Bill Gates, Steve Ballmer and Paul Allen are three individuals in possession of the most Microsoft shares, but now an expected little shuffle at the very top has just been confirmed.
Steve Ballmer, the former CEO of the company, has recently become the largest shareholder.
This report confirms this new milestone, revealing that Gates has once again sold some of the stock he owns. The US Security and Exchange Commission recorded the sale of 4.6 million shares from Microsoft co-founder on May 2.
His decision to sell Microsoft stock is not new — in fact, Bill Gates has been doing this for the past few years, selling the stock and investing (both time and money) into the Bill and Melinda Gates Foundation.
Gates is currently working with new CEO Satya Nadella in the role of a technical advisor, and he now owns 330.1 million shares in the company.
Ballmer, on the other hand, is now in possession of 333 million Microsoft shares.
This represents some 4 percent of the company, and going by his statement announcing his resignation, the former CEO has no intention of selling his stocks in the coming years, which means he is set to hold his position as the largest individual shareholder for the foreseeable future.
Of course, Bill Gates still remains the richest person in the world, with Forbes placing his net worth to the tune of $76 billion as of March.
All thanks to some very sound investments he has made in various other firms.