Microsoft (MSFT) is one of the most prominent and successful companies in the U.S. and around the world and its recent investment in current and future ready technology including artificial intelligence (AI) had paid off in a prosperous way. Its AI offerings have improved its stock value multifold and increased the wealth of CEOs, past and present, its founder as well as the stockholders of Microsoft.
Former CEO Steve Ballmer has incidentally earned the most billions, followed by founder Bill Gates and current CEO Satya Nadella who is inching closer to becoming a billionaire or has already become one, as his stock options values are soaring.
Former CEO of Microsoft Steve Ballmer is now worth $120 billion, largely due to his roughly four percent stake in Microsoft. He is neither a current CEO, nor is he founder of a company, yet his fortune due to valuable shares of Microsoft has put him in the top 10 list of the Bloomberg Billionaire Index.
His wealth is tied mainly to Microsoft shares and has made him richer that the following CEOs/co-founders
Warren Buffet—Chairperson of Berkshire Hathaway
Mark Zuckerberg—founder and CEO of Facebook and parent Meta
Larry Page and Sergey Brin—co-founders of Google.
Steve Balmer was the CEO of Microsoft from 2000 to 2014. He negotiated an excellent deal with the Redmond, Washington giant and finally retired with 333 million shares of Microsoft, according to regulatory filings. He reportedly still owns the shares that are now estimated to be worth over $100 billion.
Microsoft founder Bill Gates has also seen a rise in fortune as Microsoft’s stock has risen by about 44 percent this year, after its past and continuing investments in AI. It continues to release AI based tools as mentioned by us in an earlier article. Bill Gates continues to donate a large amount of his fortune to his philanthropic efforts. Due to this philanthropy, his increase in fortune might not include an increase in position in the top 10 positions in the billionaire list.
The current CEO of Microsoft is the somewhat soft-spoken Satya Nadella who replaced Steve Balmer as CEO in 2014. He steered the company to its current success, after it was facing failure focusing on cloud computing and artificial intelligence. Some reports say that his worth has crossed a billion due to the surge in Microsoft’s stock while others say he is close to becoming a billionaire.
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