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When I meet people, they usually don't know that my dad is Steve Ballmer. I have some friends for whom it took a really long time — like many months — before they realized the link. There was this guy I used to be friends with who went out of his way to talk to me. My comedy friends are also awesome, and my newest group of friends, my girlfriend's friends, are really cool. Since I'm not a big spender, I don't think anybody eyed me and thought, "I can probably get a ton of money out of him."
Persons: Pete Ballmer, Steve Ballmer, It's, Steve Ballmer's, Stanford, it'd, I'm, I've, douchebag, that's, We've, , I'd Organizations: Clippers Locations: San Francisco, Italian
This story is available exclusively to Business Insider subscribers. But first: Social media is making a comeback. I'm not alone: Sharing on social media has tapered off, Business Insider reported back in 2023, but consuming content hasn't. Now social media platforms — Facebook, Instagram, TikTok, and others — are clamoring to get users to stay just a little while longer. It's clear social media isn't giving up without a fight — and right now, it seems we're OK with that.
Persons: , Instagram, Tyler Le, edu, Mark Zuckerberg, I'm, Gen Z, Kate Middleton, BBC Studios Kate, Princess, Wales, she's, Read, Andrew Caballero, Reynold, Jenny Chang, Rodriguez Sam Altman, OpenAI, Altman, Pete Ballmer, Abanti Chowdhury, Steve Ballmer's, Pete, didn't, Kristen Wiig's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Dispatch Social, Facebook, BBC Studios, Aurora, Getty, Biosciences, Hulu, Netflix Locations: Finland's, Utsjoki, Lapland, New York
I mean, I didn't really care about what I was wearing, and my brothers and I were fine with driving our dad's old '98 Lincoln. We didn't really talk about moneyThere were some indications that we were rich. Our family took really nice vacations, but as a kid, there was a disconnect between things and how much they cost. For both my mom and my dad, having a lot of money was a relatively new experience, as was raising children. I don't really see it as dishonest, though, because people are multifaceted and much more complex than the sum of where they grew up.
Persons: Pete Ballmer, Steve Ballmer, we'll, Let's, I'd, I'm, I've, That's, who've, They'll, We've, Organizations: Microsoft, Ford, I'd, Lincoln, Rover, Clippers Locations: San Francisco, Japan, Bay
"I was deeply uncomfortable with all this for the longest time," Pete Ballmer said in the interview released earlier this month. Pete Ballmer said his grandpa gave him a "decent percentage" of Microsoft stock, which he said was worth "hundreds and thousands of dollars" by the time he turned 25. Pete Ballmer said a " moderator" who acts like a financial advisor is now always there whenever he and his dad discuss finances. "I don't want people to see my car and think, 'He's got money,' " Ballmer said. Pete Ballmer didn't immediately respond to Business Insider's request for comment.
Persons: , Pete Ballmer, Steve Ballmer, Ballmer, Pete Bronson, grandpa, Bronson, Uber, He's, Pete Ballmer didn't Organizations: Service, Microsoft, Forbes, Business, LA Clippers, Lincoln Town Locations: Oregon, Las Vegas
Billionaire Steve Ballmer is known for his antics at Microsoft events in the 2000s. The then-Microsoft CEO would often shout, run, and dance on stage at events. Here are nine of his wildest moments including some questionable dance moves at a Fergie show. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Steve Ballmer, Fergie, , Steve Ballmer –, , Bill Gates, Ballmer, Ballmer's Organizations: Microsoft, Service, LA Clippers, Bloomberg
Steve Ballmer is richer than Warren Buffett, Mark Zuckerberg, Larry Page, and Sergey Brin. The former Microsoft CEO is worth $120 billion, thanks to his estimated 4% stake in the company. Page and Brin have added $28 billion and $26 billion to their respective fortunes in 2023, lifting their net worths to $111 billion and $106 billion. Ballmer's fortune has ballooned this year thanks to Microsoft stock climbing to historic highs. The former Microsoft chief trails Larry Ellison ($133 billion) and Bill Gates ($137 billion) by some distance in Bloomberg's wealth index.
