{"id":4144,"date":"2023-12-12T21:32:27","date_gmt":"2023-12-13T02:32:27","guid":{"rendered":"https:\/\/msftnewsnow.com\/?p=4144"},"modified":"2024-03-07T18:09:46","modified_gmt":"2024-03-07T23:09:46","slug":"former-microsoft-ceo-steve-ballmer","status":"publish","type":"post","link":"https:\/\/msftnewsnow.com\/former-microsoft-ceo-steve-ballmer\/","title":{"rendered":"Former CEO Steve Ballmer’s $1 billion in dividends from Microsoft shares"},"content":{"rendered":"

Steve Ballmer set to earn $1 billion in dividends from Microsoft shares<\/h2>\n

\"microsoft,<\/a><\/p>\n

 <\/p>\n

Former Microsoft CEO Steve Ballmer<\/a> is on pace to earn $1 billion in dividends annually from his massive stake in the software company.<\/p>\n

As described in a post by Business Insider<\/a>, Ballmer owns about 333 million shares of Microsoft, which is about 4.4% of the total outstanding shares.<\/p>\n

Microsoft announced on Tuesday that it will increase its quarterly dividend by 11%, which means Ballmer will receive about $0.62 per share every three months.<\/p>\n

That adds up to about $825 million per year, and if Microsoft continues to raise its dividend, Ballmer could reach the $1 billion mark in the next few years.<\/p>\n

\"2024<\/a><\/p>\n

Ballmer was the CEO of Microsoft from 2000 to 2014, and he is currently the owner of the Los Angeles Clippers NBA team.<\/p>\n

He is also the founder of USAFacts, a non-profit organization that provides data and analysis on government spending and outcomes.<\/p>\n

Ballmer is the sixth richest person in the world, with a net worth of $128 billion, according to Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Steve Ballmer set to earn $1 billion in dividends from Microsoft shares   Former Microsoft CEO Steve Ballmer is on pace to earn $1 billion in dividends annually from his massive stake in the software company. As described in a post by Business Insider, Ballmer owns about 333 million shares of Microsoft, which is about … Read more<\/a><\/p>\n","protected":false},"author":208461344,"featured_media":4153,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[24],"tags":[778],"class_list":["post-4144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-microsoft"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/msftnewsnow.com\/wp-content\/uploads\/2023\/12\/9186194.jpg","jetpack_shortlink":"https:\/\/wp.me\/pfgCZY-14Q","jetpack-related-posts":[{"id":22216,"url":"https:\/\/msftnewsnow.com\/microsoft-announces-new-stock-buyback-program\/","url_meta":{"origin":4144,"position":0},"title":"Microsoft announces significant financial updates: Dividend hike and new $60 billion stock buyback program","author":"Dave W. 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