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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Deval Patrick
Deval Laurdine Patrick (born July 31, 1956) is an American politician, civil rights lawyer, author, and businessman who served as the 71st governor of...
Deval Laurdine Patrick (born July 31, 1956) is an American politician, civil rights lawyer, author, and businessman who served as the 71st governor of Massachusetts from 2007 to 2015. He was first elected in 2006, succeeding Mitt Romney, who chose not to run for reelection to focus on his presidential campaign. He was reelected in 2010. He was the first African American Governor of Massachusetts. A Democrat, Patrick served from 1994 to 1997 as the United States Assistant Attorney General for the Civil Rights Division under President Bill Clinton. He was briefly a candidate for President of the United States in the 2020 U.S. presidential election.
Raised largely by a single mother on the South Side of Chicago, Patrick earned a scholarship to Milton Academy in Milton, Massachusetts in the eighth grade. He went on to attend Harvard College and Harvard Law School, where he was president of the Harvard Legal Aid Bureau. After graduating, he practiced law with the NAACP Legal Defense and Educational Fund and later joined a Boston law firm, where he was named a partner at age 34. In 1994, Bill Clinton appointed him as the United States assistant attorney general for the civil rights division of the United States Department of Justice, where he worked on issues including racial profiling and police misconduct.
During his governorship, Patrick oversaw the implementation of the state's 2006 health care reform program which had been enacted under Mitt Romney, increased funding to education and life sciences, won a federal Race to the Top education grant, passed an overhaul of governance of the state transportation function, signing a law to create the Massachusetts Department of Transportation, increased the state sales tax from 5% to 6.25%, raised the state's minimum wage from $8 per hour to $11 by 2017, and planned the introduction of casinos to the state. Under Patrick, Massachusetts joined the Regional Greenhouse Gas Initiative (RGGI) in an effort to reduce greenhouse gas emissions. Shortly after Patrick's second term began on January 6, 2011, he declared he would not seek re-election in 2014.Patrick is a managing director at Bain Capital and serves as the chairman of the board for Our Generation Speaks, a fellowship program and startup incubator whose mission is to bring together young Israeli and Palestinian leaders through entrepreneurship. He also holds a Board of Directors position at telehealth company American Well.Members of his own inner circle and Barack Obama's inner circle encouraged Patrick to run for president in 2020, but Patrick ruled out a 2020 presidential bid in December 2018. In November 2019, however, uneasy about the existing field of Democratic candidates, Patrick was reported to have called a few leading Democrats and allies to say that he would soon announce a 2020 presidential bid. He formally entered the race on November 14, 2019. He ended his campaign on February 12, 2020, following a very poor showing in the Iowa caucus and the New Hampshire primary.
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