Former Microsoft CEO Steve Ballmer briefly outpaced the company’s co-founder, Bill Gates, in terms of wealth last week, as per Bloomberg’s Billionaires Index.
What Happened: Ballmer, who joined Microsoft Corp. (NASDAQ:MSFT) in 1980, saw his wealth exceed that of Gates for a short period. The two are currently estimated to be worth $158 billion each, the Bloomberg index shows. Ballmer served as Microsoft’s CEO from 2000 to 2014, succeeding Gates in the role.
Ballmer’s extensive wealth has been invested in a variety of ventures, including sports and real estate.
In 2014, he purchased the Los Angeles Clippers NBA team for a record $2 billion. ...