Quick Facts
- NAME: Bill Gates
- OCCUPATION: Entrepreneur
- BIRTH DATE: October 28, 1955 (Age: 57)
- EDUCATION: Lakeside School, Harvard College
- PLACE OF BIRTH: Seattle, Washington
- Full Name: William Henry Gates III
- ZODIAC SIGN: Scorpio
Best Known For
Entrepreneur Bill Gates founded the world's largest software business, Microsoft, with Paul Allen and became one of the richest men in the world.
Videos see all videos
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Bill Gates - Mini Biography (3:42)
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Bill Gates - Help from Mom (0:59)
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Bill Gates - Charity (0:56)
Bill Gates - Mini Biography
Bill Gates and his partner Paul Allen built the world's largest software business, Microsoft. He became one of the richest men in the world and a major philanthropist through the Bill & Melinda Gates Foundation.
Bill Gates - Schoolboy to Businessman
As a teenager, Bill Gates became obsessed with computers.
Bill Gates - Help from Mom
Mary Gates played a big part early on in the success of her son Bill and his upstart company, Microsoft.
Bill Gates - Charity
Bill and Melinda Gates started the Bill and Melinda Gates Foundation which helps people and organizations all over the world.
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Quiz
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Play NowBill Gates. (2013). The Biography Channel website. Retrieved 05:11, May 24, 2013, from http://www.biography.com/people/bill-gates-9307520.
Bill Gates. [Internet]. 2013. The Biography Channel website. Available from: http://www.biography.com/people/bill-gates-9307520 [Accessed 24 May 2013].
"Bill Gates." 2013. The Biography Channel website. May 24 2013, 05:11 http://www.biography.com/people/bill-gates-9307520.
"Bill Gates," The Biography Channel website, 2013, http://www.biography.com/people/bill-gates-9307520 [accessed May 24, 2013].
"Bill Gates," The Biography Channel website, http://www.biography.com/people/bill-gates-9307520 (accessed May 24, 2013).
Bill Gates [Internet]. The Biography Channel website; 2013 [cited 2013 May 24] Available from: http://www.biography.com/people/bill-gates-9307520.
Bill Gates, http://www.biography.com/people/bill-gates-9307520 (last visited May 24, 2013).
Bill Gates. The Biography Channel website. 2013. Available at: http://www.biography.com/people/bill-gates-9307520. Accessed May 24, 2013.
He personally reviewed every line of code the company shipped, often rewriting code when he saw it necessary. As the computer industry began to grow with companies like Apple, Intel, and IBM developing hardware and components,
Contents
Bill was continuously out on the road touting the merits of Microsoft software applications. He often took his mother with him. Mary was highly respected and well connected with her membership on several corporate boards including IBM. It was through Mary that Bill Gates met the CEO of IBM.
In November 1980, IBM was looking for software that would operate their upcoming personal computer (PC) and approached Microsoft. Legend has it that at the first meeting with Bill Gates someone at IBM mistook him for an office assistant and asked him to serve coffee. Gates did look very young, but he quickly impressed IBM, convincing them that he and his company could meet their needs. The only problem was that Microsoft had not developed the basic operating system that would run IBM's new computers. Not to be stopped, Gates bought an operating system that was developed to run on computers similar to IBM's PC. He made a deal with the software's developer, making Microsoft the exclusive licensing agent and later full owner of the software but not telling them of the IBM deal. The company later sued Microsoft and Gates for withholding important information. Microsoft settled out of court for an undisclosed amount, but neither Gates nor Microsoft admitted to any wrong doing.
Gates had to adapt the newly purchased software to work for the IBM PC. He delivered it for a $50,000 fee, the same price he had paid for the software in its original form. IBM wanted to buy the source code, which would have given them the information to the operating system. Gates refused, instead proposing that IBM pay a licensing fee for copies of the software sold with their computers. Doing this allowed Microsoft to license the software they called MS-DOS to any other PC manufacturer, should other computer companies clone the IBM PC, which they soon did. Microsoft also released software called Softcard, which allowed Microsoft BASIC to operate on Apple II machines.
Between 1978 and 1981, Microsoft's growth exploded, and staff increased from 25 to 128. Revenue also shot up from $4 million to $16 million. In mid-1981 Gates and Allen incorporated Microsoft, and Gates was appointed president and chairman of the board. Allen was named executive vice-president.
By 1983, Microsoft was going global with offices in Great Britain and Japan, and with 30 percent of the world's computers running on its software. But 1983 also brought news that rocked Microsoft to its very foundation. Paul Allen was diagnosed with Hodgkin's disease. Though his cancer went into remission a year later with intensive treatment, Allen resigned from company that same year. Rumors abound as to why Allen left Microsoft. Some say Bill Gates pushed him out, but many say it was a life-changing experience for Allen and he saw there were other opportunities that he could invest his time in.
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View groupThey spent their lives amassing millions—sometimes even billions—then promised to give most of it away. Here are a few of the wealthiest one percent who have promised the majority of their fortunes to philanthropies and charitable organizations. Through their example, maybe more moguls will take up the banners of bigger causes.
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View groupFacebook, Twitter, Google, iPhone— they're the names of technologies so pervasive in our 21st century lives that we've started using them as verbs. Behind these technologies are individuals whose ingenuity and enterprising spirit have profoundly changed our lives. Far from being computer nerds, these tech geniuses are billionaire celebrities, household names and the subjects of hit movies. From Steve Jobs of Apple to Mark Zuckerburg of Facebook, here are the most famous modern titans of tech.
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