Connect with us

Business

Microsoft Net Worth 2023; Founder, CEO, Revenue & History

Published

on

Microsoft Net Worth

What is Microsoft?

Microsoft Corporation is an American multinational technology corporation. It produces computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus based in Redmond, Washington, United States. Microsoft is best known for software products: the Windows line operating system, the Microsoft Office suite, Internet Explorer, and Edge web browsers. In 2023, Microsoft’s net worth is around $1 Trillion.

Name:                 Microsoft
Industry: Information technology
ISIN: US5949181045
Founded: April 4, 1975; 47 years ago in Albuquerque, New Mexico, U.S.
Founders: Bill Gates, Paul Allen
Headquarters: One Microsoft Way, Redmond, Washington, U.S.
Key People:
  1. Satya Nadella (chairman and CEO)
  2. Brad Smith (vice chairman and president)
  3. Bill Gates (technical adviser)
Products: Software development, Computer hardware, Consumer electronics, Social networking service, Cloud computing, Video games, Internet, Corporate venture capital
Brands: Windows, Office, Skype, Visual Studio, Dynamics, Xbox, Surface
Services: Azure, Bing, LinkedIn, Yammer, Microsoft 365, OneDrive, Outlook.com, GitHub, Microsoft Store, Windows Update, Xbox Game Pass, Xbox network
Revenue: US$198.3 billion (2022)
Operating Income: US$83.4 billion (2022)
Net Income: US$72.7 billion (2022)
Total Assets: US$364.8 billion (2022)
Number of Employees: 221,000 (2022)
Divisions: Microsoft Gaming

History:

The two childhood friends, Bill Gates and Paul Allen wanted to do business using their skills in computer programming. They founded together Traf-O-Data in 1972, which sold a rudimentary computer to track and analyze automobile traffic data.

Bill Gates enrolled at Harvard University, while Allen pursued a degree in computer science at Washington State University, though he later dropped out to work at Honeywell.

On April 4, 1975, Bill Gates and Paul Allen established Microsoft. Bill Gates serves as CEO. Allen suggested the name “Micro-Soft”, short for the microcomputer’s software.

Also, Read About: Facebook Net Worth

Microsoft formed an agreement with ASCII Magazine in Japan in August 1977. As a result, the first international office of ASCII Microsoft. In January 1979, Microsoft moved its headquarters to Bellevue, Washington.

 

View this post on Instagram

 

A post shared by Microsoft (@microsoft)

In 1980, Microsoft entered the operating system with its version of Unix called Xenix. In November 1980, IBM awarded a contract to Microsoft to provide an understanding of the CP/M OS used in the IBM Personal Computer (IBM PC).

Microsoft purchased a CP/M clone called 86-DOS from Seattle Computer Products, which it branded as MS-DOS for this deal. Microsoft became the leading PC operating systems vendor.

On November 20, 1985, the company released Windows as a graphical extension for MS-DOS. The company moved its headquarters from Bellevue to Redmond, Washington. Microsoft introduced the Microsoft Office suite in 1990, which bundled separate applications such as Microsoft Word and Microsoft Excel.

Development:

Microsoft started inventing Microsoft Windows, which was a big break for the company. Microsoft has been known to make around four billionaires and around 12,000 millionaires.

They also ventured into other areas apart from just making computers. They have made phones and gaming consoles, which has brought them a lot of success.

Awards and Achievements:

Microsoft is a huge company that has done a lot of tremendous work. They have received multiple awards:

  • Armorer’s and Brasier’s Company Prize
  • GlaxoSmithKline Prize
  • Micheal Faraday Prize
  • Milner award
  • Mullard Award
  • Royal Society of Africa Prize
  • Royal Society Prizes for Science Books

Microsoft Net Worth 2023 / Microsoft’s Salary / Income

In 2023, Microsoft’s net worth is around $1 Trillion. The company has grown into a large multinational company that earned big success. Microsoft is the largest company in the world.

Will Jack is an accomplished writer who loves to tell stories and loves to do research. Jack has ten years of experience content writing, so he adds a wealth of knowledge to the process of creating reader-resonant bios. Together with Jack and networthgorilla.com, learn the craft of writing biographies. Come celebrate with us the diversity and depth of the human experience via the storytelling medium.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




RELATED POSTS

OUR FAVOURITES

Disclosure

The net worth figures and related information presented here are derived from a variety of public sources. These figures should not be regarded as definitive or fully accurate, as financial positions and valuations are subject to change over time.