Bill Gates’ assistant is on the verge of becoming wealthier than Gates himself

  • He made most of his money with Microsoft stock options
  • He owns the L.A. Clippers NBA team
  • He joined Microsoft in the 1980

Published on Nov 03, 2023 at 8:14 PM (UTC+4)
by Alessandro Renesis

Last updated on Nov 08, 2023 at 12:16 PM (UTC+4)
Edited by Amelia Jean Hershman-Jones

Bill Gates’ assistant is on the verge of becoming wealthier than Gates himself

Steve Ballmer is a name that may not ring a bell but he may soon become richer than Bill Gates.

The irony is that Ballmer started his career as Bill Gates’ assistant.

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Ballmer dropped out of Stanford business school to become the 30th employee at Microsoft in the 1980.

Back then, the company was a little more than a start-up so that move was actually pretty bold.

Ballmer had met Gates at Harvard undergrad just a few years prior to that, and after joining Microsoft, he essentially became Gates’ assistant.

His job was to make Microsoft more professional, he had to make it look and work more like a company rather than a small start-up.

He ran the company from 2000 to 2014.

However, after 14 years, Ballmer began regularly having ‘differences’, ie arguments, with the board, which is why he ultimately decided to step down.

After leaving Microsoft, he became the owner of the L.A. Clippers basketball team.

But that’s not the reason why he got so rich.

Ballmer needs to thank his own vision, cunning – and luck – for that.

Joining Microsoft in the 1980s looked like a gamble, but it was the right move.

In addition to that, Ballmer acquired billions worth of Microsoft stock, mostly through stock options he was given as part of his salary.

Most CEOs are paid (in part) in stock options so that bit is not particularly surprising.

However, back then, buying Microsoft stock was, again, a bit of a bet.

Ballmer was the right man in the right position at the right time.

Today, Steve Ballmer has a net worth of $106 billion, making him the ninth richest man on the planet.

To put that in perspective, Bill Gates is ‘only’ $7 billion richer than Ballmer.

Alessandro is an automotive journalist with 10 years of experience covering supercars, automotive history, emerging vehicle technology, and luxury transportation. He wrote the first article published on SupercarBlondie.com when the website launched in 2022 and has since built a reputation for insightful reporting across the automotive and transportation industries. His expertise is grounded in hands-on experience. Alessandro has driven every Tesla model ever produced, from the original Roadster to the Cybertruck, and regularly covers the latest developments in electric vehicles and automotive innovation. His passion for transportation extends beyond cars, he has even flown a Boeing 787 Dreamliner simulator in Addis Ababa, Ethiopia. His reporting spans everything from classic American muscle cars and rare automotive discoveries to luxury yachts, private aircraft, high-end watches, and cutting-edge vehicle technology. Known for his deep knowledge of automotive history and ability to uncover the stories behind iconic vehicles, Alessandro brings readers a blend of historical context, technical expertise, and first-hand experience.