Steve Ballmer
Ex-CEO, MicrosoftBirth DetailsMarch 24, 1956 | Detroit, Michigan
NationalityAmerican
LeagueBusiness Leader
EducationBachelor’s Degree, Harvard University; MBA, Stanford University (drop out)
Net Worth$73.8 billion (As of May 29, 2021)
Steve Ballmer's Assets:
Steve Ballmer's Journey so far ...
Before you go ...
- Stake in Microsoft
- L.A. Clippers
Steve Ballmer's Journey so far ...
- After graduating from Harvard in 1977, Steve Ballmer took up a job at Procter & Gamble as an assistant product manager
- He quit two years later to pursue business studies at Stanford
- He left Stanford a year later in 1980 and went on to work for Bill Gates at Microsoft
- He started at the very bottom and was the company’s first non-programmer employee
- During his initial days at Microsoft, Ballmer worked in several departments including sales, marketing and accounting. He helped Gates hire new people, delegate responsibilities and expand. He also helped the company close a major deal with IBM which later established Microsoft’s name in the operating systems (OS) market
- After serving Microsoft in a series of executive positions, Ballmer was appointed as the president of the company in 1998
- He succeeded Gates to become the CEO of Microsoft in 2000
- In his tenure as CEO, he not only steered the company’s progress through the dot-com burst but also pioneered several of the company’s achievements including the release of the Xbox gaming console in 2001, launch of the search engine Bing in 2009 and the acquisition of Skype in 2011
- Ballmer stepped down as the CEO of Microsoft in 2014 and passed on his responsibilities to Satya Nadella
- After retiring, later in 2014, he bought the NBA team Los Angeles Clippers for $2 billion
- He also created the Ballmer Group -- a philanthropic organisation that helps economically underprivileged Americans -- in 2014
- Currently, he owns around 4% shares of Microsoft and is one of the richest persons in the world
Before you go ...
- He had first met Bill Gates while studying in Harvard
- Balmer was Microsoft’s employee no. 30
- In 2015, he had acquired around 4% stake in Twitter which he sold off in 2018
Last Updated: 29/05/2021
Steve Ballmer News
- Kawhi Leonard controversy: Did Clippers star get $28 million in hidden 'no-job' show? What we knowJournalist Pablo Torre has alleged that the Los Angeles clipper and their owner, Steve Ballmer employed Kawhi Leonard for a non-existent role in one of his companies to circumvent the NBA salary cap. Kawhi Leonard, who joined the Clippers in 2019, is now linked to a fraudulent tree-planting company and reports claim he signed a $28 million "no-show job" endorsement deal.
- $28 million for nothing? Kawhi Leonard caught in explosive 'no-show job’ controversy: What's his real net worth?NBA star Kawhi Leonard and the Los Angeles Clippers are under scrutiny following allegations of a $28 million "no-show job." According to Pablo Torre's investigation, Clippers owner Steve Ballmer allegedly funneled money through Aspiration, a tree-planting service, to Leonard's company, KL2 Aspire, LLC. The deal purportedly required minimal effort from Leonard, raising questions about salary cap circumvention.
- Clippers in hot water — Ballmer allegedly paid Kawhi Leonard $28 million off-books in salary to skirt NBA capThe Los Angeles Clippers and owner Steve Ballmer face accusations of circumventing NBA salary cap rules. Allegedly, Kawhi Leonard received $28 million through a Ballmer-funded company, Aspiration, for a "no-show job." This arrangement is under scrutiny, with claims suggesting it was designed to exceed Leonard's contract limits, though the Clippers deny any wrongdoing.
- Bill Gates no longer among world’s top 10 billionaires; Elon Musk still on topBill Gates has fallen out of the world’s top 10 richest, now ranked 12th with $124 billion due to large charitable donations. Elon Musk remains the richest at $346 billion, while Meta’s Mark Zuckerberg holds second place. Gates plans to use his wealth to improve education and healthcare in Africa.
- Microsoft is killing Windows' Blue Screen of DeathAfter four decades, Microsoft is replacing the infamous Blue Screen of Death (BSOD) with a Black Screen of Death. The updated design aims for clarity, removing the sad face emoji and QR code, and prioritizing essential error information. This change is part of Microsoft's broader initiative to enhance Windows' resilience, following incidents that caused widespread BSOD errors.
