As a result of Microsoft Corp.’s AI-driven rally, its stock has reached new highs, pushing CEO Satya Nadella‘s overall profit from the business above the gilded $1 billion mark.
All compensation that Nadella has received from Microsoft that may be deduced from regulatory records is included in his windfall, including equity awards, salary, bonuses, and dividends. Microsoft stock has increased by more than 1,000% since his first day in the top position, supporting it.
Microsoft Payouts
Regulatory papers reveal that he has received shares worth $20 million in gifts over the years, but the recipients are not disclosed. Frank Shaw, a spokesman for Microsoft, wrote in an email that Nadella “does not have a net worth of one billion dollars or more.” He chooses not to provide more commentary.
When Nadella assumed control of Microsoft in 2014, many people believed the computer giant’s brightest days were behind it. It is currently the second-largest business in the world and is regarded as the leader in the battle to profit from artificial intelligence.
- Microsoft’s AI rally boosts stock, surpassing $1 billion profit.
- Nadella receives $20 million in gifts; Microsoft spokesman denies net worth.
- Nadella joins an elite corporate elite, earning 10-figure salaries.
The company’s multibillion-dollar investment in OpenAI and its ChatGPT bot, which a top executive dubbed a “Windows 95 moment,” about the enormously popular software released almost three decades ago, may turn out to be Nadella’s most revolutionary move.
As a result, Microsoft outperformed rivals like Alphabet Inc. in terms of AI capabilities, which is the primary reason for the stock’s 50% increase this year.
Nadella is a member of a select club of corporate titans who receive 10-figure salaries from their businesses. He has followed a trajectory resembling that of Tim Cook, CEO of Apple Inc., the only business in the world with a value greater than Microsoft.
The skyrocketing value of Nadella’s rewards is largely due to Microsoft’s stock performance since early 2014, including dividends reinvested.
When Nadella was appointed CEO, many believed Microsoft to be a fading force in the market—a Windows and Office powerhouse unable to navigate the world of mobile devices.