How much money does bill gates have wikipedia
William Henry Gates III born October 28, is the co-founder of Microsoft and is an American business magnate, investor, author and philanthropist. In , Gates and Paul Allen co-founded 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 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 , an opinion that has in some cases been upheld by numerous court rulings. Since , Gates has been included in the Forbes list of the world's wealthiest people. Gates was born in Seattle, Washington on October 28, He is the son of William H. His ancestry includes English , German , Irish , and Scots-Irish.
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.
At 13, he enrolled in the Lakeside School , a private preparatory school. He wrote his first computer program on this machine: 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. At the end of the ban, the four students offered to find bugs in CCC's software in exchange for computer time. Rather than use the system via Teletype, 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 , when the company went out of business. The following year, Information Sciences, Inc. 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. Gates graduated from Lakeside School in , and was a National Merit Scholar. Gates left Harvard after two years while Ballmer would stay and graduate magna cum laude. Years later, Ballmer succeeded Gates as CEO of Microsoft before resigning from the company in In his second year, Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems [36] 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; [36] [37] its successor is faster by only one percent. Gates did not have a definite study plan while a student at Harvard [39] and 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 He had talked this decision over with his parents, who were supportive of him after seeing how much Gates wanted to start his own company.
I was officially on [a] leave [of absence].
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After reading the January issue of Popular Electronics that demonstrated the Altair , Gates 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.
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, [44] and Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November They named their partnership "Micro-Soft" and had their first office located in Albuquerque. 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.
Microsoft became independent of MITS in late , and it continued to develop programming language software for various systems. During Microsoft's early years, all employees had broad responsibility for the company's business. Gates oversaw the business details, but continued to write code as well. In the first five years, Gates personally reviewed every line of code the company shipped, and often rewrote parts of it as he saw fit.
IBM approached Microsoft in July regarding its upcoming personal computer, the IBM PC. IBM representative Jack Sams mentioned the licensing difficulties during a subsequent meeting with Gates and told him to get an acceptable operating system.
Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full owner, of DOS. Gates did not offer to transfer the copyright on the operating system, because he believed that other hardware vendors would clone IBM's system. PC Magazine asked if Gates were "the man behind the machine? Although the two companies successfully developed the first version of the new system, mounting creative differences caused the partnership to deteriorate.
From Microsoft's founding in until , Gates had primary responsibility for the company's product strategy. He gained a reputation for being distant from others; as early as an industry executive complained in public that "Gates is notorious for not being reachable by phone and for not returning phone calls. He had studied the game until he solved it. That is a competitor. As an executive, Gates met regularly with Microsoft's senior managers and program managers. Firsthand accounts of these meetings describe him as verbally combative, berating managers for perceived holes in their business strategies or proposals that placed the company's long-term interests at risk.
Gates was an active software developer in Microsoft's early history, particularly on the company's programming language products, but his role most of its history was primarily as management and executive. Gates has not officially been on a development team since working on the TRS Model , [62] but wrote code as late as that shipped in the company's products.
Bill Gates likes the program, not because it's going to make him a lot of money although I'm sure it will do that , but because it's a neat hack. He divided his responsibilities between two successors, placing Ray Ozzie in charge of day-to-day management and Craig Mundie in charge of long-term product strategy.
Many decisions that led to antitrust litigation over Microsoft's business practices have had Gates' approval. In the United States v. Microsoft case, Gates gave deposition testimony that several journalists characterized as evasive. He argued with examiner David Boies over the contextual meaning of words such as, "compete", "concerned", and "we". The judge and other observers in the court room were seen laughing at various points during the deposition.
Early rounds of his deposition show him offering obfuscatory answers and saying 'I don't recall,' so many times that even the presiding judge had to chuckle. Worse, many of the technology chief's denials and pleas of ignorance were directly refuted by prosecutors with snippets of e-mail that Gates both sent and received. Gates later said he had simply resisted attempts by Boies to mischaracterize his words and actions.
As to his demeanor during the deposition, he said, "Did I fence with Boies? Whatever that penalty is should be levied against me: Gates appeared in a series of ads to promote Microsoft in The first commercial, co-starring Jerry Seinfeld , is a second talk between strangers as Seinfeld walks up on a discount shoe store Shoe Circus in a mall and notices Gates buying shoes inside.
The salesman is trying to sell Mr. Gates shoes that are a size too big. As Gates is buying the shoes, he holds up his discount card, which uses a slightly altered version of his own mugshot of his arrest in New Mexico in , for a traffic violation.
Some say that this is an homage to Seinfeld's own show about "nothing" Seinfeld. Since leaving day-to-day operations at Microsoft, Gates has continued his philanthropy and works on other projects. As of January , 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.
In a substantial interview with Rolling Stone magazine, published in March 27, issue, Gates provided his perspective on a range of issues, such as climate change, his charitable activities, various tech companies and people involved in them, and the state of America.
In response to a question about his greatest fear when he looks 50 years into the future, Gates stated: Gates married Melinda French in Hawaii on January 1, ; he was 38 and she was They have three children: Jennifer Katharine born , Rory John born , and Phoebe Adele born The family resides in the Gates' home , an earth-sheltered house in the side of a hill overlooking Lake Washington in Medina near Seattle in the state of Washington , United States.
In an interview with Rolling Stone , Gates stated in regard to his faith:. The moral systems of religion, I think, are super important. We've raised our kids in a religious way; they've gone to the Catholic church that Melinda goes to and I participate in.
