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Bill Gates
William Henry Gates III
(born October 28, 1955) is a co-founder of the Microsoft Corporation and is an American business magnate, investor, author and philanthropist. Gates
is one of the best-known entrepreneurs of the personal computer revolution. He has been criticized for his business
tactics, which have been
considered anti-competitive.
Since 1987, Gates has been included in the Forbes list of the world's
wealthiest people.
Childhood & Early Life
· Gates was born in Seattle, Washington on October 28, 1955. He is the son of William H. Gates Sr. and Mary Maxwell Gates.
· His father was a prominent lawyer,
and his mother served on the board of directors for First Interstate BancSystem and the United Way.
· He is the fourth of his name in his
family, but is known as William Gates III or "Trey" because his
father had the "II" suffix.
· Early on in his life, Gates' parents
had a law career in mind for him.[18] When
Gates was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Reformed
denomination.
· At 13, he enrolled in the Lakeside School, a
private preparatory school.
· When he was in the eighth grade, the
Mothers' Club at the school used proceeds from Lakeside School's rummage sale to buy a Teletype Model 33 ASR
terminal and a block of computer time on a General Electric (GE)
computer for the school's students.
· Gates took an interest in programming
the GE system in BASIC, and was excused from math classes
to pursue his interest.
· He wrote his first computer program
on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer.
Career and Development
· Gates was fascinated by the machine
and how it would always execute software code perfectly. When he reflected back
on that moment, he said, "There was just something neat about the
machine."
· After Gates read the January 1975
issue of Popular Electronics, which demonstrated the Altair 8800, he
contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new
microcomputer, to inform them that he and others were working on a BASIC
interpreter for the platform.
· The demonstration, held at MITS's
offices in Albuquerque, was a success and resulted in a
deal with MITS to distribute the interpreter as Altair BASIC. Paul
Allen was hired into MITS,[44] and Gates
took a leave of absence from Harvard to work with Allen at MITS in Albuquerque
in November 1975.
· They named their partnership
"Micro-Soft" and had their first office located in Albuquerque.[44] Within a
year, the hyphen was dropped, and on November 26, 1976, the trade name
"Microsoft" was registered with the Office of the Secretary of the State of New Mexico. Gates
never returned to Harvard to complete his studies.
· During Microsoft's early years, all
employees had broad responsibility for the company's business. Gates oversaw
the business details, but continued to write code as well. In the first five
years, Gates personally reviewed every line of code the company shipped, and
often rewrote parts of it as he saw fit.
· IBM
approached Microsoft in July 1980 in reference to an operating system for its
upcoming personal computer, the IBM PC.
· Gates oversaw Microsoft's company
restructuring on June 25, 1981, which re-incorporated the company in Washington
state and made Gates the president of Microsoft and its board chairman.
· Microsoft launched its first retail
version of Microsoft Windows on
November 20, 1985.
· In August of the following year, the
company struck a deal with IBM to
develop a separate operating system called OS/2.
· From Microsoft's founding in 1975 until 2006, Gates had primary
responsibility for the company's product strategy.
· Gates was an executive who met regularly with Microsoft's senior
managers and program managers.
· In firsthand accounts of these meetings, the managers described him
being verbally combative. He also berated managers for perceived holes in their
business strategies or proposals that placed the company's long-term interests
at risk.
· During Microsoft's early history, Gates was an active software
developer, particularly in the company's programming language products, but his basic role in most of the company's history was
primarily as a manager and executive.
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Major Works
· On June 15, 2006, Gates announced
that over the next two years he would transition out of his day-to-day role to
dedicate more time to philanthropy. He divided his responsibilities between two
successors when he placed Ray Ozzie in charge
of day-to-day management and Craig Mundie in charge
of long-term product strategy.
· He donated large amounts of money to
various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, which was established in 2000.
· 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.
· On April 29, 2017, Bill Gates
partnered with Swiss tennis legend Roger Federer in
playing a noncompetitive tennis match to a packed house at Key Arena in
Seattle. The event was in support of Roger Federer Foundation's charity efforts in Africa. Federer
and Gates played against John Isner and Pearl Jam lead
guitarist Mike McReady. Gates and Federer won the game 6–4.
Awards & Achievements
· In 1987, Gates was listed as a
billionaire in Forbes magazine's 400 Richest People in America issue, just days
before his 32nd birthday..
· As the world's youngest self-made billionaire, he was worth
$1.25 billion, over $900 million more than he'd been worth the year
before, when he'd debuted on the list.
· 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.
· In 1994, he was honored as the
twentieth Distinguished Fellow of the British Computer Society.
· In 1999, Gates received New York Institute of Technology's President's Medal.
· Gates has received honorary
doctorates from Nyenrode Business Universiteit, Breukelen, The
Netherlands, in 2000; the Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda University, Tokyo,
Japan, in 2005; Tsinghua University, Beijing, China, in April 2007;
Harvard University in June 2007; the Karolinska Institute, Stockholm, in 2007, and Cambridge University
in June 2009. He was also made an honorary trustee of Peking University in 2007.
· Gates was made an Honorary Knight Commander of the Order
of the British Empire (KBE) by Queen Elizabeth II in 2005.
· In November 2006, he was awarded the Placard of the Order of the
Aztec Eagle, together
with his wife Melinda who was awarded the Insignia of the same order, both for
their philanthropic work around the world in the areas of health and education,
particularly in Mexico, and specifically in the program "Un país de
lectores".
· Gates received the 2010 Bower Award for Business Leadership from The Franklin Institute for his achievements at Microsoft
and his philanthropic work.
· Also in 2010, he was honored with the
Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for
his service to youth.
· In 2002, Bill and Melinda Gates
received the Jefferson Award for
Greatest Public Service Benefiting the Disadvantaged.
· In 2006, Gates received the James C.
Morgan Global Humanitarian Award from The Tech Awards.
· In 2015, Gates, along with his wife
Melinda, received the Padma Bhushan, India's
third-highest civilian award for their social work in the country.
· In 2016, President Barack Obama honored
Gates and his wife Melinda with the Presidential Medal of Freedom for their philanthropic efforts.
· In 2017, President François Hollande awarded Bill and Melinda with the
France's highest national award – Legion of Honour in Paris
for their charity efforts.
Personal Life & Legacy
· Gates married Melinda French on a golf
course on the Hawaiian island of Lanai on January 1, 1994; he was 38 and she was 29.
· According to 2007 King County public records, the total assessed
value of the property (land and house) is $125 million, and the annual
property taxes are $991,000. The 66,000 sq ft (6,100 m2) estate
has a 60-foot (18 m) swimming pool with an underwater music system, as
well as a 2,500 sq ft (230 m2) gym and a 1,000 sq ft
(93 m2) dining room.
· Despite his wealth and extensive
business travel, Gates usually flew coach in commercial aircraft until 1997, when he bought a private
jet.
· Gates has several investments outside
Microsoft, which in 2006 paid him a salary of $616,667 and $350,000 bonus
totalling $966,667.
· In a BBC
interview, Gates claimed "I've paid more tax than any individual ever, and
gladly so... I've paid over $6 billion in taxes."[93] He is a
proponent of higher taxes, particularly for the rich.
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