Bloomberg wins New York mayoral race
NEW YORK - Michael Bloomberg, founder of the eponymous financial publishing and media empire, has, with the help of his private fortune, been elected as the 108th mayor of New York City.
Representing the Republican Party, the campaign -- funded to the tune of $50m -- was Bloomberg's first foray into politics.
He will now need all his wits to lead a city still coming to terms with the atrocities of September 11 and mourning the imminent departure of much-loved-of-late mayor Rudolph Giuliani.
Last night in a speech to supporters, Bloomberg said, "Tonight is not about Republicans and Democrats, it's about New Yorkers."
Bloomberg set up his information network in 1981 after leaving Salomon Brothers. It now offers services such as Bloomberg News and Bloomberg Television and has expanded into Europe.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the Forum here.
Latest jobs Jobs web feed
- Account Director - Top London Advertising Agency c£50k Fill Recruitment Ltd c£50k, Central London
- Senior Brand Manager Ball & Hoolahan £55,000 + Car/Car Allowance, London
- Senior CRM Planner Direct Recruitment £80,000 - £95,000, Central London
- Planner Direct Recruitment Up to 60k plus benefits, Central London
- Junior Recruitment Consultant, Insight Team Hasson Associates £Competitive , Central London
- UK Digital Lead Hasson Associates £70,000 - £83,000, Central London