Bloomberg L.P.

Bloomberg L.P.
Company typePrivate
IndustryTechnology, financial technology, mass media
FoundedOctober 1, 1981 (1981-10-01)
Founders
HeadquartersBloomberg Tower
731 Lexington Avenue
New York, NY 10022
U.S.
Number of locations
176 offices (2021)
Area served
Worldwide
Key people
  • Vladimir Kliatchko (CEO)
  • Jean-Paul Zammitt (president)
  • Michael Bloomberg (CEO, 1981–2001; 2014–2023)
  • Peter Grauer (chair, 2001–2023)
Revenue US$10 billion (2019)
Owner
Number of employees
21,000
Websitebloomberg.com

Bloomberg L.P. is an American privately-held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Bank of America through its brokerage subsidiary Merrill Lynch.

Bloomberg L.P. provides financial software tools and enterprise applications such as analytics and an equity trading platform, data services, and news to financial companies and organizations through the Bloomberg Terminal (via its Bloomberg Professional Service), its core revenue-generating product. Bloomberg L.P. also includes a news agency (Bloomberg News), a global television network (Bloomberg Television), websites, radio stations (Bloomberg Radio), subscription-only newsletters, and two magazines: Bloomberg Businessweek and Bloomberg Markets.

As of 2019, the company has 176 locations and nearly 20,000 employees.