
Nadella joins Apple's Tim Cook in entering the billionaire's club.
Share Post
Nadella joins Apple's Tim Cook in entering the billionaire's club.
Satya Nadella, the CEO of Microsoft, has quietly joined the elite ranks of the billionaires club, according to estimates by Bloomberg. The meteoric rise in Microsoft's share price over the past year, fueled largely by the company's prescient multibillion dollar investments into artificial intelligence research, has resulted in sizable increases in Nadella's personal wealth.
Although a spokesperson for Microsoft has denied that Nadella is officially a billionaire yet, Bloomberg analysis indicates that his net worth, including equity grants, bonuses, dividends and other compensation tied to his performance as CEO, has now surpassed 10 figures. The tech giant's share price has risen more than 1,000% since Nadella took over the top job in 2014.
Nadella's Microsoft has been described by Wall Street analysts as "boringly excellent" - eschewing headline-grabbing deals and focusing instead on improving core products like Windows and Office. But the company has not been afraid to place bold bets, evidenced by the decision to invest billions in the startup OpenAI even before its viral chatbot ChatGPT took the world by storm late last year.
That gamble now looks to have handsomely paid off. Microsoft was quick to integrate OpenAI's technology into key products like its Bing search engine, helping spark renewed interest after years of playing second fiddle to Google. As Microsoft rides high atop trillion dollar valuations, only Apple remains more valuable in the tech sector.
Nadella joins Apple's Tim Cook in entering the billionaire's club solely on the back of stock gains tied to their leadership roles. For Nadella, who has helped spearhead Microsoft's successful cloud and AI pivots since taking over the company eight years ago, it caps a remarkable career turnaround for a CEO once viewed by some as uninspiring and lacking in charisma. But results speak louder than perception - and for Microsoft's board, Nadella's billion dollar ascension is validation of their choice.
Also Read: Microsoft's $69B Bid for Activision Gets Green Light from US Judge
Hyundai To Develop 1.2L Turbo Engine for Next-Gen SUVs; Will Also Come To India
Pratik Rakshit 8 Jun, 2025, 5:32 AM IST
Bajaj Announces Its Future Plans For KTM
Sutanu Guha 7 Jun, 2025, 11:11 AM IST
These 5 Bike Companies Are Offering Extended Warranty Up To 10 Years!
Sutanu Guha 7 Jun, 2025, 10:33 AM IST
Classic Legends Is Developing A New 450 cc Engine Platform
Sutanu Guha 7 Jun, 2025, 6:28 AM IST
Donald Trump Reportedly Selling Tesla Model S As Rift With Elon Musk Deepens
Jamshed Avari 7 Jun, 2025, 5:51 AM IST
Looking for a new car?
We promise the best car deals and earliest delivery!