Microsoft net worth: Microsoft is an American technology company with a market cap of $1 trillion as of this writing. Two young men had been friends since elementary school and were having a conversation at Microsoft.
After lying their way into an interview with MITS, the company behind the Altair 8800 computer, the two men convinced the company to build and sell their interpreter, and in 1975.
This initial success allowed the pair to start their own company, named Microsoft. They opened an international office in Japan in 1977 and relocated their domestic office to Washington in 1980.
When the company went public in 1986, 12,000 of its employees became millionaires, and four of them became billionaires. Around this time, they were hit with a number of anti-trust lawsuits due to business practices that appeared to dominate the computer market.
The mid-90s saw the expansion of networking and World Wide Web applications, such as the popular browser, Internet Explorer. Bill Gates retired from the position of CEO in 2000, and Steve Ballmer took over.
The early 2000s saw the release of the Xbox, as well as more lawsuits. The company has begun to focus on the smartphone market. There are 92,000 people employed by Microsoft.
Also Read: Rod Stewart’s Net Worth
Related: Bryan Cranston’s Net Worth
Related: Neil Young’s Net Worth
Related: Richard Gere’s Net Worth
Related: LL Cool J Net Worth
Related: Michael Oher Net Worth