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Michael Bloomberg was fired at 39 after 15 years on Wall Street; he used his $10 million payout to build a

  • Posted on September 8, 2026
  • By Business News Today
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  • 1 min read
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Michael Bloomberg was fired at 39 after 15 years on Wall Street; he used his $10 million payout to build a
Michael Bloomberg was fired at 39 after 15 years on Wall Street; he used his $10 million payout to build a

Michael Bloomberg's 15-year career at Wall Street investment bank Salomon Brothers came to an end in 1981 when he was fired. He used the career setback and invested his $10 million payout to build a $109 billion fortune, also known as Bloomberg. He has donated $1.8 billion to Hopkins University and billions for public health and welfare causes.
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