FinTech Magazine - December 2021 | Page 18

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U

. N . Secretary-General Appoints Mike Bloomberg as Special Envoy for Climate Ambition and Solutions
Keen to avoid litigation , the bank pulled out its cheque book and he ended up in the comfortable position of being fired - with a severance package of $ 10mn .
The incident was the push ( and the capital he needed ) to branch out on his own . In 1981 , he formed his own company , Bloomberg L . P .
While not strictly involved with investment banking , Bloomberg has always been at the forefront of financial information , software and media arm .
As the company ’ s CEO and chairman for 20 years , Bloomberg amassed an incredible fortune . Last year , he was ranked the 20th richest man in the world by Forbes , and experts estimate he has a net worth of $ 59bn .
A politician at heart Not content with being a leader in the world of finance , Bloomberg has also enjoyed a significant political career . He was the Mayor of New York from 2002 to 2013 , and , when US elections took a farcical turn in 2020 , he even ran as the Democratic presidential nominee .
But the experience was a tough one as he was heavily grilled by rival candidate Bernie Sanders during the debate on the number of homes in his property portfolio . Bloomberg lives in New York and apparently has eight homes in the state . He reportedly owns several properties in London , Florida , Colorado , and Bermuda and has an extensive luxury car collection - last public count put the number at 42 vehicles .
18 December 2021