Thomas Secunda Net Worth

Thomas Secunda net worth is
$2.5 Billion

Thomas Secunda Wiki Biography

Thomas Secunda was born in 1954 in Bethpage, New York State USA of part-Jewish ancestry, and is an American businessman and entrepreneur, who is widely known for being one of the four co-founders of the financial company Bloomberg L.P., in which he currently serves as a vice-chairman.

Have you ever wondered how much wealth this financial expert has accumulated so far? How rich Thomas Secunda is? According to sources, it is estimated that the total of Secunda’s net worth, as of May 2017, revolves around the sum of $2.5 billion, and includes 4% stake in Bloomberg’s. It has been acquired through his business career in finance, which has been active since the early 1980s.

Thomas Secunda Net Worth $2.5 billion

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Thomas attended State University of New York Binghamton University, from which he graduated with a Bachelor of Science degree in Mathematics, later also obtaining his Master of Science degree from the same university. He began his professional career at Morgan Stanley, where as a programmer, served as a fixed-income trader. He then transferred to Salomon Brothers where he began working as a systems researcher. These engagements provided the basis for Thomas Secunda’s nowadays rather impressive net worth.

While working at Solomon Brothers Thomas met Charles Zegar, Michael Bloomberg and Duncan MacMillan, with whom in 1982 he co-founded Innovative Market Systems. The company was rebranded to Bloomberg L.P. in 1987, and since then has managed to established itself among the leaders in global financial business. Today, Bloomberg L.P. operates with data, media as well as with financial software, providing software tools, trading platforms, services and analytics. It also contains several daughter companies such as Bloomberg Television, Bloomberg News as well as a radio station and three magazines – Bloomberg Pursuits, Bloomberg Businessweek and Bloomberg Markets, among a dozen of others. It is certain that all these successful business ventures have helped Thomas Secunda to dramatically increase the total of his net worth.

Apart from being one of the co-founders, Secunda additionally serves as the chief of Bloomberg’s Financial Products and Services department, continuously contributing to companies financial products. Since July 2011, Secunda also serves as a company vice-chairman. Thomas’ role in developing and expanding Bloomberg to a global financial leader with almost $9 billion in revenues and over 19,000 employees as well as more than 320,000 business subscribers, is more than significant. Certainly, all these achievements have helped Thomas to gain an astonishing wealth.

When it comes to his personal life, Thomas Secunda has been married to Cynthia Cohen with whom he has two daughters. With his family, Secunda resides in Croton-on-Hudson, New York.

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Apart from business and Bloomberg, Thomas Secunda is also widely known as a philanthropist, and the founder and chairman of Secunda Family Foundation – an organization focused on developing and improving education, health as well as arts. As an avid environmentalist, Thomas is also involved within the National Parks Conservation Association in which he serves as a member of the board. He is also a supporter of the American Israel Education Foundation, American Jewish Joint Distribution and Interpid Museum Foundation.