Bill Gates
William Henry Gates III (born October 28, 1955) is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014.He was a major entrepreneur of the microcomputer revolution of the 1970s and 1980s.
Gates was born and raised in Seattle, Washington. In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico. It became the world's largest personal computer software company. Gates led the company as chairman and CEO until stepping down as CEO in January 2000, succeeded by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was criticized for his business tactics, which have been considered anti-competitive. This opinion has been upheld by numerous court rulings. In June 2008, Gates transitioned to a part-time role at Microsoft and full-time work at the Bill & Melinda Gates Foundation, the private charitable foundation he and his then-wife, Melinda Gates, established in 2000.He stepped down as chairman of the board of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella. In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway to focus on his philanthropic efforts on climate change, global health and development, and education.
Since 1987, Gates has been included in the Forbes list of the world's wealthiest people. From 1995 to 2017, he held the Forbes title of the richest person in the world every year except from 2010 to 2013.In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of US$90.6 billion compared to Gates's net worth of US$89.9 billion at the time.As of August 2022, Gates had an estimated net worth of US$117 billion, making him the fifth-richest person in the world.
Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates has pursued many business and philanthropic endeavors. He is the founder and chairman of several companies, including BEN, Cascade Investment, bgC3, and TerraPower. He has given sizable amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world's largest private charity.Through the foundation, he led an early 21st century vaccination campaign that significantly contributed to the eradication of the wild poliovirus in Africa.In 2010, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.
William Henry Gates III (born October 28, 1955) is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014.He was a major entrepreneur of the microcomputer revolution of the 1970s and 1980s.
Gates was born and raised in Seattle, Washington. In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico. It became the world's largest personal computer software company. Gates led the company as chairman and CEO until stepping down as CEO in January 2000, succeeded by Steve Ballmer, but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was criticized for his business tactics, which have been considered anti-competitive. This opinion has been upheld by numerous court rulings. In June 2008, Gates transitioned to a part-time role at Microsoft and full-time work at the Bill & Melinda Gates Foundation, the private charitable foundation he and his then-wife, Melinda Gates, established in 2000.He stepped down as chairman of the board of Microsoft in February 2014 and assumed a new post as technology adviser to support the newly appointed CEO Satya Nadella. In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway to focus on his philanthropic efforts on climate change, global health and development, and education.
Since 1987, Gates has been included in the Forbes list of the world's wealthiest people. From 1995 to 2017, he held the Forbes title of the richest person in the world every year except from 2010 to 2013.In October 2017, he was surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of US$90.6 billion compared to Gates's net worth of US$89.9 billion at the time.As of August 2022, Gates had an estimated net worth of US$117 billion, making him the fifth-richest person in the world.
Later in his career and since leaving day-to-day operations at Microsoft in 2008, Gates has pursued many business and philanthropic endeavors. He is the founder and chairman of several companies, including BEN, Cascade Investment, bgC3, and TerraPower. He has given sizable amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world's largest private charity.Through the foundation, he led an early 21st century vaccination campaign that significantly contributed to the eradication of the wild poliovirus in Africa.In 2010, Gates and Warren Buffett founded The Giving Pledge, whereby they and other billionaires pledge to give at least half of their wealth to philanthropy.
Windows
Microsoft and Gates launched their first retail version of Microsoft Windows on November 20, 1985, in an attempt to fend off competition from Apple's Macintosh GUI, which had bewitched consumers with its simplicity and ease of use. In August of the following year, the company struck a deal with IBM to develop a separate operating system called OS/2. Although the two companies successfully developed the first version of the new system, the partnership deteriorated due to mounting creative differences.The operating system grew out of DOS in an organic fashion over a decade, until with Windows 95 the DOS text screen was relegated to the closet. Windows XP, released one year after Gates stepped down as Microsoft CEO, reportedly was the first to not be based on DOS.Windows 8.1 was the last version of the OS released before Gates left the chair of the firm to John W. Thompson on February 5, 2014.
Microsoft and Gates launched their first retail version of Microsoft Windows on November 20, 1985, in an attempt to fend off competition from Apple's Macintosh GUI, which had bewitched consumers with its simplicity and ease of use. In August of the following year, the company struck a deal with IBM to develop a separate operating system called OS/2. Although the two companies successfully developed the first version of the new system, the partnership deteriorated due to mounting creative differences.The operating system grew out of DOS in an organic fashion over a decade, until with Windows 95 the DOS text screen was relegated to the closet. Windows XP, released one year after Gates stepped down as Microsoft CEO, reportedly was the first to not be based on DOS.Windows 8.1 was the last version of the OS released before Gates left the chair of the firm to John W. Thompson on February 5, 2014.
Antitrust litigation
Gates approved of many decisions that led to antitrust litigation over Microsoft's business practices. In the 1998 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". Later in the year, when portions of the videotaped deposition were played back in court, the judge was seen laughing and shaking his head. BusinessWeek reported:
Gates later said that he had simply resisted attempts by Boies to mischaracterize his words and actions. "Did I fence with Boies? ... I plead guilty ... rudeness to Boies in the first degree.Despite Gates's denials, the judge ruled that Microsoft had committed monopolization, tying and blocking competition, each in violation of the Sherman Antitrust Act.
Gates approved of many decisions that led to antitrust litigation over Microsoft's business practices. In the 1998 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". Later in the year, when portions of the videotaped deposition were played back in court, the judge was seen laughing and shaking his head. BusinessWeek reported:
Gates later said that he had simply resisted attempts by Boies to mischaracterize his words and actions. "Did I fence with Boies? ... I plead guilty ... rudeness to Boies in the first degree.Despite Gates's denials, the judge ruled that Microsoft had committed monopolization, tying and blocking competition, each in violation of the Sherman Antitrust Act.
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