How former Microsoft CEO Steve Ballmer will make $1 billion a year for ‘doing nothing’
How former Microsoft CEO Steve Ballmer will make $1 billion a year for ‘doing nothing’
Former Microsoft CEO Steve Ballmer, world's sixth richest person, set to receive $1 billion in 2024 from Microsoft's recent increase in quarterly dividends. Ballmer's 4% stake in Microsoft (333.2 million shares) will result in just shy of $1 billion in dividends next year. Ballmer faces a 20% tax bite on dividends, translating to roughly $200 million going to the government. Warren Buffett's Berkshire Hathaway also expects a $6 billion dividend haul from dividend-paying giants like Chevron, Bank of America, and Coca-Cola.
Former Microsoft CEO Steve Ballmer, world's sixth richest person, set to receive $1 billion in 2024 from Microsoft's recent increase in quarterly dividends. Ballmer's 4% stake in Microsoft (333.2 million shares) will result in just shy of $1 billion in dividends next year. Ballmer faces a 20% tax bite on dividends, translating to roughly $200 million going to the government. Warren Buffett's Berkshire Hathaway also expects a $6 billion dividend haul from dividend-paying giants like Chevron, Bank of America, and Coca-Cola.
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Former Microsoft CEO Steve Ballmer, world's sixth richest person, set to receive $1 billion in 2024 from Microsoft's recent increase in quarterly dividends. Ballmer's 4% stake in Microsoft (333.2 million shares) will result in just shy of $1 billion in dividends next year. Ballmer faces a 20% tax bite on dividends, translating to roughly $200 million going to the government. Warren Buffett's Berkshire Hathaway also expects a $6 billion dividend haul from dividend-paying giants like Chevron, Bank of America, and Coca-Cola. 