I've been very lucky, and therefore I owe it to try and reduce the inequity in the world. And that's kind of a religious belief. I mean, it's at least a moral belief. In the same interview, Gates said: Before we really began to understand disease and the weather and things like that, we sought false explanations for them.
But the mystery and the beauty of the world is overwhelmingly amazing, and there's no scientific explanation of how it came about.
To say that it was generated by random numbers, that does seem, you know, sort of an uncharitable view [laughs]. I think it makes sense to believe in God, but exactly what decision in your life you make differently because of it, I don't know. Gates was number one on the Forbes list from through to , and number one on Forbes list of The World's Richest People from to and In a May interview, Gates commented that he wished that he were not the richest man in the world because he disliked the attention it brought.
In , he became a director of Berkshire Hathaway , the investment company headed by long-time friend Warren Buffett. Since , Gates has been included in the Forbes list of the world's wealthiest people [12] and was the wealthiest from to and again in and has been since Gates studied the work of Andrew Carnegie and John D.
Rockefeller , and in , sold some of his Microsoft stock to create the "William H. The foundation is organized into four program areas: Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence.
Gates and his father met with Rockefeller several times, and their charity work is partly modeled on the Rockefeller family 's philanthropic focus, whereby they are interested in tackling the global problems that are ignored by governments and other organizations.
The Bill and Melinda Gates Foundation supports the use of genetically modified organisms in agricultural development. Specifically, the foundation is supporting the International Rice Research Institute in developing Golden Rice , a genetically modified rice variant used to combat Vitamin A deficiency. Melinda Gates suggested that people should emulate the philanthropic efforts of the Salwen family, which had sold its home and given away half of its value, as detailed in The Power of Half.
Gates has recently expressed concern about the existential threats of superintelligence ; in a Reddit "ask me anything", he stated that. First the machines will do a lot of jobs for us and not be super intelligent. That should be positive if we manage it well. A few decades after that though the intelligence is strong enough to be a concern.
I agree with Elon Musk and some others on this and don't understand why some people are not concerned. In a March interview, with Baidu 's CEO, Robin Li , Gates claimed he would "highly recommend" Nick Bostrom 's recent work, Superintelligence: Gates has also provided personal donations to educational institutions. Gates Building" that was designed by architect Frank Gehry.
While Microsoft had previously given financial support to the institution, this was the first personal donation received from Gates.
The Maxwell Dworkin Laboratory of the Harvard John A. Paulson School of Engineering and Applied Sciences is named after the mothers of both Gates and Microsoft President Steven A.
Ballmer, both of whom were students Ballmer was a member of the School's graduating class of , while Gates left his studies for Microsoft , and donated funds for the laboratory's construction. The building contains the Computer Science Department CSD and the Computer Systems Laboratory CSL of Stanford's Engineering department.
On August 15, , Bill Gates posted a video of himself dumping a bucket of ice water on his head, after Facebook founder Mark Zuckerberg challenged him to do so, in order to raise awareness for the disease ALS amyotrophic lateral sclerosis. Bill Gates and his foundation are taking an interest in solving global sanitation problems since about , for example by announcing the "Reinvent the Toilet Challenge" which has received considerable media interest. In , the Los Angeles Times criticized the foundation for investing its assets in companies which have been accused of worsening poverty, polluting heavily, and pharmaceutical companies that do not sell into the developing world.
Lefever for its exclusion of Caucasian students. Bill Gates partnered with Swiss Tennis legend Roger Federer in playing a non competitive tennis match to a packed Key Arena in Seattle on April 29, The event was in support of Roger Federer Foundation 's charity efforts in Africa. Gates and Feder won the game In , Gates was listed as a billionaire in Forbes magazine's Richest People in America issue, just days before his 32nd birthday.
Time magazine named Gates one of the people who most influenced the 20th century , as well as one of the most influential people of , , and Time also collectively named Gates, his wife Melinda and U2's lead singer Bono as the Persons of the Year for their humanitarian efforts. According to Forbes , Gates was ranked as the fourth most powerful person in the world in , [] up from fifth in In , he was honored as the twentieth Distinguished Fellow of the British Computer Society.
In , Gates received New York Institute of Technology 's President's Medal. Gates was made an honorary Knight Commander of the Order of the British Empire KBE by Queen Elizabeth II in Entomologists named Bill Gates' flower fly , Eristalis gatesi , in his honor in In , Bill and Melinda Gates received the Jefferson Award for Greatest Public Service Benefiting the Disadvantaged.
In , Gates received the James C. Morgan Global Humanitarian Award from The Tech Awards.
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In , Gates, along with his wife Melinda, received the Padma Bhushan , India's third-highest civilian award for their social work in the country. In , President Barack Obama honored Gates and his wife Melinda with the Presidential Medal of Freedom for their philanthropic efforts. In , Gates became a LinkedIn Influencer. Gates was the guest on BBC Radio 4 's Desert Island Discs on January 31, , in which he talks about his relationships with his father and Steve Jobs , meeting his then future wife Melinda Ann French , the start of Microsoft and some of his habits for example reading The Economist "from cover to cover every week".
His choice of things to take on a desert island were, for music: The Better Angels of Our Nature by Steven Pinker ; and luxury item: From Wikipedia, the free encyclopedia. For other people named Bill Gates, see Bill Gates disambiguation. History of Microsoft and Microsoft.
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Bill Gates was a member of the baby boom, born in into an upper-middle-class family near Seattle. Triumph of the Nerds: The Rise of Accidental Empires. Some of these include: Anderson, former Clerk of the House.
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