Steve Ballmer: Difference between revisions
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{{Infobox executive | |||
| name = Steve Ballmer | |||
| image = Steve_Ballmer.jpg | |||
| image_size = 300px | |||
| caption = Ballmer in 2024 | |||
| birth_name = Steven Anthony Ballmer | |||
| birth_date = {{birth date and age|1956|3|24}} | |||
| birth_place = {{flagicon|USA}} [[Detroit, Michigan]], United States | |||
| nationality = {{flagicon|USA}} American | |||
| citizenship = {{flagicon|USA}} United States | |||
| languages = {{flagicon|USA}} English | |||
| residence = {{flagicon|USA}} [[Hunts Point, Washington]], United States | |||
| education = [[Harvard University]] (AB)<br>[[Stanford Graduate School of Business]] (dropped out) | |||
| alma_mater = Harvard University | |||
| occupation = Business magnate, investor, sports team owner | |||
| years_active = 1980-present | |||
| employer = [[Microsoft]] (former CEO)<br>[[Los Angeles Clippers]] (owner) | |||
| organization = Microsoft, USAFacts, LA Clippers | |||
| title = Former CEO of Microsoft<br>Owner of Los Angeles Clippers | |||
| term = Microsoft CEO: 2000-2014 | |||
| predecessor = [[Bill Gates]] (as CEO) | |||
| successor = [[Satya Nadella]] (as CEO) | |||
| board_member_of = Microsoft (former) | |||
| spouse = Connie Snyder (m. 1990) | |||
| children = 3 (Sam, Aaron, Peter) | |||
| parents = Frederic Henry Ballmer (father)<br>Beatrice Dworkin (mother) | |||
| net_worth = {{increase}} US$128 billion (December 2025, Forbes) | |||
| salary = N/A (retired) | |||
| awards = NBA Championship owner (2025 hoped)<br>Time 100 Most Influential People | |||
| website = {{URL|usafacts.org}} | |||
}} | |||
Ballmer | '''Steven Anthony Ballmer''' (born March 24, 1956) is an American businessman and investor who served as chief executive officer of [[Microsoft Corporation]] from 2000 to 2014, succeeding company co-founder [[Bill Gates]].<ref>{{cite news |title=Steve Ballmer Named Microsoft CEO |url=https://www.nytimes.com/2000/01/14/business/microsoft-reorganizes-top-utilitythe-top-as-gates-gives-ballmer-chief-executive-s-title.html |newspaper=The New York Times |date=January 14, 2000 |access-date=December 15, 2025}}</ref> As of March 2025, Ballmer's net worth exceeds $136 billion, making him approximately the tenth-richest person in the world.<ref>{{cite web |title=Steve Ballmer Forbes Profile |url=https://www.forbes.com/profile/steve-ballmer/ |publisher=Forbes |access-date=December 15, 2025}}</ref> In August 2014, he purchased the [[Los Angeles Clippers]] of the [[National Basketball Association]] for $2 billion, setting a then-record for North American sports franchise acquisitions.<ref>{{cite news |title=Steve Ballmer Buys LA Clippers for $2 Billion |url=https://www.espn.com/nba/story/_/id/11342632/steve-ballmer-buys-los-angeles-clippers-donald-sterling-2-billion |newspaper=ESPN |date=August 12, 2014 |access-date=December 15, 2025}}</ref> | ||
Ballmer | Ballmer joined Microsoft on June 11, 1980, as its 30th employee and first business manager, hired by his Harvard classmate Bill Gates.<ref>{{cite news |title=How Steve Ballmer Joined Microsoft |url=https://www.businessinsider.com/steve-ballmer-joined-microsoft-1980-2014-2 |newspaper=Business Insider |date=February 2014 |access-date=December 15, 2025}}</ref> Over his 34-year Microsoft career, Ballmer rose from business manager to president (1998) to CEO (2000-2014), during which Microsoft's annual revenue tripled from $25 billion to $70 billion.<ref>{{cite news |title=Steve Ballmer's Legacy at Microsoft |url=https://www.bloomberg.com/news/articles/2013-08-23/steve-ballmer-s-microsoft-legacy |newspaper=Bloomberg |date=August 23, 2013 |access-date=December 15, 2025}}</ref> However, his tenure as CEO was marked by criticism for missing critical technology shifts including smartphones, tablets, and cloud computing. | ||
