Satya Narayana Nadella Net Worth
Written By Rajan Das
Satya Narayana Nadella is an Indian-American entrepreneur and Microsoft’s executive chairman and CEO. He replaced Steve Ballmer as CEO in 2014 and John W. Thompson as chairman in 2021. He was the executive vice president of Microsoft’s cloud and enterprise group before becoming CEO, and was in charge of designing and overseeing the company’s computing platforms.
Satya Nadella Net Worth
According to wallmine, Satya Nadella’s estimated net worth is at least $875 million dollars as of 28 February 20231. He owns over 4,767 units of Microsoft stock worth over $257,998,342 and over the last 12 years he sold MSFT stock worth over $574,323,6782. Apart from this, Nadella makes $42,910,200 as Chief Executive Officer and Director at Microsoft.
Career
Satya Nadella began his career at Sun Microsystems, where he served as a member of the technology staff. However, it was his pivotal move to Microsoft in 1992 that would shape his remarkable trajectory. At Microsoft, Nadella embarked on numerous influential projects, leaving an indelible mark on the company’s history.
Throughout his tenure, Nadella spearheaded significant initiatives, most notably overseeing Microsoft’s transition to cloud computing. Under his leadership, Microsoft developed one of the world’s largest cloud infrastructures. His strategic vision and foresight propelled the company into the forefront of the cloud industry.
Nadella’s journey within Microsoft saw him assume several key roles, including senior vice-president of research and development (R&D) for the Online Services Division and vice-president of the Microsoft Business Division. He later ascended to the position of president of Microsoft’s Server and Tools Business, a division valued at $19 billion. During his tenure, Nadella orchestrated a transformative shift, transitioning the company’s focus from client services to cloud infrastructure and services.
Recognized as a driving force behind Microsoft’s success, Nadella played an instrumental role in incorporating Microsoft’s core products, such as its database, Windows Server, and developer tools, into the Azure cloud platform. This integration bolstered the company’s revenue from Cloud Services, which surged from $16.6 billion to an impressive $20.3 billion by June 2013.
In acknowledgment of his exceptional contributions, Nadella received significant recognition, both professionally and financially. In 2016, his remarkable achievements culminated in a total compensation of $84.5 million.
CEO of Microsoft
On February 4, 2014, Satya Nadella was appointed as the new CEO of Microsoft, becoming the third CEO in the company’s history, following the footsteps of Bill Gates and Steve Ballmer.
In October 2014, Nadella found himself amidst controversy after making a statement at an event on Women in Computing, suggesting that women should not ask for raises but instead trust the system. This statement received widespread criticism, prompting Nadella to swiftly apologize on Twitter and later send an email to Microsoft employees admitting his error and acknowledging that he was “completely wrong.”
Throughout his tenure, Nadella has fostered collaboration with companies and technologies that are in competition with Microsoft, including Apple Inc., Salesforce, IBM, and Dropbox. Nadella declared “Microsoft Linux,” departing from prior campaigns against the Linux operating system, and in 2016, Microsoft became a Platinum member of the Linux Foundation.
Under Nadella’s leadership, Microsoft underwent a profound cultural shift, reflected in the revised mission statement to “empower every person and every organization on the planet to achieve more.” He emphasized values such as empathy, collaboration, and a growth mindset, transforming the company’s corporate culture into one that emphasizes continuous learning and personal growth.
Acquisitions under Nadella
Nadella’s tenure has also seen significant acquisitions. In 2014, Microsoft acquired Mojang, the Swedish game company renowned for Minecraft, for $2.5 billion. This was followed by the undisclosed purchase of Xamarin. In 2016, Microsoft made headlines with its acquisition of the professional network LinkedIn for a staggering $26.2 billion. In October 2018, Microsoft further expanded its portfolio by acquiring GitHub for $7.5 billion.
Microsoft’s Stock value Tripled:
Since Nadella assumed the role of CEO, Microsoft’s stock has experienced a remarkable tripling in value by September 2018, with an impressive 27% annual growth rate.
Satya Nadella’s tenure as CEO of Microsoft has been characterized by strategic acquisitions, cultural transformation, and a renewed emphasis on collaboration and continuous growth. His leadership has propelled Microsoft to new heights, embracing innovation, and positioning the company for ongoing success in the rapidly evolving tech industry.
Honours & Awards
- In 2018, he was recognised as one of the Time 100,
- in 2019, he was named Financial Times Person of the Year.
- Fortune magazine Businessperson of the Year, in 2020, at CNBC-TV18’s India Business Leader Awards in Mumbai, he was named a Global Indian Business Icon.
- In 2022, the Government of India gave him the Padma Bhushan, the third-highest civilian honour in India.
Personal Life:
Nadella married Anupama in 1992. She is the daughter of his father’s IAS batchmate. Anupama was his junior at Manipal, where he was studying for a B.Arch in the Faculty of Architecture. The couple, who live in Clyde Hill and Bellevue, Washington, had three children: a son and two girls. His son Zain had cerebral palsy, was a quadriplegic, and was also legally blind. Zain passed away in February 2022 at the age of 26.
Nadella enjoys reading poetry, especially American and Indian poetry. Having played on his school team, he also enjoys cricket with a passion. The Seattle Sounders FC, a Major League Soccer team, is owned by Nadella and his wife Anupama.
