BillionaireNet
Ballmer
Steve Ballmer
Rank #10
UNITED STATEStechnologyMicrosoft

Steve Ballmer

Net Worth
$147.372B
+1.37% (24h)
Steven Anthony Ballmer, born March 24, 1956, is an American businessman and investor, best known for his tenure as the CEO of Microsoft from 2000 to 2014. His career at Microsoft, which he joined in 1980 as its 30th employee, spanned various leadership roles, significantly contributing to the company's growth and success. Ballmer's source of wealth is primarily from his stake in Microsoft. Today, he ranks among the world's wealthiest individuals, with a net worth of over 149.4 billion. Beyond Microsoft, Ballmer owns the Los Angeles Clippers of the NBA and is actively involved in philanthropy through the Ballmer Group. His achievements include significantly increasing Microsoft's revenue and profits during his time as CEO.

The Full Dossier

Early Life and Education

Steven Anthony Ballmer was born on March 24, 1956, in Detroit, Michigan. He grew up in Farmington Hills, Michigan. He attended Harvard University, where he earned a Bachelor of Arts in applied mathematics and economics in 1977. At Harvard, he lived down the hall from Bill Gates and was a manager for the Harvard Crimson football team.

Rise to Success

Ballmer joined Microsoft on June 11, 1980, as its 30th employee, at the invitation of Bill Gates, a college friend. He quickly rose through the ranks, taking on various leadership positions. He became CEO of Microsoft in January 2000, succeeding Bill Gates. During his tenure as CEO, Microsoft saw significant growth, tripling its sales and doubling its profits. Under his leadership, Microsoft also acquired Skype for $8.5 billion. He retired from Microsoft in 2014, but remained on the board until August 19, 2014.

Key Business Strategies

Ballmer's tenure as CEO was marked by a focus on expanding Microsoft's product offerings and increasing its market share. He oversaw the launch of the Xbox gaming console and made significant investments in cloud computing. He is known for his enthusiastic and energetic leadership style.

Philanthropy

In 2014, Ballmer and his wife, Connie, co-founded the Ballmer Group, a philanthropic investment company. The Ballmer Group focuses on initiatives related to economic mobility, particularly for children and families in disadvantaged communities. They have made significant donations to various organizations, including the University of Oregon and Communities in Schools.

Career Timeline

2014

Owner of the Los Angeles Clippers

Purchased the NBA team.

2014

Retired as CEO of Microsoft

Stepped down as CEO, remaining on the board of directors until August 19, 2014.

2000

CEO of Microsoft

Succeeded Bill Gates as CEO, leading the company through a period of significant growth.

1998

President of Microsoft

Elevated to the position of President, a key leadership role within the company.

1980

Joined Microsoft

Became Microsoft's 30th employee and Bill Gates' assistant.

Philanthropic Impact

Philanthropy$XB

Ballmer Group

Philanthropic investment company focused on economic mobility.

Education$50M

University of Oregon Donation

Donation to the University of Oregon.

Education$60M

Harvard University Donation

Gift to Harvard University's computer science department.

Healthcare$425M

Ballmer Institute for Children's Behavioral Health

Funds a new institute addressing children's behavioral and mental health needs.

Disaster Relief$15M + matched funds

Los Angeles Wildfire Relief

Donation and matched funds from FireAid concert.

Wealth Trajectory