Bill Gates Essay

465 Words2 Pages
William Henry "Bill" Gates III, born October 28, 1955, is an American business magnate, investor, philanthropist, and author. Gates is the former CEO and current chairman of Microsoft, the software company he founded with Paul Allen. He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third. As of 2007, Bill Gates’ worth is estimated at $59 billion US Dollars. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with 6.4 percent of the common stock. His father, William H. Gates II, is a Seattle attorney. His late mother, Mary Gates, was a school teacher, University of Washington regent, and chairwoman of United Way International. Gates has two siblings, Kristianne and Libby. In 1975, before graduation Gates left Harvard to form Microsoft with his childhood friend Paul Allen. The pair planned to develop software for the newly emerging personal computer market. Bill Gate's company Microsoft became famous for their computer operating systems and killer business deals. For example, Bill Gates talked IBM into letting Microsoft retain the licensing rights to MS-DOS, an operating system, that IBM needed for their new personal computer. Gates proceeded to make a fortune from the licensing of MS-DOS. On November 10, 1983, at the Plaza Hotel in New York City, Microsoft Corporation formally announced Microsoft Windows, a next-generation operating system. Microsoft gave the world two things: Microsoft was the first real software company. Microsoft did put a PC on every desk and in every home. At the end of the day, it's that last part that matters. By shifting the value in computing to software, Microsoft has made computing hardware affordable and made computing accessible to the masses.

More about Bill Gates Essay

Open Document