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.
VS
Leon Panetta
Leon Edward Panetta (born June 28, 1938) is an American politician who has served in several different public office positions, including the Secretar...
Leon Edward Panetta (born June 28, 1938) is an American politician who has served in several different public office positions, including the Secretary of Defense, Director of the CIA, White House Chief of Staff, Director of the Office of Management and Budget, and as a U.S. Representative from California. A Democrat, Panetta was a member of the United States House of Representatives from 1977 to 1993, served as Director of the Office of Management and Budget from 1993 to 1994, and as President Bill Clinton's Chief of Staff from 1994 to 1997. He co-founded the Panetta Institute for Public Policy and served as a Distinguished Scholar to Chancellor Charles B. Reed of the California State University System and as a professor of public policy at Santa Clara University.
In January 2009, newly elected President Barack Obama nominated Panetta for the post of CIA Director. Panetta was confirmed by the full Senate in February 2009. As director of the CIA, Panetta oversaw the operation that brought down international terrorist Osama bin Laden. On April 28, 2011, Obama announced the nomination of Panetta as Defense Secretary, to replace the retiring Robert Gates. In June the Senate confirmed Panetta unanimously and he assumed the office on July 1, 2011. David Petraeus took over as Director of the Central Intelligence Agency on September 6, 2011.Since retiring as Secretary of Defense in 2013, Panetta has served as Chairman of The Panetta Institute for Public Policy, located at California State University, Monterey Bay, a campus of the California State University that he helped establish during his tenure as congressman. The Institute is dedicated to motivating and preparing people for lives of public service and helping them to become more knowledgeably engaged in the democratic process. He also serves on a number of boards and commissions and frequently writes and lectures on public policy issues.
Comments (0)
No comments yet. Be the first to share your thoughts!