Thomas Secunda
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Thomas Secunda (born 1954) is an American billionaire businessman, best known as one of the four co-founders of
Bloomberg L.P. Bloomberg L.P. is an American privately-held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Ze ...
and its vice chairman. As of May 2025, his net worth is estimated at US$5.4 billion.


Early life

Thomas Secunda was born in 1954 in
Bethpage, New York Bethpage (formerly known as Central Park) is a Hamlet (New York), hamlet and census-designated place (CDP) located within the Oyster Bay (town), New York, Town of Oyster Bay in Nassau County, New York, Nassau County, on the South Shore (Long Isla ...
. He graduated from
Binghamton University The State University of New York at Binghamton (Binghamton University or SUNY Binghamton) is a public university, public research university in Binghamton metropolitan area, Greater Binghamton, New York, United States. It is one of the four uni ...
with bachelor's and master's degrees in mathematics. He is Jewish.


Career

Beginning his career as a programmer, Thomas Secunda worked as a fixed-income trader at
Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
, as well as a systems researcher at
Salomon Brothers Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five List of investment banks, largest investment banking enterprises in the United States and a very profitabl ...
, where he worked alongside future co-founder of Bloomberg L.P. and Mayor of New York City
Michael Bloomberg Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001 and again from 2014 to 2023. He served as the 108th mayo ...
. In 1982, Secunda joined his former Salomon Brothers colleagues Michael Bloomberg, Duncan MacMillan, and Charles Zegar to set up Innovative Market Systems, later renamed Bloomberg L.P. in 1987. He serves as the global head of Bloomberg’s Financial Products and Services where his primary responsibility is to help Bloomberg develop new features and tools for the Bloomberg Professional service, the company’s primary product, driving 85 percent of its estimated $7 billion in revenue. As head of Financial Products, Secunda oversees a global staff of 6,000. In July 2011, Secunda was appointed vice chairman of Bloomberg L.P. In addition to being one of the four co-founders of Bloomberg L.P., Secunda sits on the board of directors. When asked about Bloomberg, Secunda has said, "I'm immensely proud of the culture, the people and the company. The product is wonderful and I'm very proud of that as well."


Philanthropy

Secunda and his wife Cindy are signatories of the Giving Pledge.The Giving Pledge: "STATEMENT BY TOM AND CINDY SECUNDA TO 'THE GIVING PLEDGE'"
June 2011
The beneficiaries of the couple's charitable giving are primarily organizations that focus on "National Parks, local parks, conservation, healthcare and Jewish causes." Since devastating 2017 hurricane impacted the U.S. Virgin Islands and other parts of the Caribbean, Secunda has been deeply involved in reconstruction efforts there. In 2012, he was awarded the
Simon Wiesenthal Center The Simon Wiesenthal Center (SWC) is a Jewish human rights organization established in 1977 by Rabbi Marvin Hier. The center is known for Holocaust research and remembrance, hunting Nazi war criminals, combating antisemitism, tolerance educati ...
's award for his philanthropic work. He is one of the major donors to Empire AI, a consortium started by the New York state legislature in which top public and private academic institutions from the state will have access to the hardware that is supposed to enable them to "address the growing imbalance in computing power between industry and academe and to orient the future of AI development toward the public good."


Personal life

Secunda lives with his wife, Cynthia "Cindy" Cohen, who is also Jewish,New York Times: "Paid Notice: Deaths COHEN, BERNARD"
April 8, 2002
Temple Israel of Northern Westchester: "Temple Topics"
September 2012
and their two daughters in Croton-on-Hudson, New York.


References

{{DEFAULTSORT:Secunda, Thomas 1954 births American billionaires Bloomberg L.P. founders American corporate directors Binghamton University alumni 21st-century American philanthropists Living people 20th-century American Jews People from Bethpage, New York People from Croton-on-Hudson, New York 21st-century American Jews