Steve Ballmer - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Steve Ballmer net worth, age, height, bio, birthday, wiki, and salary! Most famously known for his time from 2000 to 2014 as the Chief Director of Microsoft Corporation, this multi-billionaire bought the Los Angeles Clippers National Basketball Association team in the latter half of 2014. In this article, we will discover how old is Steve Ballmer? Who is Steve Ballmer dating now & how much money does Steve Ballmer have?

Steve Ballmer Biography

Steve Ballmer is one of the most popular and richest Entrepreneur who was born on March 24, 1956 in Detroit, Michigan, United States. He as well as Microsoft the founder He and Microsoft founder Bill Gates were classmates at Harvard. During their college years, both young men competed in the William Lowell Putnam Mathematical Competition; Ballmer actually placed higher than Gates in the contest. were students at Harvard. In their time at Harvard they both took part at the William Lowell Putnam Mathematical Competition; Ballmer actually placed higher than Gates in the competition.

Steven Anthony Ballmer (/ˈ b ɔː l m ər / ; born March 24, 1956) is an American businessman and investor who was the chief executive officer of Microsoft from January 13, 2000, to February 4, 2014, and is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA). As of October 2019, his personal wealth is estimated at US $51.9 billion, ranking him the 16th richest person in the world.

Ballmer was born in Detroit; he is the son of Beatrice Dworkin and Frederic Henry Ballmer (Fritz Hans Ballmer), a manager at the Ford Motor Company. His father was a Swiss immigrant who predicted that his son, at eight years old, would attend Harvard. His mother was Belarusian Jewish. Through his mother, Ballmer is a second cousin of actress and comedian Gilda Radner. Ballmer grew up in the affluent community of Farmington Hills, Michigan. Ballmer also lived in Brussels from 1964 to 1967, where he attended the International School of Brussels. In 1973, he attended college prep and engineering classes at Lawrence Technological University. He graduated as valedictorian from Detroit Country Day School, a private college preparatory school in Beverly Hills, Michigan, with a score of 800 on the mathematical section of the SAT and was a National Merit Scholar. He now sits on the school’s board of directors. In 1977, he graduated magna cum laude from Harvard University with a B.A. in applied mathematics and economics.

He was born living in Michigan in the family of an Swiss automobile manager dad and his Jewish mother with Belarusian origin. After their wedding in 1990 He and his spouse Connie Snyder raised three boys.

In a 1999 television show called Pirates of Silicon Valley, Ballmer is played by the actor John DiMaggio, appears as the main role.

His tenure and legacy as Microsoft CEO has received mixed reception, with the company tripling sales and doubling profits, but losing its market dominance and missing out on 21st-century technology trends.

Steve Ballmer Net Worth

Net Worth: Steve Ballmer, a prominent figure in the entrepreneurial world, has an impressive net worth currently reported to be around $81 Billion. This vast wealth comes primarily from his role as former Chief Executive Officer at Microsoft and his ownership of the Los Angeles Clippers in NBA. Significant assets contributing to his net worth include extensive Microsoft shares, which, despite selling a considerable portion during his time with the company, are still believed to make up the most substantial part of his wealth. Furthermore, his ownership of the Los Angeles Clippers, purchased for $2 billion in 2014, is likely a significant asset as well.

Career and Financial Growth: Steve Ballmer’s career sky-rocketed after joining Microsoft in 1980. His journey with the tech giant saw him rise from a business manager to eventually become the CEO in 2000, a position he held till 2014. Under his leadership, Microsoft tripled its sales and doubled profits, contributing significantly to his wealth. But it’s Ballmer’s smart investments and business ventures outside Microsoft that have also played a considerable role in growing his net worth. Upon leaving Microsoft, he purchased the Los Angeles Clippers of the National Basketball Association, further diversifying his wealth.

Source of net worth: The majority of Steve Ballmer’s net worth stems from his contributions in the field of technology and entrepreneurship. His leadership role at Microsoft, where he was instrumental in the company’s growth and development, remains the main source of his considerable wealth. While he did not have any public endorsements or sponsorships, his various investments and business ventures have significantly added to his net worth.

Personal Projects and Ventures: After his tenure at Microsoft, Steve Ballmer diverted his focus towards various other ventures, primarily sports. He purchased the Los Angeles Clippers of the NBA, adding a noteworthy investment to his portfolio. He also co-founded the Ballmer Group with his wife – a philanthropic organization targeting betterment for American economic mobility.

Philanthropy: As an influential figure in the entrepreneurial world, Steve Ballmer has channelled part of his fortune towards philanthropy. He co-founded the Ballmer Group with his wife Connie – putting forth significant efforts in boosting American economic mobility through aid and essential program investments. He and his wife have also announced hefty donations to various causes, including millions to the University of Oregon and the Harvard University’s computer science department.

