Michael Bloomberg

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Michael Rubens Bloomberg (born February 14, 1942), commonly known as Bloomy, is the current Mayor of New York City, and the 10th richest person in the United States, having net worth of US$18 billion in 2010.[2] He is the founder and 88% owner of Bloomberg L.P., a financial news and information services media company.[3][4][5]

A lifelong Democrat before seeking elective office, Bloomberg switched his registration in 2001 and ran for mayor as a Republican, winning the election that year and a second term in 2005. He was frequently mentioned as a possible independent candidate for the 2008 presidential election and fueled that speculation when he left the Republican Party in June 2007 to become an independent.[6] There was also speculation that he would run as a vice-presidential candidate.[7] Bloomberg did not, however, seek the presidency nor was he selected as a running mate by any of the presidential candidates.

In the fall of 2008, Bloomberg successfully campaigned for an amendment to New York City's term limits law, in order to allow him to run for a third term in 2009. Bloomberg won the election[8] on November 3, 2009.


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