Steve Ballmer's net worth just passed Bill Gates for the first time ever

Jul 3, 2024

Steve Ballmer surpasses Bill Gates in net worth, now valued at $158 billion due to Microsoft's stock surge, making him the sixth richest person globally.

Steve Ballmer's net worth just passed Bill Gates for the first time ever

: Steve Ballmer's fortune has exceeded Bill Gates' for the first time, placing him as the sixth richest person in the world with $158 billion. Ballmer's wealth, primarily tied up in Microsoft stock, benefited from a 22% surge in shares this year. Despite joining Microsoft with no equity, Ballmer's strategic stock holdings have paid off significantly.

Steve Ballmer's fortune has surpassed that of Bill Gates for the first time ever, making Ballmer the sixth richest person in the world with a net worth of $158 billion. This milestone is remarkable, given Ballmer's start at Microsoft in 1980 with just a salary of $50,000 and a profit growth agreement.

Ballmer's latest financial leap is attributed to Microsoft's impressive stock performance, which has surged 22 percent since January. Holding around four percent of Microsoft stock, compared to Gates' one percent, has greatly contributed to Ballmer's current wealth.

Ballmer's wealth now places him above notable figures like Sergey Brin, Warren Buffett, and Larry Ellison. However, he still trails behind others such as Larry Page, Mark Zuckerberg, Jeff Bezos, and Elon Musk, who continues to hold the top spot with a net worth of $241 billion.