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Bill McDermott Net Worth 2021

$76561644
How rich is Bill McDermott - Net Worth in 2021

William R. McDermott

William R. McDermott, CEO of ServiceNow, is an American businessman. He also became known thanks to his tenure as CEO of the technology company SAP SE. When he was CEO and Co-CEO, the company did very well, increasing its market value from $39 billion to $156 billion. He was named CEO of ServiceNow in November 2019.

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Well, how well do you know Bill McDermott? If not a lot, we`ve put together everything you need to know about Bill McDermott`s 2021 net worth, age, height, weight, wife, children, bio, and all the details about his life. Well, if you`re ready, here`s what we know so far about Bill McDermott.

Biography and early life

Born on August 18, 1961 in Flushing, Queens, New York, USA, the now well-known businessman Bill McDermott was given the name of William R. McDermott, who later changed and kept his father`s name. His parents, Kathleen and Bill McDermott, and his three siblings (whose names were not disclosed and the family lived in Amityville, where Bill grew up. His grandparents, Bobby McDermott, is a former basketball player whose name it is also on the Naismith Memorial Basketball Hall of) Fame.

Age, height, weight and build

So how old is Bill McDermott in 2021 and how tall is he and now, Bill McDermott is 59 on 9 August 2021 and was born on August 18, 1961, weighs approximately 167 pounds in pounds and 76 kg in kilograms.

Education

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Personal life: dating, girlfriends, wife, children

He never revealed many details about his private life. His name is Giulio. The couple have two children, whose names have not been disclosed. In July 2015 he had a terrible accident in which he fell losing his left eye. However, that didn`t stop him from going to work and he returned to SAP headquarters in October 2015.

è Bill McDermott Gay?

No, he`s not gay. He has a wife and two children and has a happy family life. So her sexual orientation is pretty obvious.

Professional career

He started his career working in companies such as Xerox, Gartner and Siebel System where with 20 years, 17 years with Xerox, a one year with Gartner and two years with Siebel System.

After leaving Siebel Systems in 2002, he quickly became CEO of SAP America. In 2008 he was a member of the SAP Executive Board. After two years on the Executive Board, he was appointed Co-CEO of SAP AG in February 2010. On May 21, 2014, he became the first American to assume the position of CEO of SAP SE.

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When he was CEO and Co-CEO, the company has developed very well and its market value has increased by February 2018 from 39 billion to 156 billion US dollars. He was also the highest paid executive in the amount of 11.6 million. He left SAP SE on October 10, 2019. After leaving SAP, he became CEO of ServiceNow, succeeding John Donahoe.

Awards

He also has many recognition for his leadership and entrepreneurial skills. Some of them are listed below:

  • The Handelsblatt of the Deutsche Wirtschaftszeitung named him Manager of the Year 20
  • He received the Vanguard Award from GENYOUth. 
  • He was awarded the City Year`s Idealist of the Yea
  • He also received the Visionary Award from the We Are Family Foundation. 
  • Re-received the Promise Award from the Excellent Children`s Aid Society. 
  • Her memoir Winners Dream: A Journey from Corner Store to Corner Office, which she wrote with Joanne Gordon at the Axiom Business Book Awards, also won the golden meal for a corporate keepsake of year.

Assets, salary and earnings of Bill McDermott in 2021

{img}< p> As of 2021, he has a net worth of $75 million. He was named the highest paid manager to be paid $11.6 million. He is currently the CEO of a high-profile company in his field and has received numerous awards for his leadership. During his tenure, he made many acquisitions in all the companies he worked for. All this helped him make this fortune.

Some interesting facts you need to know

  • In an accident that occurred during his He lost an eye when he was a child.

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Bill McDermott is an American businessman who has invested in many companies and made many acquisitions during his tenure. He is currently the CEO of ServiceNow. In addition, he has received numerous awards for his leadership skills and knowledge in the business world. He was also named the highest paid manager. He has made the company better and better under his leadership and has always been a great leader.

