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Michael Bloomberg was born at St. Elizabeth's Hospital, in the Brighton neighborhood of Boston, on February 14, 1942. Bloomberg's family is Jewish. Bloomberg's father, William Henry Bloomberg (1906-1963), was born in Chelsea, Massachusetts and worked as an accountant for a dairy company. He was the son of Alexander "Elick" Bloomberg, an immigrant from Russia.

On September 13, 2013, Bloomberg announced that he would not endorse any of then current candidates to succeed him. On his radio show, he stated, "I don't want to do anything that complicates it for the next mayor. And that's one of the reasons I've decided I'm just not going to make an endorsement in the race." He added, "I want to make sure that person is ready to succeed, to take what we've done and build on that." Prior to the announcement in an interview in New York magazine, Bloomberg praised The New York Times for its endorsement of Christine Quinn and Joe Lhota as their favorite candidates in the Democratic and Republican primaries. Quinn came in third in the Democratic primary and Lhota won the Republican primary. Earlier in the month, Bloomberg was chastised in the press for his remarks regarding Democratic mayoral candidate Bill de Blasio's campaign methods. Bloomberg said initially in the New York magazine interview that he considered de Blasio's campaign "racist" and when asked about his comment, Bloomberg explained what he meant by his remark. Well, no, no, I mean he's making an appeal using his family to gain support. I think it's pretty obvious to anyone watching what he's been doing. I do not think he himself is racist. It's comparable to me pointing out I'm Jewish in attracting the Jewish vote. You tailor messages to your audiences and address issues you think your audience cares about. On January 1, 2014, de Blasio became New York City's new mayor, succeeding Bloomberg.

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Michael Bloomberg