Net Worth

Steve Ballmer: The Manager’s Fortune

How rich is Steve Ballmer?

Steve Ballmer was born on March 24, 1956 in Detroit (Michigan) and was CEO of Microsoft for several years. He has also been the owner of the Los Angeles Clippers NBA team since 2014. With his CEO position at Microsoft, he was able to build a fortune in the billions and is one of the richest people in the world. The cherished Steve Ballmer’s net worth is € 94.78 billion.

How he became a successful manager

Income from Steve Ballmer

In the 1970s he studied at Havard University, where he also met Bill Gates. He successfully completed his studies in economics and mathematics in 1977. After working briefly, he went on to Stanford University for an MBA course. However, he broke this off after he did the Job offer from Bill Gates for Microsoft had received.

Soon – in June 1980 – he became the first manager at Microsoft. The following year Microsoft became a public company and he received eight percent of the capital as a bonus agreement. In 1993 he became by participating in Microsoft to a billionaire. Steve Ballmer then took over the management of various departments over the years.

In 1998 he worked his way up to President and was thus placed under the CEO. In the beginning of 2000 he finally became Successor to Bill Gates and held the post of CEO at Microsoft. He was particularly noticeable because he publicly discredited the open source solution Linux. He even interrupted a vacation in Switzerland so he could stop the mayor of Munich from using Linux in public administration. However, this request was unsuccessful.

After leaving his post in February 2014, he joined the board of directors. But only a few months later he left this post at his own request. Shortly before that, he has Los Angeles Clippers basketball club bought for around 1.49 billion euros.

Steve Ballmer is one of the richest people in the world

Merit of Steve Ballmer

Steve Ballmer is one of the richest people in the world. With his fortune of 94.78 billion euros, he is among the Top 20 richest in the world. Bigger names like Jeff Bezos, Mark Zuckerberg, Bernard Arnault and Warren Buffet are richer than Ballmer. His predecessor, Bill Gates, now has a fortune of 122.64 billion euros.

the The reason for this wealth is the Windows operating system, because it has the highest market share worldwide in private as well as commercial use. The software company was founded in 1975 and initially mainly supplied Apple.

How much does Steve Ballmer earn?

With the salary from his basketball club, he will not earn billions more, but depending on the success he should earn a lot from the sponsors. the The largest source of income is therefore likely to be stock speculation. Just 1% interest would be enough to receive around 460 million euros annually. That would be 38 million euros per month. As a billionaire, he will certainly have other options to maintain or increase his wealth.

Investor on Twitter

Steve Ballmer's salary

At the end of 2015, Steve Ballmer showed himself to be an investor for the first time. He has bought four percent (721 million euros) of the Twitter platform and has since held more shares than Twitter founder Jack Dorsey. The stock is extremely stable, which is why the value of the investment was pretty much maintained.

Steve Ballmer’s personal life

Steve Ballmer is now retired, but still runs his basketball club and uses his influence on Twitter. In interviews he often talks about his past time and especially regrets Windows Vista and possibly his statements about the iPhone. Otherwise, Steve Ballmer now lives relatively secluded with his wife in Hunts Point, a neighborhood in New York.

Image sources:
@Steve Ballmer / Twitter

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