How Steve Ballmer Made $100 Billion Working A 9 To 5
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- čas přidán 5. 07. 2024
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Generally, when we think of the richest billionaires in the world, we think of the founders of the top tech companies in the world. However, Steve Ballmer just surpassed a net worth of $100 billion meaning that he is part of the top ten richest people in the world. But, he didn’t found a massive company like Jeff Bezos nor was he an investing genius like Warren Buffett. In fact, Steve Ballmer worked a 9 to 5 throughout his entire career. He did eventually work his way up to Microsoft CEO, but this is not where he even ended up making the vast majority of his money. The vast majority of Steve’s wealth comes from a 4% stake in Microsoft that he earned way back in the early 1980s. Given that Microsoft is worth over $2 trillion today, it’s not surprising that Steve is worth over $100 billion. This video explains Steve Ballmer’s career at Microsoft and how he was able to make $100 billion working a 9 to 5 his entire life.
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Timestamps:
0:00 - 9 To 5 Centibillionaire
0:45 - Pre-Microsoft
3:25 - Climbing The Corporate Ladder
6:52 - Microsoft CEO
10:07 - Post-Microsoft
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The greatest example in history of hitching your wagon to the right horse.
Getting to the top is everyone's goal, but a lot are not ready to make the right decision
There are alot of people who have too much pride for that. I have friends like that. Makes no sense to me.
He was asked to join
There's also the Larry/Sergey example haha
Ye, a total goon who got lucky
A former boss of mine had been at Microsoft since the MSDos days, very early on, she sat directly across the hall from Mr. Ballmer. She told us a number of stories that Ballmer didn't just have that crazy energy level in presentations - that was every day. All day. It may seem insane to some, but his energy pushed a lot of people to do more amazing things than they otherwise might have done. I was contracting at Microsoft when Mr. Ballmer stepped down and the current CEO was announced. It was like watching part of the history of Microsoft go away - but Satya has further pushed something that might not exist without Steve - Azure and Cloud. What a wild ride!
Steve is living proof that no amount of money can buy you cool, but for some reason, I like him all the more for that.
I for one think that Steve is quite cool 😎
He seem genuine though ... Doesn't come across as a bullshitter.
@@wayando I agree, what you see is what you get. He's not fake.
Steve is not cool. But he is absolutely himself and not shy or insecure or ashamed to be himself. Which is quite cool
@@microfarming8583 ... Alot of business types normally try all sorts of dirty tricks ... In business its always a good idea to keep an eye out.
Blows my mind to think that if Bill Gates would have kept his stock he would be worth $900B basically untouchable as the richest person, wow.
Instead hes still way too rich and owns most of Americas Farmland where he grows GMO crops to cause cancer, infertility, and other diseases and disorders. What blows my mind is people admire him because he has alot of money but when u do that u are admiring one of the most evil people on the planet.
But that would make Microsoft difficult to find liquidity to fund the projects, and run the planning.
Biggest Microsoft regret was not getting on the smartphone wave early !
Everybody hated the phones they had in 2005-2006, Microsoft OS was terrible. They took the experience of providing a terrible UI experience and convinced themselves the market was not there.
@@RogueCylon They bought and killed Nokia. It's not as if they didn't put some amount of incompetent effort into it.
@@rickgraham7641 such a shame too. Half assed effort killed what was a decent brand.
Such a shame that all the og brands are being killed one by one blackberry htc LG, nokia and sony basically almost dead even motorola and lenovo seem to have declining sales.These new Chinese companies with their cheap ass labour and low profits margins basically killed the market.
The problem was not that they didn’t get on the smartphone wave early. The problem was they failed with smartphones. Their OS was bad, the phones looked average. They were not a real competition to Samsung or Apple.
Crazy to think about the amount of money Bill Gates, Steve Ballmer, and Paul Allen all made from building/working at one company.
and they helped mint over 10000 millionaires....
Let's see Paul Allen's card
Paul Allen is dead
I tend to like humans that show their corny side compared to those who pretend to be perfect.
