
Howard Schultz
American businessman
Steve Ballmer is a successful American businessman and investor who served as the CEO of Microsoft from 2000 to 2014. He is currently the owner of the Los Angeles Clippers NBA team and a co-founder of the philanthropic investment company Ballmer Group. With a net worth estimated at around $147 billion, Ballmer is one of the wealthiest people in the world.
Table of Contents
Steven Anthony Ballmeris an American businessman and investor who was the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers of the National Basketball Association (NBA). He is a co-founder of Ballmer Group, a philanthropic investment company.
As of June 2024, Bloomberg Billionaires Index estimates his personal wealth at around $147 billion, making him the seventh-richest person in the world. At the same time Forbes ranks him as the tenth-richest person with a net worth of $125 billion.
Ballmer was hired by Bill Gates at Microsoft in 1980, and subsequently left the MBA program at Stanford University. He eventually became president in 1998, and replaced Gates as CEO on January 13, 2000. On February 4, 2014, Ballmer retired as CEO and was replaced by Satya Nadella; Ballmer remained on Microsoft’s board of directors until August 19, 2014.
Under Ballmer’s leadership, the company tripled sales and doubled profits, but lost its market dominance and missed out on 21st-century technology trends such as the ascendance of smartphones in the forms of iPhone and Android.
Players and sportswriters generally consider Ballmer’s ownership of the Clippers as an improvement over previous owner Donald Sterling, citing his willingness to acquire superstar players and finance the construction of Intuit Dome.
Steve Ballmer is an American businessman and investor who was the chief executive officer of Microsoft from 2000 to 2014. He is the owner of the Los Angeles Clippers NBA team and a co-founder of the philanthropic investment company Ballmer Group.
As of June 2024, Steve Ballmer’s net worth is estimated at around $147 billion, making him the seventh-richest person in the world according to the Bloomberg Billionaires Index.
Steve Ballmer was hired by Bill Gates at Microsoft in 1980. He eventually became president in 1998 and replaced Gates as CEO on January 13, 2000, a position he held until his retirement in 2014.
Under Steve Ballmer’s leadership, Microsoft’s sales tripled and profits doubled, but the company lost its market dominance and missed out on 21st-century technology trends such as the rise of smartphones.
Players and sportswriters generally consider Steve Ballmer’s ownership of the Los Angeles Clippers an improvement over previous owner Donald Sterling, citing his willingness to acquire superstar players and finance the construction of a new arena, the Intuit Dome.
We can believe that we know where the world should go. But unless we’re in touch with our customers, our model of the world can diverge from reality. There’s no substitute for innovation, of course, but innovation is no substitute for being in touch, either.
American businessman, former chief executive officer of Microsoft
My children – in many dimensions they’re as poorly behaved as many other children, but at least on this dimension I’ve got my kids brainwashed: You don’t use Google, and you don’t use an iPod.
American businessman, former chief executive officer of Microsoft
Certainly, we continue to bring in new people. We’ll hire, net new, over 4,000 people this year, and attract great people into the company. I’m very bullish about the employee base and what it can accomplish.
American businessman, former chief executive officer of Microsoft
I have lots of sources of information about what’s going on at the company. I think I have a pretty good pulse on where we are and what people are thinking.
American businessman, former chief executive officer of Microsoft
Great companies have high cultures of accountability, it comes with this culture of criticism I was talking about before, and I think our culture is strong on that.
American businessman, former chief executive officer of Microsoft
Our people, our shareholders, me, Bill Gates, we expect to change the world in every way, to succeed wildly at everything we touch, to have the broadest impact of any company in the world.
American businessman, former chief executive officer of Microsoft
I think our leadership team is a highly accountable leadership team.
American businessman, former chief executive officer of Microsoft
Our mail product, Hotmail, is the market leader globally.
American businessman, former chief executive officer of Microsoft
We will make our products work out of the box.
American businessman, former chief executive officer of Microsoft
Linux is a cancer that attaches itself in an intellectual property sense to everything it touches.
American businessman, former chief executive officer of Microsoft
I’m very, very bullish about our prospects, and as I tell our board, as I tell our employees, this is the time to invest. There’s so much opportunity. Let’s just invest in that opportunity, and really get after it.
American businessman, former chief executive officer of Microsoft
And then you take a look at Spaces, there is this great innovation that came out of nowhere. We have the number one blogging site in the world because of the innovation that’s there.
American businessman, former chief executive officer of Microsoft
I come back to the same thing: We’ve got the greatest pipeline in the company’s history in the next 12 months, and we’ve had the most amazing financial results possible over the last five years, and we’re predicting being back at double-digit revenue growth in fiscal year ’06.
American businessman, former chief executive officer of Microsoft
Look at the product pipeline, look at the fantastic financial results we’ve had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you’re really listening and reacting to the best ideas of the people we have.
American businessman, former chief executive officer of Microsoft
We don’t have a monopoly. We have market share. There’s a difference.
American businessman, former chief executive officer of Microsoft
I think it would be absolutely reckless and irresponsible for anyone to try and break up Microsoft.
American businessman, former chief executive officer of Microsoft
We’ve grown from 18% of the profits of the top 25 companies in our industry to 23% of the profits of the top 25 companies in our industry over the last five years. Profits are up over 70%, where the industry profit is up about 35%. Pretty good.
American businessman, former chief executive officer of Microsoft
Google’s not a real company. It’s a house of cards.
American businessman, former chief executive officer of Microsoft
The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn’t think they could learn before, and so in a sense it is all about potential.
American businessman, former chief executive officer of Microsoft
What we’ve gone through in the last several years has caused some people to question ‘Can we trust Microsoft?’
American businessman, former chief executive officer of Microsoft
I don’t know what a monopoly is until somebody tells me.
American businessman, former chief executive officer of Microsoft
All companies of any size have to continue to push to make sure you get the right leaders, the right team, the right people to be fast acting, and fast moving in the marketplace. We’ve got great leaders, and we continue to attract and promote great new leaders.
American businessman, former chief executive officer of Microsoft
So, I think the output of our innovation is great. We have a culture of self-improvement. I know we can continue to improve. There is no issue. But at the same time, our absolute level of output is fantastic.
American businessman, former chief executive officer of Microsoft
Our company has to be a company that enables its people.
American businessman, former chief executive officer of Microsoft
Accessible design is good design.
American businessman, former chief executive officer of Microsoft
I’m not sure blogs are necessarily the best place to get a pulse on anything. People want to blog for a variety of reasons, and that may or may not be representative.
American businessman, former chief executive officer of Microsoft
I have never, honestly, thrown a chair in my life.
American businessman, former chief executive officer of Microsoft
Great companies in the way they work, start with great leaders.
American businessman, former chief executive officer of Microsoft