Steve Ballmer, former CEO and president of Microsoft, is a billionaire who has made significant contributions to the tech industry. He oversaw the release of the Xbox game console and Surface tablet computers, and his stake in Microsoft is valued at billions of dollars. He also owns a $2 billion stake in the Los Angeles Clippers basketball team.
Ballmer’s majority fortune comes from his stake in Microsoft, which he sold $2 billion worth of in 2010 after a seven-year hiatus. He built a 4% stake in Twitter in 2015, and his stake is estimated to be around 4% currently. His stake in Microsoft was last disclosed in the company’s 2014 proxy statement, and he is still the company’s largest individual shareholder.
Steve Ballmer has amassed a fortune of over $12 billion from dividends and the sale of Microsoft shares. He has also donated more than $2 billion to charitable causes, and the Los Angeles Clippers are valued at $3.73 billion. Ballmer’s purchase of the team cost him almost one-third of the $2 billion he sold in Microsoft stock in 2010, and he has since sold 14 million shares to cover the cost. He remains private about his net worth and has declined to comment on the matter. His impact on the tech industry and Microsoft’s success cannot be overstated, and his legacy continues to inspire tech entrepreneurs around the world.
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