Recent Developments: In light of the recent pandemic and subsequent economic fluctuations, Ballmer’s net worth might significantly be affected. While the tech sector seems to have adjusted well, his investments in sports and philanthropic ventures might experience altered dynamics. That being so, Ballmer’s calculated risk-taking and strategic investments throughout his career indicate a well-diversified portfolio that may withstand economic fluctuations.

After having graduated from Harvard with an undergraduate degree in math applied, the student attended Stanford’s graduate business school, before completing his studies and working for Microsoft.

Ballmer was offered a salary of $50,000 as well as 5-10% of the company. When Microsoft was incorporated in 1981, Ballmer owned 8% of the company. In 2003, Ballmer sold 39.3 million Microsoft shares equating to approximately $955 million, thereby reducing his ownership to 4%. The same year, he replaced Microsoft’s employee stock options program.

Ballmer’s flamboyant stage appearances at Microsoft events are widely circulated on the Internet as viral videos. One of his earliest known viral videos was his promotion of Windows 1.0 for a Crazy Eddie commercial in 1985, where he energetically shouts “How much do YOU think this advanced operating environment is worth? WAIT just one minute before you answer”. Ballmer and Brian Valentine repeated this in a spoof promotion of Windows XP later on.

Ethnicity, religion & political views

Many peoples want to know what is Steve Ballmer ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Steve Ballmer's ethnicity is Not Known. We will update Steve Ballmer's religion & political views in this article. Please check the article again after few days.

At college, Ballmer was a manager for the Harvard Crimson football team and a member of the Fox Club, worked on The Harvard Crimson newspaper as well as the Harvard Advocate, and lived down the hall from fellow sophomore Bill Gates. He scored highly in the William Lowell Putnam Mathematical Competition, an exam sponsored by the Mathematical Association of America, scoring higher than Bill Gates. He then worked as an assistant product manager at Procter & Gamble for two years, where he shared an office with Jeffrey R. Immelt, who later became CEO of General Electric. After briefly trying to write screenplays in Hollywood, in 1980 Ballmer dropped out of the Stanford Graduate School of Business to join Microsoft.

Who is Steve Ballmer Dating?

According to our records, Steve Ballmer married to Connie Snyder . As of January 13, 2024, Steve Ballmer’s is not dating anyone.

In 1990, Ballmer married Connie Snyder; they have three sons.

Height, Weight & Body Measurements

Steve Ballmer height 6 ft 5 in Steve weight Not Known & body measurements will update soon.

Ballmer joined Microsoft on June 11, 1980, and became Microsoft’s 30th employee, the first business manager hired by Gates.

In the 20 years following his hire, Ballmer headed several Microsoft divisions, including operations, operating systems development, and sales and support. From February 1992 onwards, he was Executive Vice President, Sales, and Support. Ballmer led Microsoft’s development of the .NET Framework. Ballmer was then promoted to President of Microsoft, a title that he held from July 1998 to February 2001, making him the de facto number two in the company to the chairman and CEO, Bill Gates.

Facts & Trivia

Steve Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Steve Ballmer celebrates birthday on March 24 of every year.

In July 2000, Ballmer called the free software Linux kernel “communism” and further claimed that it infringed with Microsoft’s intellectual property. In June 2001 he called Linux a “cancer that attaches itself in an intellectual property sense to everything it touches”. Ballmer used the notion of “viral” licensing terms to express his concern over the fact that the GNU General Public License (GPL) employed by such software requires that all derivative software be under the GPL or a compatible license. In April 2003 he even interrupted his skiing holiday in Switzerland to personally plead with the mayor of Munich not to switch to GNU/Linux. But he did not succeed with this and Munich switched to LiMux, despite his offering a 35% discount at his lobbying visit. Munich has since backtracked on using LiMux; in November 2017, the Munich City Council resolved to reverse the migration and return to Microsoft Windows-based software by 2020.

How did Steve Ballmer get so rich?

The majority of Ballmer’s fortune is derived from a stake in Microsoft, the world’s biggest software maker. The company’s former chief executive officer is assumed to still own about 4% of the company. His stake was last disclosed in Microsoft’s 2014 proxy, when he had 333 million shares.

Are Steve Ballmer and Bill Gates still friends?

In a November 2016 interview, Ballmer said he and Gates have “drifted apart” ever since, saying that they always had a “brotherly relationship” beforehand. He said that his push into the hardware business, specifically smartphones, which Gates did not support, contributed to their relationship breakdown.

Why did Steve Ballmer leave Microsoft?

Ballmer announced last August that he would step down as Microsoft CEO as the software giant continued to struggle to catch up with Google in the online era. His decision meant that for the first time in the company’s 39-year history, someone other than he or Bill Gates was in charge of the company.

How much of Microsoft does Steve Ballmer own?

Ballmer, who was one of the company’s first 30 employees and eventually received succeeded Bill Gates to run it, said he owns more Microsoft shares than anyone except index funds — 333 million shares to be precise, or about 4% of the company.

Who is the richest owner of the NBA?

Steve Ballmer leads the way as the richest team owner for the seventh straight year, with a net worth of $96.5 billion, up $27.5 billion from a year ago.

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