Bill Gates
Co-founder, MicrosoftBirth DetailsOctober 28, 1955 | Seattle, United States
NationalityAmerican
LeagueEntrepreneur
EducationHarvard University (Drop out)
Net Worth$106.4 billion (as of May 19, 2020)
Bill Gates' Assets:
Bill Gates' Journey so far ...
Before you go ...
- Microsoft
- Bill & Melinda Gates Foundation
- Branded Entertainment Network
- TerraPower
- ResearchGate
- Gates Ventures
Bill Gates' Journey so far ...
- Bill Gates first got to use a computer while attending Lakeside School in Seattle and was instantly hooked to it
- While in school, he, along with some other students, created a software solution to computerise the school’s payroll system. A collaboration with fellow student Paul Allen resulted in a traffic- counting system -- Traf-O-Data -- which earned them $20,000
- Gates enrolled into Harvard University in 1973 but dropped out in his junior year to follow his entrepreneurial calling, along with Allen
- In 1975, the duo developed a software for the first microcomputer -- Altair 8800 -- and ‘Micro-Soft’ was formed with its office in Albuquerque, New Mexico
- The company was officially renamed Microsoft the following year
- Business grew, and now, their clients included start-ups such as ‘Apple’
- They moved the company to Seattle in 1979 and it was there that Microsoft earned high praise
- During that time, IBM was looking for an operating system (OS) for their personal computer -- IBM PC -- and Gates presented them the solution with MS-DOS
- The PC released in 1981 and soon the market was exploding with several manufacturers doing a copy
- Though built for IBM, Microsoft still had the rights to sell their software to other PC manufacturers and so they did
- Most of the manufacturers adopted MS-DOS for their systems, and, in 1981, their sales more than doubled in comparison to the previous year
- Windows 1.0 was launched in 1985 following the release of Apple’s Macintosh PC
- Microsoft went public in 1986, making Gates one of the richest persons in the country
- The following year, at the age of 31, he became the world’s youngest billionaire -- a title which he held on to until Mark Zuckerberg came into the picture
- By the mid-90s, Windows had become the standard operating system for most of the PCs running on the planet and the riches continued to follow
- Soon, they began rolling out other utility and enterprise software, and in 1995, Bill Gates became the richest person in the world
- Gates stepped down as the CEO of Microsoft in 2000
- The same year, he along with his wife, Melinda, established the Bill & Melinda Gates Foundation
- He left his daily job at Microsoft in 2008 while still retaining his position as chairman of the board
- In 2010, the couple launched the Giving Pledge along with Warren Buffet to encourage the wealthiest people of the world to commit most of their wealth to philanthropic causes
- In 2014, he relinquished his designation as chairman and assumed the role of technical advisor to support the newly- appointed CEO Satya Nadella
- He finally resigned from the public boards of both Microsoft and Berkshire Hathaway in March 2020
- Till date, he has donated around $35 billion worth of his Microsoft stocks to the Bill & Melinda Gates Foundation
- Currently, he holds around 1.3% shares of Microsoft and is one of the richest persons in the world
Before you go ...
- Bill was fond of the games Monopoly and Risk (a game with the objective to dominate the world) as a child
- After deliberating for almost a year, Gates and wife Melinda announced their divorce through social media on May 3, 2021
Last Updated: 22/07/2021
Bill Gates News
- Rs 12,000 power bill criteria removed for BPL card benefits: CM Manohar Lal KhattarHaryana Chief Minister Manohar Lal Khattar has announced that there will no longer be a limit on the annual electricity bill expense in order to avail Below Poverty Line (BPL) card benefits. Previously, individuals with an income of Rs 1.80 lakh were denied BPL card benefits if their annual electricity bills crossed Rs 12,000.
- Congressman Jamaal Bowman pulls fire alarm during crucial House vote: Will he have to resign?Jamaal Bowman has justified his actions, claiming that the activation of the fire alarm was entirely unintentional. According to his explanation, as he rushed to cast his vote, he encountered a door that usually opens for voting but remained unyielding on this specific occasion.
