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Politics : Formerly About Advanced Micro Devices

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To: Sdgla who wrote (1202867)2/20/2020 7:55:55 PM
From: Brumar892 Recommendations  Read Replies (1) of 1583869
 

Bloomberg makes his money by renting financial data terminals.

A Bloomberg terminal is a computer system that allows investors to access the Bloomberg data service, which provides real-time financial data, news feeds, messages and also facilitates the placement of financial transactions.



They rent for $24,000 a year. And I've read there are over 368,000 out there. IOW Bloomberg makes more just from these terminals each year than Trump, who has NEVER been a billionaire, has ever fantasized about being worth.

Bloomberg's dad was a bookkeeper for a dairy. Bloomberg started the business Bloomberg started the business in 1981. So he is a real self-made billionaire.

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