Wednesday, February 1, 2012

No.2 William Gates III

William Bill Gates

                                         Net Worth: $56 billion (up from $50 billion)
                                         Fortune: Self made
                                         Age: 55
                                         Residence: Medina, Washington, USA
                                         Country of Citizenship: United States
                                         Source: Microsoft
                                         Industry: Software
                                         Education: Dropout, Harvard University
                                         Marital Status: Married
                                         Children: 3

     William Henry "Bill" Gates III, born October 28, 1955 is an American business magnate, investor, philanthropist, and author. Gates is the former CEO and current chairman of Microsoft, the software company he founded with Paul Allen. 

     He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third, in 2011 he was the wealthiest American and the second wealthiest person. 

      Microsoft mogul, futurist and America’s richest person has, with help from billionaire buddy Warren Buffett, convinced nearly 60 of the world’s wealthiest to sign his “Giving Pledge,” promising to donate the majority of their wealth to charity either during their lifetime or after death. He is no longer the planet’s richest person, but that’s because he’s given away $30 billion to his foundation. The Gates Foundation, the world’s most influential charity, tackles tuberculosis and polio and funds famine-resistant crops to fight hunger. Gates holds 70% of his wealth in investment fund Cascade, dabbling in everything from autos to hedge funds to Mexican Coke bottler Femsa; the rest of his wealth is held in Microsoft stock.

     During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder, with 6.4 percent of the common stock. He has also authored or co-authored several books.


     Gates is one of the best-known entrepreneurs of the personal computer revolution. Gates has been criticized for his business tactics, which have been considered anti-competitive, an opinion which has in some cases been upheld by the courts.In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.


    Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer. Gates' last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.

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