Bloomberg to Return to His Company After Term Ends

Thursday, 07 Nov 2013 12:35 PM

By Lisa Barron

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Outgoing New York Mayor Michael Bloomberg plans to go back to his namesake financial information and media company, Bloomberg LP, after his third term in office ends Dec. 31.

The 71-year-old politician, businessman, and philanthropist will focus primarily on Bloomberg’s online opinion site, Bloomberg View, reports Capital New York.

Bloomberg, who founded the company in 1981 and spent the next two decades as its chairman and CEO, is expected to write for the website and land prominent guest contributors, according to Capital.

Bloomberg View was launched in 2011 as part of the company’s attempt to appeal to a broader audience rather than just the financial professionals who use its terminal and news services.

As part of Bloomberg’s plan, he reportedly intends to move Bloomberg View from its current location, in the same building as his philanthropic organization, to the main Bloomberg headquarters in Manhattan.

One thing Bloomberg has ruled out is a 2016 bid for the White House. In an interview on CNN Wednesday, when asked if he might play a role in the next presidential election, he said, "Let me guarantee you two things: No. 1, I will vote, and No. 2, I won’t be running."

In terms of something in the middle, he added, "It depends who’s running, and whether I want to support them, whether I want to get involved. I’ve got more things to do, going forward, than I can handle. In fact, I’ve got to start learning how to say no to new things."

Bloomberg is also planning a two-week vacation following successor Bill de Blasio’s inauguration on Jan. 1, reports The Wall Street Journal, and he will continue to do his philanthropic work.

Related stories:
What Others See in Future for Michael Bloomberg
Bloomberg, Rubio Disagree on Need for GOP Centrism



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Florida Man Convicted of Killing Unarmed Teen Over Loud Music

Wednesday, 01 Oct 2014 21:22 PM

A Florida jury found Michael Dunn, a middle-aged white man, guilty of first-degree murder on Wednesday in the shooting d . . .

NY Post Settles Boston Marathon Bombing Lawsuit

Wednesday, 01 Oct 2014 22:23 PM

The New York Post has reached a settlement in a Boston Marathon bombing defamation suit.
 . . .

Dick Morris: Obama Went Out of Way to Miss Intelligence Briefings

Wednesday, 01 Oct 2014 11:15 AM

President Barack Obama has missed 58 percent of the national security intelligence briefings during each of his terms in . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved