Presented by New York City Global Partners, in partnership with Columbia University
in the City of New York's World Leaders Forum
and the New York Immigration
This Forum brings together
governmental leaders, policy professionals, influential citizens, and renowned
intellectuals from 18 nations representing 26 cities to examine the challenges
and the solutions faced by diverse, democratic global cities. Mayor Michael
Bloomberg and his critical commissioners discuss the challenges in New York City and the
programmatic solutions that have been implemented to address the needs of
Michael R. Bloomberg Mayor of the City of New York
Michael R. Bloomberg is the
108th Mayor of the City of New York.
He was born on February 14, 1942 and raised in Medford, Massachusetts,
where his father was the bookkeeper at a local dairy. Mayor Bloomberg's thirst
for information and fascination with technology was evident at an early age,
and led him to Johns
where he parked cars and took out loans to finance his education. After his
college graduation, he gained an MBA from Harvard and in the summer of 1966, he
was hired by Salomon Brothers to work on Wall Street.
The Mayor quickly advanced through the ranks, and became a partner in 1972. Soon after, he was supervising all of Salomon's stock trading, sales and later, its information systems. He was fired in 1981 after another company acquired Salomon. Michael Bloomberg used his stake from the Salomon sale to start his own company. He created a financial information computer that would collect and analyze different combinations of past and present securities data and deliver it immediately to the user. In 1990 Bloomberg LP entered the media business, launching a news service, and then radio, television, Internet, and publishing operations.
As the company enjoyed tremendous growth, he dedicated more of his time and energy to philanthropy and civic affairs. His desire to improve education, advance medical research and increase access to the arts, has provided the motivation for much of his philanthropy. He funded relief programs for victims of domestic violence in New York City, sponsored the Children's Health Fund's Mobile Medical Unit, and supported construction of new athletic fields at city high schools throughout the five boroughs. He also served on the boards of 20 different civic, cultural, educational and medical institutions.
The Mayor served as the Chairman of the Board Trustees of Johns Hopkins University until May 2002. Recently, he was honored by Johns Hopkins University, when its School of Hygiene and Public Health was renamed "The Bloomberg School of Public Health."