Since retiring from Microsoft, Ballmer has focused on the Clippers, where he has invested over $2 billion in the [[Intuit Dome]] arena, and on philanthropy through the [[Ballmer Group]] | Ballmer became internet-famous for his energetic, sometimes manic stage presence at Microsoft events, particularly his viral "Developers, developers, developers!" chant from a 2000 conference.<ref>{{cite news |title=Steve Ballmer's Famous Developers Speech |url=https://www.theverge.com/2013/8/23/4650188/steve-ballmer-greatest-hits |newspaper=The Verge |date=August 23, 2013 |access-date=December 15, 2025}}</ref> His dismissive 2007 prediction that the [[iPhone]] would never gain significant market share has been repeatedly cited as one of technology's worst forecasts.<ref>{{cite news |title=Steve Ballmer's Worst Prediction |url=https://www.businessinsider.com/steve-ballmer-iphone-prediction-2015-1 |newspaper=Business Insider |date=January 2015 |access-date=December 15, 2025}}</ref> | ||
Since retiring from Microsoft, Ballmer has focused on the Clippers, where he has invested over $2 billion in the [[Intuit Dome]] arena, and on philanthropy through the [[Ballmer Group]].<ref>{{cite news |title=Intuit Dome: Inside Steve Ballmer's $2 Billion Arena |url=https://www.wsj.com/articles/intuit-dome-clippers-steve-ballmer-11661792400 |newspaper=The Wall Street Journal |date=August 29, 2022 |access-date=December 15, 2025}}</ref> | |||
== Early life and education == | == Early life and education == | ||
Steven Anthony Ballmer was born on March 24, 1956, in Detroit, Michigan, to Beatrice Dworkin and Frederic Henry Ballmer. His father was a Swiss immigrant who worked as a manager at Ford Motor Company. Ballmer | Steven Anthony Ballmer was born on March 24, 1956, in Detroit, Michigan, to Beatrice Dworkin and Frederic Henry Ballmer. His father was a Swiss immigrant who worked as a manager at Ford Motor Company.<ref>{{cite book |last=Maxwell |first=Fredric |title=Bad Boy Ballmer |publisher=William Morrow |year=2002 |isbn=978-0060011789}}</ref> | ||
Ballmer attended [[Detroit Country Day School]] | Ballmer attended [[Detroit Country Day School]], where he was a National Merit Scholar and graduated as valedictorian with a perfect 800 score on the mathematics section of the SAT examination.<ref>{{cite news |title=Steve Ballmer: From Detroit to Microsoft |url=https://www.cnbc.com/2014/08/24/steve-ballmer-from-detroit-to-microsoft.html |newspaper=CNBC |date=August 24, 2014 |access-date=December 15, 2025}}</ref> | ||
In 1973, Ballmer enrolled at [[Harvard University]]. At Harvard, he lived down the hall from [[Bill Gates]] in Currier House and managed the Harvard Crimson football team. | In 1973, Ballmer enrolled at [[Harvard University]]. At Harvard, he lived down the hall from [[Bill Gates]] in Currier House and managed the Harvard Crimson football team.<ref>{{cite news |title=How Bill Gates Met Steve Ballmer at Harvard |url=https://www.businessinsider.com/how-bill-gates-met-steve-ballmer-2015-5 |newspaper=Business Insider |date=May 2015 |access-date=December 15, 2025}}</ref> | ||
Ballmer graduated magna cum laude from Harvard in 1977 with a Bachelor of Arts in applied mathematics and economics. | Ballmer graduated magna cum laude from Harvard in 1977 with a Bachelor of Arts in applied mathematics and economics. He worked briefly at [[Procter & Gamble]] before enrolling in the MBA program at [[Stanford Graduate School of Business]].<ref>{{cite web |title=Steve Ballmer Biography |url=https://www.britannica.com/biography/Steve-Ballmer |publisher=Encyclopædia Britannica |access-date=December 15, 2025}}</ref> | ||
