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Steven Anthony Ballmer (born March 24, 1956) is an American businessman, investor and philanthropist who was the chief executive officer of Microsoft from January 2000 to February 2014, and is the current owner of the Los Angeles Clippers of the National Basketball Association (NBA). As of January 2018, his personal wealth is estimated at US$38.7 billion, ranking him the 21st richest person in the world.
Ballmer was hired by Bill Gates at Microsoft in 1980 after dropping out of Stanford University. He eventually became President in 1998, and replaced Gates as CEO in 2000. It was announced on August 23, 2013, that he would step down as Microsoft's CEO within 12 months. On February 4, 2014, Ballmer retired as CEO and was succeeded by Satya Nadella; Ballmer resigned from the Board of Directors on August 19, 2014 to prepare for teaching a new class and for the start of the NBA season. On May 29, 2014, Ballmer placed a bid of $2 billion to purchase the NBA's Los Angeles Clippers after NBA commissioner Adam Silver forced Donald Sterling to sell the team. He officially became the Clippers owner on August 12, 2014; Microsoft co-founder Paul Allen is a fellow owner in the NBA, having owned the Portland Trail Blazers since 1988.
His time as Microsoft CEO has been seen as mixed, with critics noting the company's tripling of sales and doubling of profits, but losing its market dominance and missing out on 21st century technology trends.
Article Microsoft’s Lost Decade There was a time when Microsoft dominated the tech industry, indeed, it was the wealthiest corporation in the world. But since 2000, as Apple, Google, and Facebook whizzed by, it has fallen flat in every arena it entered: e-books, music, search, social networking.