- Four men loom large in Microsoft historyMicrosoft was shaped by Bill Gates, Paul Allen, Steve Ballmer and Satya Nadella over the course of the last half-century in the male-dominated tech world. Ballmer joined Microsoft in 1980 and was best man at the 1994 wedding of Bill and Melinda Gates.
- Bill Gates sacrificed big to hire Steve Ballmer; here's what he gave up and the reason why he recruited himIn his quite new memoir, Bill Gates revealed something surprising that he sacrificed really big to eventually hire Steve Balmer and also asserted that there was a significant reason behind it.
- Steve Ballmer is richer than Bill Gates, a first for Microsoft billionairesSteve Ballmer surpassed Bill Gates to become the sixth-richest person globally, as Microsoft shares hit a record high, gaining 21% this year. Ballmer's net worth reached $157.2 billion, mostly in Microsoft shares, while Gates' diversified $156.7 billion fortune includes investments through Cascade Investment. Gates' wealth has reduced due to philanthropy, having donated nearly $60 billion to the Gates Foundation. Ballmer, who hasn't signed the Giving Pledge, focuses on smaller-scale philanthropic efforts. He succeeded Gates as Microsoft's CEO in 2000 and retired in 2014, later buying the Los Angeles Clippers.
- Who is Larry Ellison? What did he do that his wealth soared by $14 billion overnight?Larry Ellison has set a new record and moved up in the Bloomberg Billionaires Index after Oracle shared a strong financial outlook.
- Microsoft CEO Satya Nadella caps a decade of change and tremendous growthMicrosoft's stock has soared by more than 1,000% since Nadella took the helm in 2014, compared to the more gradual 185% growth of the broader S&P 500. Microsoft now has a market value of $3 trillion - more than any US publicly traded company, including its longtime rival Apple.
- Bill Gates: Things Microsoft co-founder wishes he knew in his early 20sBill Gates, the renowned co-founder of Microsoft and a billionaire tech icon, dropped out of Harvard University after just three semesters to embark on his journey with Microsoft. In a recent speech at Northern Arizona University's commencement, he shared insights and advice for graduates that he wished he had known in his early 20s.
- Satya Nadella and Sundar Pichai's friendship a casualty as Microsoft vs Google battle takes an ugly turnTestifying at an anti-trust trial brought against Google by the federal government, Nadella never once took Pichai's name, but skewered the tech giant (even though Microsoft is bigger in terms of market cap $2.38 trillion v $1.69 trillion), saying Google's dominance of online search is making it harder for competitors like Microsoft’s Bing to gain a foothold because the Silicon Valley giant uses its power to monopolize publishers and advertisers. Microsoft is headquartered in Redmond, Washington, outside Seattle.
- Tesla and SpaceX CEO Elon Musk is now $100 billion richer than Amazon founder Jeff BezosIn the latest Forbes list, Musk increased his net worth to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion, reports the Daily Mail.
- View: Why didn’t Microsoft die?Are today’s Big Tech superstars successful and popular because they’re the best at what they do, or because they’ve become so powerful that they can coast on past successes?
- Chairman & CEO: Satya Nadella gets top job at MS OfficeMove a vote of confidence in Nadella under whose watch Microsoft's m-cap jumped 600% and revenues nearly doubled
- Microsoft names CEO Satya Nadella as chairmanIndia-born Satya Nadella, who replaced Steve Ballmer as Microsoft CEO in 2014, has been instrumental in scaling up the Redmond, Washington-based company's business including billion-dollar acquisitions like LinkedIn, Nuance and ZeniMax.
- Mukesh Ambani is world’s fifth-richest person with $77 billion fortuneAmbani cracked the group of the 10 richest people just last month. Two weeks ago, he surpassed Warren Buffett, now ranked No. 6. He overtook Elon Musk and Google co-founders Sergey Brin and Larry Page days later.
- Bill Gates steps down from Microsoft board to serve humanityThe 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda.
- Microsoft employees & interns mock company's Windows phone, 'developer' chant with quirky musicalThe 8-minute-long video captures a timeline of Microsoft's milestones over the years.
- Dreaming to be a CEO? You have to really want it, says Satya NadellaNadella became the CEO of Microsoft in 2014.
- Jeff Bezos passes Bill Gates to become the world's richest personAt the close of U.S. markets Friday, Bezos had a net worth of $93.8 billion.
- 'Hit Refresh': How Satya Nadella helped Microsoft rediscover its soul"The renewal would only happen, if we prioritize the organization’s culture and built confidence both inside and outside the company."
