Satya Nadella took over as CEO of Microsoft in 2014, succeeding billionaire Steve Ballmer. He has diverted the company’s attention away from a failed mobile strategy and onto other markets. Nadella is an Indian native who traveled to the United States as a student and is now the CEO of one of the world’s largest technology companies. In this article, we will cover Satya Nadella net worth including his salary.
Satya Nadella Net Worth, Salary, Career
He is an inspiration to many young students throughout the world, particularly in his nation. He ascended the Microsoft executive ladder to his current position over time. He possesses a vast amount of assets as one of the world’s richest people. Let us learn more about him.
About Satya Nadella
Nadella was born on August 19, 1967, in Hyderabad and attended Hyderabad Public School, Begumpet. Nadella failed to pass the Indian Institute of Technology (IIT) test. Nonetheless, he was admitted to BITS and Manipal Institute of Technology. He selected Manipal over BITS and graduated in 1988 with a bachelor’s degree in electrical engineering.
He eventually earned a master’s degree in computer science from the University of Wisconsin-Milwaukee. Nadella graduated from the University of Chicago Booth School of Management with an MBA.
‘Hit Refresh,’ Nadella’s autobiography, delves into his life and work at Microsoft. It also goes into detail about how technology will affect the future. Nadella was selected Financial Times (FT) Person of the Year in 2019. Nadella’s name appears on Barron’s Global list of the 30 top CEOs year after year.
Investments
He has a wife named Anupama. They have three kids. He currently resides in Bellevue, Washington. He enjoys cricket and is a keen reader of American and Indian poetry.
Nadella and his wife possess a stake in the Major League Soccer team Seattle Sounders FC. He also has a stake in an American soccer team and is a backer of the US T20 cricket league, which will begin in 2023.
Nadella is also a board member of the Fred Hutchinson Cancer Research Center and a trustee of the University of Chicago. The whole profit from his book ‘Hit Refresh’ was donated to Microsoft Philanthropies.
Satya Nadella Net Worth
Asper reports, Satya Nadella net worth is $420 Million. According to several estimates, Satya Nadella got a total remuneration package of almost USD 55 million in 2022, a 10% increase from 2021.
According to another story, he was the sixth richest Indian professional manager according to the IIFL Wealth Hurun India Rich List, with a stunning fortune of INR 5,900 crore at the time.
Satya Nadella Career
After he earned a master’s degree in computer science from the University of Wisconsin at Milwaukee in 1990, he moved to work as a member of the technical team of Sun Microsystems, Inc.
In 1992, he left Sun to join Microsoft, where he originally worked on the creation of Windows NT, a seminal operating system geared largely at corporate customers.
By 1999, he was promoted to vice president of Microsoft’s bCentral small-business service, and two years later, he was made corporate vice president of Microsoft Business Solutions.
He then served as president of Microsoft’s server and tools division, which produced over $19 billion in sales per year (2011-13). Nadella was also the company’s executive vice president in charge of its cloud computing platform.
This established the foundation for Microsoft offers such as Bing, the Office 365 subscription-based services, the Xbox Live internet gaming network, etc.
Nadella became Microsoft’s third CEO on February 4, 2014, after company cofounders Bill Gates and Steve Ballmer. Nadella rushed in and implemented rapid changes to the firm, including adopting the Linux operating system, releasing iPhone and Android apps similar to Microsoft Outlook, introducing the company’s first laptop, and so on.
Salary and Income
Mr. Nadella holds over 4,767 units of Microsoft stock for over $203,192,917 and has sold MSFT shares worth over $574,323,678 in the previous 12 years. In addition, Satya Nadella salary is $42,910,200 as Microsoft’s CEO and Director.
Satya Nadella House and Properties
Satya Nadella house in Washington’s Clyde Hill area was sold in 2016. The expansive property has French doors, carefully kept gardens, and outdoor gathering areas. The vistas of Lake Washington and the Olympic Mountains are equally breathtaking.
It was stated that he was going to sell his Washington property for $2.8 million, nearly twice the purchase price. Satya and his family stayed in Washington after selling the 4,050-square-foot home and probably relocated to another home in Bellevue that he acquired in 2013 for $422,500.
Satya also has a stunning collection of automobiles from all top brands, including Mercedes, Jaguar, and BMW.
Also Read: Sundar Pichai Salary per day, Bio and Net worth
Microsoft Net Worth
Microsoft net worth is $1900.33 billion as of March 6, 2023. Microsoft Corporation is one of the world’s major providers of broad-based technology. Microsoft is recognized for its software, PCs, as well as numerous associated services. Microsoft is well-known for its Windows operating system, which is used by the majority of people worldwide.
Microsoft is a trillion-dollar corporation, and its brand is worth more than a trillion dollars, which is incredible. Throughout its early stages, it produced countless billionaires and millionaires.
Microsoft’s sales for the fiscal quarter that ended September 30, 2022, was $50.122 billion, with a net profit of $17.556 billion.
Microsoft is the most successful software company in the world, and Satya Nadella is one of the richest people in the world. Coming from a humble background, Satya Nadella has reached such heights in the world of tech, that many feel inspired to walk the same path. With intelligent decision-making, today Satya Nadella net worth has increased significantly over the last few years.