Bloomberg L.P.

Bloomberg L.P.
	Bloomberg Tower on Lexington Avenue in Midtown Manhattan
Company type	Private
Industry	Technology, financial technology, mass media
Founded	October 1, 1981
Founders	Michael Bloomberg; Thomas Secunda; Duncan MacMillan; Charles Zegar;
Headquarters	Bloomberg Tower; 731 Lexington Avenue; New York, NY 10022; U.S.
Number of locations	176 offices (2021)
Area served	Worldwide
Key people	Vladimir Kliatchko (CEO); Jean-Paul Zammitt (president); Michael Bloomberg (CEO, 1981–2001; 2014–2023); Peter Grauer (chair, 2001–2023);
Revenue	US$10 billion (2019)
Owner	Michael Bloomberg (88%); Others (12%)[citation needed]
Number of employees	21,000
Website	bloomberg.com

Bloomberg L.P. is an American privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar,^[1] and a 12% ownership investment by Bank of America through its brokerage subsidiary Merrill Lynch.^[2]

Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and an equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product.^[3] Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: Bloomberg Businessweek and Bloomberg Markets.^[4]

As of 2019, the company has 176 locations and nearly 20,000 employees.^[5]^[6]^[7]

^ "Facebook's Zuckerberg Joins Gates, Buffett in Pledge". Bloomberg. December 9, 2010. Retrieved January 3, 2012.
^ "Bloomberg LP History". FundingUniverse. Retrieved July 17, 2010.
^ "What is a Bloomberg Terminal or Bloomberg Machine?". About.com. Archived from the original on July 8, 2012. Retrieved July 17, 2010.
^ "The Bloomberg Juggernaut". American Journalism Review. March 1, 2011. Archived from the original on October 12, 2012. Retrieved October 26, 2011.
^ "Michael Bloomberg to be Harvard Business School's Class Day Speaker". Harvard Business School. March 29, 2019. Retrieved December 23, 2024.
^ Campbell, Dakin; Kelley, Trista. "A leaked memo shows Bloomberg reached $10 billion in annual revenue last year, and some insiders will receive a special bonus". Business Insider. Retrieved May 29, 2019.
^ "Global Roles | Careers". Bloomberg L.P. January 27, 2021. Retrieved December 22, 2021.

[1] "Facebook's Zuckerberg Joins Gates, Buffett in Pledge". Bloomberg. December 9, 2010. Retrieved January 3, 2012.

[2] "Bloomberg LP History". FundingUniverse. Retrieved July 17, 2010.

[3] "What is a Bloomberg Terminal or Bloomberg Machine?". About.com. Archived from the original on July 8, 2012. Retrieved July 17, 2010.

[4] "The Bloomberg Juggernaut". American Journalism Review. March 1, 2011. Archived from the original on October 12, 2012. Retrieved October 26, 2011.

[5] "Michael Bloomberg to be Harvard Business School's Class Day Speaker". Harvard Business School. March 29, 2019. Retrieved December 23, 2024.

[bloom-6] Campbell, Dakin; Kelley, Trista. "A leaked memo shows Bloomberg reached $10 billion in annual revenue last year, and some insiders will receive a special bonus". Business Insider. Retrieved May 29, 2019.

[7] "Global Roles | Careers". Bloomberg L.P. January 27, 2021. Retrieved December 22, 2021.

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