Bill Gates

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Bill Gates

Head and shoulders photo of Bill Gates
Gates in December 2020
Born
William Henry Gates III

(1955-10-28) October 28, 1955 (age 65)
OccupationBusiness magnate, investor, author, programmer, philanthropist, humanitarian
Known forPrincipal founder of Microsoft
Net worthUS$108.4 billion (December 2019)
Title
Board member of
Spouse(s)
Melinda French Gates
(m. 1994; div. 2021)
Children3
Parent(s)
Websitegatesnotes.com
Signature
Gates' signature

William Henry Gates III KBE (born October 28, 1955)[1] is an American businessman and the co-founder and chairman of Microsoft. He is the third-richest person in the world behind Jeff Bezos and Elon Musk in net worth as of January 2021.[2][3]

Early life[change | change source]

William Henry Gates III was born on October 28, 1955 at Swedish Medical Center in Seattle, Washington, U.S. [4] He has British and German ancestry. His father William H. Gates, Sr. was a lawyer. His mother Mary Maxwell Gates served on the board of directors for First Interstate BancSystem and the United Way. His parents wanted him to be a lawyer. At the age of 13, Bill went to Lakeside High School.[5]

College career and the Founding of Microsoft[change | change source]

He was a freshman at Harvard University in 1973. He left Harvard to make software. Bill Gates saw an opportunity to transform the personal computer, which was expensive and difficult to use. He decided that computers could be made less expensive and easier to use. Gates started Microsoft in 1975 with Paul Allen in the city of Albuquerque, New Mexico. Gates then went on to develop the Windows operating system, which at first wasn't well received but with time became the most used operating system in the world.[1]

Retirement, philanthropy and charity work[change | change source]

In 2006, Gates announced he was going to quit his job at Microsoft. This was so he could do more charity work with his wife, Melinda. Their charity is called the Bill and Melinda Gates Foundation. Gates' philanthropy projects have included vaccination of children in sub-Saharan Africa, scholarship programs in the United States, and a mission to help organize other billionaires to redistribute their wealth. He likes to give money and support to human rights, education and technological innovation.

Gates stepped down from his CEO position in Microsoft in 1998 and Steve Ballmer did the job instead.[6][7] On June 16, 2007, Microsoft said that Gates, the chairman of Microsoft, will come in on a day-to-day schedule to continue working with his charity organization full-time for the years to come. On 2014, Satya Nadella became the new CEO of Microsoft and Bill Gates came back as the Chief Technology Adviser.[8][9]

He was awarded an honorary knighthood by Queen Elizabeth II in 2005 for his services to philanthropy and charity.[10] As an American citizen, he cannot be called "Sir Bill Gates", but can use the letters "KBE" after his name.

Melinda French divorced with Bill Gates since May 3, 2021.[11] Even though they divorced, they stated that they will keep working on charity events.[11]

Net worth[change | change source]

In 1986, Gates took Microsoft public. The company's stock was worth $520 million. Gates owned 45 percent of the stock himself, which was worth $234 million. The company continued its rapid growth and the stock price soared. At one point, Gates' stock was worth over $100 billion. This made him the richest man in the world, until October 2017, when Amazon founder and CEO Jeff Bezos became even richer than him.[12]

He was the richest man in the world. In October 2017, his net worth was surpassed by Amazon founder and CEO Jeff Bezos.[12] Bezos had an estimated net worth of US$90.6 billion compared to Gates's net worth of US$89.9 billion at the time.[12] As of January 2021, Gates had an estimated net worth of US$163 billion, making him the third-richest person in the world.[13] And now, he is the third-richest person in the world behind Jeff Bezos and Elon Musk in net worth as of January 2021.[2][13]

Related pages[change | change source]

References[change | change source]

  1. 1.0 1.1 "Bill Gates Biography". biography.com. Retrieved 2008-07-26.
  2. 2.0 2.1 "The World's Billionaires".
  3. Desjardins, Jeff (2021-01-07). "Elon Musk is the World's Richest Person in 2021". Visual Capitalist. Retrieved 2021-01-27.
  4. "Power User -- He Saw The Future And It Was Him | The Seattle Times". archive.seattletimes.com. Retrieved 2020-06-17.
  5. "Bill Gates Money Fact". Guest.blog. Retrieved 2017-02-10.[permanent dead link]
  6. Michael Hitt; R. Duane Ireland; Robert Hoskisson (2012). Strategic Management: Concepts and Cases: Competitiveness and Globalization. p. 263. ISBN 978-1111825874. Archived from the original on September 15, 2015. Retrieved October 25, 2015.
  7. Mejia, Zameena (April 29, 2018). "The No. 1 thing Bill Gates wishes he'd done in college". CNBC. Retrieved April 3, 2020.
  8. "Bill Gates steps down as chairman, will assist new CEO as 'technology advisor'". The Verge. Archived from the original on February 4, 2014. Retrieved February 4, 2014.
  9. "Microsoft names Satya Nadella to replace Steve Ballmer". BBC News. February 4, 2014. Archived from the original on February 4, 2014. Retrieved February 4, 2014.
  10. Staff; agencies (2005-03-02). "Bill Gates becomes honorary knight". The Guardian. ISSN 0261-3077. Retrieved 2019-06-05.
  11. 11.0 11.1 Novet, Jordan (May 3, 2021). "Bill Gates and Melinda Gates are splitting up after 27 years". www.cnbc.com. NBC. Retrieved May 3, 2021.
  12. 12.0 12.1 12.2 "Amazon CEO Jeff Bezos Is The Richest Person In The World-Again". Forbes. Archived from the original on March 11, 2018.
  13. 13.0 13.1 Desjardins, Jeff (2021-01-07). "Elon Musk is the World's Richest Person in 2021". Visual Capitalist. Retrieved 2021-01-27.

Other websites[change | change source]