|Celebrity Name:||Steve Ballmer|
|Real Name:||Steven Anthony Ballmer
|Age:||65 years old|
|Date Of Birth:||24 March, 1956|
|Birth Place:||Detroit, Michigan, United States|
|Profession:||Investor, Entrepreneur, Philanthropist,|
|Net Worth in 2023:||$100 Billion|
Steve Ballmer Net Worth
Steve Ballmer is an American businessman, philanthropist, investor, and CEO. He is the owner of the Los Angeles Clippers basketball team. Steve served as CEO of Microsoft from 2000-2014.
Steve Ballmer net worth is $100 billion.
He is the 8th richest person in the world. He made the most of his wealth from his holdings at Microsoft. He is a multi-billionaire, he still drives a Ford in honor of his father who was a manager at Ford.
Steve Ballmer’s real name is Steven Anthony Ballmer. He was born in Detroit, Michigan, on 24 March 1956, to Frederic Henry and Beatrice. His father, Frederic, was a Swiss immigrant and the manager of Ford Motors, and his mother was a Belarusian Jewish and cousin of actress and comedian Gilda Radner.
He attended the International School of Brussels. Steve completed his bachelor’s of art in mathematics and economics from Harvard University. He was a brilliant student, he was the highest scorer in the William Lowell Putnam Mathematical Competition, the exam was sponsored by the Mathematical Association of America, in this exam, he scored more marks than Bill Gates.
During his college days, he managed the Harvard Crimson football team and also contributed to college newsletters.
After completing his graduation, he worked as an assistant product manager at Procter and gamble. Two years later, Bill Gates convinced Steve to join Microsoft. He was offered $50,000 and a 5-10% stake in the company.
In 1981, when Microsoft was incorporated, Steve owned an 8% stake in the company. From 1992 to 2000, Steve was executive vice president of support and sales. The development of the .Net framework was led by him. In 1986 when Microsoft IPO was launched his net worth had grown to $85 million. In 1995, he became a billionaire with a net worth of $2 billion
On 13 January 2000, Steve became Microsoft’s chief executive officer, handling the company’s finances and daily operations. In 2003, Steve sold his 4% stake, i.e 39.3 million Microsoft shares, equating to approx $955 million.
Under Steve, Microsoft’s share price stagnated. Microsoft became one of the most successful companies in the world. The company’s annual revenue increased from $25 billion to $75 billion, and net income increased by 215%. Despite all the success, he was named the worst CEO of 2013 because he was unable to catch the smartphone trend, and famously dismissed Apple’s iPhone as a waste of time. He said, “there is no chance that Apple’s iPhone is going to get any significant market share”. In 2013 he decided to step down from his CEO position. He was replaced by Satya Nadella.
After Donald Sterling was given a lifetime ban for racist comments, Steve Ballmer acquired the LA Clippers. He had been planning to acquire a basketball team since 2008. He bought the LA Clippers for $2 billion.
To date, he has donated more than $3 billion to various charities and organizations. In 2007 Steve launched USAFacts.org. It is a non-profit organization that allows people to understand US government revenue, spending, and societal impact.
From 2001 to 2006, Steve served as director of Accenture Ltd.
According to a survey conducted by the Athletic in 2020, was voted the best owner in basketball. In 2012, he was on the list of one of the most powerful people in the world.
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Steve Ballmer married Connie Snyder. The couple has three children named Peter Ballmer, Aaron Ballmer, and Sam Ballmer.
Steve Ballmer is one of the richest people in the world. In 2021, he crossed the $100 billion mark. His salary is $1.35 million. In 2020, Steve had purchased a 3,790sq property for $9.8 million in Hunts Point, Washington. In the same year, he purchased the Forum in Inglewood for $400 million. The forum was previously the home of the LA Lakers. The forum is currently under construction. The estimated cost to construct is over $1 billion and it is scheduled for completion in 2024.
Steve Ballmer net worth is $100 billion.
Steve Ballmer is the 8th richest person in the world. He is one of the greatest CEOs in Microsoft history. He leads Microsoft into new territories, creating the Xbox division, popularizing Skype.
He is one of the greatest leaders and businessmen in the world.