Steve Ballmer The Manager s Net Worth
|Owner NBA club||Los Angeles Clippers|
|birth date||March 24, 1956 (66 years old)|
|Born in||Detroit, Michigan, United States|
|Marital status||married to Connie Snyder (since 1990)|
|Children||3 (Sam, Peter, Aaron)|
How rich is Steve Ballmer?
Steve Ballmer was born on March 24, 1956 in Detroit (Michigan) and was, among other things, CEO of Microsoft for several years. He has also been the owner of the NBA team Los Angeles Clippers since 2014 . With his CEO position at Microsoft, he was able to build up a billion-dollar fortune and is one of the richest people in the world . Steve Ballmer’s estimated net worth is $80.43 billion .
How he became a successful manager
In the 1970s he studied at Harvard University, where he also met Bill Gates . He successfully completed his studies in economics and mathematics in 1977. After a short job, he went on to Stanford University for an MBA course. However, he broke this off after receiving Bill Gates’ job offer for Microsoft .
Soon – in June 1980 – he became the first manager at Microsoft. The following year Microsoft became a public company and he got eight percent of the capital as a bonus agreement. Already in 1993 he became a billionaire through his participation in Microsoft . As a result, Steve Ballmer has taken over management of various departments over the years.
In 1998 he worked his way up to become President, placing him below the CEO. In early 2000, he eventually succeeded Bill Gates and became CEO of Microsoft . He attracted particular attention because he publicly discredited the open source solution Linux. He even interrupted a holiday in Switzerland so he could stop the mayor of Munich from using Linux in public administration. However, this request was unsuccessful.
After resigning from his post in February 2014, he joined the board of directors. But only a few months later he left this post of his own volition. Shortly before that, he bought the Los Angeles Clippers basketball club for around 1.49 billion euros .
Steve Ballmer is one of the richest people in the world
Steve Ballmer is one of the richest people in the world. With his fortune of 80.43 billion euros, he is among the top 20 richest in the world . Richer than Ballmer are the likes of Jeff Bezos , Mark Zuckerberg , Bernard Arnault and Warren Buffet . His predecessor, Bill Gates, now has a fortune of 99.91 billion euros.
The reason for this wealth is the Windows operating system , because it has the highest market share in private and commercial use worldwide. The software company was founded in 1975 and initially mainly supplied Apple.
How much does Steve Ballmer make?
He will no longer bring in billions with the salary from his basketball club, but depending on his success he should earn a lot from the sponsors. The largest source of income should therefore be stock speculation . Even 1% interest would be enough to receive around 460 million euros annually. That would be 38 million euros per month. Certainly, as a billionaire, he will have other options to maintain or increase his wealth.
Investors on Twitter
At the end of 2015, Steve Ballmer presented himself as an investor for the first time. He 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, so the value of the investment has pretty much stayed the same.
Private life of Steve Ballmer
Steve Ballmer is now retired but still runs his basketball club and uses his influence on Twitter. In interviews, he often talks about the past and particularly regrets Windows Vista and possibly his statements about the iPhone. Otherwise, Steve Ballmer now lives relatively withdrawn with his wife in Hunts Point, a neighborhood in New York.