Michael Bloomberg is worth $94.9 billion, anchored by his roughly 88% stake in Bloomberg LP, the financial-data and media company he cofounded in 1981. His assets include that private company stake, homes in Manhattan, Southampton, London and Bermuda, and multibillion-dollar philanthropic commitments. USA Today, reporting Forbes data for the 2026 Forbes 400, ranks him No.
16 at $94.9 billion at age 84 Forbes 400 ranking reported by USA Today. InfluenceWatch reports he retains about 88% ownership, so the private stake drives most of his fortune. For readers tracking wealth, that structure means company performance moves the headline number more than any single house or gift.
Table of Contents
- Where does his fortune come from?
- How does Bloomberg LP make money?
- What property does he own?
- Where do his big gifts go?
- Why do published totals differ?
Where does his fortune come from?
Bloomberg LP is the core holding. InfluenceWatch, updated in 2026, says Bloomberg cofounded the firm in 1981 and keeps about 88%.
Expanded Ramblings, compiling Bloomberg stats for 2026, puts staff at 20,000 to more than 26,000 across 120 countries and 159 locations. Annual revenue exceeds $10 billion, largely from financial products. That scale explains why one private stake can support a near-$95 billion valuation.
How does Bloomberg LP make money?
GOBankingRates reported in January 2026 that the Bloomberg Terminal has about 325,000 to 350,000 subscribers worldwide Terminal pricing breakdown from GOBankingRates. Annual cost runs roughly $24,000 to $32,000 per user, and the Terminal supplies most company revenue.
That fee base is recurring and tied to finance demand. For wealth tracking, watch subscriber counts and fee levels rather than headlines about other ventures.
What property does he own?
27East reported in July 2011 that the Southampton home, Ballyshear, is a 12-bedroom 22,000-sq-ft Georgian mansion on 35 acres bought for $20 million Hamptons purchase report from 27East. The U.S. portfolio also includes the 7,500-sq-ft townhouse at 17 East 79th St.
in Manhattan. Haute Living reported in August 2015 that the London buy was a 1715 seven-bedroom Thames-view mansion for about $25 million. A Bermuda estate adds a third region to the property mix.
- Manhattan: 7,500-sq-ft townhouse at 17 East 79th St.
- Southampton: 22,000-sq-ft Ballyshear on 35 acres.
- London and Bermuda: Thames-view mansion plus island estate.
Where do his big gifts go?
Johns Hopkins Hub announced on July 8, 2024, a $1 billion gift from Bloomberg Philanthropies for medical-school aid Johns Hopkins Hub gift announcement. It covers full tuition plus living costs for most MD students from families earning under $300,000, with expanded nursing and public-health aid.
SDG News reported in June 2026 a $590 million environmental commitment, including $260 million to expand the Bloomberg Ocean Initiative to $635 million total. Its reporting also puts 2025 giving at $4.3 billion, topping U.S. donors.
Why do published totals differ?
Because Bloomberg LP is private, net worth is an estimate that moves with valuation methods and timing. Forbes listed $94.9 billion on the 2026 Forbes 400 and $109 billion on its March 2026 world list, according to USA Today and MediaAirBase.
Use a Forbes real-time page for the current figure and cite the list date. For property or gift totals, rely on the dated source amounts above rather than adding appreciation or pledges together.