. Steele served as the seventh lieutenant governor of Maryland from 2003 to 2007; he was the first African-American elected to statewide office in Maryland. As lieutenant governor, Steele chaired the Minority Business Enterprise task force, actively promoting an expansion of affirmative action in the corporate world. Steele also served as chairperson of the Republican National Committee (RNC) from January 2009 until January 2011; he was the first African-American to serve in that capacity.In the 1990s, Steele worked as a partner at the international law firm of LeBoeuf, Lamb, Greene & MacRae and co-founded the Republican Leadership Council, a "fiscally conservative and socially inclusive" political action committee. Steele also made numerous appearances as a political pundit on Fox News and other media outlets prior to running for public office. He made an unsuccessful run in the 2006 U.S. Senate election in Maryland, losing to Democrat Ben Cardin. From 2007 to 2009, Steele was chairman of GOPAC, a 527 organization that trains and supports Republican candidates in state and local elections. After serving one term as RNC Chairperson from 2009 to 2011, he lost his bid for a second term and was succeeded by Reince Priebus. Since 2011, Steele has contributed as a regular columnist for online magazine The Root and as a political analyst for MSNBC. In 2018, he became a Senior Fellow at Brown University's Watson Institute for International and Public Affairs.In 2020, he formally endorsed Joe Biden for the presidency, after previously starring in an advertisement aired by The Lincoln Project.
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