== Microsoft career == | == Microsoft career == | ||
| Line 21: | Line 53: | ||
=== Joining Microsoft (1980) === | === Joining Microsoft (1980) === | ||
In 1980, Ballmer dropped out of Stanford's MBA program after Bill Gates convinced him to join Microsoft, | In 1980, Ballmer dropped out of Stanford's MBA program after Bill Gates convinced him to join Microsoft.<ref>{{cite news |title=Steve Ballmer Dropped Out of Stanford to Join Microsoft |url=https://www.cnbc.com/2017/05/09/steve-ballmer-dropped-out-of-stanford-mba-to-join-microsoft.html |newspaper=CNBC |date=May 9, 2017 |access-date=December 15, 2025}}</ref> Ballmer became Microsoft's 30th employee and its first business manager. When Microsoft incorporated in 1981, Ballmer received 8% ownership. | ||
=== CEO tenure (2000-2014) === | === CEO tenure (2000-2014) === | ||
==== | On January 13, 2000, Gates announced he would step down as CEO with Ballmer succeeding him.<ref>{{cite news |title=Gates Steps Aside, Ballmer Becomes CEO |url=https://www.cnet.com/news/gates-to-step-aside-ballmer-becomes-ceo/ |newspaper=CNET |date=January 13, 2000 |access-date=December 15, 2025}}</ref> | ||
Ballmer's 14-year CEO tenure delivered strong financial results | Ballmer's 14-year CEO tenure delivered strong financial results. Microsoft's annual revenue more than tripled from $25 billion to over $70 billion.<ref>{{cite news |title=Microsoft Revenue Under Ballmer |url=https://www.statista.com/statistics/267805/microsofts-global-revenue-since-2002/ |publisher=Statista |access-date=December 15, 2025}}</ref> However, Microsoft's stock price stagnated during Ballmer's tenure. | ||
==== Mobile strategy failure ==== | |||
Ballmer infamously dismissed Apple's iPhone in 2007, stating: "There's no chance that the iPhone is going to get any significant market share."<ref>{{cite news |title=Ballmer Laughs at the iPhone |url=https://www.youtube.com/watch?v=eywi0h_Y5_U |publisher=YouTube |date=January 17, 2007 |access-date=December 15, 2025}}</ref> The iPhone and [[Android]] proceeded to capture over 95% of the smartphone market, leaving Windows Phone with less than 3% market share.<ref>{{cite news |title=Windows Phone Market Share Collapse |url=https://www.theverge.com/2017/7/11/15952626/microsoft-windows-phone-dead-support-ends |newspaper=The Verge |date=July 11, 2017 |access-date=December 15, 2025}}</ref> | |||
The iPhone and [[Android]] | |||
= | |||
== Retirement and LA Clippers == | == Retirement and LA Clippers == | ||
On August 23, 2013, Ballmer announced he would retire as Microsoft CEO within 12 months. | On August 23, 2013, Ballmer announced he would retire as Microsoft CEO within 12 months.<ref>{{cite news |title=Steve Ballmer to Retire from Microsoft |url=https://www.bbc.com/news/business-23815258 |newspaper=BBC News |date=August 23, 2013 |access-date=December 15, 2025}}</ref> Microsoft's stock price rose 7% on news of his impending departure.<ref>{{cite news |title=Microsoft Stock Rises on Ballmer Exit |url=https://www.wsj.com/articles/SB10001424127887324906304579037222896098396 |newspaper=The Wall Street Journal |date=August 23, 2013 |access-date=December 15, 2025}}</ref> | ||
On February 4, 2014, Microsoft announced [[Satya Nadella]] would succeed Ballmer as CEO. | On February 4, 2014, Microsoft announced [[Satya Nadella]] would succeed Ballmer as CEO.<ref>{{cite news |title=Satya Nadella Named Microsoft CEO |url=https://www.nytimes.com/2014/02/05/technology/satya-nadella-is-named-new-chief-of-microsoft.html |newspaper=The New York Times |date=February 4, 2014 |access-date=December 15, 2025}}</ref> | ||
=== LA Clippers purchase === | === LA Clippers purchase === | ||
