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    Home»Tech»Steve Ballmer is now richer than Bill Gates
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    Steve Ballmer is now richer than Bill Gates

    Theodore MeeksBy Theodore MeeksJuly 3, 2024No Comments2 Mins Read
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    Steve Ballmer is now richer than Bill Gates
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    The former Microsoft CEO is now the sixth richest person in the world.

    Steve Ballmer he have Bill Gates He surpassed him on Bloomberg's list of the world's richest people. He's now woken up. Rank 6. That makes the former Microsoft CEO richer than one of the company's first founders.

    As Bloomberg reported, Palmer owns $157.2 billion. His assets have doubled since 2022. He still owned them at that time. 77 billionBill Gates owns $156.7 billion And now it arrives 7th place One of the richest people in the world. On Fifth place Ballmer is a co-founder of Alphabet. Page I see ($162 billion).

    ➤ Read more: Steve Ballmer: “The biggest mistake I made was Vista”

    Steve Ballmer is now the owner of the Los Angeles Clippers.

    © USA TODAY Sports via Reuters/Kirby Lee

    Microsoft shares rise on AI boom

    Palmer achieved this, among other things, through his stake in Microsoft stocksWhen he left Microsoft in 2014, he continued to do so. 333 million sharesWhich represents a share 4 percent Consistent. The stock has surged over the past 12 months on the back of the AI ​​boom. 35 percentBloomberg estimates that Palmer retained most of the shares. They are now, according to Bloomberg, 9 times Value. It is also said that he has made billions in profits.

    ➤ Read more: Why does former CEO Steve Ballmer get $1 billion from Microsoft?

    On the other hand, Bill Gates has spread his wealth away from Microsoft and across several ventures. Donated Large amounts, including through Bill & Melinda Gates Foundation. 2000 Gates replaced Ballmer as chairman of Microsoft and retired in 2014. He later bought the NBA team Los Angeles Clippers for $2 billion.

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    Theodore Meeks

    Lifelong foodaholic. Professional twitter expert. Organizer. Award-winning internet geek. Coffee advocate.

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