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Posts Tagged ‘Michael Bloomberg’

Bill Gates Tops Forbes’ ‘Richest People on The Planet’ List

bill-gates-speaks-out-about-windows-8-video-bc90b4f0b8Bill Gates is back on top. Forbes has named the 58-year-old Microsoft founder the richest person on the planet, a spot he had lost to Carlos Slim for the past four years.

Gates is now worth $76 billion. He’s followed closely by Slim, worth $72 billion. Rounding out the top five Richest People on the Planet list are Amancio Ortega ($64 billion), Warren Buffett ($58 b) and Larry Ellison ($48 b).

Below are some other highlights from the Forbes list. Click here for the entire thing. But only do so if you enjoy being jealous.

  • 172 women made the list, the most ever
  • David Thomson, chairman of Reuters, is the richest media person. He’s worth $22 billion. Michael Bloomberg is ranked 16 overall, worth $33 billion. Rupert Murdoch is ranked 78 overall, worth $13 billion.
  • Mark Zuckerberg was the year’s biggest gainer. His net worth jumped from $15 billion to $28 billion.

Bloomberg View Revamps Site, Adds Custom URL

Bloomberg View, the opinion arm of Bloomberg News, is growing up. The site now has its own URL (Bloombergview.com) and a brand new look.

The revamped View features responsive design which David Shipley, senior executive editor of the site, hopes will highlight its columnists.

“This updated website is the natural progression of our growth in the opinion space,” said Shipley, in a statement. “Bloomberg View’s reach has grown steadily since our inception nearly three years ago, and the redesign mirrors our evolution toward a core group of columnists and editorialists exploring and defining the issues of the moment.”

It’s not surprising that Bloomberg View has changed so drastically. When Michael Bloomberg rejoined Bloomberg Media, we noted that his focus would be on growing the site. When the boss man wants something, the boss man gets it.

Bloomberg Media’s CEO Talks Business

Justin Smith GJustin Smith, CEO of Bloomberg Media since late last summer, is speaking up about the company. In an interview with Ad Age, Smith discussed Businessweek, why Bloomberg TV is worth watching, and more. Below are a few highlights.

On Businessweek’s role at Bloomberg:

When we look at the financial performance of Businessweek, we don’t look at it in a silo; we look at in the broader role it plays in Bloomberg L.P. The same is true for a lot of our media assets. It’s a much broader perspective on the role of the Businessweek brand.

On the impact of Josh Tyrangiel, Businessweek’s editor, on Bloomberg TV:

Josh began taking on the TV responsibility, plus Businessweek, one month ago, beginning in January, so we’re sort of in the top of the first inning here. But the answer is yes. We’re looking to bring that kind of storytelling to the TV platform.

On how much he sees of Michael Bloomberg:

It is true that we’re working very near each other and he’s very interested in the media business, as he is his entire business.

Michael Bloomberg Funds African Media Initiative

BloombergC40JohannesburgIt’s called The Bloomberg Media Initiative Africa. It’s set to run at least three years and, per a report by SouthAfrica.info, the intent of the $10 million program is to underwrite financial journalism across the continent and advance transparency, accountability and governance within that discpline.

Michael Bloomberg announced the initiative Monday in Johannesburg at the C40 Cities Committee annual conference:

The initiative will provide cross-disciplinary education programs and mid-career fellowships to increase the number of highly trained business and financial journalists, convene pan-African forums to examine worldwide media best practices and support research to stimulate media innovations.

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The Most Popular FishbowlNY Posts for the Past Week

NewYorkDailyNewsForkgatePhoto_FeaturedHere’s a look at the FishbowlNY posts that made the most buzz this week.

1) New York Media Go to Town with #ForkGate

2) Jezebel Offers $10K for Unretouched Lena Dunham Photos to Prove… Something

3) NY Post Editor Calls Newtown Tragedy “Convenient Little Massacre

4) 5 Things Bloomberg LP Staffers Shouldn’t Say to Michael Bloomberg

5) Lena Dunham’s Vogue Cover is Here

Keep up-to-date with the latest FishbowlNY news. Click here to sign-up for the FishbowlNY daily newsletter, bringing you our articles each afternoon directly to your inbox.

