Microsoft gives raises to Gates, Ballmer
 

2004-09-21
Associated Press

REDMOND -- The world's richest man got a raise last year.

Microsoft Corp.'s chairman and chief software architect, Bill Gates, earned $901,667 in Microsoft's 2004 fiscal year, up 4.4 percent from a year ago.

Steve Ballmer, Microsoft CEO, earned the same amount and got the same raise in the fiscal year ended June 30, the Redmond software company said in a filing Monday with the Securities and Exchange Commission.

Both had base salaries of $591,667 in 2004, and earned bonuses of $310,000, the company said in the filing. In Microsoft's 2003 fiscal year, they earned a base salary of $550,000 and had bonuses of $313,477.


The Story

Wow...that's pretty low compared to a lot of CEO's of large companies.

i dont think money is an issue anymore for them

It all gets put threw a swiss account neways.

Thats because they are owners , most ceos are employees .