Monday 2 April 2012

Bill Gates

Entrepreneur Bill Gates, born on October 28, 1955, in Seattle, Washington, began to show an interest in computer programming at the age of 13. Through technological innovation, keen business strategy, and aggressive competitive tactics, he and his partner Paul Allen built the world's largest software business, Microsoft. In the process, Bill Gates became one of the richest men in the world.


Early Life

Born William Henry Gates III, on October 28, 1955, in Seattle, Washington. Gates began to show an interest in computer programming at the age of 13 at the Lakeside School. He pursued his passion through college. Striking out on his own with his friend and business partner Paul Allen, Gates found himself at the right place at the right time. Through technological innovation, keen business strategy, and aggressive competitive tactics he built the world's largest software business, Microsoft. In the process he became one of the richest men in the world.

Bill Gates grew up in an upper middle-class family with two sisters: Kristianne, who is older, and Libby, who is younger. Their father, William H. Gates, Sr., was a promising, if somewhat shy, law student when he met his future wife, Mary Maxwell. She was an athletic, outgoing student at the University of Washington, actively involved in student affairs and leadership. The Gates family atmosphere was warm and close, and all three children were encouraged to be competitive and strive for excellence. Bill showed early signs of competitiveness when he coordinated family athletic games at their summer house on Puget Sound. He also relished in playing board games (Risk was his favorite) and excelled in Monopoly.

Bill had a very close relationship with his mother, Mary, who after a brief career as a teacher devoted her time to helping raise the children and working on civic affairs and with charities. She also served on several corporate boards, among them First Interstate Bank in Seattle (founded by her grandfather), the United Way, and International Business Machines (IBM). She would often take Bill along on her volunteer work in schools and community organizations.

Bill was a voracious reader as a child, spending many hours pouring over reference books such as the encyclopedia. Around the age of 11 or 12, Bill's parents began to have concerns about his behavior. He was doing well in school, but he seemed bored and withdrawn at times. His parents worried he might become a loner. Though they were strong believers in public education, when Bill turned 13 they enrolled him in Seattle's Lakeside School, an exclusive preparatory school. He blossomed in nearly all his subjects, excelling in math and science, but also doing very well in drama and English.

While at Lakeside School, a Seattle computer company offered to provide computer time for the students. The Mother's Club used proceeds from the school's rummage sale to purchase a teletype terminal for students to use. Bill Gates becameentranced with what a computer could do and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in BASIC computer language that allowed users to play against the computer.

It was at Lakeside School where Bill met Paul Allen, who was two years his senior. The two became fast friends, bonding on their common enthusiasm over computers,even though they were very different. Allen was more reserved and shy. Bill was feisty and at times combative. They both spent much of their free time together working on programs. Occasionally, they disagreed and would clash over who was right or who should run the computer lab. On one occasion, their argument escalated to the point where Allen banned Gates from the computer lab. On another occasion, Gates and Allen had their school computer privileges revoked for taking advantage of software glitches to obtain free computer time from the company that provided the computers. After their probation, they were allowed back in the computer lab when they offered to debug the program. During this time, Gates developed a payroll program for the computer company the boys hacked into, and a scheduling program for the school.

In 1970, at the age of 15, Bill Gates went into business with his pal, Paul Allen. They developed "Traf-o-Data," a computer program that monitored traffic patterns in Seattle, and netted $20,000 for their efforts. Gates and Allen wanted to start their own company, but Gates' parents wanted him to finish school and go on to college where they hoped he would work to become a lawyer.

Bill Gates graduated from Lakeside in 1973. He scored 1590 out of 1600 on the college SAT test, a feat of intellectual achievement that for several years he boasted about when introducing himself to new people.

Early Career

Gates enrolled at Harvard University in the fall, originally thinking of a career in law. But his freshman year saw him spend more of his time in the computer lab than in class. Gates did not really have a study regimen. Instead, he could get by on a few hours of sleep, cram for a test, and pass with a reasonable grade.

