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Bill Gates is an American business magnate, software developer, and philanthropist best known as the principal founder of Microsoft Corporation. He was born on October 28, 1955, in Seattle, Washington. His father, William H. Gates Sr., was a prominent lawyer, while his mother, Mary Maxwell Gates, served on the boards of several organizations, including First Interstate BancSystem and the United Way.
Gates showed an early interest in computer programming. While attending Lakeside School, a private preparatory school in Seattle, he wrote his first software program. It was at Lakeside where he met Paul Allen, with whom he would later co-found Microsoft. Gates was recognized for his academic excellence and became a National Merit Scholar. He enrolled at Harvard University in 1973, where he later met Steve Ballmer—who would eventually serve as Microsoft’s CEO.
In 1975, Bill Gates and Paul Allen co-founded Microsoft, which grew to become the world's largest personal computer software company. Their early focus on developing a version of the BASIC programming language for the Altair 8800 computer helped lay the foundation for Microsoft’s success. Over the years, Microsoft secured its position as a pioneer in the tech industry with the widespread adoption of its Windows operating system and other software products.
In 2000, Bill Gates and his then-wife, Melinda French Gates, established the Bill & Melinda Gates Foundation. With assets exceeding $50 billion, it is the largest private philanthropic foundation in the United States. The foundation addresses global issues in public health, education, and poverty alleviation, supporting causes such as disease eradication, sanitation, clean water access, and agricultural development.
By 2013, Gates had personally donated more than $28 billion to the foundation. Through this philanthropic work, Gates has shifted public perceptions—from being solely a technology mogul to becoming one of the world's most influential philanthropists.
In 2010, Bill Gates partnered with investor Warren Buffett to launch The Giving Pledge. This initiative encourages billionaires to commit at least half of their wealth to charitable causes during their lifetimes or in their wills. The movement has gained global traction and includes hundreds of signatories across the world.
Gates stepped down from his day-to-day role at Microsoft in 2008 and left the company’s board in 2020 to focus entirely on his philanthropic efforts. His legacy is not only defined by his contribution to the technology industry but also by his unparalleled commitment to global humanitarian work.
As of early 2024, Bill Gates' net worth is estimated to be around $114 billion, according to the Bloomberg Billionaires Index. While he has consistently ranked among the world’s wealthiest individuals for decades, Gates' extensive philanthropic contributions have significantly influenced how his fortune is perceived and utilized.
Through his business ventures and philanthropic endeavors, Gates has remained a highly influential figure in both the technology and nonprofit sectors, continuing to shape global development initiatives and innovation.
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