Steve Ballmer’s Net Worth


Firstly, Steve Ballmer worked as a CEO of Microsoft from 2000 to 2014.

As soon as he drop out of Stanford’s MBA program in 1980, he is given an opportunity to work as an employee.

During the first dot-com disaster, Ballmer was in charge of Microsoft and tried to get on to the level of Google in making the search engine and Apple in mobile phones.

He acquired the NBA’s Los Angeles Clippers for $2 billion the same year he left Microsoft.

Since 2014, he has increased his charity, donating nearly $2 billion to a donor-advised fund focused on helping Americans out of poverty.

Then, he put $59 million into Social Solutions, a company that produces software for organizations and government agencies, in 2018.

Steve Ballmer’s
Steve Ballmer’s

Net Worth of Steve Ballmer

Steve Ballmer is the wealthiest person in the world, having a net worth of $101 billion, along with being an American businessman and owner of a sports club.

Moreover, Steve Ballmer is well recognized for his work with Microsoft and as the Los Angeles Clippers basketball team owner. His exceptionally high net worth places him among the world’s wealthiest people, and his Microsoft stock accounts for the majority of his fortune.

A large part of Steve’s net worth is derive from the 333.3 million he has of Microsoft. He has sold $3.4 billion in shares and received around $4.5 billion in dividends throughout the years. He was born in Detroit, and his father was the manager of Ford Motor Company. Ballmer also worked as a manager of Ford to honour his father. Alongside, he was also a muti-billionaire.

Ballmer took over as CEO of the corporation from Bill Gates in 2000. He was paid a basic salary of $1.35 million as CEO. Therefore, Ballmer said in August 2013 that he would step down as CEO in a year. Satya Nadella took over as CEO of Microsoft on February 4, 2014.

Early Life of Steve Ballmer

He was born in Detroit, Michigan. His father, a Swiss immigrant, projected that his son would attend Harvard at eight years old. Steve’s mother belongs to Belarus, and she was a Jewish woman. Ballmer is a second cousin of actress and comedian Gilda Radner through his mother. Ballmer grew up in the wealthy Farmington Hills area of Michigan.

In 1973, he enrolled at Lawrence Technological University for college prep and engineering programs. He graduated from Detroit Country Day School as National Merit Scholar and Valedictorian, and he used to be a member of the school’s board of directors. He graduated with a Bachelor’s degree in applied mathematics and economics in 1977 from Harvard University.

Ballmer was a member of the Fox Club and a manager for the Harvard Crimson football team while in college. Steve defeated Bill Gates in a test organized by the Mathematical Association of America. Ballmer walked out of Stanford Graduate School of Business in 1980 to join Microsoft after briefly attempting to develop scripts in Hollywood.