Celebrity: Bill Gates
Date of Birth
Bill Gates Net Worth:
World famous American business mogul, CEO of Microsoft, author and philanthropist, Bill Gates who has a net worth of $90 billion, has spent a great part of his last 20 years on planet earth as the wealthiest people in the world, even though he has slipped to #2 many times.
Bill Gates who co-founded the software company, ‘Microsoft’ with Paul Allen, and known as one of the pioneer entrepreneurs of the PC revolution, graduated from Lakeside School in 1973, where he scored 1590 out of 1600 on the SAT, and then enrolled at Harvard College in the pre-winter of 1973.
After the arrival of the MITS Altair 8800 in light of the Intel 8080 CPU, Gates and Allen considered this as an opportunity for them to create their own computer software company. Then the makers of the new microcomputer, Micro Instrumentation and Telemetry Systems (MITS), launched a partnership with Gates and Allen utilizing their Altair emulator that worked on a minicomputer, and then the BASIC interpreter, after which the trade name “Microsoft” was registered on the 26th of November, 1976.
Amid the first five years of the operation of the Microsoft company, Gates personally examined each line of code the company dispatched, regularly modifying the code as required and on the 20th of November, 1985, Microsoft launched its very first retail version of Microsoft Windows. While Gates and his better half consolidated three family establishments to form the magnanimous Bill and Melinda Gates Foundation in 2000, which now happens to be the biggest transparently operated charitable foundation on planet earth.
On the 15th of June, 2006, Gates who announced that he would be changing from his everyday role at Microsoft for the next two years so as to commit himself more to charity works has sold about $40 billion in Microsoft stock and gathered over $10 billion in profits since the company’s IPO in 1986.
Bill Gates who utilized that profit to form the holding organization ‘Cascade Investment’ that has kept on developing, with investments in companies including Canadian National Railway and AutoNation, is a significant philanthropist that gave out a $3.3 billion payout he got in 2004 to his Bill and Melinda Gates Foundation, despite this he still has a 2.4 percent stake in Microsoft, and has however refused to further make any remarks on his net worth.