Michael Bloomberg is an American businessman, philanthropist and former mayor of New York City. Celebrity Net Worth puts the 2026 net worth of Michael Bloomberg at $95 billion (last updated October 16, 2026).
Michael Bloomberg net worth: quick facts
| Full name | Michael Rubens Bloomberg |
|---|---|
| Net worth | $95 billion (Celebrity Net Worth, last updated October 16, 2026) |
| Age | 84 |
| Date of birth | February 14, 1942 |
| Nationality | American |
| Profession | Founder of Bloomberg LP, philanthropist, former mayor of New York City |
| Known for | Founding Bloomberg LP and serving three terms as mayor of New York City |
What is Michael Bloomberg’s net worth in 2026?
Celebrity Net Worth estimated the net worth of Michael Bloomberg at $95 billion (last updated October 16, 2026). The figure reflects Founding Bloomberg LP and serving three terms as mayor of New York City.
How Michael Bloomberg made money
Bloomberg LP. He cofounded the company in 1981 after being fired from Salomon Brothers, and now owns about 88% of it. Forbes puts its annual revenue at nearly $15 billion, and Celebrity Net Worth says it employs 26,000 people.
Politics and money. He was mayor of New York City from 2002 to 2013 for a $1 salary, spent $268 million of his own money on mayoral campaigns and more than $1 billion on his 2020 presidential run, per Celebrity Net Worth.
Philanthropy. Forbes says he gave away $4.3 billion in 2025 and has donated more than $25.4 billion in his lifetime.
How the net worth estimates compare
| Publisher | Estimate | Date |
|---|---|---|
| Celebrity Net Worth | $95 billion | Last updated October 16, 2026 |
| Forbes | $94.9 billion | Real-time figure as of October 29, 2026 (profile last updated October 14, 2026) |
The two estimates differ by $100 million. Both are current and both rest on his 88% of privately held Bloomberg LP, which is valued by estimate, not by a market price. Neither number is averaged or adjusted.
Michael Bloomberg career and earnings timeline
- 1966: Joins Salomon Brothers after earning his MBA at Harvard.
- 1981: Is fired from Salomon and founds Bloomberg LP.
- 2002-2013: Serves as mayor of New York City.
- 2025: Gives away $4.3 billion, per Forbes.
FAQs
How did Michael Bloomberg get rich?
By building Bloomberg LP, the financial data and media company he owns about 88% of.
Is he still giving money away?
Yes. Forbes says he has committed his Bloomberg LP stake to Bloomberg Philanthropies on his death, if not sooner.
Do the estimates agree?
Almost exactly: Celebrity Net Worth says $95 billion and Forbes says $94.9 billion.
Sources
- Forbes: Michael Bloomberg profile, accessed October 29, 2026
- Celebrity Net Worth: Michael Bloomberg, last updated october 16, 2026
- YouTube: 2017: Michael Bloomberg on 60 Minutes
About the Author
Jason Liam writes about celebrity net worth on Sneaky Insights. He loves exploring the stories behind the fortunes: the career breakthroughs, businesses and endorsements that helped famous names build their wealth. His favorite part is looking beyond the headline number to tell the story of how the money was made.
