Former Microsoft CEO Steve Ballmer is set to make $1 billion a year for doing nothing

Former Microsoft CEO Steve Ballmer is set to make $1 billion a year for doing nothing

BySamod Biobaku

Renowned tech figure and the sixth richest person globally, Steve Ballmer, is poised to receive a substantial $1 billion in passive income from Microsoft in 2024. This windfall follows Microsoft’s decision to increase its quarterly dividend payout to 75 cents per share, amounting to $3 annually. As of the last ownership disclosure in 2014, Ballmer,…

Steve Ballmer, Former Microsoft Assistant, Ranks as World’s Fifth Richest Individual

Steve Ballmer, Former Microsoft Assistant, Ranks as World’s Fifth Richest Individual

BySamod Biobaku

According to Bloomberg’s real-time assessment, Steve Ballmer, previously an assistant to Bill Gates at Microsoft, has emerged as the world’s fifth-richest person. Ballmer, who started as the 24th employee at Microsoft in 1980, has experienced a substantial surge in wealth over the past year, amassing an estimated $117 billion, placing him just behind Bill Gates,…