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Showing posts with the label Steve Ballmer

Come Sit Sit Still Get Sweet Plus Money, US Billionaires Earn IDR 15.37 Trillion per Year

Come Sit Sit Still Get Sweet Plus Money, US Billionaires Earn IDR 15.37 Trillion per Year Just sitting quietly, this US billionaire earns IDR 15.37 trillion per year Steve Ballmer is still rich even though he doesn't do anything. Photo/Reuters WASHINGTON - For most people, passive income is a little extra change that requires a little effort to earn to supplement a primary source of income. For Steve Ballmer, the amount is USD 1 billion or Rp. 15.37 trillion.  Ballmer, the world's sixth richest person, will collect such a large dividend from Microsoft in 2024. This comes after the tech giant increased its quarterly dividend payout to 75 cents per share, or USD3 per share per year.  Since Ballmer, the former CEO of Microsoft, owned 333.2 million shares of the company in 2014 (the last time he filed an ownership disclosure and appears to have adjusted his Microsoft stake), the equivalent of a 4% stake, he would have received less than $1 billion in fiscal year2024.