- Ukraine aid is dropped from government funding bill. That raises questions about future US supportSen. Jim Risch of Idaho, the top Republican on the Senate Foreign Relations Committee, said Ukraine should not be deterred, and that aid can be approved by other means. "Neither our friends nor our enemies should look at this as being some change in the United States' commitment to Ukraine," Risch said.
- US Congress passes stopgap funding bill to avert government shutdownThe U.S. Congress passed a stopgap funding bill late on Saturday with overwhelming Democratic support after Republican Speaker Kevin McCarthy backed down from an earlier demand by his party's hardliners for a partisan bill. The Democratic-majority Senate voted 88-9 to pass the measure to avoid the federal government's fourth partial shutdown in a decade, sending it to President Joe Biden to sign into law before the 12:01 a.m. ET (0401 GMT) deadline.US Congress passes stopgap funding bill to avert government shutdown
- Government shutdown averted with little time to spare as Joe Biden signs funding before midnightWith the clock ticking down to the midnight Saturday deadline, the Senate voted 88 to 9 to keep the lights on through mid-November with a resolution that had already advanced from the House.
- US: Spending bill passes in House, heads to Senate as shutdown fear loomsNotably, the decision is poised to prevent the government from falling off the shutdown cliff, which many lawmakers thought was inevitable after weeks of disagreements within the House GOP conference and between both chambers.
- OceanGate Titan submersible disaster to hit the big screen: Movie 'Salvaged' in development | DetailsIn June of 2023, the Titan submersible grabbed global attention as it disappeared during a deep-sea expedition near the Titanic wreckage in the Atlantic Ocean. Tragically, this vessel lost communication with its mother ship just 1 hour and 45 minutes into the dive, marking a devastating turn of events.
- Amit Shah hails PM for Chandrayaan-3, new Parliament, G20 summit, women's bill; says 4 works completed in 3 monthsCommenting on the Nari Shakti Vandan Adhiniyam, or the Women Reservation Bill, Shah said it was in limbo and was stalled and derailed for years before the prime minister brought it in the the new Parliament that was inaugurated on the auspicious day of Ganesh Chaturthi. "Modji has converted to reality the concept of women-led development," he said while speaking at the inauguration and foundation stone laying ceremony for various developmental projects for his Lok Sabha constituency of Gandhinagar.
- Converting huge credit card bill into EMIs? 5 things to know
- Republicans reject own funding bill, US government shutdown imminentHardline Republicans in the U.S. House have rejected a bill to temporarily fund the government, increasing the likelihood of a partial federal shutdown. The bill proposed by House Speaker Kevin McCarthy aimed to fund the government for 30 days and included spending cuts and immigration and border security restrictions. However, it had little chance of passing the Democratic-majority Senate.
- It's high time for India to leverage digital upskilling to prepare today's entrepreneurs for tomorrow's challengesPeople increasingly seek connections with businesses that are conversational, instant and real-time. They don't want to call and be put on hold or send an email and not know whether it's been read. They want to engage with a business over a message and get a quick, personalised response. Whether it's resolving queries, seeking recommendations or arranging a delivery, the immediacy and ease of messaging foster a sense of convenience that was previously unmatched.
- US yields fall as key PCE data shows inflation slowingThe personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, gained 0.1%, a drop from a 0.2% advance in July. Economists polled by Reuters had forecast the core PCE price index would climb 0.2%
- President Murmu gives nod to Women's Reservation BillPresident Droupadi Murmu has approved the women's reservation bill, granting 33% reservation for women in the Lok Sabha and state assemblies. The bill has been officially named the Constitution (106th Amendment) Act and will come into effect at a date determined by the central government.
- Stop selling products with ‘Sugar Watchers’ trademark on ecommerce sites: Delhi HC to India Gate basmati parentSugar Watchers sells products with a low glycemic index (GI) meant for consumers who need to keep their blood sugar levels under control. KRBL Ltd, which earlier sold its low GI products under the “Weight Watchers” sub-brand of India Gate, changed it to “Sugar Watchers” earlier this year.
