Steve Ballmer’s net worth is primarily tied to his holdings in Microsoft, where he served as CEO from 2000 to 2014. As of mid-2024, his net worth is estimated to be around $119.2 billion.
Here’s a breakdown of the key factors contributing to his wealth:
Microsoft Stock Holdings
Steve Ballmer’s primary source of wealth comes from his ownership stake in Microsoft. Ballmer owns a significant amount of Microsoft shares, which make up the largest portion of his net worth.
Los Angeles Clippers
Ballmer purchased the NBA team Los Angeles Clippers in 2014 for $2 billion. The team’s value has appreciated significantly since then.
Real Estate
Ballmer owns multiple high-value properties, including:
- A large estate in Hunts Point, Washington.
- Other properties in Los Angeles, California.
Other Investments
Ballmer has various other investments, including early-stage tech companies and real estate ventures.
Cash and Other Assets
Ballmer has accumulated substantial cash and other liquid assets from selling Microsoft shares over the years. These funds are used for personal investments, expenditures, and philanthropic activities.
Philanthropy
Steve Ballmer has committed significant funds to philanthropy through the Ballmer Group, which focuses on economic mobility and poverty reduction in the United States.
Estimation Net Worth of Steve Ballmer
As of mid-2024, Steve Ballmer’s net worth is estimated to be around $119.2 billion. This estimate can fluctuate based on the performance of Microsoft and other investments. His wealth places him among the richest individuals in the world.
You can find the Real-Time Billionaires List here.