Michael Bloomberg
- Net worth $109.4 billion
- Birthday February 14, 1942
- Status In Relationship
- Country United States
- Ethnicity Ashkenazi Jewish
- Source(-s) of wealth Author, Businessman, Philanthropist, Politician
How much is Michael Bloomberg Worth? Michael Bloomberg Net Worth in 2026
Michael Bloomberg’s net worth is estimated at $109 billion as of October 2026. The founder of Bloomberg L.P. and former mayor of New York City is also one of the biggest philanthropists in the United States, with an estimated $4.3 billion given in 2025 alone.
| Net worth | About $109.4 billion (October 2026) |
|---|---|
| Estimated annual income | Mainly profits and ownership value from Bloomberg L.P.; no reliable salary figure |
| Born | February 14, 1942, Boston, Massachusetts (age 84) |
| Country | United States |
| Occupations / sources of wealth | Businessman, author and philanthropist; founder and majority owner of Bloomberg L.P. |
| Known for | Founding Bloomberg L.P. and the Bloomberg Terminal, serving as mayor of New York City, and Bloomberg Philanthropies |
How Michael Bloomberg built it
- Founded Bloomberg L.P. He owns the private financial data and media company, the source of most of his wealth.
- Built the Bloomberg Terminal. He is known for founding the company and creating the Terminal.
- Invested in sport. He was part of a group that agreed to buy the Baltimore Orioles for $1.725 billion in 2024.
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Get the Alux appHow much is Michael Bloomberg worth in 2026?
Michael Bloomberg is estimated to be worth about $109.4 billion, the vast majority of it from his ownership of the private financial data and media company that bears his name. Because Bloomberg L.P. is privately held, its value is estimated rather than publicly quoted, so figures vary. He has also given away very large sums, which affects how his total is calculated.
Michael Bloomberg in 2026: what he’s been up to
- 2025: Gave an estimated $4.3 billion to charity, bringing his lifetime giving to about $24.5 billion. He was ranked America’s top philanthropist for 2023, 2024 and 2025.
- 2015 to 2025: Pledged more than $3 billion to environmental efforts over the decade.
- January 2024: Part of a group led by David Rubenstein that agreed to buy the Baltimore Orioles for $1.725 billion.
- Ongoing: Bloomberg Philanthropies focuses on public health, the arts, government innovation, the environment and education.
How Michael Bloomberg makes money
- Bloomberg L.P.: Founder and majority owner of the financial data, software and media company, whose Bloomberg Terminal is widely used across global finance. This is the core of his wealth.
- Investments: Returns on his large personal portfolio, including a minority stake in the Baltimore Orioles ownership group.
- Real estate: Residential properties in several countries.
- Books: Author, including the 2017 book Climate of Hope, co-written with Carl Pope.
Career timeline
- 1966: Joins Salomon Brothers on Wall Street, becoming a general partner in 1972.
- 1981: Leaves Salomon after the firm is bought by Phibro and founds Innovative Market Systems, renamed Bloomberg L.P. in 1986.
- 1981 to 2001: Serves as chairman and CEO of Bloomberg L.P.
- 2002 to 2013: Serves as the 108th mayor of New York City, winning three consecutive terms.
- 2010: Signs the Giving Pledge.
- 2014: Returns to lead Bloomberg L.P. as CEO.
- 2017: Publishes Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet.
- 2024: Joins the investor group buying the Baltimore Orioles.
- 2025: Ranked America’s top philanthropist for the third year running.
Early life and background
Michael Bloomberg was born on February 14, 1942, in the Brighton neighborhood of Boston, Massachusetts, into a Jewish family. He attended Johns Hopkins University, where he later served as chairman of the board of trustees.
He began his career at the securities firm Salomon Brothers before starting his own company in 1981. As a teenager he earned an amateur radio operator license and built ham radios.
Interests and giving
Bloomberg holds a commercial pilot license and has flown helicopters. He is an outspoken advocate for climate action and has donated $50 million through Bloomberg Philanthropies to the Sierra Club’s Beyond Coal campaign.
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Michael Bloomberg net worth FAQ
What is Michael Bloomberg’s net worth?
Michael Bloomberg’s net worth is estimated at about $109.4 billion as of October 2026, mostly from his ownership of Bloomberg L.P.
How does Michael Bloomberg make money?
Mainly through his ownership of Bloomberg L.P., the financial data and media company behind the Bloomberg Terminal, along with investments and real estate.
How old is Michael Bloomberg?
Michael Bloomberg was born on February 14, 1942, so he is 84 years old as of October 2026.
Where is Michael Bloomberg from?
He was born in Boston, Massachusetts, in the Brighton neighborhood.
What is Michael Bloomberg doing now?
He is leading philanthropic work through Bloomberg Philanthropies, which gave an estimated $4.3 billion in 2025, and remains the owner of Bloomberg L.P.
How is Michael Bloomberg’s net worth estimated?
Estimates rely on the estimated value of the privately held Bloomberg L.P., his known investments and property, and his charitable giving. The figure is approximate.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: October 2026.