Steve Ballmer Net Worth

How much is Steve Ballmer Worth?

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Steve Ballmer Net Worth
Net Worth:
$22.9 Billion

Steve Ballmer's Annual Salary

$1.35 Million
Date of Birth
March 24, 1956
Place of Birth

Steve Ballmer net worth and salary: Steve Ballmer is an American businessman and sports team owner who has a net worth of $22.9 billion and salary of $1.35 million per year. Steve Ballmer earned his net worth after being one of the earliest employees of software giant, Microsoft. In 2000, Ballmer replaced company founder Bill Gates as CEO. In August 2013, Ballmer announced that he would be retiring as CEO within 12 months. On February 4, 2014, Ballmer was replaced by Satya Nadella.

The vast majority of Steve Ballmer's net worth is derived from his 333.3 million shares of Microsoft stock. Over the years he has sold $3.4 billion worth of stock and collected roughly $3 billion from dividends. Despite being a multi-multi-billionaire, Ballmer still drives a Ford in honor of his father who was a Ford manager.

Steve Ballmer was born in Detroit, Michigan on March 24, 1956. He was raised in an upscale suburb of Farmington Hills and attended a private college preparatory school in Beverly Hills, Michigan called the Detroit Country Day School. Ballmer graduated from Harvard University magna cum laude with a BA in mathematics and economics. While at Harvard, Ballmer managed the school football team and worked for two college newspapers, "The Harvard Crimson newspaper" and "Harvard Advocate." As a sophomore, Steve lived right down the hall from future Microsoft founder Bill Gates. 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 would eventually go onto become the CEO of General Electric. Ballmer joined Microsoft in 1980 as the 30th 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.

Steve Ballmer Salary

Steve Ballmer Net Worth

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Steve Ballmer

Steve Ballmer

Steven Anthony "Steve" Ballmer is an American businessman who was the chief executive officer of Microsoft from January 2000 to February 2014, and is the current owner of the Los Angeles Clippers. As of 2014, his personal wealth is estimated at US$20.7 billion, ranking numbe...
Date of Birth
  • March 24, 1956
  • Steven Ballmer
  • Steven Anthony Ballmer
  • Steve
  • Steven Anthony "Steve" Ballmer
  • 6 ft 5 in (1.96 m)
  • United States of America
  • United States of America
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