Microsoft CEO Satya Nadella’s earnings top $1B as ChatGPT drives stock surge: report

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Microsoft shares have surged more than 1,000% since Nadella took over as CEO in 2014.

by tallying his salary, bonuses, stock dividends and equity grants that were disclosed in Microsoft’s public regulatory filings.The 55-year-old’s earnings bonanza has coincided with a period of massive success for Microsoft’s stock since Nadella took over as CEO in 2014.

Microsoft spokesperson Frank Shaw pushed back on the report, telling Bloomberg that Nadella “does not have net worth of a billion dollars or more.”Shaw reportedly declined further comment on the matter.Microsoft did not immediately return The Post’s request for comment. The report said Nadella has “periodically sold some of his shares” in the company and gifted $20 million in stock to undisclosed beneficiaries., whose ChatGPT tool has exploded in popularity due to its ability to generate human-like response to a wide variety of user prompts.

 

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Stock market today: Dow extends gains as banks shine, Microsoft hits record high By Investing.com⚠️BREAKING: *U.S. STOCKS SOAR AMID UPBEAT BANK EARNINGS, S&P 500, NASDAQ END AT 15-MONTH HIGHS $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »