Entrepreneur and businessman Bill Gates (born October 28, 1955) and his partner Paul Allen founded and built the world's largest software business, Microsoft, through technological innovation, keen business strategy and aggressive business tactics. In the process, Gates became one of the richest men in the world.
Born | William Henry Gates III October 28, 1955 Seattle, Washington, U.S. |
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Residence | Medina, Washington, U.S. |
Nationality | American |
Occupation | Technology entrepreneur and investor; philanthropist |
Years active | 1968–present |
Net worth | US$97.9 billion[1] (September 2018) |
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Board member of |
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Spouse(s) |
Melinda French (m. 1994)
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Children | 3 |
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Bill Gates founded Microsoft in 1976 when he formed a contract with MITS (Micro Instrumentation and Telemetry Systems) to develop a basic operating system for their new microcomputers. In the early days, Bill Gates would review every line of code. He was also involved in several aspects of Microsoft’s business such as packing and sending off orders.
The big break for Microsoft came in 1980 when IBM approached them for a new BASIC operating system for its new computers. In the early 1980s, IBM was by far the leading PC manufacturer. However, increasingly, there developed many IBM PC clones; (PCs produced by other companies compatible with IBM’s). Microsoft worked hard to sell its operating system to these other companies. Thus Microsoft was able to gain the dominant position of software manufacture just as the personal computer market started to boom. Since its early dominance, other companies have struggled to displace Microsoft as the dominant provider of computer operating software. Programs like Microsoft Word and Excel have become the industry standard.
In 1990 Microsoft released its first version of Windows. This was a breakthrough in operating software as it replaced text interfaces with graphical interfaces. It soon became a best seller and was able to capture the majority of the operating system market share. In 1995 Windows 95 was released, setting new standards and features for operating systems.
In recent years he has retired from working full time at Microsoft, and has instead concentrated on working with his charitable foundation “The Bill and Melinda Gates Foundation.”
2000
Bill and Melinda officially
established the foundation. They also announced the first round of Gates Millennium Scholars, part of a $1 billion effort to help 20,000 young people afford college over the next two decades.
2002
The foundation completed efforts to help install 47,000 computers in 11,000 libraries in all 50 states. Ninety-five percent of libraries have computers with Internet access, up from 27 percent in 1996.
2006
Warren Buffett pledged the bulk of his wealth to the foundation.
Bill helped launch TerraPower, a company that aims to provide the world with a more affordable, secure, and environmentally friendly form of nuclear energy
2010
Bill and Melinda challenged the global health community to declare this the Decade of Vaccines. They pledged $10 billion over the next 10 years to help research, develop, and deliver vaccines for the world’s poorest countries
Melinda, Warren Buffett, and Bill launched the Giving Pledge, a commitment by the world’s wealthiest people to dedicate most of their wealth to philanthropy.
2013
Bill helped launch a $5.5 billion effort to eradicate polio by 2018. India was certified polio-free by the World Health Organization, leaving only three countries that have never been free of the disease.
2014
Bill tried his hand at making a viral video with Jimmy Fallon. This has nothing to do with catalytic philanthropy–he just thought you might enjoy it.
A Message From Bill
I feel very lucky to get to connect with so many extraordinary people. Whenever I have the chance, I set aside a few minutes to share what I’m learning here on the Gates Notes. Thanks for reading.
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