Michael Bloomberg

from Wikipedia, the free encyclopedia
Michael Bloomberg (2019)
Signature of Michael Bloomberg

Michael Rubens "Mike" Bloomberg KBE (born February 14, 1942 in Boston , Massachusetts ) is an American entrepreneur and politician ( Democratic Party ). He is the founder of Bloomberg LP and Bloomberg Television and was Mayor of New York City from 2002 to 2013 . In his party's primary election , he applied for the 2020 presidential candidacy .

Life

Origin and education

Bloomberg was born to a Jewish family at St. Elizabeth's Hospital in Brighton , a borough of Boston. His parents' families were from Russia ; his father William H., born in 1906 in Chelsea , Massachusetts, was employed as an accountant at a local dairy. His father Alexander was a real estate agent. His mother, Charlotte (Rubens) Bloomberg (1909–2011), was also the daughter of a Russian immigrant and a mother from New Jersey.

After earning an electrical engineering degree from Johns Hopkins University , Bloomberg attended Harvard University for an MBA .

Professional life and entrepreneurship

After completing his studies, Bloomberg first worked for Salomon Brothers (today: Morgan Stanley Smith Barney ) from 1966 , where he became a partner six years after being hired in 1972. When Salomon Brothers was bought in 1981, he was persuaded to leave and received around ten million US dollars in severance pay for his stake in the company. In 1982 Bloomberg switched to Merrill Lynch as an investor .

He then founded the financial data agency Bloomberg LP that same year , with which he built up a fortune of several billion US dollars. He later expanded his company to include the news service Bloomberg Television and now also offered online trading, television and radio.

In June 2010, he joined billionaires Bill Gates and Warren Buffett's philanthropic campaign The Giving Pledge and pledged to donate more than half of his fortune.

capital

On the business magazine Forbes published for the year 2019 the world's billionaires , he finished list of the richest people in the world with assets of approximately 55.5 billion US dollars Place 9. In March 2020, his fortune of 60 billion dollars specified.

politics

Mayor of New York City

Bloomberg was a longtime member of the Democrats, but switched to the Republican Party in 2000 to avoid the Democratic Party 's primary campaign.

In 2001, Bloomberg won the New York City mayoral election, succeeding Rudolph Giuliani (with a token salary of one US dollar). After the election victory, as a Republican, he also stood for largely “democratic” politics. He advocated abortion rights, same-sex marriage, and strict gun control. During his tenure, the crime rate continued to fall, which had already fallen sharply under his predecessor Giuliani. The stop-and-frisk ( German : “Anhalten und Filzen”) method , in which citizens are routinely stopped by the police and searched for weapons and illegal substances, was controversial . Among other things, it was criticized that a disproportionately large proportion of the people controlled were African American and Latinos . Stop-and-Frisk was finally declared incompatible with the American Constitution by a federal court in the United States in August 2013 and thus banned.

A major project by Bloomberg's government was the provision of cheap housing. The New Housing Marketplace program was to build or maintain 165,000 public housing units by 2013 and included investments of $ 7.5 billion.

In 2005 Bloomberg was re-elected with 58 percent of the vote. Another focus of his policy was to make New York more environmentally friendly. His 23-year plan for the sustainable development of New York (PlaNYC 2030), adopted in 2007, included 127 steps. Prominent individual measures related to a car and truck inner city toll for Manhattan during rush hour based on the London model, the reduction of greenhouse gas emissions by 30 percent, the conversion of all taxis ( yellow cabs ) to hybrid drive by 2012 , the greening of all flat roofs, the quadrupling the bike paths and the opening of new parks (every New Yorker should not live more than ten minutes' walk from a park). One of the more sensational projects was the rededication of the 2.3-kilometer-long High Line , a former elevated railway line, into a parking area.

Bloomberg (left) in 2008 with then New York State Governor David Paterson

In 2007, Bloomberg achieved up to 70 percent approval of its policies among the population of New York. On June 20, 2007, he announced that he would be leaving the Republican Party and working as an independent politician. He financed the election campaigns largely from his own resources. So he invested 75 million US dollars in his campaign for the New York mayor's office. In the context of the 2007 financial crisis , which began in the United States and spread around the world, Bloomberg attracted attention by calling for a new New Deal . This was remarkable in that Bloomberg was known for its fiscal conservative and economically liberal stance.

In October 2008, the New York City Council decided with a majority of 29-22 votes that Bloomberg could run for the third time for mayoral election. Since a referendum in 1993, the term of office of the New York mayor is limited to two terms. A citizen vote in 1996 confirmed this decision. Bloomberg justified its interest in a third term with the financial crisis. He argued that in such difficult times one should not replace an experienced city top. He himself was still in favor of the restriction at the time.

On November 4, 2009, he prevailed with 51 percent of the vote against his challenger Bill Thompson of the Democrats. This received 46 percent of the vote, far more than expected in the forecasts, which estimated Bloomberg's lead of 12 to 16 percent. Bloomberg spent the equivalent of around 68 million euros on the election campaign. On May 24 and 26, 2013, two letters addressed to Bloomberg containing the poison ricin were intercepted by the actress Shannon Guess Richardson . In the mayoral election in New York City on November 5, 2013, Bloomberg was not allowed to run again. At the turn of the year 2013/2014 he was replaced by the Democrat Bill de Blasio .

