Business Leaders Get Involved in Politics

While many people may believe that politics and business are two separate arenas, there are many similarities between the two. Both business leaders and politicians deal with many of the same issues in the workplace such as health care and immigration. The following lists some famous business leaders who made the jump to politics and some of the issues that have defined them.

Michael Bloomberg
Bloomberg is a businessman, the 7th richest person in America, and has been mayor of New York City since taking office in 2002. He has engaged in politically hot issues, especially those involving health care and the obesity epidemic. As a businessman, Bloomberg stirred up a lot of controversy by trying to ban businesses from selling large sized sugary drinks. A state appeals court overturned the ban.

Steve Forbes
Forbes has been editor in chief of the magazine by the same name. He has proposed a flat tax as well as linking the dollar to gold again to revive the economy. Forbes recently wrote that he supports a path to eventual citizenship for children who are here illegally. Some of his other proposals have drawn criticism from his own political party.

Jon Corzine
Corzine is a financial executive who spent over 20 years at Goldman Sachs. He mixed business and politics for several years by being governor of New Jersey from 2006 to 2010 and then holding the position of CEO at MF Global from March 2010 to November 2011. Political rivals have accused him of possibly lying before congress concerning the collapse of MF Global.

Linda McMahon
Linda McMahon, along with her husband Vince McMahon, was instrumental in developing the World Wrestling Federation into a multi-million dollar empire. Although she lost twice running for the US Senate she remains politically active. While many accuse her of ruthlessly running her business, others applaud her high energy and personal style.

Mitt Romney
Romney is one of the most well-known business leaders to throw his hat into politics. He not only ran Bain Capital but oversaw the 2002 Winter Olympics. One of his biggest controversies involved wanting to overturn President Obama’s healthcare law when he had enacted similar legislation while Governor of Massachusetts. Romney argued that what was intended to work on the state level should not necessarily be implemented on a national scale.