Persons: Steve Ballmer, Warren Buffett, Mark Zuckerberg, Larry Page, Sergey Brin, Ballmer isn't, Sergey Brin —, didn't, Bill Gates, Jeff Bezos, Larry Ellison, Zuckerberg, Brin, Elon Musk, Bernard Arnault, Buffett, Ballmer's, Ballmer, Page, Brin haven't, he's Organizations: Microsoft, Service, Google, Bloomberg, Forbes, LA Clippers, Berkshire Hathaway, Gates Foundation, Meta Locations: Wall, Silicon, Berkshire
Elon Musk, Jeff Bezos, and their peers have added $264 billion to their fortunes this year. The surge in their companies' stock prices this year has added $46 billion and $42 billion to their respective fortunes. Amazon founder Jeff Bezos, Tesla CEO Elon Musk, and L'Oreal heiress Francoise Bettencourt-Myers have gained around $27 billion, $25 billion and $23 billion each. The billionaire best friends have added $13 billion and $7 billion to their respective fortunes since the start of January. Meanwhile, the $36 billion of wealth they gained on Thursday rivals the the market values of grocery giant Kroger and Taco Bell-owner Yum!
Steve Jobs left the bulk of his fortune to his wife, Laurene Powell Jobs, when he died in 2011. Later, he had Reed Jobs, Erin Jobs, and Eve Jobs with his wife, Laurene Powell Jobs. Meet Jobs' four children and his widow Laurene Powell Jobs, and see how his legacy helped his loved ones succeed. Erin Siena JobsErin Siena Jobs is the most private of Steve Jobs' children. Vianney Le Caer/Invision/APTwenty-four-year-old Eve Jobs, the youngest of Steve Jobs' children, is a model and an accomplished equestrian.
Steve Jobs left the bulk of his fortune to his wife, Laurene Powell Jobs, when he died in 2011. Later, he had Reed Jobs, Erin Jobs, and Eve Jobs with his wife, Laurene Powell Jobs. Apple, Laurene Powell Jobs, and Reed Jobs did not reply to requests for comment, nor did representatives for Lisa Brennan-Jobs and Eve Jobs. Since Jobs' death, Powell Jobs has been active in philanthropy and founded Emerson Collective in 2004 as a "social change organization." Erin Siena JobsErin Siena Jobs is the most private of Steve Jobs' children.
Apple used to carefully curate its App store, helping developers gain visibility and customers find what they needed. These days, it seems to be more about maximizing Apple's revenue than serving customers or helping developers flourish. Thus, the App store was born to give iPhone's beautiful hardware and elegant operating system thousands of apps, created by programmers running their own app businesses. Now, after 15 years of iPhones, I find the App store to be an imitation of its former self. The developer had gone to great lengths to try to show how copycat apps slipped through Apple's app review system.
But Bezos, whose recent announcement followed years of criticism over his relative lack of philanthropic giving, isn't the only billionaire who hasn't signed the pledge. Arnault has not signed the Giving Pledge, nor has he commented on the pledge publicly. Jeff Bezos: $116 billion net worthBezos has donated more than $2.4 billion in his lifetime, according to a Forbes estimate. But the billionaire has skirted questions about the Giving Pledge for years, especially after his ex-wife, Scott, signed it shortly after their 2019 divorce. Sergey Brin: $84.9 billion net worthLike fellow Google co-founder Page, Sergey Brin has not signed the Giving Pledge.
Would you like to get inside the mind of Wall Street's junior bankers? Insider's Emmalyse Brownstein got her hands on recruitment firm Odyssey Search Partners' survey of first-year investment banking analysts. Click here to check out 13 of the most interesting data points from a survey of first-year investment banking analysts. 3. Business students don't want to work on Wall Street. Almost 90,000 business students from around the globe were surveyed on the top employers they would most want to work for.
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