Yesterday we listed 10 media/web billionaires and where they landed on the Forbes 2009 list of the World’s Billionaires. Of the 10 names in our post, only Oprah Winfrey saw her net worth grow last year. But we overlooked a media titan who also grew his wealth this past year, even though he only makes $1 a year for his service to the community.
See who after the jump…
New York City mayor Michael Bloomberg is #17 on the Forbes list with a net worth of $16 billion. He made his fortune from the privately-held Bloomberg financial news and services company. From Forbes:
Today he owns 88% of the financial data and news outfit he founded in 1982. Boston-born son of accountant got engineering degree from Johns Hopkins, M.B.A. from Harvard. Became a trader at Salomon Brothers 1970s, quit with $10 million in stock. Created financial information services firm Innovative Market Systems to sell financial data, analytic tools to Wall Street. Renamed Bloomberg LP 1987; added news service, magazine, cable network, radio station. Has given away nearly $800 million to charity in the past 5 years.