Forbes reports that outgoing Microsoft CEO Steve Ballmer has managed to increase his personal wealth by a staggering $0.789 billion simply by announcing his retirement from the company. When Steve Ballmer announced his departure from Microsoft shares in the company rose by about 10% in a very short period, eventually levelling out to around a 7.5% increase. Ballmer currently owns 333.252 million shares in Microsoft. In March 2013 his net worth was around $15.2 billion and now that has risen to $17.2 billion, up 13%. The majority of that rise is thanks to share price rises.
After the dust had settled on the announcement Steve Ballmer now finds himself $789 million richer. Forbes notes that if he had not of sold 75 million shares back in November 2010 he probably would of come a lot closer to that $1 billion mark. Who would have known retirement could have been so profitable?!
Image courtesy of Microsoft
Pixart 3327 optical sensor with native DPI of up to 6, 200 Comfortable symmetric design…
✽[NOTES] An Aqara Zigbee 3.0 Hub is required and sold separately. The Aqara Cube T1…
Flight cloche with 4 firing triggers Dual speaker Riser included 17" monitor Light-up marquee Was…
14 games in 1 Wi-Fi Monitor 17” LCD Light Up Marquee 3D Coindoor Was £549.99…
Game in the Fast Lane: Play with hyper-fast, sub-1ms SLIPSTREAM CORSAIR WIRELESS TECHNOLOGY, or connect…
【RGB Backlight Keyboard 】: A variety of light colors and light modes to choose from,…