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. In 1975, Gates and Paul Allen launched Microsoft, which became the world's largest PC software company. During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014. Gates stepped down as chief executive officer of Microsoft in January 2000, but he remained as chairman and created the position of chief software architect for himself. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation. 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.

Childhood & Early Life

· Gates was born in Seattle, Washington on October 28, 1955. He is the son of William H. Gates Sr. (b. 1925) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, Irish, and 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. Gates' maternal grandfather was JW Maxwell, a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. 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. When Gates was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Reformed denomination. The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock ... there was always a reward for winning and there was always a penalty for losing".

· Gates was a National Merit Scholar when he graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the Scholastic Aptitude Tests (SAT) and enrolled at Harvard College in the autumn of 1973. He chose a pre-law major but took mathematics and graduate level computer science courses. While at Harvard, he met fellow student Steve Ballmer. Gates left Harvard after two years while Ballmer would stay and graduate magna cum laude. Years later, Ballmer succeeded Gates as Microsoft's CEO. He maintained that position from 2000 until his resignation from the company in 2014.

· In his second year, Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems presented in a combinatorics class by Harry Lewis, one of his professors. Gates' solution held the record as the fastest version for over thirty years; its successor is faster by only one percent. His solution was later formalized in a published paper in collaboration with Harvard computer scientist Christos Papadimitriou.

· While Gates was a student at Harvard, he did not have a definite study plan, and he spent a lot of time using the school's computers. Gates remained in contact with Paul Allen, and he joined him at Honeywell during the summer of 1974.

Career

· 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

· IBM approached Microsoft in July 1980 in reference to an operating system for its upcoming personal computer, the IBM PC. Big Blue first proposed that Microsoft write the BASIC interpreter. When IBM's representatives mentioned that they needed an operating system, Gates referred them to Digital Research (DRI), makers of the widely used CP/M operating system. IBM's discussions with Digital Research went poorly, and they did not reach a licensing agreement.

· 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. Although the two companies successfully developed the first version of the new system, the partnership deteriorated due to mounting creative differences.

Major Works

· 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 2014, most of Gates' 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 new CEO Satya Nadella.

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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. They have three children: Jennifer Katharine (b. 1996), Rory John (b. 1999), and Phoebe Adele (b. 2002). The family resides in a modern design mansion, which is an earth-sheltered house in the side of a hill overlooking Lake Washington in Medina near Seattle in Washington State, United States.

· In 1999, his wealth briefly surpassed $101 billion, which caused the media to call Gates a "centibillionaire". Despite his wealth and extensive business travel, Gates usually flew coach in commercial aircraft until 1997, when he bought a private jet.

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.

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Bill Gates

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