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Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. [2] Its best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, the Azure cloud computing platform and the Edge web browser.
From 1995 to 2017, he held the title of the wealthiest person in the world every year except in 2008 and from 2010 to 2013. In 1999, he became the first ever centibillionaire when his net worth briefly surpassed US$100 billion. Since leaving day-to-day operations at Microsoft in 2008, Gates has pursued other business and philanthropic endeavors.
Microsoft also announced that it authorized a new share repurchase program worth up to $60 billion in addition to its current program, which had $10.3 remaining as of June 30.
Of note, Microsoft's free cash flow amounted to $74 billion last year, markedly below its net income of $88.9 billion. Microsoft spent $13.9 billion in cash on capital expenditures in the fourth ...
By this GOBankingRates metric, Microsoft’s net worth is currently $456,132,333,333. For some investors, net worth is a much more compelling valuation than market cap. ... The Today Show
On 1 July 2024, Steve Ballmer surpassed Bill Gates to become the sixth-richest person in the world, driven by a 21% rise in Microsoft shares. Ballmer's $157.2 billion net worth, mostly in Microsoft stock, exceeded Gates's $156.7 billion, which is diversified and heavily donated to philanthropy. [108]
Microsoft was born in an Albuquerque garage in 1975. Co-founders Bill Gates and Paul Allen wanted to create software to run on an early personal computer known as the Altair 8800. The name ...
Satya Narayana Nadella (/ n ə ˈ d ɛ l ə /; born 19 August 1967) is an American business executive who is the executive chairperson and chief executive officer (CEO) of Microsoft, succeeding Steve Ballmer in 2014 as CEO [2] [3] and John W. Thompson in 2021 as chairman.