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bill gates

Bill Gates

Bill Gates’s Favorite Books

Occupation: Software developer, investor, entrepreneur

Birthday: October 28, 1955

Age: 66

Birthplace: Seattle, Washington, U.S.

College: Harvard (dropped out)

Nationality: United States

Birth Sign: Scorpio

OVERVIEW

William Henry Gates III is the co-founder of Microsoft, along with his late childhood friend Paul Allen

Bill Gates Career

Bill Gates was born in Seattle, Washington. His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way of America.

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.

bill gates harvard

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%. 

Traf-o-Data

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.bill gates paul allen

Microsoft

In 1975, Gates and Allen formed Micro-Soft. The company’s first product was BASIC software that ran on the Altair computer.

bill gates altair

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.

bill gates windows

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. 

bill gates microsoft

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.

Bill & Melinda Gates Foundation 

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 and melinda gates

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.

Bill Gates’s homes

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