Steve Ballmer
- Net Worth
- $15.9 B As of September 2012
At a Glance
- CEO, Microsoft
- Age: 56
- Source of Wealth: Microsoft, self-made
- Residence: Hunts Point, WA
- Country of Citizenship: United States
- Education: Bachelor of Arts / Science, Harvard University; Drop Out, Stanford University
- Marital Status: Married
- Children: 3
Forbes Lists
#19 Forbes 400
#18 in United States
Profile:
Steve Ballmer, CEO of Microsoft since
January 2000, is intent on proving the world's biggest software firm is
keeping pace with its nimbler, younger rivals. In the past several
months he's unveiled a significantly new desktop and mobile operating
system (Windows 8), a new tablet (Surface) to take on the iPad, and
switched clunky old Hotmail to a Webbier version of Outlook. He's taken
his lumps, too, in July
writing down 98% of Microsoft's $6.3 billion acquisition of online
display ad seller aQuantive from five years ago. During his tenure,
Ballmer has tripled revenue to $70 billion and boosted profits 155% to
$23 billion. The stock price? You'd have been better off with an index
fund. Ballmer may be getting ready to hand over the reins: he sold 18%
of his shares in November 2010 and said his keynote appearance at the
giant CES trade show in January 2012 would be his last. Ballmer
continues to keep a tight lid on his personal life. Colleagues say he
does little more than work, spend time with his family and play
basketball with buddies. He's a big hoops fan: Ballmer has been
identified as part of an investor group bidding to bring a National
Basketball Association team back to Seattle, which lost the SuperSonics
to Oklahoma City. As for his personal philanthropy, he told one
reporter, "My own world's my own world, so I continue to treat it that
way." A Detroit-area native, Ballmer dropped out of a Stanford M.B.A.
program to join Harvard classmate Bill Gates in 1980 as employee number
30 at Microsoft.
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