bill gates

Bill Gates :

Birth Details – October 28, 1955 | Seattle, United States

Nationality – American

League – Entrepreneur

Education – Harvard University (Drop out)

Net Worth- $106.4 billion (as of May 19, 2020)

BILL GATES’ ASSETS:

  • Microsoft
  • Bill & Melinda Gates Foundation
  • Branded Entertainment Network
  • TerraPower
  • ResearchGate
  • Gates Ventures

BILL GATES’ JOURNEY SO FAR …

  • Bill Gates first got to use a computer while attending Lakeside School in Seattle and was instantly hooked to it
  • While in school, he, along with some other students, created a software solution to computerise the school’s payroll system. A collaboration with fellow student Paul Allen resulted in a traffic- counting system — Traf-O-Data — which earned them $20,000
  • Gates enrolled into Harvard University in 1973 but dropped out in his junior year to follow his entrepreneurial calling, along with Allen
  • In 1975, the duo developed a software for the first microcomputer — Altair 8800 — and ‘Micro-Soft’ was formed with its office in Albuquerque, New Mexico
  • The company was officially renamed Microsoft the following year
  • Business grew, and now, their clients included start-ups such as ‘Apple’
  • They moved the company to Seattle in 1979 and it was there that Microsoft earned high praise
  • During that time, IBM was looking for an operating system (OS) for their personal computer — IBM PC — and Gates presented them the solution with MS-DOS
  • The PC released in 1981 and soon the market was exploding with several manufacturers doing a copy
  • Though built for IBM, Microsoft still had the rights to sell their software to other PC manufacturers and so they did
  • Most of the manufacturers adopted MS-DOS for their systems, and, in 1981, their sales more than doubled in comparison to the previous year
  • Windows 1.0 was launched in 1985 following the release of Apple’s Macintosh PC
  • Microsoft went public in 1986, making Gates one of the richest persons in the country
  • The following year, at the age of 31, he became the world’s youngest billionaire — a title which he held on to until Mark Zuckerberg came into the picture
  • By the mid-90s, Windows had become the standard operating system for most of the PCs running on the planet and the riches continued to follow
  • Soon, they began rolling out other utility and enterprise software, and in 1995, Bill Gates became the richest person in the world
  • Gates stepped down as the CEO of Microsoft in 2000
  • The same year, he along with his wife, Melinda, established the Bill & Melinda Gates Foundation
  • He left his daily job at Microsoft in 2008 while still retaining his position as chairman of the board
  • In 2010, the couple launched the Giving Pledge along with Warren Buffet to encourage the wealthiest people of the world to commit most of their wealth to philanthropic causes
  • In 2014, he relinquished his designation as chairman and assumed the role of technical advisor to support the newly- appointed CEO Satya Nadella
  • He finally resigned from the public boards of both Microsoft and Berkshire Hathaway in March 2020
  • Till date, he has donated around $35 billion worth of his Microsoft stocks to the Bill & Melinda Gates Foundation
  • Currently, he holds around 1.3% shares of Microsoft and is one of the richest persons in the world

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