Business Biography: Bill Gates
March 21, 2014
Bill Gates: Opening Windows to Welfare
One of the best-known entrepreneurs of the personal computer revolution, the Microsoft founder, who is the world’s richest man, has taken up philanthropy in a big way
William Henry “Bill” Gates III (born October 28, 1955) is an American business magnate, investor, computer programmer, inventor and philanthropist. Gates is the former chief executive and chairman of Microsoft, the world’s largest personal-computer software company, which he co-founded with Paul Allen.
He stepped down as chairman of Microsoft in February 2014, taking on a new post as Technology Advisor to newly appointed CEO Satya Nadella. With a net worth of $76 billion, Gates is the richest man in the world, Forbes magazine said recently.
Recent years have seen the transformation of Gates from the founder of what is now world’s largest IT company to a full time philanthropist devoted to reducing humanity’s suffering and goading others to follow in his footsteps. His philanthropy is on an epic scale. He is seriously planning to eradicate diseases in his lifetime that have plagued humanity for thousands of years. The Bill and Melinda Gates Foundation has already given $26bn to fund health, development and education projects.
The Bill and Melinda Gates Foundation has committed a further $750m to a global fund to combat AIDS, tuberculosis and malaria. “These are tough economic times, but that is no excuse for cutting aid to the world’s poorest,” said Microsoft founder Bill Gates at the World Economic Forum (WEF). Gates has said that the rich should pay a greater share to get the US’s economic house back in order, but has defended capitalism as an economic system.
Gates wrote his first software program at the age of 13. In high school he helped form a group of programmers who computerized their school’s payroll system and founded Traf-O-Data, a company that sold traffic-counting systems to local governments....