Political work after the time as mayor

Bloomberg was considering running as an independent candidate in the 2016 United States presidential election to prevent Donald Trump from winning, but rejected it because, due to the peculiarities of the US electoral system, such a candidacy would ultimately only have benefited Trump. Bloomberg gave a speech at the Democratic nomination convention on July 27, 2016, in favor of Hillary Clinton , their presidential candidate . He warned against the Republican candidate Trump and called him a "fraudster".

On April 22, 2018, Bloomberg announced that it would pay out of pocket the $ 4.5 million the United States pledged under the Paris Climate Agreement after the Trump administration announced it would exit the deal.

In October 2018, Bloomberg stated that he had re-registered as a Democrat, fueling speculation about his possible 2020 presidential nomination . Especially against the background of the rising popularity of Elizabeth Warren and the deteriorating poll numbers Joe Biden , Bloomberg was again traded as a possible candidate of the establishment in the course of the primaries.

Bloombergs election campaign event

On November 24, 2019, Bloomberg officially announced its candidacy. Since his announcement that he was running for President of the United States, he has received a lot of praise and criticism. This is due to the perception that the Democrats are "fighting a rich New York billionaire with an even richer New York billionaire." Bloomberg first competed in the Democratic primary on Super Tuesday, March 3rd. By then he had invested more than half a billion dollars in the primaries. He only won in the US outlying area American Samoa , where he won five of a total of six delegate votes. After withdrawing his candidacy on March 4th, he declared that he would now support Joe Biden. The cost of his election campaign, which he financed entirely himself, totaled one billion US dollars.

Awards

Books

See also

Web links

Commons : Michael Bloomberg  - Collection of images, videos and audio files
Wikiquote: Michael Bloomberg  - Quotes

Individual evidence

  1. ↑ Nikolaus Piper / Johannes Boie: Die Macht der Terminals , in: Süddeutsche Zeitung from 10./11. July 2010
  2. ↑ Michael Bloomberg's promise to donate : “My Commitment to Giving” ( Memento from September 2, 2011 in the Internet Archive ) (PDF; 2.6 MB).
  3. ↑ Michael Bloomberg ( English ) Forbes . Retrieved March 3, 2020.
  4. ^ Judge Rules NYPD "Stop and Frisk" Unconstitutional, Cites "Indirect Racial Profiling", accessed August 21, 2013
  5. ^ Website of the New York City Department of Housing Preservation and Development , accessed May 28, 2009
  6. ↑ Susanne Remke: USA: Mike, the maker. Focus Online , June 25, 2007 (from Focus No. 26, 2007).
  7. ^ Diepresse.com : New York City Mayor Leaves Republican - June 20, 2007
  8. ↑ Tagesschau audio contribution: Bloomberg for President - Opportunities and Reactions (R. Sütfeld, ARD New York)  ( page no longer available , search in web archives )@1@ 2Template: Toter Link / www.tagesschau.de
  9. ↑ Cf. Ingar Solty (2008): The Obama Project: Crisis and Charismatic Rule. Hamburg: VSA
  10. ↑ Spiegel : Bloomberg wants third term as New York City Mayor , October 2, 2008
  11. ↑ FAZ : With the crowbar , November 4, 2009.
  12. ↑ Tagesschau: Poison attack on Michael Bloomberg ( memento from June 7, 2013 in the Internet Archive ) from May 30, 2013
  13. ↑ Hakan Tanriverdi: Bloomberg is not running as a presidential candidate. In: Süddeutsche Zeitung of March 8, 2016.
  14. ↑ Billionaire Bloomberg tackles billionaire Trump. FAZ.net
  15. ↑ Johannes Kuhn: Michael Bloomberg: "I recognize a fraud when I see him". sueddeutsche.de July 28, 2016.
  16. ↑ Bloomberg pays missing US climate contributions out of pocket. Neue Zürcher Zeitung . April 23, 2018. Retrieved April 24, 2018.
  17. ↑ Emily Tillett: Michael Bloomberg re-registers as Democrat ahead of 2018 midterm elections. In: CBS News , October 10, 2018.
  18. ^ Brian Schwartz: Mike Bloomberg keeps talking to allies about running for president as Joe Biden struggles against Elizabeth Warren. October 14, 2019, accessed October 27, 2019 .
  19. ↑ tagesschau.de: candidacy confirmed: Bloomberg challenges Trump. Retrieved November 24, 2019 .
  20. ↑ Why is Michael Bloomberg running as a Democrat? . Politic Ed.
  21. ↑ Michael Bloomberg drops out of US presidential race. Münchner Merkur on March 4, 2020.
  22. ↑ DER SPIEGEL: Michael Bloomberg: Flash election campaign cost one billion US dollars - DER SPIEGEL - Politics. Retrieved April 21, 2020 .
  23. ↑ Michael Bloomberg receives an honorary knighthood. BBC News, January 6, 2014, accessed October 7, 2014 .
  24. ↑ Michael Bloomberg receives the Jewish Nobel Prize In: Israelnetz.de , May 23, 2015, accessed on August 17, 2018.
predecessor Office successor
Rudolph Giuliani Mayor of New York City
2001-2013 		Bill de Blasio
personal data
SURNAME Bloomberg, Michael
ALTERNATIVE NAMES Bloomberg, Michael Rubens (full name)
BRIEF DESCRIPTION American politician
DATE OF BIRTH February 14, 1942
PLACE OF BIRTH Boston , Massachusetts