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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. [108]
Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. [2] Its best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, the Azure cloud computing platform and the Edge web browser.
He co-founded Microsoft Corporation with his childhood friend Bill Gates in 1975, which was followed by the microcomputer revolution of the 1970s and 1980s. Allen was ranked as the 44th-wealthiest person in the world by Forbes with an estimated net worth of $20.3 billion at the time of his death in October 2018. [2] [3]
The name "Microsoft"... Co-founders Bill Gates and Paul Allen wanted to create software to run on an early personal computer known as the Altair 8800. How Much Is Microsoft Worth?
Microsoft’s Net Worth Is Approximately $456.132 Billion. In its simplest form, net worth is simply a company’s assets minus its liabilities. By this metric, which is also referred to as ...
Microsoft also announced that it authorized a new share repurchase program worth up to $60 billion in addition to its current program, which had $10.3 remaining as of June 30.
Of note, Microsoft's free cash flow amounted to $74 billion last year, markedly below its net income of $88.9 billion. Microsoft spent $13.9 billion in cash on capital expenditures in the fourth ...
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.