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- NBA-Former Clippers owner Sterling settles lawsuitNBA-CLIPPERS/STERLING:NBA-Former Clippers owner Sterling settles lawsuit
- Decision to push Microsoft into hardware led to breakdown of relation with Bill Gates: Steve BallmerFormer CEO Ballmer said he and Gates “drifted apart” partly due to a disagreement over whether Microsoft should make its own handsets and tablets.
- Entrepreneurs need to seize back leadershipCan India make the transition from a startup nation to a scaleup nation?
- Four famous mergers that went southThe biggest pharma union ever, Pfizer and Allergan in a $160 billion deal, was scuttled by the US government this month. Here are a few others.
- When the centrestage turned to the centrestrangeAt this week's Frankfurt Motor Show, BMW CEO Harald Krüger fainted on the podium. Here are some other instances of being weird on stage.
- Salesforce has invited Microsoft's Satya Nadella to speak at its huge fall conferenceIn May 2014, they announced their first major partnership that connected Salesforce's CRM software to Microsoft's various cloud offerings.
- Salesforce cofounder explains where big old tech companies like Microsoft often go wrongSalesforce is expected to surpass $6 billion in revenue this year, making it the fastest enterprise software company to ever do so. Now it's worth over $45 bn
- Finally, Microsoft's cloud business is really workingSatya Nadella ripped the final band-aid off previous CEO Ballmer's strategy, essentially writing off the Nokia acquisition as a mistake.
- There are several possible reasons for Twitter's weird CEO shuffle - and they're all badNone of the scenarios is particularly rosy for Twitter stakeholders. This looks like a board of directors caught off guard and flying by the seat of its pants.
- The 30 most successful Stanford alumni of all timeThis year, Stanford topped our lists as the best and most selective college in the US. As such, it attracts an extremely talented and intelligent study body.
- This funny tweet of Satya Nadella shows how much he changed the company in a yearNadella has taken a different stance towards competitors, cozying up with them, announcing new partnership deals with companies that directly competes.
- Marc Benioff tested Satya Nadella before deciding to ease out with MicrosoftThe relationship has improved a lot in the nearly 16 months since Satya Nadella replaced Ballmer as Microsoft’s CEO.
- With cloud, Microsoft has real opportunity in India, says Satya Nadella"Qualitatively, the way I describe the world that we live in and what it will be in the next five years is this mobile-first, cloud-first world." he said.
- Microsoft CEO Satya Nadella to visit China amid antitrust probe: ReportMicrosoft has come under scrutiny as China seeks to enforce a 2008 anti-monopoly law, which some critics say is being used to unfairly target overseas businesses.
- 4 great stories about Bill Gates that show what it was really like to work with himMicrosoft employees and others who knew him in the early days have a lot of stories about him, as a recent thread on Quora proved.
- Manipal University celebrates Rajeev Suri's appointment at NokiaBoth Nadella and Suri are graduates in Electronics and Communications at the Manipal Institute of Technology (MIT), Manipal University.
- Microsoft partners with Micromax to offer Windows 8.1 phonesThe deal announced yesterday at Microsoft's BUILD conference in San Francisco, is expected to intensify competition in the smartphone and tablets space.
- Becoming Microsoft CEO was beyond wildest dreams: Satya NadellaBecoming Microsoft CEO was beyond even the wildest dreams, said Satya Nadella, the India-born chief executive of Microsoft.
- Microsoft is taking steps to become nimbler: Satya NadellaNadella said new products with 'mobile first' and 'cloud first' as their mantra are in the pipeline, but declined to divulge specifics.
- Satya Nadella rejigs Microsoft's top managementSatya Nadella today announced a major top-level reshuffle, which saw the heads of marketing and business development resigning.
- I am proud of Satya Nadella, says father BN YugandharBN Yugandhar, the father of newly-appointed Microsoft Chief Executive Satya Nadella, has spoken publicly about his joy for the first time.
- Under Satya Nadella, Microsoft needs to learn a language that speaks to consumerAs the third CEO of Microsoft after Gates and Ballmer, Nadella has the tall task of steering an iconic co that has meandered over the past years.
- Low-key and humble, Satya Nadella is every bit different from Steve BallmerRight from the start, new Microsoft Chief Executive Officer
- Microsoft India says Satya Nadella's appointment a proud momentHailing the appointment of Satya Nadella as Microsoft's new CEO, Microsoft India Chairman Bhaskar Pramanik said it is a proud moment for the company.
