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Bill Gates
| (born October 28, 1955) |
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| William Henry "Bill" Gates III is the co-founder,
chairman, former chief software architect, and former CEO of Microsoft.
He is also the founder of Corbis, a digital image archiving company.
Forbes magazine's The World's Billionaires list has ranked him as the
richest person in the world for the last twelve consecutive years.
According to the Forbes 2006 magazine, Bill Gates's current net worth is
approximately $50 billion. When family wealth is considered, his family
ranks second behind the Walton family. |
Since Microsoft's founding in 1975 and as of 2006, Gates has had primary
responsibility for Microsoft's product strategy. He has aggressively broadened
the company's range of products, and wherever Microsoft has achieved a dominant
position he has vigorously defended it. Many decisions that have led to
antitrust litigation over Microsoft's business practices have had Gates'
approval. In the 1998 United States v. Microsoft case, Gates gave deposition
testimony that several journalists characterized as evasive. He argued over the
definitions of words such as: compete, concerned, ask, and we.[32] BusinessWeek
reported, "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 Gates both sent and
received." [33] Despite denials by Bill Gates, the judge ruled that Microsoft
had committed monopolization and tying, blocking competition, in violation of
the Sherman Act.
Gates meets regularly with Microsoft's senior managers and program managers. By
all accounts he can be extremely confrontational during these meetings,
particularly when he believes that managers have not thought out their business
strategy or have placed the company's future at risk. [34][10] He has been
described shouting at length at employees before letting them continue, with
such remarks as "That's the stupidest thing I've ever heard!" and "Why don't you
just give up your options and join the Peace Corps?"[35] However, he often backs
down when the targets of his outbursts respond frankly and directly.[36] When he
is not impressed with the technical hurdles managers claim to be facing, he
sometimes quips, "Do you want me to do it over the weekend?"[37]
Gates' role at Microsoft for most of its history has been primarily a management
and executive role. However, he was an active software developer in the early
years, particularly on the company's programming language products. He has not
officially been on a development team since working on the TRS-80 Model 100
line, but he wrote code as late as 1989 that shipped in the company's
products.[38]
On June 15, 2006, Gates announced his plans to transition out of a day-to-day
role with Microsoft effective July 31, 2008[39], to allow him to devote more
time to working with the Bill and Melinda Gates Foundation. During an interview
with Fortune.com published on June 26 says his recent decision to "shift
priorities" his day-to-day role has changed to June 2008 instead of the original
date of July 2008. After that date, Gates will continue in his role as the
company's chairman and act as an advisor on key projects. His role as Chief
Software Architect will be filled immediately by Ray Ozzie who joined the
company last year due to Microsoft taking over his company Groove. One of his
last initiatives before announcing his departure was the creation of a robotics
software group at Microsoft.
Personal life
Bill Gates and Brazilian President Luiz Inacio Lula da Silva in Davos. January
26, 2003Bill Gates married Melinda French of Dallas, Texas on January 1, 1994.
They have three children: Jennifer Katharine Gates (1996), Rory John Gates
(1999) and Phoebe Adele Gates (2002). Bill Gates' house is one of the most
expensive houses in the world, and is a modern 21st century earth-sheltered home
in the side of a hill overlooking Lake Washington in Medina, Washington.
According to King County public records, as of 2006, the total assessed value of
the property (land and house) is $125 million, and the annual property tax is
just under $1 million. Also among Gates' private acquisitions are the Codex
Leicester, a collection of writings by Leonardo da Vinci which Gates bought for
$30.8 million at an auction in 1994 [40], and a rare Gutenberg Bible.[citation
needed]
In 2000, Gates founded the Bill & Melinda Gates Foundation, a charitable
organization, with his wife. The foundation's grants have provided funds for
college scholarships for under-represented minorities, AIDS prevention, diseases
prevalent in third world countries, and other causes. In 2000, the Gates
Foundation endowed the University of Cambridge with $210 million for the Gates
Cambridge Scholarships. The Foundation has also pledged over $7 billion to its
various causes, including $1 billion to the United Negro College Fund; and as of
2005, had an estimated endowment of $29.0 billion. He has spent about a third of
his lifetime income on charity.[citation needed]
Gates has received two honorary doctorates, from the Royal Institute of
Technology, Stockholm, Sweden in 2002 and Waseda University, Tokyo, Japan in
2005. Gates was also given an honorary KBE (Knighthood) from Queen Elizabeth II
of the United Kingdom in 2005,[41] in addition to having entomologists name the
Bill Gates flower fly, Eristalis gatesi, in his honor.[42]
Microsoft CEO Steve Ballmer has stated that Gates is probably the most "spammed"
person in the world, receiving as many as 4,000,000 e-mails per day in 2004,
most of which were junk. Gates has almost an entire department devoted to
filtering out junk emails.[43] In an article, Gates himself has said that most
of this junk mail "offers to help [him] get out of debt or get rich quick",
which "would be funny (given his financial state) if it weren't so irritating
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