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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 ...
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]
From 1995 to 2017, he held the title of the wealthiest person in the world every year except in 2008 and from 2010 to 2013. In 1999, he became the first ever centibillionaire when his net worth briefly surpassed US$100 billion. Since leaving day-to-day operations at Microsoft in 2008, Gates has pursued other business and philanthropic endeavors.
The company reported revenues of $43.1 billion, up 17 percent from last year. That’s $2.9 billion more than what analysts were expecting. Even more impressive, its profit jumped by 33 percent to ...
Satya Nadella. Satya Narayana Nadella ( / nəˈdɛlə /; born 19 August 1967) is an Indian-American business executive. He is the executive chairman and CEO of Microsoft, succeeding Steve Ballmer in 2014 as CEO [2] [3] and John W. Thompson in 2021 as chairman. [4] [5] Before becoming CEO, he was the executive vice president of Microsoft's cloud ...
Microsoft is in a daily battle with Apple for the title of the world’s most valuable company. Learn about its net worth and future outlook before investing.
In addition to Microsoft’s Gates, there is CEO Steve Ballmer at 51 overall (number 7 in tech), with net worth of $15.2 billion; and Paul Allen at 53 overall (number 8 in tech), with a net worth ...
On September 2, 2013, Microsoft announced its intent to acquire the mobile hardware division of Nokia (which had established a long-term partnership with Microsoft to produce smartphones built off its Windows Phone platform) [19] in a deal worth 3.79 billion euros, along with another 1.65 billion to license Nokia's portfolio of patents.