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Discover More About Bill Gates – Bio, Net Worth, Education, Career, Achievements

Discover More About Bill Gates – Bio, Net Worth, Education, Career, Achievements

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Think of a scholar who’s reputation proceeds him as someone who has made a mark in the software business, and Bill Gates comes to mind. This  American business magnate and computer programmer founded Microsoft, the world’s largest PC software company alongside is his business partner Paul Allen. He is one of the best-known entrepreneurs and pioneers of the microcomputer revolution of the 1970s and 1980s.

 

Bill Gates’ Life Story

Born as William Henry “Bill” Gates III on October 28, 1955, he is the son of William H. Gates, Sr. and Mary Maxwell Gates. His father was a prominent lawyer while his mother served on the board of directors for First Interstate BancSystem and the United Way. He has two sisters.

He studied at the Lakeside School where he developed an interest in computing. He was just 13 when he wrote his first software program on the school’s computer and by the time he was in high school he, along with some of his friends, had computerized their school’s payroll system.

His future business collaborator, Paul Allen, was a senior at Lakeside. At the age of 17, Gates teamed up with Allen to form a venture called Traf-O-Data, to make traffic counters based on the Intel 8008 processor.

He graduated from high school in 1973. He was a National Merit Scholar and scored 1590 out of 1600 on the SAT. He enrolled at Harvard College later the same year. As a college student he spent a lot of time on the computers though he was not much interested in studying other subjects. His friend Allen suggested that Bill drop out of college to start a business.

Bill Gates’ Education

Gates was a voracious reader as a child, spending many hours poring over reference books such as the encyclopedia. Around the age of 11 or 12, Gates’s parents began to have concerns about his behavior. He was doing well in school, but he seemed bored and withdrawn at times, and his parents worried he might become a loner.

Though they were strong believers in public education, when Gates turned 13, his parents enrolled him at Seattle’s exclusive preparatory Lakeside School. He blossomed in nearly all his subjects, excelling in math and science, but also doing very well in drama and English.

While at Lakeside School, a Seattle computer company offered to provide computer time for the students. The Mother’s Club used proceeds from the school’s rummage sale to purchase a teletype terminal for students to use. Gates became entranced with what a computer could do and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in BASIC computer language that allowed users to play against the computer.

Gates graduated from Lakeside in 1973. He scored 1590 out of 1600 on the college SAT test, a feat of intellectual achievement that he boasted about for several years when introducing himself to new people.

Did Bill Gates Go to College?

Gates enrolled at Harvard University in the fall of 1973, originally thinking of a career in law. Much to his parents’ dismay, Gates dropped out of college in 1975 to pursue his business, Microsoft, with partner Allen.

Gates spent more of his time in the computer lab than in class. He did not really have a study regimen; he got by on a few hours of sleep, crammed for a test, and passed with a reasonable grade.

 

Bill Gates’ Net worth

On Friday, 19th November, 2019 Bill Gates overtook fellow centibillionaire Jeff Bezos on Bloomberg’s Billionaires Index to regained the title of the richest person in the world. This followed the news that Microsoft beat out Amazon for a $10 billion cloud-computing contract from the Pentagon, consequently spiking Microsoft’s shares and sinking Amazon’s, Bloomberg’s Tom Metcalf reported.

Bill Gates net worth  is $110 billion as at the time of this publication.

 

Bill Gates’ Achievements

In 2002, Bill and Melinda Gates received the Jefferson Award for Greatest Public Service Benefiting the Disadvantaged.

Gates received the Bower Award for Business Leadership from The Franklin Institute in 2010 in recognition of his achievements at Microsoft and his philanthropic work.

Bill and Melinda Gates jointly received India’s third highest civilian honor Padma Bhushan in 2015 for their foundation’s philanthropic activities in India.

Bill Gates’ Career

Bill Gates and Paul Allen collaborated to found Microsoft (initially called Micro-Soft) in 1975. In the beginning they adapted BASIC, a popular programming language for use on microcomputers. It proved to be a success and they continued to develop programming language software for various systems.

In 1980, the duo was approached by International Business Machine (IBM) with a proposal that Microsoft write the BASIC interpreter for IBM’s upcoming personal computer, the IBM PC. Microsoft created the PC DOS operating system which they delivered to IBM in exchange for a one-time fee of $50,000.

Soon Microsoft’s operating systems became very popular and the company introduced an operating environment named Windows on November 20, 1985, as a graphical operating system shell for MS-DOS. Over the following years Windows came to dominate the world’s personal computer market acquiring over 90% market share. The company saw phenomenal financial success, and being the
company’s largest individual shareholder, Bill Gates amassed a great fortune.

Microsoft introduced Microsoft Office in 1989. The package integrated several applications like Microsoft Word and Excel into one system that was compatible with all Microsoft products. The success of MS Office gave Microsoft a virtual monopoly on operating systems for PCs.

In the mid 1990s when the use of the internet spread throughout the globe at an alarming speed, Gates focused Microsoft on the development of consumer and enterprise software solutions for the Internet. Windows CE operating system platform and the Microsoft Network were among the innovative solutions developed during this time.

In January 2000, Gates stepped down as Chief Executive Officer of Microsoft though he retained his position as chairman. He created the new position of Chief Software Architect for himself. Over the next few years he gradually transferred his duties to others at Microsoft and started spending more time in philanthropic works.
He stepped down as Chairman of Microsoft in February 2014, and currently serves as technology advisor to support CEO Satya Nadella.

Thanks for reading this publication.

 

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