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In its simplest form, net worth is simply a company’s assets minus its liabilities. By this metric, which is also referred to as shareholders’ equity, Microsoft’s net worth as of the quarter ...
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2021 [6] unless otherwise specified. As of 2021, Fortune lists Amazon (revenue of $386.064 billion), Jingdong ($108.087 billion), and Alibaba ($105.865 billion) in the retailing sector rather than the technology sector. [3]
Details. At the start of 2020, Elon Musk had a net worth of $27 billion. [6] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [7] During this period, Musk's net worth was often volatile. For example, it dropped $16.3 billion on September 8, the largest single-day ...
On 1 July 2024, Steve Ballmer surpassed Bill Gates to become the sixth-richest person in the world, driven by a 21% rise in Microsoft shares. Ballmer's $157.2 billion net worth, mostly in Microsoft stock, exceeded Gates's $156.7 billion, which is diversified and heavily donated to philanthropy. [106]
That’s $2.9 billion more than what analysts were expecting. Even more impressive, its profit jumped by 33 percent to reach $15.5 billion. During the last quarter, we were surprised that ...
However, an AI-focused Wall Street was let down by the company's intelligent-cloud segment, which posted revenue of $28.5 billion, $200 million shy of analysts' forecasts. Yet, it wasn't all bad ...
Microsoft posted revenues of $46.2 billion in the period, along with net income of $16.5 billion and earnings per share of $2.17. The company’s revenues grew by 21% compared to the year-ago ...
The company said on Thursday that it is acquiring Amelia AI, which makes an AI agent that businesses can customize for internal or customer use. SoundHound is paying $80 million in cash and equity ...