Steve Ballmer net worth and salary: Steve Ballmer is an American businessman who has a net worth of $16 billion and salary of $1.35 million per year. Steve Ballmer has earned his net worth as the CEO of software giant, Microsoft. Ballmer has been CEO of Microsoft since 2000 when he replaced founder Bill Gates. In August 2013, Ballmer announced that he would be retiring as CEO within 12 months.
Steve Ballmer who was born in Detroit, Michigan on March 24, 1956. His father was a Swiss-American and his mother a Jewish American. He was raised in the upscale suburb of Detroit, called Farmington Hills. He attended a private college preparatory school in Beverly Hills, Michigan, the Detroit Country Day School. Ballmer graduated from Harvard University magna cum laude with a BA in mathematics and economics. His college life was busy with activities such as, managing the football team, and working for 2 school newspapers "The Harvard Crimson newspaper" and "Harvard Advocate." As a sophomore, his fellow classmate, Bill Gates lived right down the hall. His first move into the business world was with Procter & Gamble, where he was an assistant product manager for two years. At P&G he shared an office with Jeffrey R. Immelt, who eventually left P&G to join General Electric, as CEO. He joined Microsoft in 1980 as the 24th employee. Bill Gates hired him to be a Business Manager and offered him a compensation package that included an annual salary of $50,000 plus an 8% ownership stake in the company. The company incorporated one year later, in 1981, and Ballmer's stock skyrocketed in value. Today Ballmer is well-known for his flamboyant stage appearances at company events, as well as, his full time energetic and exuberant behavior.