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Roger Yu, USA TODAY 5:19 p.m.

EDT August 23, 2013

Microsoft CEO Steve Ballmer delivers a keynote address at the 2012 International Consumer Electronics Show at The Venetian in Las Vegas.(Photo: Kevork Djansezian, Getty Images)

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Ballmer owns about 333 million shares, Gates owns 461 million shares

SHARE 542 CONNECT 126 TWEET 38 COMMENTEMAILMORE Steve Ballmer's ego may be taking a hit Friday as the stock market jumps on the news that he will step down as CEO of Microsoft, but it also made him and his colleagues instantly richer at least on paper. Ballmer owns about 333.3 million shares, or about $10.8 billion worth of the stock, according to Microsoft's latest proxy. With the stock up about 5.2% in late morning trading, he's about $560 million richer. EARLIER: Ballmer to retire Bill Gates, Microsoft's chairman, owns about $14.9 billion worth of the stock, which means he's about $774 million better off today than yesterday.

Microsoft's executives and directors as a group -- 19 individuals -- collectively are $1.34 billion wealthier today. AllThingsD, the technology news site that pointed out Ballmer's sudden windfall from his resignation, also says Microsoft's market capitalization fell about $330 million during his tenure as CEO.

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