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The Richest 9-5 Employee Ever is Kind of A Weirdo - How Money Works

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How Money Works

Steve Ballmer, currently worth over ninety billion dollars, is the richest person ever to have made his fortune from “a job”.

Where almost all other billionaires got their fortunes from investments, inheritances or starting their own companies, Ballmer got there be taking over from Bill Gates to be the CEO of Microsoft between 2000 and 2014.

Ballmer was an old school businessman, which was arguably what the growing tech company needed at the time. During his tenure Ballmer tripled the company’s sales and doubled their profits by focusing on big ticket products for businesses.

Ballmer was rewarded for this performance with massive bonuses, mostly coming form of Microsoft stock which has become the source of his huge personal fortune.

Big bonuses don’t mean he was necessarily a great CEO however.

Investors criticize him for focusing too much on business products and missing out on new tech trends like smartphones.

Despite his sales performance he is probably best known by Microsoft employees for the time he held a funeral for the iPhone because he believed the windows phone was going to make the apple product irrelevant.

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Edited By: Andrew Gonzales

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

posted by hoyanfungjx