Satya Nadella Net Worth
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What is Satya Nadella’s net worth and salary?
Satya Nadella (Satya Nadella) is an Indian-American technology executive with a net worth of US$350 million. He is best known as the CEO of Microsoft, a position he has held since he succeeded Steve Ballmer in 2014. After starting his Microsoft journey, he eventually became the executive vice president of Microsoft Cloud and Enterprise Group, and then was promoted to CEO.
Unlike Microsoft’s traditional philosophy of fierce competition with rivals, Nadella instead emphasizes cooperation. During his tenure, he established closer relationships with companies such as IBM, Salesforce, and Dropbox. Satya even promotes friendly relations with companies such as Linux and Apple. During his career, Nadella has won many honors. He was named Person of the Year or Businessman of the Year by many different publications.
early life
Satya Narayana Nadella was born on August 19, 1967 in Hyderabad, Andhra Pradesh, India. After graduating from high school, Satya studied at the Manipal Institute of Technology and eventually received a bachelor’s degree in electrical engineering. After graduating in 1988, Satya moved to the United States to study at the University of Wisconsin-Milwaukee. There, he received a master’s degree in computer science before entering the University of Chicago Booth School of Business. By 1996, he had obtained an MBA degree.
Profession
Nadella began his career at Sun Microsystems, an American computer and software company. He initially worked as a technician at Sun Microsystems and then transferred to Microsoft in 1992. Nadella quickly became a key figure in Microsoft, leading the cloud computing movement. He eventually helped develop one of the largest cloud infrastructures in the world.
Nadella was promoted quickly and first served as senior vice president of research and development of Microsoft’s online services department. He also held the same position in the company’s business unit. After becoming the president of the server and tools business, he was able to push Microsoft toward cloud computing with greater vitality. Under Nadella’s leadership, the revenue of Microsoft’s cloud services has grown substantially, from approximately US$16 million in 2011 to more than US$20 billion in 2013. In 2014, Satya was appointed as the new CEO of Microsoft, becoming the third Ballmer to hold this position after Bill Gates and Steve. While Nadella continued to promote the greater implementation of cloud technology, he also emphasized universal characteristics such as learning and empathy.
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Acquisition
Some of the most significant contributions of Satya Nadella to Microsoft since becoming CEO have involved multiple acquisitions. Perhaps Microsoft’s most famous acquisition of the modern era occurred in 2014, when it acquired the Swedish video game company Mojang, which was responsible for developing the wildly popular game Minecraft.
In the following years, Nadella also oversaw the acquisition of Xamarin, a San Francisco-based company specializing in Common Language Infrastructure (CLI). In addition, Nadella promoted the acquisition of LinkedIn, which was successfully acquired by Microsoft for US$26.2 billion in 2016. The company’s most recent acquisition occurred in 2018, when it acquired GitHub for $7.5 billion.
Other venture capital
In addition to the cooperation with Microsoft, Satya also carried out some additional adventures. He and his wife Anupama are part owners of the major league football team Seattle Bayers. In 2017, he also published a book called “Hit Refresh”, which covers his early life, career and vision for the future of technology. All his book sales proceeds were donated to non-profit organizations.
Nadella also serves on the boards and committees of many different companies and entities. These include Starbucks, Fred Hutchinson Cancer Research Center and the University of Chicago.
relation
In 1992, Satya married Anupama, who he met while studying at Manipal University. At the time she was studying for a bachelor’s degree in architecture. During their relationship, Anupama and Satya had three children together. The family currently lives in Washington.
salary
In 2013, Satya had a base salary of US$669,000 and received US$17.6 million in additional compensation in the form of stock options and bonuses. In 2014, his total compensation increased to approximately US$40 million. Between 2015 and 2017, Nadella earned US$20 million a year through salary and bonuses alone. In 2019, his total income was 42 million U.S. dollars. This represents a mix of base salary, stock options, and other performance-based incentives. At least US$10.8 million in his 2019 salary package came from a single cash bonus, and his base salary that year was US$2,333,333.
share
When he was first appointed as CEO, the company’s market value was $300 billion. In the next five years, he increased the company’s market value to more than $1 trillion. The company has maintained a market value of more than 850 billion U.S. dollars. By 2018, Nadella tripled Microsoft stock with an annual growth rate of 27%. At the time of writing, Microsoft’s market capitalization is $2.5 trillion.
According to a 2020 document from the US Securities and Exchange Commission, Satya holds approximately 1,700 shares of Microsoft. At that time, the value of these stocks was approximately $330 million.
Within two days of November 2021, Satya sold 838,584 shares of Microsoft stock for a yield of US$285 million.
real estate
In 2016, Satya Nadella announced the sale of his Washington home for $2.8 million. The spacious residence is located near Mount Clyde, with French doors, well-maintained lawns and outdoor entertaining areas. There are also magnificent views of Lake Washington and the Olympic Mountains. Satya initially listed the property at a price of US$3.5 million, but later sold it at a significantly reduced price of US$2.8.
This seems to be a major price cut, but it must be remembered that Nadella originally bought the house 16 years ago for $1.385 million. This means that the Nadellas can double their initial investment. After selling the 4,050-square-foot property, Satya and his family stayed in Washington. It is speculated that he bought another house in Bellevue for $422,500 in 2013.
