Missing alongside Mike Lynch, the British Bill Gates, after their yacht sank near the coast of Sicily, more and more people are wondering about Jonathan Bloomer’s net worth. Thus, in this piece, we explore his finances, controversies, and personal life.
Who is Jonathan Bloomer?
Jonathan Bloomer is the Chairman of Morgan Stanley International (NYSE: MS). He’s currently among the missing after Mike Lynch’s superyacht capsized off the coast of Sicily during a violent storm. Bloomer has held this position at Morgan Stanley since 2018 and is also the chairman of the international insurance group Hiscox.
Before his tenure at Morgan Stanley, he had a notable career in the insurance industry, including serving as the CEO of Prudential Financial until 2005. He was also involved in various other roles, such as chairing the audit committee of Autonomy during its controversial sale to HP (NYSE: HPQ).
What is Jonathan Bloomer’s net worth?
The Super Slice reports that Jonathan Bloomer’s net worth is around $15 million and that he accumulated by being in the financial and banking business for over 40 years.
How did Jonathan Bloomer make his money?
Jonathan Bloomer’s income sources primarily stem from his extensive career in the financial and insurance sectors. Here are the key sources of his income:
- Executive roles: Bloomer has held significant positions such as Chairman of Morgan Stanley International and CEO of Prudential Financial (NYSE: PRU). These roles come with substantial salaries and bonuses;
- Board memberships: He serves as the chairman of the international insurance group Hiscox, which also contributes to his income;
- Consulting and advisory: Given his expertise, he may also earn income through consulting and advisory roles in the financial industry.
Personal life and controversies
As a prominent figure in the world of finance, Jonathan Bloomer had a distinguished career but also faced various controversies. Born in the UK, Bloomer kept much of his personal life private. He is married to Judy Bloomer, and they are both active philanthropists.
Professionally, Bloomer served as the CEO of Prudential Financial until 2005, a period that saw the company navigate through the dot-com crash and the aftermath of 9/11. His tenure ended amid disagreements over the company’s direction, leading to his departure.
One of the more notable controversies involving Bloomer was his role as the chairman of the audit committee during the sale of Autonomy to HP in 2011. The sale later led to a high-profile fraud case against Autonomy’s founder, Mike Lynch. Bloomer testified during the trial, stating that Lynch was more focused on strategy and new products rather than financial details.
Recently, Bloomer has been missing after a tragic incident when Mike Lynch’s superyacht capsized off the coast of Sicily during a violent storm. At the time of writing this, the search is still ongoing.
The bottom line
Despite being missing along with Mike Lynch and several others after their yacht sank off the coast of Sicily, the primary focus for many remains on Jonathan Bloomer’s net worth of $15 million. Over a 40-year career in banking, he established himself as a leading figure in the world of finance, which his personal wealth clearly demonstrates.
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Source: https://finbold.com/jonathan-bloomer-net-worth/