Michael Rubens Bloomberg (born February 14, 1942) is an American businessman, philanthropist, and the Mayor of New York City. He gained his wealth as the founder of financial news and data company Bloomberg L.P. Although a lifelong Democrat, he ran on the Republican ballot and was elected mayor in 2001, then reelected to a second term in 2005.
He was frequently mentioned as a possible independent candidate for the 2008 presidential election and fueled that speculation when he left the Republican Party in June 2007. He repeatedly denied any plans to run and said the news media had concocted rumors of his possible presidential bid. He ended speculation on the matter in a February 2008 New York Times Op-Ed piece where he wrote "I listened carefully to those who encouraged me to run, but I am not — and will not be — a candidate for president."