On | On August 12, 2014, Ballmer completed his purchase of the Clippers for approximately $2 billion following owner Donald Sterling's ban for racist comments.<ref>{{cite news |title=Steve Ballmer Completes Clippers Purchase |url=https://www.nba.com/news/steve-ballmer-officially-closes-sale-los-angeles-clippers |newspaper=NBA.com |date=August 12, 2014 |access-date=December 15, 2025}}</ref> | ||
In December 2020, readers of ''The Athletic'' voted Ballmer the best owner in the NBA.<ref>{{cite news |title=Steve Ballmer Voted Best NBA Owner |url=https://theathletic.com/2272313/2020/12/23/nba-owners-ranking/ |newspaper=The Athletic |date=December 23, 2020 |access-date=December 15, 2025}}</ref> | |||
In | In 2024, Ballmer opened the [[Intuit Dome]], a new $2 billion privately-financed arena for the Clippers.<ref>{{cite news |title=Intuit Dome Opens |url=https://www.espn.com/nba/story/_/id/41066082/la-clippers-intuit-dome-game-ready-guide |newspaper=ESPN |date=August 2024 |access-date=December 15, 2025}}</ref> | ||
== | |||
== | |||
== Philanthropy == | == Philanthropy == | ||
Ballmer co-founded the [[Ballmer Group]] with his wife Connie in 2015, committing over $2 billion to economic mobility initiatives.<ref>{{cite news |title=Steve and Connie Ballmer's Giving |url=https://www.philanthropy.com/article/the-ballmers-are-giving-away-2-billion-their-way |newspaper=The Chronicle of Philanthropy |date=October 15, 2018 |access-date=December 15, 2025}}</ref> | |||
He also created [[USAFacts]], a non-partisan government data transparency organization.<ref>{{cite web |title=About USAFacts |url=https://usafacts.org/about/ |publisher=USAFacts |access-date=December 15, 2025}}</ref> | |||
== Personal life == | |||
== | |||
Ballmer married Connie Snyder in 1990. They have three sons: Sam, Aaron, and Peter. The family resides primarily in Hunts Point, Washington.<ref>{{cite news |title=Steve Ballmer's Personal Life |url=https://www.businessinsider.com/steve-ballmer-net-worth-house-clippers-family-2019-2 |newspaper=Business Insider |date=February 2019 |access-date=December 15, 2025}}</ref> | |||
== See also == | == See also == | ||
* [[Microsoft]] | * [[Microsoft Corporation]] | ||
* [[Bill Gates]] | * [[Bill Gates]] | ||
* [[Satya Nadella]] | * [[Satya Nadella]] | ||
* [[Los Angeles Clippers]] | * [[Los Angeles Clippers]] | ||
== References == | == References == | ||
{{reflist}} | |||
== External links == | == External links == | ||
* [https://www.ballmergroup.org Ballmer Group | * [https://www.ballmergroup.org Ballmer Group] | ||
* [https://usafacts.org USAFacts | * [https://usafacts.org USAFacts] | ||
{{Authority control}} | {{Authority control}} | ||
| Line 176: | Line 110: | ||
[[Category:Living people]] | [[Category:Living people]] | ||
[[Category:American billionaires]] | [[Category:American billionaires]] | ||
[[Category:American technology chief executives]] | |||
[[Category:Businesspeople from Detroit]] | |||
[[Category:Harvard College alumni]] | |||
[[Category:Microsoft employees]] | [[Category:Microsoft employees]] | ||
[[Category:Los Angeles Clippers owners]] | [[Category:Los Angeles Clippers owners]] | ||
[[Category: | [[Category:National Basketball Association owners]] | ||
[[Category:American philanthropists]] | [[Category:American philanthropists]] | ||
[[Category:Chief executive officers]] | [[Category:Chief executive officers]] | ||
Latest revision as of 07:54, 22 December 2025
| Personal details | |
| Born | Steven Anthony Ballmer 1956/3/24 (age 70) 🇺🇸 Detroit, Michigan, United States |
| Nationality | 🇺🇸 American |
| Citizenship | 🇺🇸 United States |
| Residence | 🇺🇸 Hunts Point, Washington, United States |
| Languages | 🇺🇸 English |
| Education | Harvard University (AB) Stanford Graduate School of Business (dropped out) |
