Steve Ballmer Bio, Wiki, Age, Wife, Microsoft, Yacht, Nokia, and Net Worth

Steve Ballmer Bio | Wiki

Steve Ballmer is an American business magnate and investor. He served as the chief executive officer of Microsoft from 2000 to 2014. Steve is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA).

His personal wealth was estimated by Bloomberg Billionaires Index in September to be around $91 billion, making him the ninth-richest person on Earth. Steve was hired by Bill Gates at Microsoft in 1980 and subsequently left the MBA program at Stanford University.

He eventually became president in 1998 and replaced Gates as CEO on January 13, 2000. On February 4, 2014, Steve retired as CEO and was replaced by Satya Nadella. He remained on Microsoft’s Board of Directors until August 19, 2014, when he left to prepare for teaching a new class.

Steve Ballmer Age

Steve was born on March 24, 1956, in Detroit, Michigan, United States. He is 66 years old.

Steve Ballmer's photo
Steve’s photo

Steve Ballmer Height

He is a man of average stature and stands at a height of 6 ft 4 in (Approx. 1.96 m)

Steve Ballmer Family

He was born and raised in Detroit, Michigan by his parents Beatrice Dvorkin and Frederic Henry. Steve’s father is a manager at the Ford Motor Company. He was from Zuchwil, Switzerland, and arrived in the United States in 1948.

Steve’s mother was the daughter of Shmuel Dvorkin, a Russian Jew who fled to the United States in 1914 and became a merchant for a glass store. Through his mother, he is a second cousin of actress and comedian Gilda Radner. Steve grew up in the affluent community of Farmington Hills, Michigan. He also lived in Brussels from 1964 to 1967.

Steve Ballmer Wife

Steve is married to his beautiful wife Connie Snyder. The couple celebrated their wedding in 1990. Together they have three sons Sam, Aaron, and Peter, and reside in Hunts Point, Washington

Steve Ballmer Education

He attended the International School of Brussels. In 1973, Steve attended college prep and engineering classes at Lawrence Technological University. He graduated as valedictorian from Detroit Country Day School.

Steve attended Harvard University, where he was a manager for the Harvard Crimson football team and a member of the Fox Club, worked on The Harvard Crimson newspaper as well as the Harvard Advocate, and lived down the hall from fellow sophomore Bill Gates. He graduated magna cum laude with a Bachelor of Arts in applied mathematics and economics in 1977.

Steve Ballmer Microsoft

Steve joined Microsoft on June 11, 1980, and became Microsoft’s 30th employee and the first business manager hired by Gates. He eventually became president in 1998 and replaced Gates as CEO on January 13, 2000.

Since Bill Gates’ retirement, Steve oversaw a “dramatic shift away from the company’s PC-first heritage”, replacing most major division heads in order to break down the “talent-hoarding fiefdoms”. He was instrumental in driving Microsoft’s connected computing strategy, with acquisitions such as Skype. Under his tenure as CEO, Microsoft’s share price stagnated. The lackluster stock performance occurred despite Microsoft’s financial success at that time.

The company’s annual revenue surged from $25 billion to $70 billion, while its net income increased 215% to $23 billion, and its gross profit of 75 cents on every dollar in sales is double that of Google or IBM. Steve announced his retirement in 2013, after losing billions of dollars in acquisitions and on the Surface tablet. Microsoft’s stock price rebounded on the news.

Steve Ballmer Nokia

On June 19, 2012, at an event held in Hollywood, Los Angeles, he announced the company’s purchase of Nokia’s mobile phone division in September 2013, his last major acquisition for Microsoft as CEO. He called the acquisition of the mobile phone division of Nokia his “toughest decision” during his tenure, as it was overseeing the changing profile of Microsoft as it was expanding on hardware.

Steve Ballmer Yacht | House

Steve yacht adds to his unique and prestigious collection of luxuries. He owns a $US10 million home in Hunts Point, Washington. Besides, he also has other luxurious homes in many states across the U.S. Steve is one of the leading men responsible for the rise of Microsoft as the leader in computing technology today. Interestingly, he is known for his exuberant, energetic personality.

Steve Ballmer Net Worth

He was the second person after Roberto Goizueta to become a billionaire in U.S. dollars based on stock options received as an employee of a corporation in which he was neither a founder nor a relative of a founder. As of 2022,  Forbes Index estimates Steve’s personal wealth at $81.6 billion, ranking him as the 9th richest person in the world.

Who Is Steve Ballmer

Steve is an American business magnate and investor. He served as the chief executive officer of Microsoft from 2000 to 2014. Steve is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA).

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