On February 10 and 11, Microsoft’s stock price closed at $194 per share (like most stocks, that figure has fallen significantly since March, 2020) and surpassed Apple That’s a mountain company founder Bill Gates has wanted to crest for decades. It was a move company insiders viewed as grooming Nadella for bigger things at Microsoft.Under his leadership, Microsoft’s Cloud Services division generated $20.3 billion in 2013 – up from $16.6 billion when he came aboard two years earlier. As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world's second-richest person, Bill Gates, who's currently worth … He shifted over to the company’s server and tools division, one of the largest company revenue-generating units, with almost $20 billion in cash raked in every year.Now a big hitter at Microsoft, Nadella was named executive vice president of the company’s rapidly growing cloud computing division, which encompassed the Bing search engine and Xbox Live, among other high-profile areas at the company. Nadella also continued his academic studies on the side and earning his MBA from the University of Chicago. Satya Narayana Nadella (Microsoft CEO) is an Indian American business executive born on 19 August 1967 in Hyderabad India.
The couple has three children, and reside in the Clyde Hill section of Bellevue, Wash., the headquarters for Microsoft.Nadella has published a book on his life and career in technology entitled “Hit Refresh,” donating all of the proceeds to charity. Many who know me say I am also defined by my curiosity and thirst for learning. This is the opportunity that drives each of us at this company.”“Many companies aspire to change the world. Bezos' personal wealth rose to its current staggering level as the stock price of his e-commerce company hit a record high of $3,438 per share.At the same time, a rally in Tesla shares has pushed CEO Elon Musk's net worth above $100 billion, according to the Bloomberg Billionaire The escalation of wealth is particularly apparent at the upper end of the index and is largely driven by a rally in tech stocks, as the Facebook's Mark Zuckerberg, for instance, also saw his net wealth surpass $100 billion this month.Widening income inequality has fueled efforts to limit the gap by progressive lawmakers including Senator Bernie Sanders, who this month The fact that Jeff Bezos became the world's first $200 billion man at a time of unprecedented human pain and suffering is morally grotesque.No. By all accounts, Nadella enjoyed a stable childhood, working his way through early education to Mangalore University’s Manipal Institute of Technology. Jeff Bezos is the living embodiment of the old adage that "the rich get richer," with the Amazon founder's net worth on Wednesday surpassing the $200 billion mark for the first time. He was rewarded over $17 million in stock bonuses, and had climbed to an annual salary level of $700,000 in 2013.Thus, it was no surprise when Satya Nadella was tapped as Microsoft’s newest CEO (taking the place of company legend Steve Ballmer.) I fundamentally believe that if you are not learning new things, you stop doing great and useful things. So family, curiosity and hunger for knowledge all define me.”Fresh out of college, Nadella set out to fulfill an early ambition in his life – to “build things" and link that passion to his burgeoning expertise in computer science.He stared that climb as a software engineer at Sun Microsystems in 1990. Nadella’s current net worth is around $320 million and he is no stranger to success or wealth. With Satya Nadella at the helm, Microsoft was able to climb it, and now stands as the top technology company in the world again.In 2019, Satya Nadella was named as “The Person of the Year” by The Financial Times.He’s been married to Anupama Nadella since 1992. There, Nadella studied electrical engineering and fared so well he was accepted at the University of Wisconsin in 1988, where he studied computer science.He earned that degree in 1990 and then moved on to the University of Chicago, where he received an MBA from the Chicago Booth School of Business in 1997.Stacking success after success as a young academic, Nadella also found time to pursue other life passions, like playing cricket and reading as many books as possible.Nadella spelled that philosophy out in a February 4, 2014 letter to Microsoft employees after being named CEO at Microsoft.“Like anyone else, a lot of what I do and how I think has been shaped by my family and my overall life experiences. Nadella attended Hyderabad Public school for his primary education and later in 1988 he received his Bachelor’s degree in electrical engineering from Manipal Institute o… Controversy arose when Nadella stated that women shouldn’t be paid the same as men – at an event entitled “Women in Computing” in October 2014. His father Bukkapuram Nadella Yugandher, was a civil servant who worked for the Indian Administrative Service (IAS) of the Government of India. He wasted no time in setting the tone as company leader in a note to new employees on the same day he was named CEO.“I truly believe that each of us must find meaning in our work,” he wrote.
But very few have all the elements required: talent, resources, and perseverance. Get the latest breaking news delivered straight to your inbox.Copyright © 2020 CBS Interactive Inc. All rights reserved. Honing his craft as a computer engineer at Sun, Nadella caught a second professional break after being asked to interview at Microsoft in 1992. Action Alerts PLUS is a registered trademark of TheStreet, Inc. He’s also part owner of the Seattle Sounders FC, a leading Major League Soccer (MLS) team.Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more.Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more.Satya Nadella, CEO at Microsoft since 2014, is a wealthy man. He still reads and follows cricket matches around the world. The Microsoft CEO is estimated to be worth $387 million. The announcement was made on February 4, 2014. Climbing through the ranks, he was tapped as vice president for the company’s small business service, and was soon promoted to corporate vice president of Microsoft Business Solutions.Regularly impressing the company brass with a keen business acumen and a mastery of software building, testing and production, Nadella was rewarded with a senior vice president of Microsoft’s online services unit in 2007, a plumb post for the young software engineer.
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