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Fortune

Marco Quiroz-Gutierrez

Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor

Steve Ballmer Bill Gates French Gates Melinda French Gates Microsoft Paul Allen

(Credit: Ramin Talaie—Corbis/Getty Images)

When Steve Ballmer joined Microsoft he didn’t get a single company share. But now, his skyrocketing Microsoft holdings have made him richer than the company’s founder.

The 68-year-old former Microsoft CEO squeaked by his onetime boss Bill Gates to become the sixth richest person in the world on Monday with a net worth of $157 billion. He is now richer than many well-known tech entrepreneurs including Google cofounder Sergey Brin, Oracle founder Larry Ellison, and Dell Technologies CEO Michael Dell.

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