Bloomberg L.P.

Bloomberg L.P.
Company typePrivate, limited partnership
IndustryTechnology, mass media
FoundedOctober 1, 1981; 43 years ago (1981-10-01)[1]
FoundersMichael Bloomberg
Thomas Secunda
Duncan MacMillan
Charles Zegar[2]
HeadquartersBloomberg Tower
731 Lexington Avenue,
New York City, New York
Number of locations
167 offices (2019)[3]
Key people
Peter Grauer (chairman)
Michael Bloomberg
(co-founder & CEO)
RevenueIncrease US$10 billion (2019)
OwnerMichael Bloomberg (88%)[4]
Merrill Lynch
Number of employees
20,000
Websitebloomberg.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

  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.