- Satya Nadella becomes a rage in cyber worldNadella swept the cyber world today with nearly half-a-billion search results thrown up even as he became toast of the social networking sites abuzz with news of him being named as Microsoft CEO.
- Satya Nadella to get $1.2 million salary; total package at $18 millionNadella would also be eligible for a cash bonus, which can range from zero to 300 per cent, resulting into total payout of up to $3.6 million.
- India Inc responds warmly to Satya Nadella's appointment as Microsoft CEOFor Microsoft to be led by a person of Indian origin, I think this is a day that we can all celebrate, said Narayana Murthy, Executive Chairman, Infosys.
- Satya Nadella, India-born insider, named new Microsoft CEO; Bill Gates steps downMicrosoft also announced that John Thompson, lead independent director, will succeed Gates as chairman.
- Satya Nadella is a proven leader: Steve BallmerNadella is a "proven leader" whose "strong technical skills and great business insights" will drive the world's leading technology company, says Microsoft's outgoing CEO Steve Ballmer about his successor.
- We are hungry to do more: Satya Nadella tells Microsoft employeesDescribing his rise to the top as "humbling", Microsoft's Hyderabad-born CEO Satya Nadella said technology industry respects only "innovation" and not tradition.
- Satya Nadella's friends await news of his becoming Microsoft chiefFriends and classmates of Satya Nadella, born in Hyderabad and reported to be a favourite for the top job at US technology giant Microsoft, say they are eagerly awaiting for the formal announcement.
- Xbox, Surface drive Microsoft's Q2 revenuesMicrosoft saw its total revenues grow 14 per cent to $ 24.52 billion in Q2 2013, from $ 21.46 billion in the same period last fiscal.
- 2014: Who and what will make news this yearWhile the Latvians are busy saving as souvenirs their 100-latu notes, their leaders believe that joining the troubled currency zone is the way up.
- Indian IT companies averse to political donationsIT companies say they don’t give anybody any money, and have good reason not to.
- Satya Nadella, India-born executive, among candidates to succeed Microsoft CEONadella is Exec VP for Cloud and Enterprise at Microsoft and was a member of the tech staff at Sun Microsystems before joining Microsoft.
- Microsoft’s $7.2-billion Nokia bet leaves developers cold“With or without Nokia, Microsoft needs to demonstrate that they can capture a material segment of the mobile market,” Smith said.
- Can India-born Satya Nadella be CEO of Microsoft? Forrester believes so"Satya, like many strong executive leaders, is strong willed and committed and as a result can run rough-shod over some folks at times," says Forrester .
- Why Microsoft-Nokia deal may hit Satya Nadella’s chances for the top jobNadella finished his BTech in electrical engineering from Mangalore University in 1988 and went on to do an MS in computer science and MBA in the US.
- Microsoft to buy Nokia’s handset unit for $7.2 billionThe devices and services unit, which accounted for half of Nokia’s 2012 revenue, along with 32,000 employees, will transfer to Microsoft.
- Consistency around India is a challenge: Ursula Burns, CEO of Xerox"I see growth for sure in India. And with some growth some chaos. With very high growth we have to take some risks from the investment standpoint."
- Potential candidates who can succeed Steve Ballmer at MicrosoftMicrosoft has a stable of senior executives who could succeed Steve Ballmer. Here is a list of potential internal candidates:
- Steve Ballmer’s six big misses at MicrosoftSo Microsoft’s CEO Steve Ballmer plans to retire within the next year. “Huzzah!” said the markets, as the stock price jumped on the news.
- CEOs of Google, Yahoo and other technology companies hail US immigration billSteve Ballmer of Microsoft said that the passing of immigration bill is a significant step towards reforming outdated immigration policies.
- Microsoft announces availability of Windows 8.1 PreviewHighlighting the new apps in the latest OS, the US-based firm said that Windows 8.1 Preview apps include Facebook, Flipboard and NFL among other apps.
- How Microsoft, IBM, Qualcomm are partnering and mentoring Indian startupsOne of the mentors, Mukund Mohan, says it has become important for technology giants such as IBM, Microsoft to aggressively chase startups.
- Microsoft gives new touch & feel to Office softwareMicrosoft has unveiled the next generation of its Office softwares - including Word, Excel, Outlook, Access, PowerPoint and OneNote applications.
- Steve Ballmer wants Indian coders to back Windows 8As Microsoft prepares to launch Windows 8, CEO Steve Ballmer made a strong pitch to Indian developers to build apps for the new OS.
