
Moreover, military experts and Selective Service officials rejected the claim that flat feet would flat-out disqualify someone from enlisting. The Army unit he was poised to join didn't exist, which Bloomberg's campaign admitted. Selective Service records discredit that account, indicating Bloomberg never volunteered to serve. Bloomberg further asserted that he secured "a commitment from an Army unit that would make a second lieutenant" but got rejected because of his flat feet. As detailed in an investigation by the New York Daily News, he claimed in his book and campaign brochures that while attending Harvard Business School, he "volunteered" to serve in Vietnam. In 2001, then-mayoral candidate Michael Bloomberg faced unwanted scrutiny over claims he made in his memoirs. Regardless of whether he passes your smell test, the man has had a controversial life, and today, we're taking a look at the untold truth of Michael Bloomberg.

Time will tell if Bloomberg comes out smelling like a rose, but his past was definitely thorny at points. Per The Globe Post, he kicked off his campaign with the "single biggest one-week ad buy for a presidential campaign in U.S. Well-known for donating to philanthropic causes, Bloomberg used the power of his purse to make waves in the 2020 presidential race without qualifying for debates or participating in early primaries. Bloomberg would make his own headlines as mayor of New York, even spearheading legislation that allowed him to serve a third term. As business boomed, the company "branched into" the news industry. If included on his index, he would currently rank as the 16th wealthiest person on Earth.Īs Biography details, Bloomberg amassed his humongous fortune with the game-changing computer terminals he started selling to investment banks in the early 1980s. He just doesn't boast it on Bloomberg News because it doesn't cover its parent company, Bloomberg LP, or the father of that company, Michael Bloomberg. As of this writing, he boasts a net worth of $55.5 billion, according to Forbes.

Every day, Bloomberg News updates its Bloomberg Billionaires Index, which purportedly ranks "each of the world's 500 richest people." Yet every day, eponymous billionaire Michael Bloomberg is conspicuously missing from the list.
