Steve the jumping dinosaur google1/2/2024 ![]() He served as Microsoft's CEO from 2000 until 2014, when he retired with 333 million shares or 4% ownership of the company, regulatory filings show.īloomberg estimates that Ballmer still owns a similar stake today - a position worth more than $100 billion based on Microsoft's current market capitalization of $2.6 trillion. When he joined as its 30th employee in 1980, he negotiated a $50,000 base salary plus 10% of the profit growth he could generate as his compensation, according to Forbes.īallmer's cut of the profits eventually became excessive, so he agreed to give it up in exchange for a sizable equity stake. ![]() The retired Microsoft chief is many times richer than most corporate executives because of his original contract with the software giant. He's an anomaly among the top 10 wealthiest people, who either started their flagship companies - Bill Gates, Jeff Bezos, Larry Ellison, Zuckerberg, Brin, and Page - or still run them today - Elon Musk, Bernard Arnault, Buffett. ![]() Steve Ballmer is wealthier than Warren Buffett, Mark Zuckerberg, and the cofounders of Google, Larry Page and Sergey Brin - even though he didn't found Microsoft and stepped down as its CEO nearly a decade ago.īallmer's estimated $120 billion fortune ranks him sixth on the Bloomberg Billionaire Index. ![]()
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