14 DAY TRIAL // As I reported to you not a long time ago, news on Steve Ballmer's retirement from Microsoft made the company's stock skyrocket in just a few minutes, getting really close to a 12-month high on Wall Street.
Microsoft shares have increased by almost 9 percent, but they eventually settled at approximately 7 percent, reaching no less than $34.50 (€25.78).
The stock increase means that Ballmer, whose net worth is $15 billion (€11.2 billion) according to Forbes, has made more than $750,000 (€560,000) in just a few minutes, according to a report by The Register.
Ballmer is currently holding 333.252 million shares in Microsoft, which makes him an important company owner. In fact, the outgoing CEO has already confirmed that it plans to remain so for many years from now.
“I am excited by our mission of empowering the world and believe in our future success. I cherish my Microsoft ownership, and look forward to continuing as one of Microsoft’s largest owners,” he said in his goodbye letter to company employees.