Gates remained in contact with Paul Allen who, after attending Washington State University for two years, dropped out and moved to Boston, Massachusetts, to work for Honeywell. In the summer of 1974, Gates joined Allen at Honeywell. During this time, Allen showed Gates an edition of Popular Electronics magazine featuring an article on the Altair 8800 mini-computer kit. Both boys were fascinated with the possibilities this computer could make toward personal computing. The Altair was made by a small company in Albuquerque, New Mexico, called Micro Instrumentation and Telemetry Systems (MITS). Gates and Allen contacted the company proclaiming they were working on a BASIC software program that would run the Altair computer. In reality, they didn't have an Altair to work with or the code to run it. But they wanted to know if MITSMicrosoft (Gates and Allen dropped the hyphen in less than a year) started off on shaky footing. Though their BASIC software program for the Altair computer netted the company a fee and royalties, it wasn't meeting their overhead. Microsoft's BASIC software was popular with computer hobbyists who obtained pre-market copies and were reproducing and distributing them for free. According to Gates' later account, only about 10 percent of the people using BASIC in the Altair computer had actually paid for it. At this time, much of the personal computer enthusiasts were people not in it for the money. They felt the ease of reproduction and distribution allowed them to share software with friends and fellow computer enthusiasts. Bill Gates thought differently. He saw the free distribution of software as stealing, especially when it involved software that was created to be sold.

In February of 1976, Gates wrote an open letter to computer hobbyists saying that continued distribution and use of software without paying for it would "prevent good software from being written." In essence, pirating software would discourage developers from investing time and money into creating quality software. The letter was unpopular with computer enthusiasts, but Gates stuck to his beliefs and would use the threat of innovation as a defense when faced with charges of unfair business practices.

Gates had a more acrimonious relationship with MITS president Ed Roberts, often resulting in shouting matches. The combative Gates clashed with Roberts on software development and the direction of the business. Roberts considered Gates spoiled and obnoxious. In 1977, Roberts sold MITS to another computer company, and went back to Georgia to enter medical school and become a country doctor. Gates and Allen were on their own. The pair had to sue the new owner of MITS to retain the software rights they had developed for Altair.

Microsoft wrote software in different formats for other computer companies and, at the end of 1978, Gates moved the company's operations to Bellevue Washington, just east of Seattle. Bill Gates was glad to be home again in the Pacific Northwest, and threw himself into his work. All 25 employees of the young company had broad responsibilities for all aspects of the operation, product development, business development, and marketing. With his acumen for software development


Personal Life

In 1989, a 28-year-old Microsoft executive named Melinda French caught the eye of Bill Gates, then 37. The very bright and organized Melinda was a perfect match for Gates. In time, their relationship grew as they discovered an intimate and intellectual connection. On January 1, 1994, Melinda and Bill were married in Hawaii. But only a few months later heartbreak struck Bill Gates as his mother was diagnosed with breast cancer. She died in June 1994. Gates was devastated.

Bill and Melinda took some time off in 1995 to travel to several countries and get a new perspective on life and the world. In 1996, their first daughter, Jennifer, was born. A year later, Gates moved his family into a 55,000 sq ft. $54 million house on the shore of Lake Washington. Though the house serves as a business center, it is said to be a very cozy home for the couple and their three children.

Philanthropic Efforts

With the influence of his wife Melinda, Gates took an interest in filling his mother's role as a civic leader. He began to realize that he had an obligation to give more of his wealth to charity. Being the consummate student he was, Gates studied the philanthropic work of Andrew Carnegie and John D. Rockefeller, titans of the American industrial revolution. In 1994, Gates and his wife established the William H. Gates Foundation which was dedicated to supporting education, world health, and investment in low-income communities. In 2000, the couple combined several family foundations to form the Bill and Melinda Gates Foundation. They started out by making a $28 billion contribution to set up the foundation.

Bill Gates stepped down from the day-to-day operations of Microsoft in 2000, turning over the job of CEO to college friend Steve Ballmer who had been with Microsoft since 1980. He positioned himself as chief software architect so he could concentrate on what was for him the more passionate side of the business. He still remains chairman of the board. Over the next few years, his involvement with the Bill and Melinda Gates Foundation occupied much of his time and even more of his interest. In 2006, Gates announced he was transitioning himself from full-time work at Microsoft, to devote more quality time to the Foundation. His last full day at Microsoft was June 27, 2008.

In addition to all the accolades of being one of the most successful and richest businessmen in the history of the world, Bill Gates has also received numerous awards for philanthropic work. Time magazine named Gates one of the most influential people of the 20th century. The magazine also named Gates, his wife Melinda, and rock band U2's lead singer Bono as the 2005 Persons of the Year.
Gates also holds several honorary doctorates from universities throughout the world and an honorary Knight Commander of the Order of the British Empire by Queen Elizabeth II. In 2006, Gates and his wife were awarded the Order of the Aztec Eagle by the Mexican government for their philanthropic work throughout the world

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