Steve Ballmer just made $625 million by firing himself
Since Steve Ballmer’s announcement this morning that he’s stepping down as CEO of Microsoft in the next 12 months, the company’s stock has popped more than 8%. Ballmer is Microsoft’s second-largest individual shareholder, with 333,252,990 shares, which means his $16 billion net worth just appreciated $625 million. Bill Gates, Microsoft’s largest individual shareholder, just added $741 million to his $71.3 billion kitty.
Since Steve Ballmer’s announcement this morning that he’s stepping down as CEO of Microsoft in the next 12 months, the company’s stock has popped more than 8%. Ballmer is Microsoft’s second-largest individual shareholder, with 333,252,990 shares, which means his $16 billion net worth just appreciated $625 million. Bill Gates, Microsoft’s largest individual shareholder, just added $741 million to his $71.3 billion kitty.
Ballmer says he is “emotional” about saying farewell to Microsoft.