Wealthiest
Photo of Michael Bloomberg

Michael Bloomberg

Michael Rubens Bloomberg is an American businessman, politician, philanthropist, and author. In 2022, Michael Bloomberg's net worth is estimated to be $75 billion dollars.

March 29, 2022

Words by Matthew Taylor

Michael Bloomberg Net Worth

$75 billion

Est. Range $58.1B - $91.9B

Medium Confidence

Michael Bloomberg is a businessman, politician, philanthropist, and author who is the majority owner, co-founder and CEO of Bloomberg L.P. He was the mayor of New York City from 2002 to 2013. He is a candidate for the 2020 Democratic nomination for president of the United States.

You vs. Michael Bloomberg

How long would it take you to earn as much as Michael Bloomberg?

Richest Business

While many of us work in business, you’re not going to make your fortune staying at your day job – the average office worker in the US earns about $41,000 a year. If you manage to get to an executive level, you’re getting closer, but you still have a long way to go. If you can reach the top, CEO salaries know no bounds, but you’ll have to pick the right company!

Many of the wealthiest business people on our list are investment bankers or have done well on the share market. A few have inherited a business empire or secured a good chunk of shares in a blue-chip company through a sizeable divorce settlement. Others are lucky enough to be friends with a “generous” head of state (aka Putin) and find that their wealth can grow to unprecedented levels when supported by state-backed enterprises.

Nowadays though, it’s harder to start traditional business empires from scratch. Media moguls have fallen out of favour in recent years and the big names on this list come from tech. Bill Gates has been a stalwart and is now accompanied by Zuckerberg, Bezos, Musk. Innovation is the key to wealth, but only if you can get the cash, confidence and idea to really make it big.

Buying Power

Michael Bloomberg's net worth of 75 billion can buy...

570602x
Tesla Model S
Priced at $131,440
122950x
Prestige 420 yacht
Priced at $610,000
1973x
Gulfstream G450
Priced at $38,000,000

Methodology

The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.

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