by Steve Ballmer, the former CEO of Microsoft and current owner of the Los Angeles Clippers, boasts a net worth of $136 billion as of March 15, 2025, according to the Bloomberg Billionaires Index. This positions him among the top 10 wealthiest individuals globally.
Let’s Breakdown The Net Worth:
Microsoft Holdings
Ballmer’s wealth is predominantly tied to his substantial stake in Microsoft. He owns approximately 4% of the company’s shares, making him the largest individual shareholder . His investment approach is notably concentrated, with over 80% of his portfolio in Microsoft stock and index funds as per Bloomberg and WSJ.
Los Angeles Clippers
In 2014, Ballmer acquired the NBA’s Los Angeles Clippers for $2 billion. As of 2024, the team’s valuation has risen to approximately $5.68 billion . To facilitate this purchase, Ballmer sold 14 million Microsoft shares.
Intuit Dome & The Forum
To provide the Clippers with a dedicated arena, Ballmer invested $2 billion in constructing the Intuit Dome in Inglewood, which officially opened in August 2024 . Prior to this, he purchased The Forum for $400 million in 2020 to resolve legal disputes related to the new arena’s construction.
Philanthropy
In 2015, Ballmer and his wife, Connie, established the Ballmer Group, focusing on improving economic mobility for children and families in the U.S. . Their philanthropic endeavors include:
- A $425 million donation to the University of Oregon in 2022 for a new institute dedicated to children’s behavioral health .(Wikipedia)
- A $60 million gift to Harvard University’s computer science department in 2014 .(Wikipedia)
- A $400 million initiative to support Black entrepreneurs, in collaboration with partners like Goldman Sachs and JPMorgan Chase .(AboveCEO)
Personal Life
Steve Ballmer was born on March 24, 1956, in Detroit, Michigan. He graduated from Harvard University in 1977 and joined Microsoft in 1980. Ballmer is married to Connie Snyder, and they have three sons. The family resides primarily in Hunts Point, Washington, and owns multiple properties in the Seattle area .
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Frequently Asked Questions
What is Steve Ballmer’s current net worth?
As of March 15, 2025, Steve Ballmer’s net worth is estimated at $136 billion .
How did Steve Ballmer accumulate his wealth?
Ballmer’s wealth primarily stems from his tenure at Microsoft, where he served as CEO from 2000 to 2014, and his significant shareholding in the company. His ownership of the Los Angeles Clippers and investments in real estate also contribute to his net worth.
What philanthropic initiatives is Steve Ballmer involved in?
Through the Ballmer Group, Steve and Connie Ballmer focus on initiatives aimed at improving economic mobility, education, and public health in the United States. Notable contributions include substantial donations to the University of Oregon and Harvard University, as well as support for Black entrepreneurs.
Steve Ballmer’s journey from a Microsoft executive to one of the world’s wealthiest individuals underscores his strategic investments and commitment to philanthropy.
