Bill Gates’s Favorite Books
Occupation: Software developer, investor, entrepreneur
Birthday: October 28, 1955
Birthplace: Seattle, Washington, U.S.
College: Harvard (dropped out)
Nationality: United States
Birth Sign: Scorpio
William Henry Gates III is the co-founder of Microsoft, along with his late childhood friend Paul Allen.
Bill Gates Career
At 13, he enrolled in the private Lakeside prep school, where he wrote his first software program. Gates took an interest in programming the GE system in BASIC, and he was excused from math classes to pursue his interest. One year Gate’s and his friends exploited bugs in the PDP-10 to get more computer time.
The four students formed the Lakeside Programmers Club to make money. The following year, a Lakeside teacher enlisted Gates and Evans to automate the school’s class-scheduling system, providing them computer time and royalties in return. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. He chose a pre-law major but took mathematics and graduate level computer science courses. While at Harvard, he met fellow student Steve Ballmer. Gates left Harvard after two years while Ballmer stayed.
Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems presented in a combinatorics class by professor Harry Lewis. His solution held the record as the fastest version for over 30 years, and its successor is faster by only 2%.
In 1970, at the age of 15, Gates and Allen went into business together, developing “Traf-o-Data,” a computer program that monitored traffic patterns in Seattle. They netted $20,000 for their efforts. Gates and Allen wanted to start their own company.
In 1975, Gates and Allen formed Micro-Soft. The company’s first product was BASIC software that ran on the Altair computer.
Microsoft’s BASIC software was popular with computer hobbyists, who obtained pre-market copies and were reproducing and distributing them for free.
Microsoft wrote software in different formats for other computer companies, and, at the beginning of 1979, Gates moved the company’s operations to Bellevue, Washington, just east of Seattle.
Although the company started out on shaky footing, by 1979 Microsoft was grossing approximately $2.5 million.
In November 1980, IBM was looking for software that would operate their upcoming PC and approached Microsoft. Legend has it that at the first meeting with Gates someone at IBM mistook him for an office assistant and asked him to serve coffee.
Following the development of software for IBM, between 1979 and 1981 Microsoft’s growth exploded. Staff increased from 25 to 128, and revenue shot up from $2.5 million to $16 million.
By 1983, Microsoft was going global with offices in Great Britain and Japan. An estimated 30 percent of the world’s computers ran on its software.
Gates and his wife founded the Bill & Melinda Gates Foundation with the mission of improving the quality of life for people around the world, primarily in the areas of global health and learning.
Bill Gates’s Net Worth: $138 Billion
In March 1986, Gates took Microsoft public with an IPP of $21 per share, making him an instant millionaire at age 31. Gates held 45 percent of the company’s 24.7 million shares, making his stake at that time $234 million of Microsoft’s $520 million. n 1987, Gates became a billionaire when the stock hit $90.75 a share. To date, Gates has donated $35.8 billion worth of Microsoft stock to the Gates Foundation.