#Breaking: #SteveBallmer is set to make $1 billion a year for doing nothing

Steve Ballmer is set to make $1 billion a year for doing nothing.

Since Ballmer, the former CEO of Microsoft, owned 333.2 million shares of the company as of 2014 (the last time he filed an ownership disclosure and appears to have adjusted his Microsoft stock), the equivalent of a 4% stake, he would receive just shy of $1 billion in fiscal year 2024. That’s for simply owning the stock — regardless of how it performs.

Ballmer did not respond to a request for comment.

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