| Spouse | Connie Snyder (m. 1990) |
| Children | 3 (Sam, Aaron, Peter) |
| Parents | Frederic Henry Ballmer (father) Beatrice Dworkin (mother) |
| Career details | |
| Occupation | Business magnate, investor, sports team owner |
| Years active | 1980-present |
| Employer | Microsoft (former CEO) Los Angeles Clippers (owner) |
| Title | Former CEO of Microsoft Owner of Los Angeles Clippers |
| Term | Microsoft CEO: 2000-2014 |
| Predecessor | Bill Gates (as CEO) |
| Compensation | N/A (retired) |
| Net worth | Template:Increase US$128 billion (December 2025, Forbes) |
| Board member of | Microsoft (former) |
| Awards | NBA Championship owner (2025 hoped) Time 100 Most Influential People |
| Website | usafacts.org |
Steven Anthony Ballmer (born March 24, 1956) is an American businessman and investor who served as chief executive officer of Microsoft Corporation from 2000 to 2014, succeeding company co-founder Bill Gates.[1] As of March 2025, Ballmer's net worth exceeds $136 billion, making him approximately the tenth-richest person in the world.[2] In August 2014, he purchased the Los Angeles Clippers of the National Basketball Association for $2 billion, setting a then-record for North American sports franchise acquisitions.[3]
Ballmer joined Microsoft on June 11, 1980, as its 30th employee and first business manager, hired by his Harvard classmate Bill Gates.[4] Over his 34-year Microsoft career, Ballmer rose from business manager to president (1998) to CEO (2000-2014), during which Microsoft's annual revenue tripled from $25 billion to $70 billion.[5] However, his tenure as CEO was marked by criticism for missing critical technology shifts including smartphones, tablets, and cloud computing.
Ballmer became internet-famous for his energetic, sometimes manic stage presence at Microsoft events, particularly his viral "Developers, developers, developers!" chant from a 2000 conference.[6] His dismissive 2007 prediction that the iPhone would never gain significant market share has been repeatedly cited as one of technology's worst forecasts.[7]
Since retiring from Microsoft, Ballmer has focused on the Clippers, where he has invested over $2 billion in the Intuit Dome arena, and on philanthropy through the Ballmer Group.[8]
Early life and education
Steven Anthony Ballmer was born on March 24, 1956, in Detroit, Michigan, to Beatrice Dworkin and Frederic Henry Ballmer. His father was a Swiss immigrant who worked as a manager at Ford Motor Company.[9]
Ballmer attended Detroit Country Day School, where he was a National Merit Scholar and graduated as valedictorian with a perfect 800 score on the mathematics section of the SAT examination.[10]
In 1973, Ballmer enrolled at Harvard University. At Harvard, he lived down the hall from Bill Gates in Currier House and managed the Harvard Crimson football team.[11]
Ballmer graduated magna cum laude from Harvard in 1977 with a Bachelor of Arts in applied mathematics and economics. He worked briefly at Procter & Gamble before enrolling in the MBA program at Stanford Graduate School of Business.[12]
Microsoft career
Joining Microsoft (1980)
In 1980, Ballmer dropped out of Stanford's MBA program after Bill Gates convinced him to join Microsoft.[13] Ballmer became Microsoft's 30th employee and its first business manager. When Microsoft incorporated in 1981, Ballmer received 8% ownership.
CEO tenure (2000-2014)
On January 13, 2000, Gates announced he would step down as CEO with Ballmer succeeding him.[14]
Ballmer's 14-year CEO tenure delivered strong financial results. Microsoft's annual revenue more than tripled from $25 billion to over $70 billion.[15] However, Microsoft's stock price stagnated during Ballmer's tenure.
