Steve Ballmer Net Worth
There’s no chance that the iPhone is going to get any significant market share. No chance. It’s a $500 subsidized item. They may make a lot of money. The Clippers aren't exactly damaged goods even after the mess Donald Sterling made. It sounds like the team is going to be sold for a giant pile of cash. Microsoft CEO Steve Ballmer talks about his regrets. Former Microsoft CEO Steve Ballmer has agreed to purchase the Los Angeles Clippers for $2 billion, the L.A. Times reported on Thursday.
Shelly Sterling had pushed to negotiate a sale before Tuesday's board of governors meeting at which both of the Sterlings' ownership interests could be terminated, while Donald Sterling had vowed to fight the league's attempts to force a sale. Through his personal attorney, Donald Sterling sent a 32-page response to the league this past Tuesday, but the rebuttal did not address Sterling's mental capacity as part of his defense. Shelly Sterling told the "Today" show earlier this month that she thought her husband might have been developing dementia.
The NBA ’s search for a new owner for the Los Angeles Clippers wrapped up Thursday night, when former Microsoft CEO Steve Ballmer signed papers to buy the team for a record-breaking $2 billion. The sale was carried out by Shelley Sterling (former owner Donald Sterling ’s wife) who was said she was acting on behalf of the Sterling family trust, which owns the team. Former Microsoft CEO Steve Ballmer (left) and NBA Commissioner Adam Silver attended a Los Angeles Clippers playoff game earlier this month. (Noel Vasquez/GC Images) After Donald Sterling's wife Rochelle reportedly started reviewing bids for the team, Forbes' Mike Ozanian wrote Steve Ballmer, the former Microsoft CEO, offered $1.8 billion for the Clippers. Steve Ballmer does NOT hate SUSE Linux.
Steve Ballmer is still writing his legacy at Microsoft, but a number of decisions he’s already made will likely be included. He was an early and vocal proponent of putting Microsoft into the hardware business with the launch of the Xbox, facing off against the likes of Nintendo and Sony. He also axed the company’s stock options program - a program from which he benefitted enormously - and replaced it with the awarding of actual stock. All told, he has been more of a business manager than Bill Gates ever was, having restructured the company into seven divisions and established procedures for a variety of areas, such as employee evaluations.
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