Microsoft’s top brass have shifted a large amount of their cash mountain in the direction of er themselves. According to papers filed to the Securities and Exchange Commission, Bill Gates earned $901,667 in Microsoft’s 2004 fiscal year, up 4.4 per cent from a year ago.
According to papers filed to the Securities and Exchange Commission, Bill Gates earned $901,667 in Microsoft’s 2004 fiscal year, up 4.4 per cent from a year ago.
News source: TheInquirer The softly spoken, shy and retiring Steve Ballmer, Microsoft CEO, quietly wrote himself a cheque for the same amount and got the same raise in the fiscal year ended June 30.
Both had base salaries of $591,667 in 2004, bonuses of $310,000. Last year they earned a base salary of $550,000 and had bonuses of $313,477. While they might be being paid the same, Gates earns a lot more thanks to the fact that he owns 10.09 per cent of Microsoft shares, while Ballmer owns a mere 3.78 per cent.
Gates was listed as the richest person in the world by Forbes magazine while Ballmer was only 19th.
