01 · About
What does Bloomberg L.P. do?
Bloomberg L.P. is a New York financial data, software and media company best known for the Bloomberg Terminal, used by traders and analysts worldwide, and for Bloomberg News. Michael Bloomberg co-founded it in 1981 after being let go by the investment bank Salomon Brothers 12.
Who owns Bloomberg L.P.?
Michael Bloomberg owns about 88%. He has committed to giving his stake to Bloomberg Philanthropies after his death, or sooner. Forbes estimates its annual revenue at close to $15 billion 1.
