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Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empire

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Fortune
Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empireWorldPing
Image via Fortune.

What happened

Mike Bloomberg started at Salomon Brothers as a clerk making $9,000 a year, making his way up to partner, before getting the boot.

He has no hard feelings, and learned critical lessons from the rejection.

Key facts

  • Mike Bloomberg started at Salomon Brothers as a clerk making $9,000 a year, making his way up to partner, before getting the boot.
  • Reported by Fortune and published Sun, 13 Sep 2026 13:30:45 UTC.

Why it matters

Economic releases and corporate results feed directly into rate expectations, currency moves and equity pricing, so the detail here often matters more to markets than the headline itself.

What to watch next

  • Revisions to the initial figures once fuller data is released
  • How rate expectations and index futures respond
  • Guidance or commentary from the companies and policymakers involved

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. UK government to offer clearer guidance on student loans after repayment row

  2. Anne Hathaway says she was spammed with ChatGPT-written thank you notes after hiring for a recent role: ‘Nobody on that list gets that job’

  3. Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empire

Sources

The original report was published by Fortune. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Fortune

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