Steve Ballmer, the Chief Executive of tech giant, Microsoft, reportedly sold off a chunk of property on Whidbey Island, Washington, for around $169,500. According to Zillow, he had listed the property for $189,500. Looks like, it sold for around $20,000 lesser than the asking price.
The property is a small part of a larger estate that Ballmer and his wife amassed over a period of time. Initially, the Ballmers might have wanted to rebuild the place or tear it down. However, the family has decided to sell it off and mint some money.
The complete estate is a large piece of land. The largest parcel in the compound is around 10-acres wide. The home that sold is a small 1965-built cabin residence that comprises of three bedrooms with a large water-facing deck. The home also comes with access to a community pool and a tennis court.
Check out the photos of the home, here.
While Ballmer is compromising on his real estate deals, it is completely opposite when it comes to his job. The CEO has reportedly decided to tighten the reins and has been working on developing greater strategies to transform Microsoft into a "known less for programs that people buy than for devices and services that require software", according to the Wall Street Journal.
In a recent letter to his employees, Ballmer said:
"Going forward, our strategy will focus on creating a family of devices and services for individuals and businesses that empower people around the globe at home, at work and on the go, for the activities they value most."
But what do the market experts think about these new moves? Check out a video below to learn more:
