Streams

Why the Boss Isn’t on Bloomberg News’ List of Billionaires

Wednesday, January 01, 2014

After a dozen years as mayor, Michael Bloomberg is again a private citizen, and one of the city's richest. But you won't find his name on his company's own index of the wealthiest individuals.

Bloomberg News has a policy of not covering its parent company, Bloomberg LP.

That means that Michael Bloomberg is nowhere to be found on his own company's index of the richest Americans. He was #10 on the Forbes Magazine rich list.

All this underscores the closing of an unusual, 12-year window to put questions to a man whose fortune is estimated at around $30 billion dollars.

In 2010, David Letterman put it to Bloomberg plainly: “How did you manage to get so damn rich?”

Bloomberg replied that he started Bloomberg LP after getting fired from an investment bank.

Now that he’s no longer Mayor, Bloomberg is turning his attention back to the company that made his fortune.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by