Yeah it feels honest and true to ones self.
He probably hit a joint before coming to stage as relief from anxiety. You need to be high on something to act like that.
@@prakhargupta2081 better stage presence than the people favorite Mr. Musk
@@prakhargupta2081 damn
You can say what you want about Steve Ballmer, but he never fails to make me smile
He is the most enthusiastic CEO, amd I'd love to work under him...
Especially that Windows 95 launch dance.
...felatio or fraud phone calls?
He does seem like a great boss to work for
@@ooee8088 Yeah, but the only thing he messed up was underestimating iPhone.
@@vascinx3174 well you can't win everything eh... He's still more than successful without them.
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Crypto
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Real estate
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@@christopherhobb7702 crypto investment, but you will need a professional guide on that
Most people venture into crypto to be a millionaire meanwhile I just want to be debt Free
I'm new to crypto/Bitcoin investment, how do I get started with a professional?
Steve Ballmer doesn't get enough credit as CEO. He did more for Microsoft then most realized.
Investing is buying yourself a better future you don't have to work hard again.
You can say that again.
I have achieved many things in my life since I started investing.
@Goodson Thomas Anyways, I'm into real estate investing. 😊
Real estate investment lets people grow their net worth by amassing more and more properties. It is a good long term investment due to appreciation.
Real estate investing is hard, it requires huge amount of initial investment, personal effort, and time.
Not exactly working 9 to 5 made him a centibillionaire. He held a nice chunk of shares (8%) so he is an investor too.
He didn't invest his money in Microsoft. He worked as the first manager and was given shares. He was an employee who was given shares for his work. That is the point.
Wow somebody doesn't know how business functions.
ESOPS are a thing and even low level management get shares in the company.
@@ohmygusperez Yes those shares are part of his payment, but they’re also more. Their intention is to keep employees interested in the company’s long term success. A company wants their employees to invest in the company they work for.
And furthermore as a CEO you’re most definitely not some employee or even close to a 9 to 5 job
@@daveausmunchen7787
1. It's a given that shares are given to encourage the employees to perform. Yes, it's still a payment in exchange for work or their time.
2. A CEO may not be a "normal" employee but he/she is an employee at the end of the day.
3. The term "9-5" in this video isn't literal. This mainly means that a person is an employee (not a founder, not an investor).
He got extremely lucky
Steve's a legend, Blake griffin agrees
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When you invest in crypto you are buying days you don't need to work
Now is the best time to purchase and invest in bitcoin, stop procastinating
Wish I knew about crypto trading earlier. Brace up and get yourself a bitcoin before it's too late.
Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..
I'm still not getting past the 900 billion bill gates could've been worth.
So why isn't he worth it?
he keeps donating half of his wealth every year
He sold most of his shares and now owns less than 2%
Those clips of Steve were the best 😂😂😂
They sure are!
I am pretty sure he was high on something.
Bro he didn’t work a 9 to 5 lol. He worked over 12hrs a day.
The title was alluding more to the fact that he didn’t found a company. I’m not suggesting that he didn’t work extremely hard.
He was probably a salaried employee. That’s the point.
Probably more like 16 hours tbh
@@thorH. he said he worked like 60 hours a week
do it a few years for a 8% stake in the company lead by a legendary founder, definitely worth it.
When you help someone during their difficult times. They would always remember it and be thankful to you and give you anything you desire. Best example is Steve Ballmer 👍 👏
People: such a useless CEO
Meanwhile Steve with his $100B: you sure?
The results definitely speak for themselves
Define cool
He brought Bing and Windows phone (later MS sells hardware also)
He was an OK CEO. Microsoft could have been much more valuable if he led correctly the company to capitalize the smartphone industry
Because money = success.
Go worship the Saudi prince 👑
That was raw hype, he needs nobody to get him motivated & fired up... energy is very important, & he has it. It was the v only way he could climb to the top as fast as he did.
He knew Bill gates. He started at the top.
He was his friend even before Microsoft
Cocaine is a helluva drug.
