Microsoft gives raises to Gates, Ballmer

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  • dj pussy
    Confirmed User
    • Jul 2003
    • 1440

    #1

    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
  • egonetworks
    Confirmed User
    • Jan 2004
    • 6706

    #2
    Wow...that's pretty low compared to a lot of CEO's of large companies.

    Comment

    • Manowar
      jellyfish  
      • Dec 2003
      • 71528

      #3
      i dont think money is an issue anymore for them

      Comment

      • mookienow
        Confirmed User
        • Jul 2004
        • 987

        #4
        It all gets put threw a swiss account neways.

        Comment

        • tony299
          lurker
          • Aug 2002
          • 57021

          #5
          Thats because they are owners , most ceos are employees .

          Comment

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