With a fortune of $33.7 billion, former New York City mayor Michael Bloomberg recently landed on our list of the richest self-made billionaires.
Though his 12-year run as mayor ended in 2013, the billionaire remains as busy as ever, and is spending plenty of money as he goes. After all, he hopes to give away his entire fortune before he dies.
From his early days working on Wall Street to his generous philanthropic donations, here's how Bloomberg made — and spends — his billions.
SEE ALSO: The 25 richest self-made billionaires
Born on Valentine’s Day in 1942, Bloomberg grew up in Medford, Massachusetts, a small town near Boston.
After graduating from Johns Hopkins with a degree in electrical engineering and earning an MBA from Harvard, Bloomberg landed a job at Salomon Brothers in New York City, where he spent countless hours counting out stocks and bonds in the bank’s vault. He eventually worked his way up the ranks and was named partner in 1972.
In 1978, he was put in charge of running the firm’s information technology division — a clear demotion. But he stayed at Salomon for three more years until the company merged with commodity trading firm Phibro in 1981 and let Bloomberg go, along with a severance check to the tune of $10 million.
See the rest of the story at Business Insider