- GATE 2024 registration closes tomorrow: Here's how to apply and other important datesThe Indian Institute of Science is nearing the end of the online registration process for the Graduate Aptitude Test in Engineering (GATE) 2024. Prospective candidates must submit their applications by September 29, 2023, or October 13, 2023, with a late fee. The application process involves registration, filling out the application, uploading documents, and paying the fee. After the initial application, a correction window will open on November 11, 2023.
- Startups form new taskforce to take on Google on billingThis is the first time such a taskforce has been constituted with the charter of deciding the course of action to be taken against Google Play, even as the Supreme Court is hearing cross appeals filed by the Competition Commission of India (CCI) and Google over the antitrust body’s order against the search giant, one of the people said.
- Digital India Bill may help users seek algorithmic accountabilityEarly draft says users must be ‘informed of a significant technological decision’ made by cos
- Kapil Sibal’s stern reply to PM Modi over his Women’s Reservation Bill jabPrime Minister Narendra Modi’s blistering jab to the Opposition over the recently passed Women’s Reservation Bill, in which he said that “Opposition stalled women's quota bill for three decades” has fanned the already blazing fire. In that series, Independent MP from Rajya Sabha Kapil Sibal has yet again criticized PM Modi for his jab. Kapil Sibal’s stern reply to PM Modi over his Women’s Reservation Bill jab
- Women's Reservation Bill is like post-dated cheque, says BRS MLC Kavitha calling it tokenismK Kavitha, an MLC from the ruling BRS party in Telangana, has criticized the Women's Reservation Bill passed in Parliament, calling it a "post-dated cheque" with no clarity on its implementation. She demanded that women be given 33% reservation in the Lok Sabha and state assemblies immediately.
- Women's reservation bill 'jumla' by BJP, says Mallikarjun Kharge; bats for OBC quota within it, seeks caste censusCongress president Mallikarjun Kharge criticized the BJP, calling the women's reservation bill an empty promise. He stated that the bill, which reserves 33% of seats in the Lok Sabha and state Assemblies for women, won't be implemented until 2034. Kharge accused the BJP of misleading people and claimed that the party only makes promises to win votes and then forgets about them.
- Delhi Police register FIR after finding pro-Khalistan graffiti painted near Kashmiri Gate flyoverAuthorities traced the location of the graffiti after an extensive search in the North District, based on signage seen in the aforementioned video. It was eventually found on the Yudhister Setu flyover coming from Seelampur towards Kashmere Gate, according to the police.
- Tesla rival VinFast looks to make in India; Digital India Bill to add laws on online offencesVietnam’s VinFast Auto, Tesla’s closest competitor in the electric car space, is looking to set up a manufacturing unit either in Tamil Nadu or Gujarat, sources told us. This and more in today’s ETtech Morning Dispatch.
- Digital India Bill set to add myriad online offence laws under ‘user harm’The Digital India Bill is likely to define and encode in law various online offences such as cryptojacking, astroturfing, dogpiling or cyber-mob attacks, dogwhistling, swatting, gaslighting and catfishing, people in know of the development told ET.
- Women's reservation bill has SC-ST sub-quota, signed by tribal woman President: PM ModiPrime Minister Narendra Modi announced that the new Women Reservation Act includes reservations for scheduled caste and scheduled tribe women, providing opportunities for their participation in Parliament and the Assembly. He also highlighted the government's efforts in the education sector, including the National Education Policy's focus on education in the mother tongue for tribal students. Modi spoke about the success of the Vibrant Gujarat Global Summit, which has showcased the state's decision-making and industry potential to the world. He also held a roadshow in Vadodara and addressed women workers of the BJP.
- US Treasury yields flat to slightly higher; credit default swaps edge upU.S. one-year credit default swaps widened to 22 bps on Wednesday, from 21 bps at Tuesday's close. The U.S. two-year Treasury yield was last up 1.4 basis points (bps) at 5.089%, while the 10-year yield inched lower to 4.552%
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