Mobile strategy failure
Ballmer infamously dismissed Apple's iPhone in 2007, stating: "There's no chance that the iPhone is going to get any significant market share."[16] The iPhone and Android proceeded to capture over 95% of the smartphone market, leaving Windows Phone with less than 3% market share.[17]
Retirement and LA Clippers
On August 23, 2013, Ballmer announced he would retire as Microsoft CEO within 12 months.[18] Microsoft's stock price rose 7% on news of his impending departure.[19]
On February 4, 2014, Microsoft announced Satya Nadella would succeed Ballmer as CEO.[20]
LA Clippers purchase
On August 12, 2014, Ballmer completed his purchase of the Clippers for approximately $2 billion following owner Donald Sterling's ban for racist comments.[21]
In December 2020, readers of The Athletic voted Ballmer the best owner in the NBA.[22]
In 2024, Ballmer opened the Intuit Dome, a new $2 billion privately-financed arena for the Clippers.[23]
Philanthropy
Ballmer co-founded the Ballmer Group with his wife Connie in 2015, committing over $2 billion to economic mobility initiatives.[24]
He also created USAFacts, a non-partisan government data transparency organization.[25]
Personal life
Ballmer married Connie Snyder in 1990. They have three sons: Sam, Aaron, and Peter. The family resides primarily in Hunts Point, Washington.[26]
See also
References
- ↑ <ref>"Steve Ballmer Named Microsoft CEO".{Template:Newspaper.January 14, 2000.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Forbes Profile".Forbes.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Buys LA Clippers for $2 Billion".{Template:Newspaper.August 12, 2014.Retrieved December 15, 2025.</ref>
- ↑ <ref>"How Steve Ballmer Joined Microsoft".{Template:Newspaper.February 2014.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer's Legacy at Microsoft".{Template:Newspaper.August 23, 2013.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer's Famous Developers Speech".{Template:Newspaper.August 23, 2013.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer's Worst Prediction".{Template:Newspaper.January 2015.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Intuit Dome: Inside Steve Ballmer's $2 Billion Arena".{Template:Newspaper.August 29, 2022.Retrieved December 15, 2025.</ref>
- ↑ <ref>Bad Boy Ballmer.William Morrow.ISBN 978-0060011789.</ref>
- ↑ <ref>"Steve Ballmer: From Detroit to Microsoft".{Template:Newspaper.August 24, 2014.Retrieved December 15, 2025.</ref>
- ↑ <ref>"How Bill Gates Met Steve Ballmer at Harvard".{Template:Newspaper.May 2015.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Biography".Encyclopædia Britannica.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Dropped Out of Stanford to Join Microsoft".{Template:Newspaper.May 9, 2017.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Gates Steps Aside, Ballmer Becomes CEO".{Template:Newspaper.January 13, 2000.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Microsoft Revenue Under Ballmer".{Template:Newspaper.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Ballmer Laughs at the iPhone".{Template:Newspaper.January 17, 2007.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Windows Phone Market Share Collapse".{Template:Newspaper.July 11, 2017.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer to Retire from Microsoft".{Template:Newspaper.August 23, 2013.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Microsoft Stock Rises on Ballmer Exit".{Template:Newspaper.August 23, 2013.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Satya Nadella Named Microsoft CEO".{Template:Newspaper.February 4, 2014.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Completes Clippers Purchase".{Template:Newspaper.August 12, 2014.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer Voted Best NBA Owner".{Template:Newspaper.December 23, 2020.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Intuit Dome Opens".{Template:Newspaper.August 2024.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve and Connie Ballmer's Giving".{Template:Newspaper.October 15, 2018.Retrieved December 15, 2025.</ref>
- ↑ <ref>"About USAFacts".USAFacts.Retrieved December 15, 2025.</ref>
- ↑ <ref>"Steve Ballmer's Personal Life".{Template:Newspaper.February 2019.Retrieved December 15, 2025.</ref>