Ballmer Surpasses Gates in Wealth Ranking
Ballmer Surpasses Gates in Wealth Ranking
Ballmer Surpasses Gates in Wealth Ranking
News summary

Former Microsoft CEO Steve Ballmer has surpassed Bill Gates to become the sixth richest person in the world, with a net worth of $157 billion. This significant milestone is primarily due to a 21% increase in Microsoft's stock this year, driven by its partnership with OpenAI and the ongoing AI boom. Over 90% of Ballmer's wealth is tied to his Microsoft shares, while Gates has diversified his $156.7 billion fortune and donated nearly $60 billion to philanthropy. Gates' investments through Cascade Investment and his philanthropic efforts, including the $75 billion Gates Foundation, have gradually reduced his net worth. Ballmer's fortune has also been bolstered by his 2014 investment in the Los Angeles Clippers, now valued at $4.6 billion. This marks the first time an employee has surpassed the founder of a major tech company in wealth.

Story Coverage
Ballmer Is Richer Than Gates, a First for Microsoft Billionaires
Ex-Microsoft CEO Steve Ballmer is now richer than founder Bill Gates
Steve Ballmer Now Wealthier Than His Former Boss Bill Gates
Bias Distribution
33% Unrated
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Left 33%
Right 33%
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3
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1
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0
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1
Unrated
1
Last Updated
45 days ago
Bias Distribution
33% Unrated

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Story Coverage
Ballmer Is Richer Than Gates, a First for Microsoft Billionaires
Ex-Microsoft CEO Steve Ballmer is now richer than founder Bill Gates
Steve Ballmer Now Wealthier Than His Former Boss Bill Gates
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