Another great video bro 🔥🔥
I was introduce to steve when he became the LA clippers owner and I thought he was just really excited about basketball but it turns out he's like that all the time 😂
Hahaha, he truly is quite a character!
@@LogicallyAnswered Hey could you do a detailed video about John Chambers? Your video about Cisco was awesome
I love watching his reactions courtside in every clippers game
That’s why I clicked on this video.. A while ago I was watching the clippers game and saw him and looked up his net worth.. I was shocked since he was acting so corny
Being a founder or #1 at a company isn't the only way to financial freedom, but being #40 in a promising company with potential growth potentials could take you there. Steve Ballmer is a classic example of an INTREPRENEUR. The keyword here is VALUE. Whether you starting your own company or joining a promising company, adding value is key!
His way of motivation reminds me of the movie wolf of wall street. Specially that stage moment saying developers. 😃
Except that there are no drugs in his case
@@shubhammishrar8589 maybe
Hmm! I thought Elon is the only ceo who dance on the stage, but Steve balmer is in whole another leage
Oh yes, Steve takes it to another level
@@LogicallyAnswered it can be elon inspired by him lol
Doge father
Focus on bank ssc u badjaat engineer
@@kbshrivastav8539 you focus on upsc I D I O T
Great presentation man! Never thought of Steve like this!
Thank you Dexis!
Thanks for the video, We all have problems; the way we solve them is what makes us different, i pray anybody reading this God will solve all your problems.
Sometimes i wonder how people get rich at these days.
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The fact that Steve continued to grow in the company after the IPO says a ton to me. Most early managers get pushed out when a company gets big.
why? can u explain. how can i avoid that?
@@huzaifa-682 When a corporation goes public it is very common for people to cash out and/or be replaced by veteran managers. So it's impressive to me that Steve continued to get promoted. Just be worth more than your salary and no worries.
Steve really seems to be a down to earth fun CEO.
Basically, start working in a company when it's still young & have close relationship with the founder. He made some great investments as well
Starting early is the best way of getting ahead to build wealth, investing remains a priority the stock market has plenty of opportunities to a decent payout with the right skill and proper understanding of how the market works.
Crypto market has been good news lately with many people investing in it and seeing a great return on their money.
Keep loosing your money to make Elon Musk rich or any other guy like Elon Musk.
spammer
@@huzaifa-682 yup
You're kidding yourself if you think his job was "9 to 5"
I mean, it technically was
Sadly he is, but the better question is and this one from Emperor of Japan when he visited US in the 90's.
"Are CEOs work 10,000 times harder than normal workers to deserve to get paid this much?"
The answer is: NO THEY DON"T.
@That's Crazy Is it? Then why lots of CEOs got paid when theirs companies are failing?
@That's Crazy That's the problem, theirs "responsibility" often to line up theirs pocket and the pocket of those have connection with them.
While the companies are failing, they can lay off thousands of workers, but theirs bonus often increase.
Often when normal workers failed theirs "responsibility", they get fired. Not for CEOs since they often get big bonus regardless.
sure it is. From 9pm to 5pm.
Another classic video. Not really here for the video title, I am here to know about this man and how he did this. “The most we are attracted to about learning is ‘stories’ and how our peers have done the journey of life”
I think he will not reach that position if it weren't for Bill Gates. He was just lucky to be friends with Gates.
It’s all about who you know, screw MBA
If he was incompetent he will not be in the position he is. So your "
@@jaimeduncan6167 The fact is that it's not only to competence. So many people would be competent to be in that position but they weren't lucky enough to show you.
@@arianawoosley2841 Nobody say it was just being competent, he was from a well of family, had the lucky to met Bill Gates, did not get sick or run by a car, he was a white male in the 70s and 80s from one of the most , if not the most, powerful countries in the world. He was born in a country that sees risk and venture capital as a way of living. What I oppose is the self serving, narcissistic way of "he was just lucky to be friend with Gates". No, he was also competent and already highly accomplished at just 21. He was a highly competent, hard working man that have the luck to cross paths with Gates and live to the challenge.
