What is Steve Ballmer's Net Worth?





Steve Ballmer - Speaking to the public

Name: Steve Ballmer

Born: March 24th, 1956

Company: Microsoft Corporation (MSFT)

Position: CEO (Retired)


Steve Ballmer currently has a net worth of an estimated:

$26,561,709,483




Steve Ballmer's net worth increased by $229,944,563 on 12/9/2016


Information:

Many people assume, due to his immense wealth, that Steve Ballmer was one of the original founders of Microsoft. That is not true.

Ballmer, who now serves as the CEO of Microsoft, was hired by Microsoft shortly before the company was incorporated. Ballmer, who was hired as a business manager by Bill Gates, was the company's 30th employee.

As part of his deal to join the company, Ballmer received an equity stake in Microsoft. At the time that Microsoft incorporated in 1981, Ballmer owned 8% of the company. He still owns a sizeable stake to this day.

Steve Ballmer graduated with a degree in mathematics and economics from Harvard University. It was at Harvard University where Ballmer would meet Bill Gates - the two lived down the hall from each other, and this connection would eventually lead Ballmer to join Microsoft following short stints at Proctor & Gamble and the Stanford Graduate School of Business.

Ballmer was named CEO of Microsoft in January of 2000, taking over from Bill Gates. Gates was named Chief Software Architect after giving up the role of CEO, and eventually left that post after deciding to devote himself to his philanthropic endeavours.

Some of the major initiatives that have been undertaken under Steve Ballmer's leadership - Xbox, cloud computing, Surface tablets.

Shares of Microsoft have basically tread water since Ballmer was named the company's CEO back in early 2000. This has led many investors and a number of hedge fund managers to call for Ballmer's resignation, but he is too firmly entrenched in the company to be going anywhere anytime soon.

Ballmer has an aggressive leadership style and has reportedly had some conflicts with some of his key employees over the years.

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Steve Ballmer currently owns over 300 million shares of Microsoft, which gives him a net worth that is in the many billions of dollars.

Steve Ballmer is currently involved in a group that would purchase the Sacramento Kings and move them to Seattle for the 2013-2014 season.


Photo: Dell Official Flickr Page



Q: How many shares of Microsoft Corporation does Steve Ballmer own?

A: 333,252,990


Notes:

Steve Ballmer is worth 343,618 times more than the median US household

If Steve Ballmer sold everything that they owned, they could fund the United States' deficit spending for 8.8 days.



Most Recent SEC Filings From Steve Ballmer

4 - Statement of changes in beneficial ownership of securities
Filed: August 20, 2014, 3:02 pm

4 - Statement of changes in beneficial ownership of securities
Filed: May 20, 2014, 3:09 pm

4/A [Amend] - Statement of changes in beneficial ownership of securities
Filed: November 23, 2010, 6:47 pm

4 - Statement of changes in beneficial ownership of securities
Filed: November 23, 2010, 3:57 pm

4 - Statement of changes in beneficial ownership of securities
Filed: November 19, 2010, 4:01 pm



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Note: Net Worth changes calculated at 4 pm EST daily

The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.