{"id":7700,"date":"2023-10-31T18:08:18","date_gmt":"2023-10-31T18:08:18","guid":{"rendered":"https:\/\/infundpros.com\/business\/steve-ballmer-who-started-as-bill-gates-assistant-is-the-5th-richest-person-in-the-world\/"},"modified":"2023-10-31T18:08:19","modified_gmt":"2023-10-31T18:08:19","slug":"steve-ballmer-who-started-as-bill-gates-assistant-is-the-5th-richest-person-in-the-world","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=7700","title":{"rendered":"Steve Ballmer, who started as Bill Gates\u2019 assistant, is the 5th-richest person in the world"},"content":{"rendered":"<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeeq3nt001k47p468w4g4s6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Bill Gates\u2019 former assistant at Microsoft is now the fifth-richest person in the world, per Bloomberg\u2019s tally, and only one spot behind Gates on the real-time list of the world\u2019s richest people.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeetmba00053b6iz80k84st@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Steve Ballmer, who joined Microsoft as its 24th-ever employee in 1980, has seen his wealth balloon over the past year to reach some $117 billion, per Bloomberg\u2019s data on Tuesday. This figure is only some $5 billion shy of Gates\u2019 estimated net worth of $122 billion. (Gates has notably been giving away large sums of cash as part of his philanthropic efforts since stepping away from Microsoft).\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeetmbb00063b6i8ufcvpu8@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Ballmer\u2019s billions puts him in fifth place on the Billionaires Index, and his wealth since the beginning of the year has surged by more than $30 billion. Ahead of Ballmer  are only Elon Musk, Bernard Arnault, Jeff Bezos and Bill Gates. And rounding out the top 10 behind Ballmer are Larry Ellison, Warren Buffet, Larry Page, Mark Zuckerberg and Sergey Brin. Ballmer is unique among the top-10 cohort in being the only non-founder of a major business empire.\n  <\/p>\n<div data-uri=\"cms.cnn.com\/_components\/video-resource\/instances\/cloeheub900033b6i7rty65bp@published\" data-component-name=\"video-resource\" data-editable=\"settings\" class=\"video-resource\" data-fixed-ratio=\"16x9\" data-parent-uri=\"cms.cnn.com\/_components\/video-resource\/instances\/h_19aa12dbf243d32d5f5b4e378b3d0a49@published\" data-video-id=\"video\/news\/2014\/05\/30\/ballmer-background.cnnmoney\" data-live=\"\" data-analytics-aggregate-events=\"true\" data-custom-experience=\"\" data-asset-type=\"hlsTs\" data-medium-env=\"prod\" data-autostart=\"unmuted\" data-show-ads=\"true\" data-source=\"CNN\" data-featured-video=\"true\" data-headline=\"Who is Steve Ballmer?\" data-description=\"Former charismatic Microsoft chief Steve Ballmer shells out $2 billion for the LA Clippers.\" data-duration=\"01:59\" data-source-html='&lt;span class=\"video-resource__source\"&gt; - Source:\n                &lt;a href=\"https:\/\/www.cnn.com\/\" class=\"video-resource__source-url\"&gt;CNN&lt;\/a&gt;\n    &lt;\/span&gt;' data-fave-thumbnails='{\"big\": { \"uri\": \"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/140530080057-ballmer-background-00011910.jpg?q=w_1280,h_720,x_0,y_0,c_fill\/h_540,w_960\" }, \"small\": { \"uri\": \"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/140530080057-ballmer-background-00011910.jpg?q=w_1280,h_720,x_0,y_0,c_fill\/h_540,w_960\" }  }' data-vr-video=\"false\" data-show-html=\"<!-- unable to render partial show without a supplied context -->&#8221; data-byline-html='&lt;div data-uri=&#8221;cms.cnn.com\/_components\/byline\/instances\/byline_h_19aa12dbf243d32d5f5b4e378b3d0a49-video-resource@published&#8221; class=&#8221;byline&#8221; data-editable=&#8221;settings&#8221;&gt;<br \/>\n\t\t&lt;div class=&#8221;byline__images&#8221;&gt;<br \/>\n\t\t&lt;\/div&gt;<br \/>\n\t\t&lt;div class=&#8221;byline__names&#8221;&gt;<br \/>\n\t\t\t&lt;span class=&#8221;byline__name&#8221;&gt;Alexandra Peers&lt;\/span&gt;<br \/>\n\t\t&lt;\/div&gt;<br \/>\n&lt;\/div&gt;&#8217; data-check-event-based-preview=&#8221;&#8221; data-network-id=&#8221;&#8221; data-details=&#8221;&#8221;><\/p>\n<div id=\"player-cms.cnn.com\/_components\/video-resource\/instances\/cloeheub900033b6i7rty65bp@published\" class=\"video-resource__wrapper\">\n<div class=\"video-resource__image\">\n<div data-uri=\"cms.cnn.com\/_components\/image\/instances\/cloehfj5y000c3b6ial3lk4a7@published\" class=\"image image__hide-placeholder\" data-image-variation=\"image\" data-name=\"ballmer background_00011910\" data-component-name=\"image\" data-observe-re data-breakpoints=\"{\" image--eq-extra-small=\"\" data-original-ratio=\"0.5625\" data-original-height=\"720\" data-original-width=\"1280\" data-url=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/140530080057-ballmer-background-00011910.jpg?q=w_1280,h_720,x_0,y_0,c_fill\" data-unselectable=\"true\">\n<div class=\"image__container \" data-image-variation=\"image\" data-breakpoints=\"{\" image--eq-extra-small=\"\">\n       <picture class=\"image__picture\"><\/picture>\n    <\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeetmbb00073b6iog6czwg1@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Ballmer attended Harvard University, where he met Gates. While Gates dropped out to start Microsoft, Ballmer graduated in 1977 with degrees in applied mathematics and economics.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeh7t8c00003b6ijzlg7lkn@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Ballmer began his career at Microsoft as an assistant to the president some four decades ago, though his role at the time was more of a business manager for the fast-growing software maker. He rose through the ranks to eventually become its president and then CEO, succeeding Gates. Ballmer stepped down as CEO in 2014, the same year he bought the Los Angeles Clippers basketball team.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloeetmbb00083b6i7w2iw1kb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Much of Ballmer\u2019s wealth remains tied up in Microsoft stock. Bloomberg estimates Ballmer still owns a roughly 4% stake in the company. Shares for Microsoft have rocketed up some 40% in 2023 alone, thanks in large part to an AI-fueled turnaround rally in the tech sector.\n  <\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnn.com\/2023\/10\/31\/tech\/steve-ballmer-bill-gates-billionaires\/index.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Gates\u2019 former assistant at Microsoft is now the fifth-richest person in the world, per Bloomberg\u2019s tally, and only one spot behind&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-7700","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - 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