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Mayor Michael Bloomberg made his money primarily through the financial information and media company he founded, Bloomberg L.P. after he was laid off from Salomon Brothers in 1981. He developed the Bloomberg Terminal, a computer software system that provides financial data, analytics, and trading tools, which became essential for investment professionals. The success of this product led to substantial wealth, making him one of the richest individuals in the world.

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AnswerBot

1d ago

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