@@jaimeduncan6167 So you're agreeing about the sheer amount of luck you should have to reach such a position. I am not saying he is incompetent. I am just saying it's irrelevant that he was competent. You can't even argue that he was the most competent person. There might be thousands of people with more competence than him
I feel its about who you know and how confident they are in your capabilities. And Gates and Ballmer did cut off Allen's shares.
me: working 15 hours in lockdown at home but my company didn't even given a $1000 properly
😢
Time to quit man. The more you work the more they exploit.
@@santoshsccoby2617 if you're from India then hiring is at an all time high and many are getting hikes above 70% their previous salary. I myself switched job to for 110% more last month.
@@santoshsccoby2617 it would be a great financial decision of you move out of the game development space as it is notorious for paying less.
@@sirrus3009 not necessarily a good idea
Depends on the company
Steve really made the right choices in life
Steve's contribution on microsoft success is significant, he is underrated
His best move was negotiating that 8% stake
Great content Man ✊🏽. Let's give Steve a break: The guy just liked his job 🤣
He was a great and passionate businessman. This video really opened my eyes to that
He's not dead
@@teajae5202 Lol, i know. But hes retired, no?
Best example of being passionate no matter who you work for
Greatly explained video. However, your voice audio is too low and not very clear, it's very difficult to listen to it without increasing volume to 100%. Hope you will look into it in your future videos.
Great information
Loved it..
Thank you Ansh!
Steve yelling developers will forever live rent free in my mind
very nice video, you worked very hard!
Then you'r certainly going to get liquidated in 90% of your trades. Yeah that's the bitter truth.
For a start you need a good and experienced hand to guide you or even manage your account while you copy the same trades
Trust me, trading isn't difficult as we see it. With the right information and guider you are sure to always place the right trade and make profit.
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skils and proper understanding of how the market works
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
But successful people don't become that way over nightwhat most people see is a glance wealth,a great career.purpose is the result of hard work and hustle over time
Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Caroline
As a single father I now make $15,000 monthly all thanks to expert Mrs Caroline
He's a smart man that likes to have fun
"learning is a gift" - becca the boys
Detroit stand up. Country Day alumni stand up... He did it his way, which was the right way. Didnt know Steve Ballmer was from Detroit. Very inspiring.
country day is NOT detroit. 12mile on the east side is almost detroit but west side 12 mile is a rich mans world
I know its called 9 to 5 for a normal 8 hour workday... But lets be honest this guy probably put way more time into his job than the required 8 hours
He was actually a founder of microsoft who help built the company from scratch.
Definitely not a 9 to 5 job.
However he was much more intelligent than Ronal Wayne from Apple, who could have a net worth of 100 billion if he didn't exited apple.
He definitely played a major role at Microsoft, but he was not a founder. He was the 30th employee and didn’t join till 5 years after Microsoft was founded.
@@LogicallyAnswered Ohh
Did you even watch the video ?
@@well7885 Yes.
But still a guy who started early.
Bruh that guy from apple dont even know the future yet, its easy to say his stupid because he sold his apple share now because how big apple is today but we really dont know anything about the future. If someone offers you to partner up for a business and suddenly you left because you are not sure about the future can we call you stupid? No, if you have a concrete reason but 20 years later the company become big and people think that you are the stupidest person on earth. The thing is we dont know about the future
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, somehow this video has helped shed light on some things, but Im still confused, I'm a newbie and Im open to ideas.
Investing in stocks is a good idea, a good trading system would put you through many days of success.
It is possible to produce superior performance provided you do
something different from the majority. However most of us tend to pay more.
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Interesting. I have a lump sum doing absolutely nothing at all in my bank account,I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@@09redflowerz85 Exactly, the trick is to diversify your investment, don't panic when everyone else is and invest consistently.
Looking forward for upcoming videos 👍
Invert Balmer’s feelings for Microsoft, that’s how I feel.
That's your Problem.
The videos recently have really interesting!
Glad to hear that Yung!
