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Steve Ballmer Net Worth

Steve Ballmer Net Worth

How much is Steve Ballmer worth?

Net Worth:$63.6 Billion
Date of Birth:March 24, 1956
Children:3
Residence:Detroit, Michigan, U.S
Occupation:Businessman & Investor
Updated:2021

Introduction

Steven Anthony Ballmer popularly known as Steve Ballmer is a renowned American businessman and investor from Detroit who served as a chief executive officer of Microsoft for four years. He served there from January 2000 to February 2014.

Currently, he is the owner of most famous team, Los Angeles Clippers of The National Basket Ball Association.

According to the recent survey, Steve Ballmer is estimated at 63.6 billion dollars which ranked him the 16th richest person in the world.

Early Life

Ballmer was born on March 24, in 1956 in Detroit, Michigan to Beatrice Dworkin a Swiss immigrant and Fredric Henry Ballmer, who is a manager at the ford motor company.

His father predicted at the very young age that his son would go to Harvard University. Ballmer belongs to a strong background of actors and comedians. He also lived in Brussels for a brief time period where he also attended the International School Of Brussels.

Later he went to Lawrence Technological University, where he attended college prep and classes of engineering. His next point was Detroit Country Day School from where he completed his graduation with a score of 800 in mathematics of The SAT.

However, he also went to Harvard University and graduated with a bachelor’s degree in economics and applied mathematics. He became the manager of a Harvard Crimson Football Team and also worked on the Harvard crimson newspaper as the Harvard advocate.  Ballmer scored higher than Bill Gates in the William Lowell Putnam Mathematical Competition.

Later he joined Procter And Gamble as an assistant product manager for almost two years. Then finally in 1980, he dropped out of the Stanford Graduate School Of Business to make his dream come true.

Personal Life

Ballmer married Connie Synder in 1990. The couple welcomed three sons and lives in the hunts point, Washington.

Career

Steve Ballmer was dropped out of the Stanford graduate school of business and joined hands with Bill Gates being a member of the Microsoft team.

As soon as he joined Microsoft, he recruited employees for the growing firm. Later he involved with their next project of creating a system for IBM’s new line and company’s technical aspects.

Ballmer’s next step was to reorganize Microsoft partnership into a big corporate structure. Soon, Ballmer became successful of achieving 8% of the equity, whereas gates achieved 53%. In 1980, Ballmer began to lead the operating system which is the core of the business of the company.

In 1986, Microsoft broke all the records and became a publicly held company, making him a multimillionaire. He held several significant positions in Microsoft and even placed at the position of executive vice president of sales and support in 1992.

In 1988, Steve Ballmer became the president of Microsoft and officially named as CEO in 2000 and soon started to take control over the finances and daily operations. Microsoft reached the top of success and attained accomplishments and achievements in the tenure of Steve Ballmer.

Steve Ballmer is currently ranked as one of the most successful businessmen in the world. He reached at a personal landmark as a world’s best entrepreneur too with utmost dedication and talent.

His passion and craze for business along with the love for sports always kept him encouraged to own a basketball club called clippers.

As of 2021, Steve Ballmer net worth is estimated to be around 63.3 billion dollars.

Achievements

Steve Ballmer’s main achievements are listed below.

  • Ballmer shook hands with Bill Gates and co-founded Microsoft in 1980.
  • He became the president of Microsoft in 1998.
  • Steve Ballmer placed at the post of chief executive officer of Microsoft Company in 2000.
  • He retired as a CEO of Microsoft in 2014.
  • He became the owner of clippers in 2014.

Summary

Steve Ballmer is listed as the 16th richest person in the world. Ballmer attained success and victory in 1980 when his ball went into the court of Bill Gates. Microsoft is the main reason for his ultimate success and fame.

Besides this, his interest led him to own the basketball team clippers and he also collaborated with Portland trail blazers and Los Angeles.

As of 2021, Steve Ballmer net worth is around 63.3 billion dollars.

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Written by Abdul Qayyum Rajpoot

Abdul Qayyum Rajpoot is a productivity enthusiast who in on mission to help entrepreneurs and solopreneurs in achieving their business goals through focus, grit, and motivation. When he is not advocating smarter work, he is traveling the world or journaling his achievements in the self-growth arena on his blog.

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