Gates leaves Microsoft to focus on philanthropy
Sensing the start of a personal computer revolution, Bill Gates dropped out of Harvard University in 1975 to start Microsoft Corp and pursue a vision of a computer on every desk and in every home.
Bush says ready to delay Africa trip over spy billThree decades later, Gates is set to step down on Friday from what is now the world's largest software company to work full-time at the charitable organization - the Bill & Melinda Gates Foundation - built by his vast fortune.
No longer the world's richest man - he has been topped by investor Warren Buffett and Mexico's telecoms tycoon Carlos Slim - Gates says great wealth brings with it great responsibility.
The 52-year-old, whose boyish looks seem at odds with his graying hair, will leave behind a life's work developing software to devote energy to finding new vaccines or to micro-finance projects in the developing world.
As Microsoft's biggest shareholder, Gates will remain chairman and work on special technology projects. His 8.7 percent stake in Microsoft is worth about $23 billion.
Gates first programmed a computer at 13, creating a class scheduling system for his Seattle high school. As he gained more experience, he realized the potential that software held to change how humans worked, played and communicated.
"When I was 19, I caught sight of the future and based my career on what I saw. I turned out to have been right," Gates wrote in his 1995 book "The Road Ahead."
Gates realized at an early stage of the PC revolution that software would be more important than hardware. Working with boyhood friend Paul Allen, Gates founded Microsoft, naming the company for its mission of providing microcomputer software.
PRIVILEGED UPBRINGING
Gates was born October 28, 1955, the second of three children in a prominent Seattle family. His father, William Henry Gates Jr., was a partner at one of the city's most powerful law firms, while his late mother, Mary, was an active charity fund-raiser and University of Washington regent.
- 1 Banks may avoid worst of household debt pain
- 2 FAA proposes 3.8 million fine against American
- 3 Swaps spreads highlight credit stresses
- 4 Slower economy saps climate action
- 5 Besley says fighting inflation tough task
- 6 Poll shows leader swap would not save Labour
- 7 Weak sterling may not curb recession
|
- 1 Slower global demand could hurt Dell, HP
- 2 Xbox 360 beats PS3 in Japan
- 3 T-Mobile to offer first Android smartphone
- 4 IPhone could give Best Buy sales boost: analysts
- 5 Over 33,000 buyers signed up for GM electric car
- 6 Google resolves Gmail access problems
- 7 Google admits its AOL investment may be impaired
|
|
