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Thursday, 8 May 2014

Move Over, Bill Gates: Steve Ballmer Now Biggest Microsoft Shareholder

Bill Gates is no longer the largest individual shareholder of Microsoft, the computer software company he founded with Paul Allen in 1975.

That title now goes to Steve Ballmer, the former CEO of Microsoft who recently ceded the lead job to Satya Nadella.

The change comes after Gates sold 4.6 million shares of Microsoft, according to a report from Bloomberg Businessweek.

Ballmer, who stepped down in February, holds 333.2 million stock positions in Microsoft, edging Gates by a few million shares. A couple institutional shareholders have larger positions, such as Vanguard Group (372.6 million shares) and State Street (343 million shares).

Gates still easily outpaces Ballmer in overall net worth, $77.2 billion to $20.1 billion, according to Forbes.

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