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Bill McDermott Net is a renowned US company who is currently the CEO of ServiceNow. Previously, Bill was the CEO of SAP SE, a technology company that is congratulated for increasing the market value of SAP from $39 billion to $156 billion during his tenure. Additionally, Bill received a gold medal for a business memoir of the year for writing a memoir Winners Dream: A Journey from Corner Store to Corner Office together with Joanne Gordon.

You may know Bill McDermott very well, but do you know how old and tall he is and what is his net worth in 2021? If you don`t know, we have put together this article on the details of Bill McDermott`s short biography-wiki, career, professional life, personal life, current net worth, age, height, weight and more facts. Well, if you`re ready, let`s get started.

Early Life & Biography

Bill McDermott, whose birth name is William R. McDermott, was born on August 18 th , 1961 in Flushing, Queens, New York, USA. Amityville on Long Island among his three siblings. His parents are Kathleen and Bill McDermott.

For $7,000, he purchased Amityville Country Delicatessen at the age of 16 on Long Island.

Bill went to Dowling College, where he studied business administration. Bill expanded his studies at the Kellogg School of Management at North-western University and earned his MBA. Additionally, he went to the Wharton School of Business to complete the Executive Development Program. While he was studying, Bill used his deli business to finance his studies.

Personal life

Bill McDermott is currently a married man. He is married to his wife, Julie. Together they have been blessed with two children.

Having suffered a fall that cost his left eye in July 2015, the bill stayed until September to return to the office.

Bill`s wife suffered from breast cancer for six months and, after remission, survived the disease. However, pancreatic cancer took Bill`s mother`s life, so she created a Kathleen McDermott Foundation that helps find new treatments for the disease.

Age, height and weight

Born on August 18, 1961, Bill McDermott is 59 years old as of today August 9, 2021. He is 1.60 m tall and weighs 71 kg.

Career

Bill`s career began at Xerox, where he worked for a total of 17 years. Later, in 200, he became president of Gartner. In addition, he served as Executive Vice President of Worldwide Sales and Operations from 2001 to 2002 at Siebel Systems.

SAP appointed Bill as CEO of SAP America in 2002, and in 2008, he was appointed to the Executive Board of SAP. Later, he became the co-CEO of SAP AG in February 2010. Four years later, Bill made him the first American to become the CEO of SAP. During his tenure through 2018, Bill managed to raise the value of SAP from $39 billion to $144.7 billion.

This catapulted him to be the highest paid executive above large companies in the German DAX stock index. His profit included a compensation of 11.6 million euros. Bill left SAP SE on October 10, 2019.

Immediately after leaving SAP SE, Bill was appointed CEO of ServiceNow succeeding John Donahoe, who was ending his term. Bill noted that the reasons he joined ServiceNow as CEO included its strength in cloud computing and enterprise software, as well as the challenge of building a vibrant company today.

Additionally, Bill McDermott introduces himself as one of the members of the Business Roundtable. In addition, it is a member of the European Industrial Round Table (ERT).

Additionally, Bill is an accomplished author with the memoir Winners Dream: A Journey from Corner Store to Corner Office that indicates his struggles to be on top. After being published in 2014 by Simon & Schuster, got a great victory in addition to winning a gold medal.

Awards & Achievements

Through Bills Career, he has received different awards for his phenomenal work. In 2016, the German Business Daily Handelsblatt named Bill Manager of the Year. Other awards she has received include the GENYOUth Vanguard Award and the Children`s Aid Society Promise Award. Other awards he has received include The We Are Family Foundation Visionary Award and City Year Idealist of the Year. Additionally, Glassdoor recognized Bill as one of the top CEOs in the United States, Canada, Germany, and the United Kingdom.

Net Worth & Bill McDermott`s Salary in 2021

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As of August 2021, Bill is estimated to have a net worth of approximately $55 million. The amount of his net worth is mainly due to the fact that he was CEO of different leading companies, especially while at SAP SE, where he ranked as the highest paid executive above the big German stock companies.

The story of Bill McDermott is a classic story from poverty to wealth. Having lived in extreme poverty, Bill indicates that his father had to live paycheck to paycheck despite taking all the overtime available. Bill went through college and had the toughest childhood, but he has grown to be the highest paid CEO on the German stock exchange. His allowed him to earn money that helps him support his family.

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