Former CEO Of MS Will Earn A Billion Dollars Sitting At Home: Steve Ballmer, the former CEO of the American technology company Microsoft, who is among the richest people in the world, will earn one billion dollars sitting at home.
According to the American Broadcasting Corporation report, Microsoft will pay its former employees one billion dollars or more than 2 trillion 82 billion Pakistani rupees annually.
Steve Ballmer joined the company in 1980, the 30th employee to work for the company. It is being told that according to the data of the year 2014, he had 33 crore 32 lakh shares of the company.
Microsoft has decided to increase its quarterly dividend by 75% and will pay out up to $3 per share annually. Thus Steve Ballmer who already owns a huge number of shares will now receive a billion dollars a year as dividends.
It should be noted that Steve Ballmer succeeded Bill Gates as CEO of the company in January 2000 and stepped down from this position in February 2014.