New York - Since returning to the financial information company that bears his name, Michael Bloomberg has presided over two years of robust expansion and record profits, all while laying the groundwork for his second departure - whether that’s to retirement in 10 years or a presidential campaign in 10 days.
Bloomberg is expected to decide within the next two weeks whether he will mount a third-party bid for the White House that could further upend a historically wild race, yet he can be found many mornings before 7:00 at his desk at Bloomberg LP’s gleaming Manhattan headquarters. Like all his employees, he doesn’t have a private office, instead sitting in open space in a floor plan that encourages interaction and discourages procrastination.
Despite pundits’ predictions, he has largely eschewed flashy media purchases by doubling down on the Bloomberg LP’s core business, its famed terminal and other financial products, which account for 95 percent of the company’s $9 billion annual revenue. He has expanded the company’s global footprint and demanded that it adapt to a changing financial world that has seen some traditional financial powers shrink after the Great Recession.... Read More: VIN