Microsoft stock helps ex-CEO Steve Ballmer achieve $101 billion fortune
If you have Microsoft stock, it may behoove you to hold on to it.
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What you need to know
Steve Ballmer, an ex-CEO of Microsoft, continues to reap rewards from the company’s endeavors. Case in point: Thanks to a $20 billion boost in his net worth spurred by this year’s Microsoft stock gains, Ballmer now has a $101 billion net worth according toBloomberg(viaBusiness Insider).
The gains in Microsoft’s stock come as no surprise given how much the company has achieved in recent memory. Its Xbox division is firing on all cylinders with thebest Xbox Game Pass gamesand theXbox Series X, it’s achieved success with U.S. government deals totaling in thedouble-digit billions, and of course, there’s alwaysWindows 11. The company’s recent trajectory has been positive, and growing sectors such as cloud computing (whereAzure comes in) seem primed to help it stay that way.
Recently, Microsoft hit the$2 trillion valuation markfor the first time. It is the second company to have managed this, second only to Apple, which achieved the feat back in August of 2020.
He is one of two former Microsoft CEOs on Bloomberg’s wealthiest billionaires list, with Bill Gates being the other. Gates controls the fourth slot on the list while Ballmer occupies the ninth.
If you’re new to the Microsoft enthusiast circuit, weren’t around for the Ballmer days, and want some insight into who he is, check out the footage of himjumping into a lake in his underwearwhile Microsoft employees cheer him on. That should give you a better understanding of the ninth wealthiest man in the world.
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Robert Carnevale is the News Editor for Windows Central. He’s a big fan of Kinect (it lives on in his heart), Sonic the Hedgehog, and the legendary intersection of those two titans, Sonic Free Riders. He is the author ofCold War 2395. Have a useful tip? Send it to robert.carnevale@futurenet.com.
