Bloomberg L.P. is a Financial Media Company founded by Michael Bloomberg in 1982. It provides financial news and data to financial companies and organisations in virtually every country in the world through the Bloomberg Terminal, its core money-generating product. Bloomberg L.P. has grown to include a global news service, including television, radio, the Internet and publications.
It was incorporated as a Delaware Limited Partnership (LP) in 1981 and has has been in business since 1983. Michael Bloomberg owns 72% of the group and receives an 84.55% share of the profits, and claims credit for the same portion of its charitable giving.
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