Billionaire Profile
Steve Ballmer
Global Rank
#11

Image: Public domain | via Wikimedia Commons

Steve Ballmer

CEO, Microsoft
US
Real-Time Net Worth
$149.4B
As of December 2025
Age
69
Source
Microsoft
Industry
technology
Citizenship
US

Biography

Steve Ballmer, born March 24, 1956, is an American businessman and investor, best known for his time as CEO of Microsoft from 2000 to 2014. His career at Microsoft began in 1980, rising through the ranks to become president in 1998 before taking over as CEO. During his tenure, Microsoft saw significant growth, expanding into new areas like enterprise software and cloud services. Following his departure from Microsoft, Ballmer purchased the Los Angeles Clippers of the NBA. Ballmer's net worth is estimated at $149.4 billion, making him one of the wealthiest individuals in the world. He is also actively involved in philanthropy, co-founding the Ballmer Group with his wife Connie, focusing on initiatives to improve economic mobility and address social issues.

Wealth Over Time

In-Depth Profile

Early Life

Steven Anthony Ballmer was born in Detroit, Michigan, on March 24, 1956. His father was a manager at Ford Motor Company, and his mother is Jewish. Through his mother, he is a second cousin of the comedian Gilda Radner. He spent his childhood in Farmington Hills, Michigan, and also lived in Brussels for a few years. Ballmer excelled academically, graduating as valedictorian from Detroit Country Day School. He then attended Harvard University, where he lived down the hall from Bill Gates and graduated with a degree in applied mathematics and economics in 1977.

Rise to Success

After graduating from Harvard, Ballmer worked at Procter & Gamble for two years. He then briefly attended Stanford Graduate School of Business before leaving to join Microsoft in 1980 at the invitation of his friend, Bill Gates. Ballmer quickly rose through the ranks at Microsoft, taking on various leadership roles, including Executive Vice President for Sales and Support. He became President of Microsoft in 1998 and then succeeded Bill Gates as CEO in January 2000. Under his leadership, Microsoft tripled its sales and doubled its profits. Ballmer oversaw key acquisitions, including the purchase of Skype in 2011.

Key Business Strategies

During his time as CEO, Ballmer focused on expanding Microsoft's reach in enterprise software, devices, and cloud services. He led the company's development of the .NET Framework. He also made significant investments in areas like search and mobile, although Microsoft missed some of the early opportunities in the smartphone market. Ballmer also pushed the company into hardware with the Surface devices. In 2014, Ballmer retired as CEO, leaving a legacy of significant growth and transformation at Microsoft.

Philanthropy

After retiring from Microsoft, Ballmer, along with his wife Connie, co-founded the Ballmer Group in 2015, a philanthropic investment company focused on improving economic mobility for children and families. The Ballmer Group has made substantial investments in education, social services, and addressing systemic racism. In 2022, they donated $425 million to the University of Oregon to create the Ballmer Institute for Children's Behavioral Health. The Ballmers have given away over $5.7 billion.

Career Milestones

1980

Joined Microsoft

Became Microsoft's 30th employee.

1998

President of Microsoft

Promoted to President, de facto number two after Bill Gates.

2000

CEO of Microsoft

Succeeded Bill Gates as CEO.

2014

Retired as CEO of Microsoft

Stepped down as CEO, succeeded by Satya Nadella.

2014

Purchased Los Angeles Clippers

Bought the Los Angeles Clippers NBA team.

2015

Founded Ballmer Group

Co-founded the Ballmer Group with his wife Connie, a philanthropic investment company.

Philanthropy & Social Impact

Economic Mobility

Ballmer Group

$5.7B

Philanthropic organization focused on improving economic mobility for children and families.

Education and Health

University of Oregon

$425M

Donation to create the Ballmer Institute for Children's Behavioral Health.

Education

Communities in Schools

$165M

Commitments to build additional schools.

Education

Partnership for Los Angeles Schools

$23M

Investment in education.

Youth Development

Boys and Girls Club of America

$24M

Investment in youth development.

Business Philosophy & Leadership

Notable Quotes

"Computer science is the operating system for all innovation."

Leadership Principles

Focus on Growth

Driven the growth of Microsoft.

Customer-Centric Approach

Prioritized customer needs and satisfaction.

Commitment to Innovation

Championed technological advancements and new product development.