Steve Ballmer

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How to Make a $1B Salary by Doing Nothing
How to Make
a $1B Salary
Just Sitting
Around
in case you missed it
Dec 31, 2023 3:30 PM CST

How to Make a $1B Salary Just Sitting Around

That's what former Microsoft CEO Steve Ballmer will do in 2024, thanks to his dividends

(Newser) - It's nice work if you can get it: Former Microsoft CEO Steve Ballmer will make $1 billion in 2024 without actually working, reports CNN . It's all thanks to his Microsoft dividends: The company just announced it will pay $3 in dividends per share next year, and Ballmer has...

Meet the 10 Richest People in the World

You know many of them already, including Elon Musk at No. 1, per 'Forbes' annual billionaires ranking

(Newser) - If Forbes is trying to make us feel bad for the world's billionaires, it's not really working. The magazine notes that, collectively, this group is now worth $400 billion less than they were a year ago, thanks to the ongoing pandemic, tepid markets, and war—but 1,000...

Steve Ballmer's Secret $10M Site on Gov't Spending Debuts

Ex-Microsoft CEO has been compiling monster database for 3 years

(Newser) - Ask Steve Ballmer about the project he's been quietly working on since he retired as CEO of Microsoft , and he starts gushing with the "excitement of a child showing off a new toy," per the New York Times . That three-year project is USAFacts.org , a "first...

Gun Control Fight's New Big Dogs: Bill, Melinda Gates

They back Washington state bill

(Newser) - After helping to save a million kids' lives through their anti-malaria efforts in Africa, as the Daily Beast notes, Bill and Melinda Gates are turning their eyes—and wallets—to an issue closer to home. The two are donating $500,000 each to support a Washington state ballot initiative calling...

'Busy' Ballmer Quits Microsoft
 'Busy' Ballmer Quits Microsoft 
Aug 20, 2014 12:03 AM CDT

'Busy' Ballmer Quits Microsoft

New LA Clippers owner plans to devote his time to team

(Newser) - Steve Ballmer has decided his new role as owner of the Los Angeles Clippers hasn't left him enough free time for other responsibilities—like serving on Microsoft's board. Ballmer, Microsoft CEO for 14 years until he stepped down in February, says he is "very busy" and is...

Ballmer Takes Over as LA Clippers Owner

Judge makes sale official

(Newser) - Steve Ballmer finally has an NBA outlet for his rah-rah displays of emotion as the new owner of the Los Angeles Clippers. The former Microsoft CEO's record $2 billion purchase of the team was confirmed by a Los Angeles judge yesterday, clearing the way for the avid pickup basketball...

Judge Sides With Sterling's Wife, OKs Clippers Sale

Rules against Donald Sterling

(Newser) - A judge has ruled against Los Angeles Clippers owner Donald Sterling and cleared the way for the $2 billion sale of the team to ex-Microsoft CEO Steve Ballmer. Judge Michael Levanas sided today with Sterling's estranged wife in the case that arose after the 80-year-old billionaire was banned by...

Sterling OKs Clippers Sale, Feels 'Fabulous'

He drops opposition to $2B Ballmer buy

(Newser) - Instead of unleashing a legal battle his lawyer likened to "World War III," Donald Sterling has decided to just sell the Los Angeles Clippers for a massive profit. His lawyer says Sterling has approved the sale of the team to Steve Ballmer for $2 billion and will drop...

Sterling Sues NBA for $1B
 Sterling Sues NBA for $1B 
May 31, 2014 5:31 AM CDT

Sterling Sues NBA for $1B

Though his wife would have to pay it

(Newser) - The soap opera that is Donald Sterling's ownership of the Los Angeles Clippers seems to be winding down, but not without a few last-minute plot twists. To begin with, Steve Ballmer's $2 billion purchase of the team is now all but a done deal and expected to close...

Donald Sterling Declared Mentally Unfit

Clippers owner can't block sale, according to report

(Newser) - Donald Sterling has been declared mentally unfit to run the Sterling Family Trust, the entity that officially owns the Clippers, and hence cannot block the sale of the team to Steve Ballmer, sources tell USA Today and ESPN . Shelly Sterling put out a press release last night saying that she...

