Satya Nadella is an Indian-American tech executive. He is a former Microsoft CEO. He was previously Microsoft’s EVP of Cloud and Enterprise.
How Rich is Microsoft’s CEO in 2022?
Satya Narayana Nadella is a $320 million Indian-American businessman. He is Microsoft’s current CEO.
Born Satya Nadella:
Satya Nadella was born in 1967 in Hyderabad, India. He earned a BSc in Electronics and Communications from Manipal Institute of Technology. Then he moved to Wisconsin-Milwaukee to conclude his studies. There he earned a master’s degree in computer science. He also has an MBA from the University of Chicago Booth School of Business. So, with a background in both electrical engineering and business, he joined Sun Microsystems.
And Satya Nadella?
He started in 1992. He was first hired as a Program Manager in Windows Developer Relations. He rose quickly through the ranks to become Senior Vice President of Research and Development for Online Services and Vice President of Microsoft Business Solutions (MBS). Prior to leading Microsoft’s $19 billion Server and Tools division. Former Executive Vice President of Microsoft’s Cloud and Enterprise business. Before 2014, Steve Ballmer was the CEO.
In 2013, Nadella earned $669,000 plus $17.6 million in bonuses. In 2014, he earned $40 million. Then he made $20 million in 2015 and 2017. But he made almost $42 million in 2019. When he became CEO, the corporation was valued at $300 billion. He enhanced its value by almost $1 trillion in five years.
Satya Nadella’s Life
Anupama, his wife, in 1992. Son of an IAS batchmate. She was also his junior at Manipal, where she was pursuing B. Arch. They have a son and two daughters. Nadella enjoys reading American and Native poetry. He used to play cricket for his high school squad. He also wrote Hit Refresh. It’s about his life, Microsoft, and technology.
Satya Nadella’s Net Worth
Nadella’s net worth is estimated to be around $320 million.
Acquisitions have been among Satya Nadella’s most notable achievements since becoming CEO. Microsoft’s most famous acquisition of recent years was Mojang, the Swedish video game developer behind the enormously successful game Minecraft.
In the years that followed, Nadella spearheaded the purchase of Xamarin, a San Francisco-based Common-Language Infrastructure company (CLI). Nadella also pushed for Microsoft to buy LinkedIn for $26.2 billion in 2016. In 2018, the business paid $7.5 billion for GitHub.
Other Business Ideas
Besides his career at Microsoft, Satya has a lot of interests. He and Anupama own a piece in the Seattle Sounders of MLS. In 2017, he published “Hit Refresh,” a memoir about his early life, career, and technology vision. His book sales went entirely to charity.
Nadella sits on numerous boards and committees. A few are Starbucks, Fred Hutchinson Cancer Research Center, and University of Chicago.
Satya married Anupama, a Manipal University student, in 1992. She was studying architecture at the time. Anupama and Satya have three children together. The family now lives in Washington, D.C.
In 2013, Satya earned $669,000 in base pay plus $17.6 million in stock options and bonuses. In 2014, his total compensation topped $40 million. From 2015 to 2017, Nadella made $20 million in salary and incentives. In 2019, he made $42 million. This included a base pay, stock options, and other performance-based rewards. His 2019 remuneration plan included a single cash bonus worth $10.8 million, with a base salary of $2,333,333.
When he became CEO for the first time, the company was valued at $300 billion. He grew the company’s market valuation to over $1 trillion in five years. The company’s market valuation has consistently surpassed $850 billion. By 2018, Nadella has quadrupled Microsoft stock’s annual growth rate. Microsoft has a current market cap of $2.5 trillion.
In 2020, Satya held roughly 1.7 thousand Microsoft shares. Shares valued at almost $330 million.
In November 2021, Satya sold 838,584 Microsoft shares for a $285 million profit.
Satya Nadella sold his Washington home for $2.8 million in 2016. The massive Clyde Hill mansion boasts French doors, landscaped lawns, and outdoor party areas. Lake Washington and the Olympic Mountains have equally stunning views. Satya first asked $3.5 million for the home before lowering it to $2.8 million.
While this may seem like a big discount, keep in mind that Nadella bought the property for $1.385 million 16 years ago. Nadellas’ initial investment was thus more than doubled. Satya and his family likely stayed in Washington after selling the 4,050-square-foot home and relocated to a $422,500 property in Bellevue.