Xbox CEO Asha Sharma's net worth: Inside the estimated $59 million fortune of Microsoft's gaming chief

Xbox Chief Executive Officer Asha Sharma’s estimated net worth is $59 million, based on Benzinga’s analysis of her reported equity holdings in publicly traded companies including AppLovin, Maplebear (Instacart), Porch Group and Coupang. The estimate reflects the wealth she accumulated during her time heading companies in the technology industry prior to taking the helm of Microsoft’s gaming business in February 2026.Sharma was appointed Executive Vice President and CEO of Xbox in February 2026, succeeding Phil Spencer following his retirement from Microsoft. Before taking over the gaming division, she served as President of Microsoft's CoreAI Product organisation, overseeing AI models, developer tools, applications and responsible AI initiatives.Prior to returning to Microsoft in 2024, Sharma was Chief Operating Officer at Instacart, where she helped lead the company through its initial public offering and profitability efforts. Earlier, she held senior leadership roles at Meta, overseeing products across Messenger and Instagram Direct, and previously served as Chief Operating Officer at Porch Group. She began her career at SC Johnson before joining Microsoft in a marketing role in 2011.Born in Racine, Wisconsin, Sharma earned a bachelor's degree in business from the Carlson School of Management at the University of Minnesota. She also serves on the boards of Coupang and Home Depot.Also read: Microsoft resets Xbox with 3,200 job cuts, studio divestments as gaming business undergoes overhaulSharma's appointment drew attention because she had no prior professional experience in the video game industry before being named Xbox CEO. Her background was primarily in artificial intelligence, consumer technology and digital platforms, and her appointment came ahead of expectations that Xbox President Sarah Bond could succeed Spencer.After some members of the gaming community questioned her recently created Xbox gamertag, Sharma said she had started playing games to better understand the business and its users.Sharma took charge of Xbox as Microsoft began restructuring its gaming operations. The company recently announced plans to eliminate around 3,200 jobs across its Xbox division over the next year and divest several game development studios as part of efforts to improve profitability and streamline operations. The restructuring follows Microsoft's $69 billion acquisition of Activision Blizzard in 2023 and a broader review of its gaming business.