Report: Steve Ballmer to Buy LA Clippers

'LA Times' says former Microsoft exec has the winning bid at $2B

(Newser) - Steve Ballmer is a very rich man from his days at Microsoft , and it looks like he's about to acquire a rich man's hobby: The LA Times reports that the former CEO has won the bidding war to become the new owner of the LA Clippers for $2...

Top Microsoft Investors Want to Boot Bill Gates

Small group doesn't want him picking the next CEO

(Newser) - Three of Microsoft's top 20 investors are calling for the head of Mr. Microsoft himself. It's been a long time since Gates actively ran the company, but he's still chairman of the board, and is on the special committee that will select a new CEO. The board...

Microsoft Buys Nokia's Phone Side for $7.2B

And it may have nabbed a new CEO in the process

(Newser) - Two firms largely left in the dust by the smartphone era are set to become one with Microsoft's $7.2 billion acquisition of Nokia's cell phone business. "It's a bold step into the future," said Microsoft CEO Steve Ballmer, who plans to step down within...

Business Gurus Opine: How I'd Fix Microsoft

From building a better tablet to creating more chaos

(Newser) - Microsoft revenue tripled under soon-to-be-ex CEO Steve Ballmer , but the one thing that $78 billion in sales can't buy is street cred. The Wall Street Journal asks an assortment of business leaders how they'd help the company get its groove back. A few highlights:
  • Alex Rampell, co-founder and
...

Ballmer Made $769M in Quitting
 Ballmer Made $769M in Quitting 
Aug 23, 2013 2:00 PM CDT

Ballmer Made $769M in Quitting

Because investors were so glad he was leaving

(Newser) - Cheer up, Steve Ballmer. Sure, you had to make the fairly humiliating announcement that you were stepping down as Microsoft CEO sooner than you'd wanted to. But on the bright side, you made a lot of money in the process. Investors were so excited to see the backside of...

Microsoft's Steve Ballmer to Retire; Stock Surges

Tech giant doesn't announce his successor

(Newser) - It's probably a bad sign when investors react to news of your CEO's departure by buying like crazy. Microsoft dropped a bombshell this morning by announcing that Steve Ballmer would retire within 12 months, the AP reports. The company gave no indication of who might succeed the longtime...

Microsoft Unveils Windows Phone 8 With ... Jessica Alba?

Microsoft touts phone's customization features

(Newser) - Microsoft officially unveiled Windows Phone 8 yesterday, and it did so with a special celebrity guest: Jessica Alba. Microsoft invited the actress to tout the phone's "Kid's Corner" feature, which allows parents to control what apps kids have access to, touting her as a "great example...

Ballmer on Windows 8: Whole Screen Is a 'Start Button'

Microsoft launches new operating system

(Newser) - Microsoft formally launched Windows 8 today, which, if you haven't heard, heralds the biggest change to the industry's dominant operating system in at least 17 years. It's designed to run on both PCs and tablet computers, and one of the biggest changes is the disappearance of the...

Microsoft Unveils 'Surface' Tablet

CEO Steve Ballmer shows off tablet with multi-touch keyboard

(Newser) - Microsoft CEO Steve Ballmer revealed the company's uber-hyped new tablet at an event in Los Angeles today: the Microsoft Surface. Windows division President Steven Sinofsky ran down the details, MSNBC and Forbes report:
  • A magnetic, clip-on cover includes a multi-touch keyboard and trackpad, which Sinofsky says is twice as
...

Investor to Microsoft: Ditch 'Charlie Brown' Ballmer

David Einhorn calls for Steve Ballmer's head

(Newser) - Big-time hedge fund manager David Einhorn called for Steve Ballmer’s head yesterday, saying Microsoft suffered from “Charlie Brown management.” Einhorn’s Greenlight Capital has been snapping up Microsoft shares, which, he told the Ira Sohn Investment Conference, are at a “remarkable discount” because of Ballmer’s...

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