Steve and Connie Ballmer have given away more than $8 billion during the past two decades, and founded the Ballmer Group in 2015. Now they’re changing who gets to decide where the next donations go.
The couple’s economic-mobility philanthropy, Ballmer Group, is spinning its three regional offices into separate, independent nonprofits for their regional grantmaking. The organizations, including MoveUp Southeast Michigan, MoveUp LA, and MoveUp Washington, will operate on their own but stay funded by the Ballmers. Steve was the CEO of Microsoft from 2000 to 2014 and has an estimated net worth of $177 billion, making him the ninth-richest man in the world, according to the Bloomberg Billionaires Index.