- Facebook's Mark Zuckerberg to get richer than Microsoft Corp's Steve BallmerAt the upper end of that range, the co-founder's stake would be $17.6 billion, making him richer than Microsoft Corp's Steve Ballmer.
- Cloud push may shrink Microsoft’s marginsMicrosoft’s push into cloud computing will help the company compete with Google, Apple and Salesforce .com. It also will hurt profit margins.
- Microsoft's Steve Ballmer predicts virtual avatars for software"New software may have virtual avatars which may take orders, print boarding passes, organise your travel, or write speeches," Ballmer said.
- IITs get thumbs up from Microsoft's Steve BallmerPrestigious IITs got a thumbs up from Microsoft CEO and wanted to see some of the "finest and brightest" Indian minds with him at his office.
- Microsoft plans developing next-generation mobiles with NokiaSoftware giant Microsoft said it is looking at working with Finnish mobile phone manufacturer Nokia to develop "next-generation" mobile devices.
- Microsoft to acquire Skype for USD 8.5 bnThe deal will be a shot in the arm for Microsoft in competing with rivals like Google, Apple apart from strengthening its footprint in consumer markets.
- Microsoft set to hike salaries of employees to curb attritionAs part of its efforts to retain talent, software giant Microsoft is all set to hike employee salaries and increase funding for bonus and stock awards.
- Post-Windows alliance, Nokia may show the door to many Indian techiesFor hundreds of Indian engineers, Nokia's alliance with Microsoft means uncertainty about future roles and immediate anxiety on job prospects.
- Microsoft buyout buzz propels Adobe stockAdobe Systems shares surged 12% after a New York Times report fuelled speculation that Microsoft may work more closely with the company or possibly acquire it.
- Microsoft mulls possible acquisition of Adobe Systems: ReportA UK daily pointed out that Adobe was long seen as a more likely acquisition target for Apple, before a recent rift between the companies.
- It’s a Flash: MS buzz propels Adobe stockAdobe Systems shares surged 12% after a New York Times report fuelled speculation that Microsoft may work more closely with the company or possibly acquire it.
- Microsoft boss upbeat on new mobile phone operating systemMicrosoft CEO said he was confident the company's new mobile phone operating system would help it claw back market share from rivals, days after Goldman Sachs downgraded its assessment of the firm's stock.
- Microsoft boss silent on possible Adobe acquisitionMicrosoft chief executive Steve Ballmer refused to comment Friday when asked if the titan was interested in buying US software maker Adobe.
- Microsoft CEO decries software piracy by China firmsMicrosoft chief executive Steve Ballmer on Friday decried the use of pirated software by Chinese businesses.
- Adobe shares skyrocket on Microsoft buy reportAdobe Systems Inc's stock skyrocketed on Thursday after a media report stirred speculation it might become an acquisition target for Microsoft Corp.
- Patni CEO gets more than Microsoft's Steve BallmerPatni Computers can't hold a candle to MS on most counts. There is one exception - CEO pay.
- Buffett, Ballmer predict bright US economic futureWarren Buffett says there will be no double-dip recession; while Steve Ballmer says technological invention would help drive business.
- Apple's put together a product which has sold more than I'd like: BallmerBallmer doled out grudging praise for iPad, which has taken hold of what is expected to be a growing mkt. Apple's best-known products | 8 Must-have iPad Apps
- Innovation is about delivering real-world value to customers: Steve BallmerMicrosoft’s CEO Steve Ballmer discusses about drivers of innovation at Microsoft and how computing can touch more people on the planet.
- TAN adds TV Today Group, Star News, Star Ananda, Star Majha to Live.Indiatimes.comTimes Audience Network (TAN), the digital video arm of the Times Group, re-launched the new design of Live.Indiatimes.com on Friday on-stage with Steve Ballmer, CEO, Microsoft and Rishi Khiani, CEO, Times Internet Limited.
- Steve Ballmer, Anand Mahindra on how tech can help shape the worldMicrosoft CEO Steve Ballmer and Mahindra & Mahindra boss Anand Mahindra brainstormed about profitability and how technology can help shape the world. Read
- No impact of Europe debt crisis on IT: Steve Ballmer, CEO, MicrosoftET NOW’s Shaili Chopra caught up with Steve Ballmer, CEO, Microsoft and Anand Mahindra, Vice Chairman & MD, Mahindra & Mahindra, who discuss the impact of global economic market on IT.
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