Lets count:
i...1
love...2
this...3
company...4
yeahh...5
Jokes aside, mad props to Steve Ballmer
Ballmercon this year is gonna be LIT
"...and how you can be the next Steve Ballmer if you work hard enough. You just need patience"
If jared from silicone valley became pied piper ceo he would be exactly as Steve Ballmer
That makes a lot of sense
Most people from Top schools did not become Billionaires, because even though they have a fancy degree they don't have the kind of Passion towards their Job that Steve had.
i mean sundar pichai is barely a billionaire and he is the ceo of google.
goes to show that degrees have a limit
It's not passion but having the right friend who wanted to work with him so badly - Bill Gates
Passion isn’t enough if the opportunity isn’t there. It’s a combination of passion, luck, and right peoppe around you. What happened to steve ballmer is a one-in-a million opportunity.
I Love this company, that's way to show his passion towards his Microsoft
Can you make a video on billionaire bang si hyuk😊
He was a musician who wanted to change music industry and he succeeded
Before this video I didn't even know him but now I've begun to respect him😁😁
7:45 when you're worth hundreds of millions vibe fuck what the crowd thinks 😂
Steve saying I. Love. This. Company!!!! Will forever be legendary😂😂
Some man just have all the luck 🍀
You laugh at his LA Clippers, He laughs at your annual income
when someone is ceo, this "working a 9-5" is already wrong
He didn’t make his money as ceo though. All of his wealth is from the original stake he got in the early 1980s. He could’ve quit in the 1990s before becoming CEO and he would still have the same wealth today.
@@LogicallyAnswered but getting rich from stocks, no matter how he got them, is still something i wouldnt call 9-5
@@LogicallyAnswered unlikely since as you pointed out, he was a key influential figure to shaping Microsoft until a few years ago, and a lot of its value
I agree, he didn’t really make his wealth from working a 9 to 5 per se. The point of the title though was that Steve didn’t do anything particularly special. I’m sure he worked extremely hard and provided a lot of value to Microsoft. But at the end of the day, I’m not sure if he would even have $1 billion if he hadn’t been friends with Bill.
Oh, God stop arguing. You can make your own video if this isn't satisfactory. This is just a typical CZcams title to draw viewers.
Only knowing about Steve from this iPhone clip, this makes me much more appreciative of him.
Good story. Good Channel
Some people are at the right place when the right person needs something you have
I'm an Indian..so I like Satya Nadella being the CEO of Microsoft but I cannot deny Steve Ballmer was incredible as well. Never seen a more fun and cool man.
Getting a vibe of CEO Action Jack from HBO's silicon valley show
The reason for Steve Ballmer's success is base on the quote it is not what you know, it is who you know.
he missed his calling as an ACDC band member
Great story. But it was'nt the 9-5. It was the shares.
I think it is his humbleness...he is a patient investor...in for the long-term, just like Warren B
Shares he got from working the 9-5. That was part of his employment package.
@@ohmygusperez Well I get where u coming from, but the shares where a condition of him doing the 9-5. Its the reason he ledt his MBA and everything. I mean many people have work at microsoft 9-5; and they are no where near his wealth.
Nothing wrong with 9-5, and being patient and hardworking, but those do not generate as much wealth. He could have owned the shares and never did a job in his life, and he would have still been as wealthy.
@@thatoyaonebogopa9483 He took a risk which paid off. And yes, he was lucky as well. People working a 9-5 have varying degrees of success. He's one of those at the top.
I love his energy.
Stave is a Great leader, Just see his network. Action speaks louder than words. God bless. From Rocky Martin.
Really?
Bill gates dont trust his own company so he sold all the stocks 😂
Well, that’s the smart thing to do. Companies don’t last forever and it just gets harder to liquidate the longer you wait.
More like asked politely to start selling.
and invest in other companies like Moderna, the vaccine maker
He only sold 8 million of his 338 million shares. Steven currently only has 3 million shares more than bill. Tf are you talking about???
@@thetruthsayer8347
Lol.
Tf are you talking about.
