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Steve Ballmer Net Worth

Steve Ballmer Net Worth: The Richest Businessman and Former CEO of Microsoft

Steve Ballmer is a highly successful American businessman and former CEO of Microsoft. He is known for his exceptional leadership skills and business acumen. As of now, Steve Ballmer has an estimated net worth of $130 billion, making him one of the wealthiest individuals in the world.

The Majority of Steve Ballmer’s Net Worth

The majority of Steve Ballmer’s net worth comes from his substantial holdings in Microsoft stock. He owns approximately 4% of the total outstanding shares, which amounts to 333.3 million shares. This makes him the largest individual shareholder of the company.

In 1986, when Microsoft went public, Ballmer owned 8% of the company. Over the years, he has sold shares and earned dividends, totaling $13 billion. Starting in 2024, Microsoft will pay him an annual dividend of $1 billion.

Despite his immense wealth, Ballmer remains humble and down-to-earth. He still drives a Ford in honor of his father, who was a Ford manager.

Early Life and Education

Steven Anthony Ballmer was born on March 24, 1956, in Detroit, Michigan. He grew up in a middle-class family, with his father working as a manager for the Ford Motor Company. Ballmer’s upbringing instilled in him a strong work ethic and a deep appreciation for hard work.

Ballmer attended Harvard University, where he met Bill Gates. They quickly became friends and shared a passion for mathematics and computer programming. Ballmer graduated from Harvard in 1977 with a Bachelor of Arts degree in applied mathematics and economics.

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Career at Microsoft

In 1980, Ballmer joined Microsoft as the company’s 30th employee and its first business manager. He worked closely with Bill Gates and played a pivotal role in the company’s growth and success. In 2000, Ballmer became the CEO of Microsoft, taking over from Gates. He held this position until 2014, when he retired.

During his tenure as CEO, Ballmer tripled sales and doubled profits. He also led the company into new ventures, such as creating the Xbox division and popularizing Skype. However, he missed out on significant trends, including the rise of smartphones, which affected Microsoft’s market share. Ballmer’s leadership style garnered mixed reviews, and he was named the worst CEO by several publications.

Steve Ballmer’s Net Worth Milestones

  • 1986 (IPO Day) – $85 million
  • 1995 – $2 billion
  • 1999 – $13 billion
  • 2023 – $130 billion

Acquisition of the LA Clippers

In addition to his success at Microsoft, Ballmer is also known for owning the Los Angeles Clippers, an NBA basketball team. He purchased the team for $2 billion in 2014.

Real Estate

Ballmer has made significant real estate investments over the years. In 2020, he purchased a historic property in Hunts Point, Washington, for $9.8 million. He also owns a property in the Seattle area, which has seen substantial appreciation in value.

In the same year, Ballmer acquired the Forum in Inglewood, California, for $400 million. This strategic acquisition allows him to develop a brand new stadium for the Clippers.


Steve Ballmer’s net worth of $130 billion is a testament to his incredible success as a businessman and investor. His leadership at Microsoft and ownership of the LA Clippers have solidified his position as one of the wealthiest individuals in the world. Despite his immense wealth, Ballmer remains grounded and committed to making a positive impact.

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Frequently Asked Questions

1. What is Steve Ballmer’s current net worth?

Steve Ballmer’s current net worth is estimated to be $130 billion.

2. How did Steve Ballmer make his money?

Steve Ballmer made the majority of his money through his holdings in Microsoft stock. He was a key player in the company’s growth and success.

3. What is Steve Ballmer’s career background?

Steve Ballmer’s career background includes a long tenure at Microsoft, where he served as the CEO from 2000 to 2014.

Final Thought

Steve Ballmer’s net worth of $130 billion showcases his exceptional business skills and strategic investments. His contributions to Microsoft and ownership of the LA Clippers have solidified his position as a highly successful businessman. With his continued ventures, Ballmer’s net worth is set to grow even further in the coming years.

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