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Bill Gates

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William Henry Gates III (born October 28, 1955) is an American business magnate, software developer, and philanthropist. He is best known as the co-founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is one of the best-known entrepreneurs and pioneers of the microcomputer revolution of the 1970s and 1980s. Born and raised in Seattle, Washington, Gates co-founded Microsoft with childhood friend Paul Allen in 1975, in Albuquerque, New Mexico; it went on to become the world's largest personal computer software company.a Gates led the company as chairman and CEO until stepping down as CEO in January 2000, but he remained chairman and became chief software architect. During the late 1990s, he had been criticized for his business tactics, which have been considered anti-competitive. This opinio

Early life

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Gates was born in Seattle, Washington, on October 28, 1955. He is the son of William H. Gates Sr.c (1925–2020) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, and Irish/Scots-Irish. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way of America. Gates's maternal grandfather was J. W. Maxwell, a national bank president. Gates has an older sister Kristi (Kristianne) and a younger sister Libby. He is the fourth of his name in his family but is known as William Gates III or "Trey" (i.e., three) because his father had the "II" suffix. The family lived in the Sand Point area of Seattle in a home that was damaged by a rare tornado when Gates was seven years old. Early in his life, Gates observed that his parents wanted him to pursue a law career. When he was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Refo

Microsoft

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BASIC Gates read the January 1975 issue of Popular Electronics which demonstrated the Altair 8800, and he contacted Micro Instrumentation and Telemetry Systems (MITS) to inform them that he and others were working on a BASIC interpreter for the platform. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for a demonstration, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration was held at MITS's offices in Albuquerque, New Mexico; it was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. MITS hired Allen, and Gates took a leave of absence from Harvard to work with him at MITS in November 1975. Allen named their partnership "Micro-Soft", a combination of "microcomputer" and "software", and their

Post-Microsoft

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Since leaving day-to-day operations at Microsoft, Gates has continued his philanthropy and works on other projects. According to the Bloomberg Billionaires Index, Gates was the world's highest-earning billionaire in 2013, as his net worth increased by US$15.8 billion to US$78.5 billion. As of January 2014update, most of Gates's assets are held in Cascade Investment LLC, an entity through which he owns stakes in numerous businesses, including Four Seasons Hotels and Resorts, and Corbis Corp. On February 4, 2014, Gates stepped down as chairman of Microsoft to become "technology advisor" alongside CEO Satya Nadella. Gates provided his perspective on a range of issues in a substantial interview that was published in the March 27, 2014 issue of Rolling Stone magazine. In the interview, Gates provided his perspective on climate change, his charitable activities, various tech companies and people involved in them, and the state of America. In response to a question about hi

Philanthropy

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Bill and Melinda Gates Foundation Gates studied the work of Andrew Carnegie and John D. Rockefeller, and donated some of his Microsoft stock in 1994 to create the "William H. Gates Foundation." In 2000, Gates and his wife combined three family foundations and Gates donated stock valued at $5 billion to create the charitable Bill & Melinda Gates Foundation, which was identified by the Funds for NGOs company in 2013, as the world's wealthiest charitable foundation, with assets reportedly valued at more than $34.6 billion. The foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. Gates, through his foundation, also donated $20 million to Carnegie Mellon University for a new building to be named Gates Center for Computer Science which opened in 2009. Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence. Gates and

Recognition

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In 1987, Gates was listed as a billionaire in Forbes magazine's 400 Richest People in America issue. He was worth $1.25 billion and was the world's youngest self-made billionaire. Since 1987, Gates has been included in the Forbes The World's Billionaires list and was the wealthiest from 1995 to 1996, 1998 to 2007, 2009, and has been since 2014. Gates was number one on the Forbes 400 list from 1993 through to 2007, 2009, and 2014 through 2017. Time magazine named Gates one of the 100 people who most influenced the 20th century, as well as one of the 100 most influential people of 2004, 2005, and 2006. Time also collectively named Gates, his wife Melinda and U2's lead singer Bono as the 2005 Persons of the Year for their humanitarian efforts. In 2006, he was voted eighth in the list of "Heroes of our time". Gates was listed in the Sunday Times power list in 1999, named CEO of the year by Chief Executive Officers magazine in 1994, ranked number one in th

