Steve Ballmer net worth
Current Net Worth – $86.2 Billion (USD – 8,620 Crores), (Rupees – 6.68 Crores)
Steve Ballmer short biography
| Net Worth | $86.2 Billion |
|---|---|
| Born | March 24, 1956 (Age – 65) |
| Identified as | Former CEO of Microsoft |
| Status | American Businessman & Investor |
| Education | Harvard University, Bachelor of Arts/Science; Stanford University (Drop Out) |
| Nationality | United States |
| Residence | Hunts Point, Washington |
| Spousal status | Married (Connie Snyder M. – 1990) |
| Children | 3 |
Steven Anthony Ballmer has a net worth of $86.2 Billion (Rupees – 6,68,813 Crores), making him one of the richest men in the world among Sergey Brin, Larry Ellison, and Warren Buffett.
He is a businessman and investor from the United States who served as the CEO of Microsoft from 2000 until 2014.
He is the current owner of the National Basketball Association’s Los Angeles Clippers (NBA).
In 2003, Ballmer sold 39.3 million Microsoft shares for $955 million, bringing his stake in the company down to 4%.
From 2001 until 2006, Ballmer was a director of Accenture Ltd. and a general partner of Accenture SCA.
Since 2014, he has increased his generosity, donating nearly $2 billion to a donor-advised fund focused on pulling Americans out of poverty.
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Steve Ballmer biography
| Full Name | Steven Anthony Ballmer |
| Birthplace | Detroit, Michigan, U.S. |
| Height | 5.7 feet, 170 cm |
| Weight | 80 Kg |
| Father | Frederic Henry Ballmer |
| Mother | Beatrice Dworkin |
Steve Ballmer was born on March 24, 1956, in Detroit, Michigan, he is the son of Beatrice Dworkin and Frederic Henry Ballmer, a Ford Motor Company manager.
His father, a Swiss immigrant, prophesied that his son would attend Harvard when he was eight years old.
His mother was a Jewish woman from Belarus.
He is a second cousin of actress and comedian Gilda Radner through his mother.
After Roberto Goizueta, Ballmer became the second person to become a billionaire in US dollars as a result of stock options he got as an employee of a company in which he was neither a founder nor a family of a founder.
His social media handle:
Education
From 1964 to 1967, Ballmer resided in Brussels, where he attended the International School of Brussels.
In 1973, he enrolled at Lawrence Technological University for college prep and engineering studies.
He received a Bachelor of Arts in applied mathematics and economics from Harvard University in 1977, graduating magna cum laude.
After dropping out of Stanford’s MBA program, he joined Microsoft as employee number 30 in 1980.
After briefly attempting to create scripts in Hollywood, Ballmer walked out of Stanford Graduate School of Business to join Microsoft in 1980.
Career
Ballmer joined Microsoft on June 11, 1980, as the company’s 30th employee and Gates’ first business manager.
Ballmer was given a $50,000 salary as well as a 5-10% stake in the firm. Ballmer held 8% of Microsoft at the time of its incorporation in 1981.
He served as Executive Vice President, Sales, and Support, beginning in February 1992.
Ballmer described Microsoft’s 1997 move to invest in Apple to preserve the company from bankruptcy as the “craziest thing we have ever done” in 2015. Apple had become the most valuable business in the world by 2015.
Ballmer was appointed to the position of CEO on January 13, 2000. Ballmer oversaw the company’s finances and day-to-day operations as CEO.
He hired B. Kevin Turner, the President and CEO of Sam’s Club at Walmart, was Microsoft’s Chief Operating Officer in 2005.
Microsoft’s stock price remained flat during Ballmer’s time as CEO. The company’s yearly revenue rose by 215 percent to $70 billion, while its net income increased by 215 percent to $23 billion.
Ballmer gave the opening speech at CES in 2009, the first time after Bill Gates stepped down from day-to-day administration at Microsoft.
Ballmer announced his retirement from Microsoft on August 23, 2013, saying he will step down in the following 12 months. The new CEO would be chosen by a special group that includes Bill Gates.
Satya Nadella succeeded Steve Ballmer as CEO on February 4, 2014.
Ballmer put $59 million into Social Solutions, a company that develops software for NGOs and government agencies, in 2018.
Private & early life
Ballmer married Connie Snyder in 1990, and the couple has three boys.
Hunts Point, Washington is where the Ballmers call home.
Philanthropy
Ballmer and his wife Connie made a $50 million donation to the University of Oregon on November 12, 2014.
On November 13, 2014, Ballmer stated that he will provide a $60 million contribution to Harvard University’s computer science department.
Ballmer is a member of the Jewish National Fund’s World Chairman’s Council, which implies he has given the JNF at least $1 million.
Net worth statistics
- October 2016 – $27.5 B
- March 2017 – $30.0 B
- October 2017 – $33.6 B
- March 2018 – $38.4 B
- October 2018 – $42.3 B
- March 2019 – $41.2 B
- October 2019 – $51.7 B
- April 2020 – $52.7 B
- September 2020 – $69.0 B
- April 2021 – $68.7 B
- April 2022 – $91.4 B
Steve Ballmer Quote
“Accessible design is good design.”
– Steve Ballmer
