# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CnxDpUZqKvf
- **Gondola URL:** https://gondola.cc/posts/17861711-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/3e16a69464.jpg
- **Posted:** 2023-01-23T17:44:29.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

💰 Investors oftentimes will invest in companies that have undergone a management change, which can lead to new focus areas and growth opportunities. Follow benzinga 

Here’s a look at how Microsoft Corporation stock has performed since Bill Gates stepped down as CEO.

When Gates stepped down as CEO, he maintained the Chairman of the Board title and also took on the title of Chief Software Architect for the company he founded. Gates said at the time the new role would help him spend more time on new software technologies.

“It’s an exciting evolution for me and a very good transition for the company,” Gates said.

Shares of Microsoft hit a high of $27.15 on Jan. 13, 2000, when it was announced that Gates had stepped down as CEO of the company.

A $1,000 investment in Microsoft stock at the time could have purchased 36.82 shares. A two-for-one split in 2003 would have turned the investment into 73.64 shares.

The $1,000 investment would be worth $17,751.66 today, based on a price of $241.06 for Microsoft shares at the time of writing.

This represents a return of 1,675.2% since Gates stepped down as CEO. The hypothetical investment would have posted an average annual return of 72.8%. benzinga 
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## Tags

money, trading, success, stockmarket, wealthbuilding, stocks, microsoft, investor, cryptocurrencies, investing, wallstreet, stocktrading, wealth, stockmarketinvesting, forex, financialfreedom, billgates, entrepreneurship, business, investors, entrepreneur, technology, optiontrading

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