Bill Gates - Wikipedia. William Henry Gates III (born October 2. Microsoft Corporation and is an American business magnate, investor, author and philanthropist.[3]In 1. 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 2. Gates stepped down as chief executive officer of Microsoft in January 2. In June 2. 00. 6, 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.[8] He gradually transferred his duties to Ray Ozzie and Craig Mundie.[9] He stepped down as chairman of Microsoft in February 2. CEO Satya Nadella.[1. 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. President Bush signs the Emergency Economic Stabilization Act of 2008 in the Oval Office after the House passed the financial bailout bill Friday. This opinion has been upheld by numerous court rulings. Later in his career, Gates pursued a number of philanthropic endeavors. He donated large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, which was established in 2. Since 1. 98. 7, Gates has been included in the Forbes list of the world's wealthiest people.[1. As of September 2. ![]() · – Don’t ever trust anything that is “Free, not free” to make you any money. – Trust money because it allows you to pay for what you like. The new MSN, Your customizable collection of the best in news, sports, entertainment, money, weather, travel, health, and lifestyle, combined with Outlook, Facebook. 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. US$8. 4. 8 billion.[1] In 2. Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.[1. The foundation works to save lives and improve global health, and is working with Rotary International to eliminate polio.[1. Early life. Gates was born in Seattle, Washington on October 2. He is the son of William H. Gates Sr.[b] (b. 1. Mary Maxwell Gates (1. His ancestry includes English, German, Irish, and Scots- Irish.[1. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate Banc. System 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.[1. The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock .. At 1. 3, 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 3. 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. 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 the Mothers Club donation was exhausted, he and other students sought time on systems including DECPDP minicomputers. One of these systems was a PDP- 1. Computer Center Corporation (CCC), which banned four Lakeside students – Gates, Paul Allen, Ric Weiland, and Kent Evans – for the summer after it caught them exploiting bugs in the operating system to obtain free computer time.[2. At the end of the ban, the four students offered to find bugs in CCC's software in exchange for extra computer time. Rather than use the system via Teletype. Subsequently, Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in Fortran, Lisp, and machine language. The arrangement with CCC continued until 1. The following year, Information Sciences, Inc. Lakeside students to write a payroll program in COBOL, providing them computer time and royalties. After his administrators became aware of his programming abilities, Gates wrote the school's computer program to schedule students in classes. ![]() He modified the code so that he was placed in classes with "a disproportionate number of interesting girls."[2. He later stated that "it was hard to tear myself away from a machine at which I could so unambiguously demonstrate success." At age 1. Gates formed a venture with Allen, called Traf- O- Data, to make traffic counters based on the Intel 8. In early 1. 97. 3, Bill Gates served as a congressional page in the U. S. House of Representatives.[3. Gates was a National Merit Scholar when he graduated from Lakeside School in 1. He scored 1. 59. 0 out of 1. Scholastic Aptitude Tests (SAT) and enrolled at Harvard College in the autumn of 1. He chose a pre- law major but took mathematics and graduate level computer science courses.[3. 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 2. In his second year, Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems[3. Harry Lewis, one of his professors. Gates' solution held the record as the fastest version for over thirty years; [3. His solution was later formalized in a published paper in collaboration with Harvard computer scientist Christos Papadimitriou.[3. 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 1. The MITS Altair 8. The new computer was based on the Intel 8. CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. Gates dropped out of Harvard at this time. He had talked over this decision with his parents, who were supportive of him after seeing how much their son wanted to start his own company. Gates explained his decision to leave Harvard, saying ".. Microsoft] hadn't worked out, I could always go back to school. I was officially on [a] leave [of absence]."[4. Microsoft. BASIC. MITS Altair 8. 80. Computer with 8- inch (2. After Gates read the January 1. Popular Electronics, which demonstrated the Altair 8. 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.[4. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for a demo, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. 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,[4. Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1. They named their partnership "Micro- Soft" and had their first office located in Albuquerque.[4. Within a year, the hyphen was dropped, and on November 2. Microsoft" was registered with the Office of the Secretary of the State of New Mexico.[4. Gates never returned to Harvard to complete his studies. Microsoft's Altair BASIC was popular with computer hobbyists, but Gates discovered that a pre- market copy had leaked into the community and was being widely copied and distributed. In February 1. 97. Gates wrote an Open Letter to Hobbyists in the MITS newsletter in which he asserted that more than 9. Microsoft Altair BASIC had not paid Microsoft for it and by doing so the Altair "hobby market" was in danger of eliminating the incentive for any professional developers to produce, distribute, and maintain high- quality software. This letter was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment.
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