Bloomberg L.P.

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Bloomberg L.P.
Company type Private , limited partnership
Industry Technology , mass media
Founded October 1, 1981 ; 42 years ago  ( 1981-10-01 ) [1]
Founders Michael Bloomberg
Thomas Secunda
Duncan MacMillan
Charles Zegar [2]
Headquarters Bloomberg Tower
731 Lexington Avenue,
Number of locations
167 offices (2019) [3]
Key people
Peter Grauer ( chairman )
Michael Bloomberg
( co-founder & CEO )
Revenue Increase US$ 10 billion (2019)
Owner Michael Bloomberg (88%) [4]
Merrill Lynch
Number of employees
20,000
Website bloomberg .com

Bloomberg L.P. is a privately held financial , software , data , and media company . It is headquartered in Midtown Manhattan , New York City . It was founded by Michael Bloomberg in 1981 along with a 12% ownership investment by Merrill Lynch . [5] It is the world leader in financial market information. It has terminals which combine news and data with messaging, and are in trading rooms all round the world. [6]

The company has become very big and made Michael Bloomberg wealthy , but many employees , especially women , felt that it was a very difficult company to work for. [7] [8]

References [ change | change source ]

  1. "Washington Friday Journal" . C-SPAN . April 26, 1996 . Retrieved January 20, 2010 . Started the company the day after I left Salomon Brothers, October 1, 1981, so we're coming on our fifteenth year ? anniversary.
  2. "The Bloomberg Bunch" . CNNMoney . Retrieved December 13, 2011 .
  3. "About Bloomberg" . Bloomberg . Retrieved 2019-05-29 .
  4. "#10 Michael Bloomberg" . Forbes . 2018 . Retrieved October 17, 2018 .
  5. "Bloomberg LP History" . FundingUniverse . Retrieved July 17, 2010 .
  6. Asgari, Nikou (2023-11-16). "LSE Group: when equities are no longer the stock in trade" . Financial Times . Retrieved 2023-11-16 .
  7. North, Anna (2020-02-20). " "I'd like to do that piece of meat": The sexism allegations against Bloomberg, explained" . Vox . Retrieved 2020-10-28 .
  8. Feuer, Alan (2008-05-02). "54 More Women Accuse Bloomberg Firm of Bias" . The New York Times . ISSN   0362-4331 . Retrieved 2020-10-28 .