5 Things Bloomberg LP Staffers Shouldn’t Say to Michael Bloomberg

Michael Bloomberg is back to his regular, boring old job at Bloomberg LP. The rumor is that he’ll be focusing his efforts on making Bloomberg View more popular. A memo obtained by Capital New York gives that some credence: Bloomberg will be setting up shop on the fifth floor, the same one that houses Bloomberg View, Bloomberg TV and Bloomberg Radio.

Bloomberg staffers are surely freaking out at the prospect of running into Bloomberg in the elevator or at the water cooler. However, little do they know that FishbowlNY is here to save the day. As always.

Below are five conversation starters that Bloomberg staffers should 100 percent avoid. If you happen to know a Bloomberg employee, please feel free to share the list.

What Bloomberg Staffers Shouldn’t Say to Bloomberg:

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Bloomberg Spent $650 Million of Own Money on Being Mayor

Say what you want about Michael Bloomberg as a media mogul and/or a mayor, but know this: The dude knows how to spend money. The New York Times reports that Bloomberg spent about $650 million (an ”undoubtedly low” estimate) of his own fortune during his time as mayor of this fine city.

What did Bloomberg spend all that money on? We’re glad you asked! Below are some of our favorites.

  • $62,400 — spent on cleaning two giant aquariums in City Hall, every week for the past 12 years
  • $500,000 — used to pay for a jaunt to China
  • $28 million — cost of a completely necessary private plane
  • $73 million — used to defeat Mark Green in the 2001 mayoral election. To Bloomberg’s credit, Green recalls him saying “Yeah, well, it was expensive.”

Bill O’Reilly Takes Over John R. Gambling’s Final WOR Show

JohnGamblingPicThe close of an epic radio run deserves an epic send-off. And so it is with Friday’s final episode of John R. Gambling‘s WOR-AM morning show.

The December 20 program brought to a close the continuous 88-year family radio dynasty of John G., father John A. and grandfather John B. Among those who phoned in Friday was Bill O’Reilly. The Factor host turned the tables on Gambling, noting that radio has changed over the years to become more like “pitched warfare” and asking his interviewer whether that is a good or bad thing:

“I think that it’s, ultimately, a bad thing,” Gambling answered. “In thinking about that question, and having been told that one of the reasons that people have listed to me and listened to all of the Gamblings is the civility…”

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Bloomberg Aides Take Issue with NY Times Piece on Homeless Girl

The New York Times’ sprawling, moving five-part piece on Dasani, a homeless girl, is getting some backlash from the office of Michael Bloomberg. In a Wall Street Journal op-ed, two Bloomberg aides called the Times series — by Andrea Elliott — “a misleading commentary on the tenure of Michael Bloomberg” and “a serious distortion of reality.”

The Bloomberg aides then go on to post all sorts of pro Bloomberg stats concerning his work with the homeless. The aides also expressed disappointment that despite the Times piece being 28,000 words, ”The author could not find room to print a single quote from us defending our record.”

In a response to the Bloomberg criticism, the Times’ assistant managing editor for investigations, Matt Purdy, explained that they would’ve loved to include a quote, but something funny happened: Elliott was told no quotes could be used:

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Lifelong New Yorker Makes His Case for Mayor’s Office of Music

Interesting guest op-ed today in Billboard. It was written by Justin Kalifowitz, founder and president of Downtown Music Publishing.

DowntownMusicPublishingLogoBefore launching his firm in 2007, Kalifowtiz was head of A&R at Spirit Music Publishing and also worked at RCA and Virgin Records. Along the way, he was at one point named to Billboard‘s “30 Under 30″ executives list. This “lifelong New Yorker” points to the success of Mayor Bloomberg‘s Office of Media and Entertainment as he makes the case for Bill de Blasio to consider a similar Office of Music:

It could initially focus on three key areas: encouragement of music production in New York through an extension of “Made in New York” benefits; simplification of the complex permit process associated with starting music venues and festivals; and expansion of public-private partnerships like Spaceworks that provide low-cost rehearsal studio options to the city’s artist community…

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