Last updated on: 4/9/2014 | Author:

Michael Bloomberg, MBA Biography

108th Mayor of New York City
Con to the question "Should Marijuana Be a Medical Option?"

“There’s no ‘medical’ [marijuana]. This is one of the great hoaxes of all time. The bottom line is, I’m told marijuana is much stronger today than it was 20-30 years ago. I don’t have any personal experience, but in terms of today. So that’s one problem. And number two, drug dealers have families to feed. If they can’t sell marijuana, they’ll sell something else. And the something else is gonna be worse. The push to legalize this is just wrong headed. If you think about what they say, ‘It’s not gonna hurt anybody, it doesn’t lead to dependency.’ Of course it does… This stuff is very dangerous.”

The John Gambling Show with Mayor Mike, WOR 710 radio, May 31, 2013

Involvement and Affiliations:
  • Special Envoy for Cities and Climate Change, United Nations, 2014-present
  • Mayor, New York City, Jan. 1, 2002-Dec. 31, 2013
  • Chair, C40 Climate Leadership Group, 2010-2013
  • Chairman, Board of Trustees, Johns Hopkins University, 1996-2001
  • Launched Bloomberg News, 1990
  • Founder, Innovative Market Systems (later Bloomberg LP), 1981
  • Partner, Salomon Brothers, 1972-1981
  • Entry level position, Salomon Brothers, 1966-1972
  • MBA, Harvard Business School, 1966
  • BS, Electrical Engineering, Johns Hopkins University, 1964
  • Born in Boston on February 14, 1942
  • Twitter handle: @MikeBloomberg
  • Founded Bloomberg Philanthropies, which distributed $452 million in 2013
  • Has donated more than $2.4 billion to charity
  • Listed by Forbes as the 16th richest person in the world, with a net worth of $31.8 billion as of Apr. 9, 2014
Quoted in:
  1. Should Marijuana Be a Medical Option?