Satya Nadella Net Worth 2024

What is Satya Nadella’s Net Worth and Salary?

Satya Nadella is an Indian-American know-how government who has a net worth of $500 million. Satya Nadella has earned his fortune because of his highly-successful and prolonged profession at Microsoft. Satya joined Microsoft in 1992. He famously earned an MBA taking weekend lessons on the University of Chicago, commuting from Seattle. He led a number of key Microsoft divisions earlier than being chosen to exchange Steve Ballmer as CEO in 2014. Under Steve Ballmer’s tenure (which lasted from 2000 to 2014), Microsoft’s share value elevated round 21%, from begin to end. Under Satya, Microsoft’s share value has elevated almost 900%. Between 2014 and 2023, so not together with his first twenty years on the firm, Satya has acquired $1 billion in compensation (wage, fairness grants, dividends and bonuses).

Satya is undoubtedly the most successful CEO in Microsoft history. During Bill Gates’ reign, Microsoft’s peak market cap was $614 billion. That market cap was achieved on December 27, 1999 on the absolute peak of the dotcom bubble. When Steve Ballmer took over, the corporate’s market cap was round $260 billion. During Ballmer’s reign, Microsoft dropped as little as $160 billion within the washout from the 2008 nice recession then peaked at $315 billion proper earlier than he handed over to Satya Nadella. Over the subsequent 5 years underneath Satya, the corporate’s market cap raced to over $1 trillion. Then $2 trillion. Then almost $3 trillion.

In distinction to Microsoft’s conventional philosophy of fierce competitors with rivals, Nadella as a substitute emphasizes cooperation. Throughout his tenure, he has developed nearer relationships with firms like IBM, Salesforce, and Dropbox. Satya has even pushed for hotter relationships with firms like Linux and Apple. Over the course of his profession, Nadella has been honored with a lot of accolades. He has been named Person of the Year or Businessperson of the Year by a lot of completely different publications.

Salary

In 2013, Satya earned a base wage of $669,000 and acquired an extra $17.6-million compensation bundle within the type of inventory choices and bonuses. In 2014, his complete compensation rose to roughly $40 million. Between 2015 and 2017, Nadella earned $20 million per yr by means of wage and bonuses alone. In 2019, he earned a complete sum of $42 million. This represented a mixture of base wage, inventory choices, and different performance-based incentives. At least $10.8 million of his compensation bundle for 2019 got here from a single money bonus, and his base wage for that yr was $2,333,333.

Shares

According to an SEC submitting in 2020, Satya owned round 1.7 million shares of Microsoft. At that time these shares have been value roughly $330 million.

Over a two day interval in November 2021 Satya bought 838,584 shares in Microsoft, leading to a yield of $285 million.

Early Life & Education

Satya Narayana Nadella was born on August nineteenth of 1967 in Hyderabad, Andhra Pradesh, India. After graduating from secondary faculty, Satya attended the Manipal Institute of Technology and finally earned a bachelor’s diploma in electrical engineering. After graduating in 1988, Satya relocated to the United States in an effort to attend the University of Wisconsin-Milwaukee.

Once there, he earned an M.S. in laptop science earlier than attending the University of Chicago Booth School of Business. In the mid-Nineteen Nineties, whereas working at Microsoft, Satya returned to the University of Chicago’s Booth School to earn an MBA. He commuted backwards and forwards every weekend from Seattle.

Career

Nadella started his profession at Sun Microsystems, an American laptop and software program firm. Satya Nadella started his profession at Microsoft in 1992. Before turning into CEO, he held a number of key positions throughout the firm, showcasing his wide selection of abilities and management qualities.

1. Senior Vice President of Research and Development for the Online Services Division: In this function, Nadella was accountable for overseeing the R&D efforts for Microsoft’s on-line companies, a vital space as the corporate sought to increase its web companies.
2. Vice President of the Business Division: Nadella was accountable for managing enterprise options like Microsoft Dynamics (ERP & CRM software program) throughout his time on this place. This function required a mix of technical data and enterprise acumen, as he was overseeing part of Microsoft’s enterprise that was vital for enterprise clients.
3. Executive Vice President of Cloud and Enterprise Group: This was one among Nadella’s most vital roles earlier than turning into CEO. He was instrumental in remodeling Microsoft’s cloud computing infrastructure, together with the event of one of many largest cloud infrastructures on this planet to help Bing, Xbox, and Office. Under his management, the income from Cloud Services grew and the corporate’s inventory value elevated considerably.
4. President of the Server & Tools Division: Nadella led the transformation of the enterprise and know-how tradition from shopper companies to cloud infrastructure and companies. He was closely concerned in bringing Microsoft’s database, Windows Server, and developer instruments to its Azure cloud.

Revenue from Microsoft’s Cloud Services grew immensely underneath Nadella’s management, rocketing from round $16 million in 2011 to over $20 billion in 2013. In 2014, Satya was named the brand new CEO of Microsoft, turning into the third individual to carry this place after Bill Gates and Steve Ballmer. While Nadella continues to push for better implementation of cloud know-how, he has additionally emphasised common traits reminiscent of studying and empathy.

Acquisitions

Some of Satya Nadella’s most notable contributions to Microsoft since turning into CEO have concerned a lot of acquisitions. Perhaps Microsoft’s most well-known acquisition of the fashionable period got here in 2014 when it bought Mojang, a Swedish online game firm accountable for creating the insanely common recreation Minecraft.

In the years that adopted, Nadella additionally oversaw the acquisition of Xamarin, a San Francisco-based firm that focuses on Common-Language Infrastructure (CLI). In addition, Nadella pushed for the acquisition of LinkedIn, which was efficiently acquired by Microsoft in 2016 for $26.2 billion. In 2018 Microsoft bought GitHub for $7.5 billion. In 2023 Microsoft agreed to take a position $11 billion over time into OpenAi, the maker of ChatGPT.

Other Ventures

Outside of his work with Microsoft, Satya has pursued a lot of extra ventures. He and his spouse Anupama are partial homeowners of the Seattle Sounders, an expert Major League Soccer workforce. In 2017, he additionally revealed a guide entitled “Hit Refresh,” which covers his youth, profession, and imaginative and prescient for the way forward for know-how. All proceeds from his guide gross sales went to nonprofit organizations.

Nadella additionally serves on boards and committees of a lot of completely different firms and entities. These embrace Starbucks, the Fred Hutchinson Cancer Research Center, and the University of Chicago.

Personal Life

In 1992, Satya married Anupama, a girl whom he had met whereas learning at Manipal University. She was learning for a bachelor of structure diploma on the time. Over the course of their relationship, Anupama and Satya have had three kids collectively. The family at the moment lives in Washington.

Real Estate

In 2016, it was introduced that Satya Nadella was promoting his residence in Washington for $2.8 million. Located within the neighborhood of Clyde Hill, the spacious residence options French doorways, meticulously-maintained lawns, and outside entertaining areas. There are additionally spectacular views of Lake Washington and the Olympic Mountains. Satya first listed the property for $3.5 million, however later settled on a considerably lowered value of $2.8.

This may look like a significant value minimize, however one has to do not forget that Nadella initially bought the house 16 years prior for $1.385 million. This signifies that the Nadellas have been in a position to double their preliminary funding. After promoting the 4,050-square-foot property, Satya and his family stayed in Washington and presumably moved to a different residence in Bellevue that he had bought in 2013 for $422,500.