Michael Bloomberg: Everything you need to know about the 2020 presidential candidate

Michael Bloomberg                        Paul Morigi/Getty Images

 

Education: He earned a masters in business administration from Harvard Business School in 1966 and a bachelor of arts degree from John Hopkins University in 1964.

What he does now: He stepped down from his duties with Bloomberg LP when he launched his campaign for president.

What he used to do: From 2002 to 2013, he served as mayor of New York City. Bloomberg is a former Wall Street executive and founder of Bloomberg LP.

One of the core tenants of Bloomberg’s campaign is job creation. His company, Bloomberg LP, currently employs nearly 20,000 people. He “will work to strengthen the middle class, invest in education, create good-paying jobs in renewable energy and other industries,” according to his campaign website. As mayor of New York City, he created the Small Business Solutions Center that offered free services to nearly 10,000 business throughout the city.

On the topic of immigration, the former New York City mayor has insisted on more lenient policies compared to those of the incumbent President Donald Trump. While speaking to reporters in Phoenix on Nov. 26, he said, “Ripping kids away from their parents is a disgrace.”

The former mayor announced on Nov. 23 that he will not be taking any donations.

“I’m going to finance a campaign — if there is one — with my own money so I don’t owe anybody anything,” he said.

 

When he served as New York City’s Mayor, he earned a salary of $1 per year and often took the subway to work.

Article URL : https://abcnews.go.com/Politics/michael-bloomberg-2020-presidential-candidate/story?id=61137437&cid=clicksource_4380645_null_icymi_hed

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