Microsoft CEO Satya Nadella pay is huge; he just invested money in India, wants to make more
Satya Nadella pay, as Microsoft CEO is huge and he has just put a lot of it in an online investment platform.
The Indian origin Microsoft CEO Satya Nadella pay is indeed massive. He is in fact on of the highest paid CEOs in the US, regularly hitting the top 10 list. Now, it has been reported that he has invested his money in India and wants to make more of it. Satya Nadella has invested in an investment company called Groww. Groww, an online investment platform, has informed that Chairman and CEO of Microsoft Corporation Satya Nadella has joined the company as an investor and advisor. The information was provided by the CEO of Groww over his Twitter handle. “Groww gets one of the world's best CEOs as an investor and advisor. Thrilled to have @satyanadella join us in our mission to make financial services accessible in India," Groww CEO Lalit Keshre tweeted.
Satya Nadella pay at Microsoft was $77,289,149, as per Bloomberg, and that was in 2019. Considering that Microsoft has gone from one success to another, after Nadlla's appointment, the deal was definitely worth it. Microsoft shareholders have seen stock climb in a strong manner. Microsoft's Share Price Quadrupled Under Satya Nadella, statista.com revealed in 2019.
Groww gets one of the world's best CEOs as an investor and advisor.— Lalit Keshre (@lkeshre) January 8, 2022
Thrilled to have @satyanadella join us in our mission to make financial services accessible in India.
However, no further details regarding the the financial part of Satya Nadella's induction has yet been provided by the company. As per a report by Livemint, Groww had raised USD 251 million (around Rs. 1,885 crore) in October 2021 in a funding round led by Iconiq Growth, at a valuation of USD 3 billion. Notably, Satya Nadella sold almost half of his shareholdings in Microsoft for over $285 million in November, 2021.
Investors like Alkeon, Lone Pine Capital and Steadfast also participated in the series E funding round. Groww's existing investors Sequoia Capital, Ribbit Capital, YC Continuity, Tiger Global, and Propel Venture also participated.
Groww was founded in 2016 by four former Flipkart executives Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. The online investment platform allows users to invest across direct mutual funds, exchange-traded funds (ETFs), stocks and IPOs. It also provides tools for stock and portfolio analysis for investors.
The company claims to have more than 20 million users on its platform, with 70 percent of its investors coming from tier-2 and 3 geographies.
About Microsoft Corporation CEO Satya Nadella
Longtime Microsoft executive Satya Nadella was named CEO, succeeding Steve Ballmer to become only the third leader in the company's 39-year history in the year 2014.
According to the information provided by Microsoft, since joining the company in 1992, Nadella has spearheaded major strategy and technical shifts across the company's portfolio of products and services, most notably the company's move to the cloud and the development of one of the largest cloud infrastructures in the world supporting Bing, Xbox, Office and other services.