Gates has sold most of his shares at the peak he owned 30% of microsoft now he holds close to 1% at best and Ballmer owns close to 5%.
*THESE DAYS IF YOU'RE NOT SPENDING TO RECOVER,THEN STOP SPENDING 💰*
Investment are the ones stepping stones to success , investing in what create wealth
Recently, I invested in both stock and crypto but currently I believe Crypto is doing more better!!
The rich become richer by spending like the poor and investing non stop , while the poor stay poor by spending like the rich yet not making any investment.
Most intelligent words I've heard today💯
Crypto is the future
the fact that im watching this on windows 10 says something
This guy is the real deal!
This feels like business casual.
He cooked and washed bottles? 😲
Los Angeles Clippers Owner is Steve Balmer.So he is rich.He is also owned shares in Microsoft.
Balmer 'our best products arrived after Bill left'
Interviewer 'What were those, Steve ?'
So he should thank satya since when he became CEO the stock value grew like 3 times
I don’t want to take away from Satya, but I think a lot of Steve’s initiatives served as a precursor for that growth especially Azure.
@@LogicallyAnswered well he did brought company from scratch as employee no30 but he was unable to catch with tech trends even dissed apple and steve so stock couldn't grow well during his tenure as ceo be but anyways
Satya is the Goat, I knew that when I moved to windows 10. I was like windows is fucking back!
Not letting his family or employees use iphone, is madness... u never get to know the pros and cons of s competing product in terms of end user benefits!
It costs less to hire people to research end user benefits than fix bad publicity when the public would know that the people affiliated with the company (including his family) uses a competitor's product. This is a CEO who walks the talk.
That’s why they dropped the ball with smartphones. He was too busy drinking his own kook-Aid.
Wow..that stage move was insane..x
😳😳
That stage scene he looks like action Jack Barker from silicon valley 🤣
He seems like a regular person but then he was admitted into Harvard.
There is no 9-5 at a startup or at a consultancy firm. Its 9-9-6.
9 - 5 is only for Govt employees, where most of the 9-5 is either bureaucracy or incompetence and post 5 its drinking & wife beating.
Bocoming rich is easier than staying rich. We should respect all of them for making our life wonderful.
9:54 YOOOO PLANT POT FROM IKEA BAHAHA
Great video, But he DID NOT make $100 billion from "working 9 to 5"... That's called equity. No body can ever work hard enough to earn even $1 billion in a lifetime. Its all equity which is built by other people working for you.
Very true, the title was alluding more to the fact that he didn’t found his own company.
He received the equity from being employed at Microsoft so technically he got it from "working 9 to 5". Of course people worked for him since he was the manager. Working a 9 to 5 doesn't always mean "HARD" work. It is common knowledge that people at the top receive more (in salary and equity) compared to the rest of the employees.
@@ohmygusperez if he worked for that money as you suggested, that would be the equivalent of him earning $1,500,000 per hour... But he didn't work for that money, 99.9% of it came from the capital he owned which meant that other people made the 99.9% of the money for him.
@@frostman9661
Let me point out my logic here.
How he became rich = the worth of Microsoft stocks
How he got the Microsoft stocks = part of his contract in exchange for the work he did at the 9-5
The question isn't really on how the stocks appreciated in price but on how he acquired it. If he didn't take the contract and didn't work the 9-5, he wouldn't have gotten the stocks.
The logic is similar to your 401k. The value is higher if it appreciates in price but you couldn't say that you did not work the 9-5 to get it.
@@ohmygusperez that's fair logic and you have a point. I just take issue with the notion that any human being can "earn" that absurd amount of money by "working". I get what you're saying, but that $100B is so far removed from the actual work he actually put in.
I fail to understand why people vilify "9-5" jobs.
I'm not trying to vilify 9 to 5 jobs, I just find it fascinating that Steve was able to accumulate so much wealth without founding a company or being an investing genius like Warren Buffett.
He's an excellent CEO and yes iPhone was bad but Cloud bets have been exceptional 🔥
Well he is business man. Doesn't matter how long he works