By the end of January 2020, Bloomberg spent $300 million on his campaign and by February 2020 had exceeded $500 million. This caused the total spending in the presidential primary on behalf of all candidates to exceed $1 billion by February, an unprecedented figure for such an early point in a US presidential election.

Mike Bloomberg spent more than $1 billion on four-month presidential campaign according to filing. The former New York City mayor's spending dwarfed the rest of the field.

He is the majority owner, co-founder and CEO of Bloomberg L.P. He served as the mayor of New York City for three terms from 2002 to 2013 and was a candidate for the 2020 Democratic nomination for president of the United States.

Bloomberg L.P.

Bloomberg Philanthropies works to improve the lives of millions of people in more than 700 cities and 150 countries. In 2022, Bloomberg Philanthropies invested $1.7 billion around the world. Over his lifetime, Mike has so far given $14.4 billion to philanthropy.

Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data, and media company that he founded in 1981, to support the work of Bloomberg Philanthropies. In 2022, we distributed $1.7 billion globally. Over his lifetime, Mike has given $14.4 billion to philanthropy.

325,000 Terminal Bloomberg News is read by more than 325,000 Terminal subscribers, who are among the most influential people in business and finance in the world.

Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981. He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues north of $12 billion.

Grant proposals are by invitation only and news on grants competitions are posted regularly on our website. Members of the media may contact [email protected]. Please note grant proposals are by invitation only and we do not make grants outside our focus areas or directly to individuals.

Bloomberg News, news service based in New York City, New York, known for providing business and economic news to investors and for increasing competition between business newswires.

List of Top 10 Richest Man in the World by 16th October 2023

Bloomberg Philanthropies is a philanthropic organization that encompasses all of the charitable giving of founder Michael R. Bloomberg. Headquartered in New York City, Bloomberg Philanthropies focuses its resources on five areas: the environment, public health, the arts, government innovation and education.