2. Income & Salary

Bloomberg’s åÊfirst job out of graduate school was on Wall Street with the Salomon Brothers. åÊHe did well during his time there and it was not long until he was partner in 1972. åÊSalomon was bought out in 1981, and Bloomberg struck out on his own forming Bloomberg L.P. that built financial software, which ended up revolutionizing Wall Street and becoming a standard must-have tool for traders. åÊBloomberg L.P. became extremely successful and had offices all around the world within a short time. åÊNow the services has expanded to include news with it’s own financial cable new station. åÊ After dominating the financial software niche Bloomberg went into politics and became mayor of New York City for 12 years. åÊWhile there he famously was able to tackle tough “untouchable” issues such as obesity. åÊBloomberg helped pass laws to limit the size of sodas and requiring restaurants such as McDonalds to post calorie information inside their store. åÊNow in New York City with obesity becoming an extremely expensive and dangerous health problem retailers are actually not allowed to sell soda in sizes larger than 16 ounces. New York City also led the front on anti-smoking laws that became the standard for the rest of westernåÊEurope as well as the rest of the United States.

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