Steve Ballmer – Net Worth, Salary, Income Sources, Facts

Steve Ballmer Photo

Steve Ballmer is an American businessman, investor, and owner of the Los Angeles Clippers of the National Basketball Association (NBA). Along with his wife Connie Snyder, Ballmer also serves as Co-founder of Ballmer Group. Ballmer served as Microsoft’s chief executive officer (CEO) from 2000 to 2014. As of June 2024, the Bloomberg Billionaires Index estimates his personal wealth at approximately $147 billion, making him the seventh-richest person in the world. Meanwhile, Forbes ranks him as the tenth-richest person with a net worth of $125 billion.

Full NameSteven Anthony Ballmer
CountryUnited States
Age68 (born: March 24, 1956)
SalaryN/A
Yearly Income$1 billion
Income SourceMicrosoft
Net Worth$147 billion

Interesting Facts About Steve Ballmer

  • Ballmer joined Microsoft on June 11, 1980, and became Microsoft’s 24th employee, the first business manager hired by Bill Gates. He was instrumental in the company’s early growth and success, serving in various roles including business manager for the Excel product.
  • Ballmer became the CEO of Microsoft in 2000, succeeding Bill Gates. As CEO Ballmer handled company finances, however, Gates still retained control of the “technological vision.” During his tenure, he oversaw significant developments such as the launch of Windows XP, Xbox, and the acquisition of Skype.
  • In 2003, Ballmer sold 8.3% of his shareholdings, leaving him with a 4% stake in the company.
  • Ballmer is a huge basketball fan and he bought the Los Angeles Clippers basketball team for $2 billion, which was a record price for an NBA franchise at the time.
  • Ballmer holds a degree in mathematics and economics from Harvard University, where he was also a classmate and friend of Bill Gates.
  • Steve Ballmer’s salary was not publicly disclosed as he is a private individual and not a CEO or executive of a publicly traded company. However, during his tenure as CEO of Microsoft, he earned significant compensation, including salary, bonuses, and stock awards.
  • As of June 2024, Ballmer’s net worth is estimated at around $147 billion, making him the seventh-richest person in the world. He has donated hundreds of millions to Harvard University, his alma mater, to fund computer science research and education. In 2022, he gave $425 million to the University of Oregon for a new institute for children’s behavioral health.

How much share does Steve Ballmer have in Microsoft?

Steve Ballmer, former CEO owns a 4% ownership stake in Microsoft, more than its founder Bill Gates, who holds a 1.3% stake.