Thomas Secunda
Thomas Secunda | |
|---|---|
| Born | 1954 Bethpage, New York, U.S. |
| Occupation(s) | Entrepreneur, programmer, fixed-income trader, systems researcher |
| Years active | 1982–present |
| Known for | Co-founder and vice chairman of Bloomberg L.P. |
Thomas Secunda (born 1954) is an American billionaire entrepreneur, recognized as one of the quartet of founders behind Bloomberg L.P. and currently serving as its vice chairman. As of May 2025, his net worth is approximated at US$5.4 billion.
Early life
Born in 1954 in Bethpage, New York, Thomas Secunda obtained both his bachelor's and master's degrees in mathematics from Binghamton University. He is of Jewish heritage.
Career
Secunda began his professional journey as a programmer before transitioning to roles such as a fixed-income trader at Morgan Stanley and a systems researcher at Salomon Brothers. During his tenure at Salomon Brothers, he worked alongside Michael Bloomberg, who would later become both a co-founder of Bloomberg L.P. and the Mayor of New York City.
In 1982, Secunda partnered with Michael Bloomberg, Duncan MacMillan, and Charles Zegar to create Innovative Market Systems, which was rebranded as Bloomberg L.P. in 1987. He oversees Bloomberg’s Financial Products and Services division, concentrating on the innovation of tools for the Bloomberg Professional service—responsible for roughly 85% of the company's estimated $7 billion revenue. Secunda directs a worldwide team comprising approximately 6,000 employees. In July 2011, he was elevated to the role of vice chairman at Bloomberg L.P.
As both a founding member and board director, Secunda places significant value on the company’s culture, workforce, and the excellence of its products.
Philanthropy
Together with his wife Cindy, Secunda has pledged their commitment through the Giving Pledge. Their philanthropic interests cover areas such as national and local parks, conservation efforts, healthcare initiatives, and Jewish organizations. Following the destruction caused by the 2017 hurricane in the U.S. Virgin Islands and parts of the Caribbean, Secunda has been actively involved in supporting recovery projects there. In recognition of his charitable contributions, he was honored with an award from the Simon Wiesenthal Center in 2012. Additionally, he is a significant benefactor of Empire AI, a New York state alliance that enables leading academic institutions to access advanced computing infrastructure aimed at fostering balanced AI progress between industry and academia for societal benefit.
Personal life
Secunda resides in Croton-on-Hudson, New York with his wife Cynthia "Cindy" Cohen—who shares his Jewish faith—and their two daughters.