Ballmer joined Microsoft in 1980 and became CEO in 2000, leading the company through significant expansions, including the launch of Xbox and the acquisition of Skype. After retiring in 2014, he purchased the NBA's Los Angeles Clippers for $2 billion, an investment that has substantially appreciated. Unlike Gates, who has diversified his investments and committed to extensive philanthropy, Ballmer's charitable efforts have been less prominent.
Key takeaways:
- Steve Ballmer's wealth is primarily tied to his holdings in Microsoft, with over 90% of his $157.2 billion net worth coming from the company's shares.
- Ballmer has surpassed Bill Gates to become the sixth richest person in the world, according to Bloomberg's Billionaires Index.
- Ballmer joined Microsoft in 1980, became CEO in 2000, and retired in 2014, leaving behind a legacy of transforming Microsoft into a dominant force in the tech industry.
- After retirement, Ballmer made headlines with his purchase of the NBA's Los Angeles Clippers for $2 billion in 2014, an investment that has substantially appreciated in value since then.