How Michael Bloomberg Made $59 Billion With Only 325,000 Customers

Usually, when we think of decabillionaires, we think of founders of companies who serve hundreds of millions of customers if not billions of customers around the world. In most cases, a large audience is required to accumulate such extreme amounts of wealth. Michael Bloomberg, however, has grown a net worth of $59 billion with only 325,000 annual customers. The key to Bloomberg's small customers base is large amounts of revenue and profit from each customer. Bloomberg charges $2000 per month to get access to his financial service, the Bloomberg Terminal. With 325,000 customers paying $2000 per month, Bloomberg is able to bring in $7.8 billion in revenue per year. This video explains how Michael Bloomberg was able to grow such a high-value customer base and why banks and wall street pay Bloomberg so much. Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Bloomberg’s Cash Cow 1:12 - Intro To Wall Street 4:20 - Innovative Market Systems 6:36 - Rise Of Bloomberg LP 8:16 - Conquering The Market Thumbnail Credit: https://bit.ly/3rqqSvo Resources: https://pastebin.com/9NiqA0KF

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