If it’s any consolation to holders of Microsoft stock or anybody who is a big fan of Microsoft both as a company and as investment, Bill Gates is still the richest American. For the 20th consecutive year, Bill Gates tips the scales of the Fortune 400 list of richest individuals. Bill Gates net worth is showing the effects of Microsoft’s pricing in the past 20 years.
This may be cold comfort for people who bought stocks starting on the year 2000 until the early part of 2013. If you bought Microsoft share during this time period, chances are you just let your money sleep. That’s right, instead of the Microsoft typical pattern of growing like gang busters and sometimes even doubling and tripling within a ridiculously short period of time, the Microsoft stock has pretty much trended sideward or just flat out. It missed a lot of awesome developments in technology and lucrative investment returns that go with it during the past 13 years.
A lot of people are blaming Steve Ballmer for this. Steve Ballmer is the CEO of Microsoft who just announced he would be leaving. But as we have written earlier, a lot of fingers can also point back to Steve Jobs. He may not be on the throne but he may the man-behind-the-man-behind-the-man-that-patrols-the-man controlling the levers power of Microsoft. Be that as it may, if it’s any called comfort, hanging on to Microsoft stock isn’t going to be a trip to bankruptcy but still it’s not going to be a trip to the bank either.
Bill Gates is still the richest man in America and that says something about Microsoft’s stay in power. Let’s hope that the next person in charge of Microsoft is able to leverage the strong suites of this tech giant. Let’s face it, Microsoft isn’t going anywhere anytime soon. It’s the number 1 corporate software giant and it is firmly planted in certain product categories. Be that as it may, somebody needs to move quickly and have a solid plan to turn that company around. Because it’s definitely not living up to its full potential.