Personal life

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Gates married Melinda French on a golf course on the Hawaiian island of Lanai on January 1, 1994. They have three children. The family's residence is an earth-sheltered mansion in the side of a hill overlooking Lake Washington in Medina, Washington. In 2009, property taxes on the mansion were reported to be US$1.063 million, on a total assessed value of US$147.5 million. The 66,000-square-foot (6,100 m2) estate has a 60-foot (18 m) swimming pool with an underwater music system, as well as a 2,500-square-foot (230 m2) gym and a 1,000-square-foot (93 m2) dining room. In an interview with Rolling Stone , Gates stated in regard to his faith: "The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in. I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's kind of a religious belief. I mean, it's

In media

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Books Gates has written three books: The Road Ahead , written with Microsoft executive Nathan Myhrvold and journalist Peter Rinearson, was published in November 1995. It summarized the implications of the personal computing revolution and described a future profoundly changed by the arrival of a global information superhighway. Business @ the Speed of Thought was published in 1999, and discusses how business and technology are integrated, and shows how digital infrastructures and information networks can help to get an edge on the competition. How to Avoid a Climate Disaster, to be published in 2021, Gates shares what he has learned in over a decade of studying climate change and investing in innovations to address climate problems. Video game DONKEY.BAS, is a computer game written in 1981 and included with early versions of the PC DOS operating system distributed with the original IBM PC. It is a driving game in which the player must avoid hitting donkeys. The game was written by

Notes

References

Sources

Fridson, Martin (2001). How to Be a Billionaire: Proven Strategies from the Titans of Wealth . John Wiley & Sons. ISBN  0-471-41617-7 . Gates, Bill (1996). The Road Ahead . Penguin Books. ISBN  0-14-026040-4 . Lesinski, Jeanne M. (2006). Bill Gates (biography). A&E Television Networks. ISBN  0-8225-7027-0 . Manes, Stephen (1994). Gates: How Microsoft's Mogul Reinvented an Industry and Made Himself The Richest Man in America . Touchstone Pictures. ISBN  0-671-88074-8 . Wallace, James (1993). Hard Drive: Bill Gates and the Making of the Microsoft Empire . New York City: HarperCollins Publishers. ISBN  0-471-56886-4 .

Personal life

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Gates married Melinda French on a golf course on the Hawaiian island of Lanai on January 1, 1994. They have three children. The family's residence is an earth-sheltered mansion in the side of a hill overlooking Lake Washington in Medina, Washington. In 2009, property taxes on the mansion were reported to be US$1.063 million, on a total assessed value of US$147.5 million. The 66,000-square-foot (6,100 m2) estate has a 60-foot (18 m) swimming pool with an underwater music system, as well as a 2,500-square-foot (230 m2) gym and a 1,000-square-foot (93 m2) dining room. In an interview with Rolling Stone , Gates stated in regard to his faith: "The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in. I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's kind of a religious belief. I mean, it's

In media

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Books Gates has written three books: The Road Ahead , written with Microsoft executive Nathan Myhrvold and journalist Peter Rinearson, was published in November 1995. It summarized the implications of the personal computing revolution and described a future profoundly changed by the arrival of a global information superhighway. Business @ the Speed of Thought was published in 1999, and discusses how business and technology are integrated, and shows how digital infrastructures and information networks can help to get an edge on the competition. How to Avoid a Climate Disaster, to be published in 2021, Gates shares what he has learned in over a decade of studying climate change and investing in innovations to address climate problems. Video game DONKEY.BAS, is a computer game written in 1981 and included with early versions of the PC DOS operating system distributed with the original IBM PC. It is a driving game in which the player must avoid hitting donkeys. The game was written by

Notes

References

Sources

Fridson, Martin (2001). How to Be a Billionaire: Proven Strategies from the Titans of Wealth . John Wiley & Sons. ISBN  0-471-41617-7 . CS1 maint: ref=harv (link) Gates, Bill (1996). The Road Ahead . Penguin Books. ISBN  0-14-026040-4 . CS1 maint: ref=harv (link) Lesinski, Jeanne M. (2006). Bill Gates (biography). A&E Television Networks. ISBN  0-8225-7027-0 . CS1 maint: ref=harv (link) Manes, Stephen (1994). Gates: How Microsoft's Mogul Reinvented an Industry and Made Himself The Richest Man in America . Touchstone Pictures. ISBN  0-671-88074-8 . CS1 maint: ref=harv (link) Wallace, James (1993). Hard Drive: Bill Gates and the Making of the Microsoft Empire . New York City: HarperCollins Publishers. ISBN  0-471-56886-4 . CS1 maint: ref=harv (link)