Facts of Satya Nadella
|Full Name||Satya Narayana Nadella|
|Birth Name||Satya Narayana Nadella|
|Profession||Business Executive, CEO Of Microsoft|
|Father Name||Bukkapuram Nadella Yugandhar|
|Father Profession||Indian Administrative Service (IAS) officer|
|Mother Name||Prabhavati Nadella|
|Mother Profession||Sanskrit lecturer|
|No Of Children||3|
|Awards||Pravasi Bharatiya Samman|
|Education||Manipal Institute of Technology, University of Wisconsin–Milwaukee, University of Chicago Booth School of Business|
|Date of Birth||August 19,1967|
Satya Nadella, an Indian-American business executive is currently the CEO of Microsoft, since 2014, succeeding Steve Ballmer. Nadella joined Microsoft in 1992 & ever since has an association with the company.
The University of Chicago Booth School of Business graduate previously worked as the President of Microsoft's Server & Tools Division (2011- 2014) before being appointed the company's CEO.
What Is Satya Nadella's Net Worth In 2020?
According to online sources, 52-year-old Nadella has a net worth of $387 million as of June 2020.
Since becoming the CEO of Microsoft, Satya steered the company to span its wings in technologies and businesses; moving out of the failing mobile strategy to cloud computing and augmented reality.
Throughout his career span, the Hyderabad, India-born business executive has led Microsoft from a multi-billion market cap to trillion dollars capitalization.
According to the report of May 31, 2020, Microsoft's market cap stood at $1.39 trillion dollars; a drastic rise by 3 fold since Nadella became its CEO (its then-market cap was $300 billion).
In 2019, the annual revenue of Microsoft was $125.843 billion- it is nearly 30% growth in comparison to 2014.
Stocks Ownership & Salary From Microsoft
As per The Street, Satya Nadella owns approx. 280,174 shares in the company, which is estimated to be more than $185 million. Reportedly, each share closed at the value of $183.25 on May 29, 2020.
The Celebrity Net Worth reports, he sold nearly 30% of his stake in 2018, for a gain of $25 million.
Back in 2013, Nadella collected $17.6 million on compensation & the base salary of $700,000.
By 2014, when Nadella became the CEO of Microsoft, he took home his career-highest $84 million compensation package.
In the 2018 fiscal year, Satya earned $25.8 million in total compensation & saw a rise to $42.9 million in compensation in the 2019 fiscal year (over $2.3 million in base salary & rest in stocks).
Revenue Of Cloud Services Grew By $4 Billion In 2 Years
Before being CEO of Microsoft, Nadella took leadership of Server and Tools Business in 2011, transforming the client services to cloud infrastructure and services.
Over the course of 2 years, the Cloud Services revenue hiked from $16.6 billion to $20.3 billion by June 2013. As a result, he was awarded $84.5 million in 2016.
Career Timeline In Microsoft
Formerly, a staff member of Sun Microsystems, Satya Nadella joined Microsoft in 1992 & worked on the development of Windows NT, a landmark operating system.
Here is the list of positions held by Nadella:
- Vice-President of Microsoft bCentral small-business service (in 1999)
- Corporate Vice-President of Business Solutions and Search & Advertising Platform Group (in 2001)
- Executive Vice-President of Cloud and Enterprise group
- Senior Vice-President of Research and Development for the Online Services Division (March 2007- February 2011)
- President of the Server & Tools Division (February 2011- February 2014)
Thereafter, on February 4, 2014, Nadella became the 3rd CEO of Microsoft.
Achievements & Acquisitions
Throughout his tenure, Satya has led the company to excel in technologies and businesses investments; also took it through major changes:
- Release Of Microsoft Office for Apple’s iPad
- Skipping Windows 9 and releasing Windows 10
- Introduced the company's first laptop, Microsoft Surface Book
Check out acquisitions of Microsoft under CEO Satya Nadella:
|Acquired Company||Acquisition Date||Deal Value|
|Mojang, a Swedish game company, famous for building game 'Minecraft’||2014||$2.5 billion|
|Xamarin, a software company||2016||$400 million- $500 million|
Did you know? As Microsoft-Nokia partnership smartphones saw market decline, Microsoft took a write-down of $7.5 billion for the acquisition of Nokia Corp.’s mobile-device business in 2015. Microsoft then announced layoffs of 7,800 employees & later, sold the Nokia mobile trademark to Finnish startup HMD Global.
What Other Ventures Nadella Has Hands In?
According to his LinkedIn profile, the Microsoft CEO is a board member of Fred Hutch (2016- Present) and Star Bucks (2017- Present). Since September 2018, Satya serves as a member of the Board of Trustees at the University Of Chicago.
In 2017, he released a book Hit Refresh, which revolves around his career in Microsoft & his views on technology as the infrastructure of the future.
Along with his wife Any Nadella, Satya is the minority owner of the Major League Soccer's team Seattle Sounders FC.
Father Of 3 With Wife Anupama: Where Does He Live?
Satya Nadella lives with his wife Anupama in Bellevue, Washington home; he bought the residence in 2013 for a reported $422,500. He drives a BMW 740Li.
Nadella married Anupama in 1992- she is the daughter of his father's IAS batchmate. Together, the couple shares 3 children: son Zain & 2 daughters; Divya & Tara.
Formerly, the Nadella family lived in the 1960s home in the Clyde Hill of Seattle-area; spread on 4,000- sq. ft. & features 4 bedrooms & 3 bedrooms.
In January 2016, he kept the property for sale asking $3.448 million & later sold it for $2.775 million in May 2016.
As for a fact, Nadella held the ownership of the house for nearly 16 years; he had bought the property in August 2000 for $1.38 million.
Satay Nadella was born Satya Narayana Nadella on August 19, 1967, in Hyderabad, India. His father Bukkapuram Nadella Yugandhar was an Indian Administrative Service (IAS) officer of 1962 batch while mother Prabhavati was a Sanskrit lecturer.
After attending Hyderabad Public School, he enrolled at Manipal Institute of Technology & obtained a bachelor's in electrical engineering in 1988.
Thereafter, he earned an M.S. in computer science in 1990 from the University of Wisconsin–Milwaukee. Moreover, in 1996, Nadella graduated with an MBA from the University of Chicago Booth School of Business.