Feeds

Who's top Microsoft shareholder? Uh oh, it's STEVE BALLMER

Sweaty ex-CEO now owns more shares than Bill Gates

The essential guide to IT transformation

When former Microsoft CEO and current board member Steve Ballmer said he was "very interested" in the company's future, he wasn't kidding. As of Wednesday, Ballmer became Redmond's largest individual shareholder, with a stake even greater than that of founder Bill Gates.

The switcheroo wasn't because Ballmer acquired new shares, but because Gates sold some of his. According to a filing with the US Securities and Exchange Commission on Wednesday, Gates has unloaded 4,600,000 shares, worth a total of around $185.6m at the time they sold.

That leaves the world's perennially richest man with 330,141,164 shares of Microsoft stock, a hoard worth $13.1bn as of Friday's closing bell on Wall Street.

Ballmer, on the other hand, has been hanging onto his shares for the last few years. SEC records show that the last time he sold any was in 2010, a transaction that left him with 333,252,990 shares, which would have been worth $13.2bn at Friday's price.

Neither man holds the largest single stake in the company. That honor goes to investment fund the Vanguard group, with 372,597,444 shares now valued at $14.8bn. The State Street Corporation also owned 343,007,487 shares ($13.6bn) as of December 31, Morningstar reports. But Ballmer and then Gates are next on the list.

And with 3.1 million more Microsoft shares in his portfolio than Gates, for the first time Ballmer technically has more influence as a shareholder of the company than does Gates – although the advantage is slight, to say the least. While Gates was once chairman of Microsoft's board, he ceded that role to Microsoft board member and former Symantec CEO John Thompson in February, putting himself on equal footing with Ballmer in the boardroom.

But Gates now has a more hands-on role at Microsoft than Ballmer does, having taken a new position at the company as a "technology adviser" to freshly minted CEO Satya Nadella.

Ballmer, by comparison, claims to no longer have any direct involvement with Redmond's operations. In March, he told a group of students at Oxford University's Saïd Business School, "As a board member, you're a board member. You govern; you don't lead. I speak about our company today historically because I'm a former CEO."

With a personal stake in the company worth approximately 4 per cent of its value, however, you can bet Ballmer will continue to follow Microsoft's progress with a keen eye. ®

5 things you didn’t know about cloud backup

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
Judge nixes HP deal for director amnesty after $8.8bn Autonomy snafu
Lawyers will have to earn their keep the hard way, says court
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.