William Henry Gates III
October 28, 1955 Seattle, Washington, USA
Nationality: United States of America
Occupation: Businessmen, Philanthropists
The main contribution to (what is known): Gates is a microcomputer pioneer, inventor, and one of the best-known entrepreneurs of the personal computer revolution. He is an American business magnate and the world’s richest men. Net worth US$ 89 billion On October 2017.
Contributions: While still a Harvard undergraduate, Bill Gates wrote a version of the programming language BASIC for the MITS Altair microcomputer.
In November 1975 Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque. Having written the first computer language for a personal computer, Gates and Allen established the Microsoft Corporation in 1975. The name “Microsoft” was formed from the words “microcomputer” and “software.”
In 1980 Microsoft began its domination of the fledgling microcomputer industry when Gates licensed the operating system MS-DOS to IBM for use in IBM’s first personal computer.
On November 10, 1983, Microsoft Corporation formally announced Microsoft Windows, a next-generation operating system. It was just a publicity stunt. The truth was that Microsoft was nowhere near developing such a system. In this year Paul Allen left the company for health reasons. Windows 1.0 was finally released in November 1985. That same year Microsoft reported $140 million in revenue, including $46.6 million from overseas users.
In 1986, Bill Gates took Microsoft public with an initial public offering (IPO) of $21 per share. Gates held 45 % of the company’s 24.7 million shares and became an instant millionaire at age 31.
Beginning in 1995, he refocused Microsoft on the development of software solutions for the Internet, in particular Microsoft’s Internet Explorer Web browser and he also moved the company into the computer hardware and gaming markets with the Xbox video machine.
Gates’s role at Microsoft for most of its history was primarily a company’s product strategy, management and executive role. However, he was an active software developer in the early years.
He, along with others, wrote the MS-DOS operating system, the Windows operating interface, the Internet Explorer browser, and a multitude of other popular computer products.
In March 2010, Gates with net worth $53 billion, was the second wealthiest person behind Carlos Slim, but regained the top position in 2013.
On August 2016 his Net worth – US $90 billion.
Honors and Awards: U.S. National Medal of Technology, 1993; Chief Executive of the Year, Chief Executive, 1994; President’s Medal of Leadership Award, New York Institute of Technology, 1995; Louis Braille Gold Medal, Canadian National Institute for the Blind, 2002; Knight Commander of the Order of the British Empire, 2004; Time Man of the Year 2005, with Bono and Melinda Gates; Order of the Aztec Eagle by the Mexican government, 2006.
Along with his wife Melinda, Gates received the Padma Bhushan, 2015; Presidential Medal of Freedom, 2016; France’s highest national award – Legion of Honour (2017) for their philanthropic efforts.
Creative style: His secret of success and individual creative style: technological innovation, keen and shrewd business strategy, aggressive competitive tactics, fierce competitiveness, creative corporate leadership. He is a charismatic leader, willing to take risks and an intense businessman worked 16 hours a day.
Major works: The Road Ahead (1995), Business @ the Speed of Thought (1999).
Education: At 13 he enrolled in the Lakeside School, an exclusive preparatory school. In 1973 he graduated from Lakeside School and enrolled at Harvard College in the autumn. In 1973, Bill Gates became a student at Harvard University, originally thinking of a career in law. There he met Steve Ballmer (Microsoft’s chief executive officer). Gates soon left Harvard and formed one of the most successful companies in the world – Microsoft.
Gates wrote the school’s computer program to schedule students in classes. It was at Lakeside School where Bill met Paul Allen , who was two years his senior. The two became fast friends, bonding on their common enthusiasm over computers, even though they were very different.
In 1970, at the age of 15, Bill Gates went into business with his pal, Paul Allen.
At age 17, Gates formed a venture with Allen, called Traf-O-Data, a computer program that monitored traffic patterns in Seattle. In early 1973, Bill Gates served as a congressional page in the U.S. House of Representatives.
Gates was only 23, when he placed himself as the head of Microsoft, which grossed $2.5 million in 1978.
In middle 1981 Gates and Allen incorporated Microsoft, and Gates was appointed president and chairman of the board. Allen was named executive vice-president. Iin 1989 he founded Corbis, a digital imaging company.
In 2004, he became a director of Berkshire Hathaway, the investment company.
Bill Gates stepped down from the day-to-day operations of Microsoft in 2000, turning over the job of CEO to college friend Steve Ballmer. Gates’ last full-time day at Microsoft was June 27, 2008. He finally stepped down as chairman of Microsoft in February 2014 and assumed a new post as technology adviser. New CEO of Microsoft, Satya Nadella is now the most powerful Indian-born tech executive in the world.
Gates Titles are: Technology Advisor of Microsoft, CEO of Cascade Investment, Chairman of Corbis, Chairman of the TerraPower.
He also is Co-Chairman of the Bill & Melinda Gates Foundation. Now he devoted more time to charity work at the Bill and Melinda Gates Foundation.
Personal life: In 1989, Bill Gates 37 he met a 28-year-old Microsoft executive named Melinda French. In time, their relationship grew as they discovered an intimate and intellectual connection. On January 1, 1994, Melinda and Bill were married in Hawaii. The couple have three children: daughters Jennifer Katharine (b. 1996) and Phoebe Adele (b. 2002) and son Rory John (b. 1999).
With the influence of his wife Melinda, Gates took an interest in filling his mother’s role as a civic leader.
In 1994 he founded the William H. Gates Foundation (focusing on health issues in developing countries) and in 1997 established the Gates Library Foundation, later renamed the Gates Learning Foundation. In 2000, the couple combined several family foundations to form the Bill and Melinda Gates Foundation. They started out by making a $28 billion contribution to set up the foundation.
On June 2010 Bill and Melinda Gates and Warren Buffett started the Giving Pledge campaign. They are asking hundreds of rich Americans to pledge at least at least half their net worth to charity. At present there are 403 billionaires living in the US, according to Forbes.
Zest: He was the fourth of his name in his family, but was known as William Gates III or “Trey” because his father had dropped his own “III” suffix. When Gates graduated from Lakeside, with a score 1590 out of 1600 on the college SAT test, a feat of intellectual achievement that for several years he boasted about when introducing himself to new people.
Gates attended Harvard as an undergraduate and received an honorary degree from the University On June 7 2007, when he delivered the Commencement Day address.
IBM wanted to buy the source code, which would have given them the information to the operating system. Gates refused, instead proposing that IBM pay a licensing fee for copies of the software sold with their computers. His verbally combative management style challenged employees and their ideas to keep the creative process going. He could interrupt presentations with such comments as, “That’s the stupidest thing I’ve ever heard!” and, “Why don’t you join the Peace Corps?”
Gates first computer program ever was a tic-tac-toe game. He paid $30.1 million at an auction in 1994 for the Codex Leichester, a collection of writing by Leonardo Da Vinci. Gates is an avid reader. He is an Porsche collector. He owns a Porsche 911 Carrera valued at $149,720.00. His favorite bands are Weezer and U2. He enjoys playing golf and bridge.