Bill Gates is an American entrepreneur, business magnate, software developer, investor, and philanthropist.
Bill Gates founded the world’s largest software business, Microsoft, with Paul Allen, and subsequently became one of the richest men in the world.
- Born: 28 October 1955 (age 64 years), Seattle, Washington, United States
- Full name: William Henry Gates III
- Net worth: 104.8 billion USD (2020)
- Spouse: Melinda Gates (m. 1994)
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About Bill Gates
Gates was born on 28 October 1955 in Seattle, Washington, United States. He is the middle son of William H. Gates Sr., and Mary Mawell.
His father was a lawyer and his mother served on the board of directors for First Interstate BancSystem and the United Way of America.
He grew up in an upper-middle-class family with his older sister, Kristianne, and, young sister, Libby.
Gates was 13 when he wrote his first software program. At the age of 15 with his best friend Allen developed a computer program that monitored traffic patterns in Seattle. Which they sold it for $20,000.
In 1975, Gates and Allen formed Microsoft. The company’s first product was BASIC software that ran on the Altair computer.
Gates led Microsoft 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, Gates had been criticized for his business tactics, which have been considered anti-competitive.
This opinion has been upheld by numerous court rulings. In June 2006, Gates announced that he would be transitioning to a part-time role at Microsoft and full-time work at the Bill & Melinda Gates Foundation, the private charitable foundation that he and his wife, Melinda Gates, established in 2000.
He gradually transferred his duties to Ray Ozzie and Craig Mundie. He stepped down as chairman of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella.
Since 1987, he has been included in the Forbes list of the world’s wealthiest documented individuals.
From 1995 to 2017, he held the Forbes title of the richest person in the world all but four of those years.
In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of US$90.6 billion compared to Gates’ net worth of US$89.9 billion at the time.
As of November 9, 2019, Gates had an estimated net worth of US$107.1 billion, making him the second wealthiest person in the world, behind Bezos.
Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates pursued a number of philanthropic endeavours.
He donated large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world’s largest private charity.
In 2009, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.
The foundation works to save lives and improve global health, and is working with Rotary International to eliminate polio.