Bill Gates Net Worth, Wiki, Age, Childs, Wife, Height, Weight, Biography & More updates

Bill Gates is one of them from World’s Richest Man. Read here Bill Gates Net worth income and age, Wiki, biography, Melinda Ann French and Bill Gates Divorced Reasons and Net Worth income after separation.

Who is Bill Gates?

William Henry Gates III (born October 28, 1955) is an American business magnate, software developer, investor, author, and philanthropist. He is the co-founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is considered one of the best known entrepreneurs of the microcomputer revolution of the 1970s and 1980s.

Bill Gates Wiki / Biography:

Born / Age
William Henry Gates III

October 28, 1955 

Seattle, Washington, U.S.
Age: 65 years and 6 months
Education Harvard University (dropped out)
Occupation
  • Software developer
  • investor
  • entrepreneur
Years active 1975–present
Known for Co-founder of Microsoft
Net worth Decrease US$145.1 billion (As of May 1, 2021)
Title
  • Co-chairman and co-founder of the Bill & Melinda Gates Foundation
  • Chairman and founder of Branded Entertainment Network
  • Chairman and founder of Cascade Investment
  • Chairman and co-founder of TerraPower
  • Founder of Breakthrough Energy
Board member of Berkshire Hathaway
Spouse(s)
Melinda French
(m. 1994sep. 2021)

Children 3
Parents
  • Bill Gates Sr. (father)
  • Mary Maxwell (mother)
Website www.gatesnotes.com
Signature
Gates' signature

William Henry Gates III (born October 28, 1955) is an American business magnate, software

Bill Gates Early Life & Career:

Bill Gates was born in Seattle, Washington, on October 28, 1955. He is the son of William H. Gates Sr. (1925–2020) and Mary Maxwell Gates (1929–1994). His ancestry includes English, German, and Irish/Scots-Irish. 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.

Gates’s maternal grandfather was J. W. Maxwell, a national bank president. Gates has an older sister Kristi (Kristianne) and a younger sister Libby. He is the fourth of his name in his family but is known as William Gates III or “Trey” (i.e., three) because his father had the “II” suffix. The family lived in the Sand Point area of Seattle in a home that was damaged by a rare tornado when Gates was seven years old.

Early in his life, Gates observed that his parents wanted him to pursue a law career. When he was young, his family regularly attended a church of the Congregational Christian Churches, a Protestant Reformed denomination.  

Gates was small for his age and was bullied as a child. The family encouraged competition; one visitor reported that “it didn’t matter whether it was hearts or pickleball or swimming to the dock; there was always a reward for winning and there was always a penalty for losing”.

At 13, he enrolled in the private Lakeside prep school, where he wrote his first software program. When he was in the eighth grade, the Mothers’ Club at the school used proceeds from Lakeside School’s rummage sale to buy a Teletype Model 33 ASR terminal and a block of computer time on a General Electric (GE) computer for the students.

Gates took an interest in programming the GE system in BASIC, and he was excused from math classes to pursue his interest. He wrote his first computer program on this machine, an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by the machine and how it would always execute software code perfectly.

After the Mothers Club donation was exhausted, Gates and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC) which banned for the summer Gates, Paul Allen, Ric Weiland, and Gates’s best friend and first business partner Kent Evans, after it caught them exploiting bugs in the operating system to obtain free computer time.

The four students formed the Lakeside Programmers Club to make money. At the end of the ban, they offered to find bugs in CCC’s software in exchange for extra computer time. Rather than use the system remotely via Teletype, Gates went to CCC’s offices and studied source code for various programs that ran on the system, including Fortran, Lisp, and machine language. The arrangement with CCC continued until 1970 when the company went out of business.

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. The duo worked diligently in order to have the program ready for their senior year.

Towards the end of their junior year, Evans was killed in a mountain climbing accident, which Gates has described as one of the saddest days of his life. Gates then turned to Allen who helped him finish the system for Lakeside.

At 17, Gates formed a venture with Allen called Traf-O-Data to make traffic counters based on the Intel 8008 processor. In 1972, he served as a congressional page in the House of Representatives.

He was a National Merit Scholar when he graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the Scholastic Aptitude Tests (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 and graduated magna cum laude. Years later, Ballmer succeeded Gates as Microsoft’s CEO and maintained that position from 2000 until his resignation in 2014.

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%. His solution was formalized and published in collaboration with Harvard computer scientist Christos Papadimitriou.

Gates remained in contact with Paul Allen and joined him at Honeywell during the summer of 1974.  In 1975, the MITS Altair 8800 was released based on the Intel 8080 CPU, and Gates and Allen saw the opportunity to start their own computer software company.

Gates dropped out of Harvard that same year. His parents were supportive of him after seeing how much he wanted to start his own company. He explained his decision to leave Harvard: “if things hadn’t worked out, I could always go back to school. I was officially on leave.”

Bill Gates and Melinda Divorced

Why are Melinda and Bill Gates getting divorced

Melinda began dating Microsoft CEO Bill Gates in 1987, after meeting him at a trade fair in New York. In 1994, she married Gates in a private ceremony held in Lanai, Hawaii. They have three children: Jennifer, Phoebe and Rory Gates. The family resides in Xanadu 2.0, an earth-sheltered mansion overlooking Lake Washington in Medina, Washington. The family also owns an oceanfront residence in Del Mar, California.

Gates and her husband were suggested as possible vice-presidential picks in the 2016 United States presidential election, according to a reportedly hacked email published by WikiLeaks from Hillary Clinton’s campaign chairman, John Podesta.

In 2021, Gates and her husband announced that they had decided to divorce following 27 years of marriage, and 34 years as a couple.

Bill Gates Net Worth:

According to the Bloomberg Billionaires Index, Gates was the world’s highest-earning billionaire in 2013, Since 1987, Gates has been included in the Forbes list of the world’s wealthiest people, an index of the wealthiest documented individuals, excluding and ranking against those with wealth that is not able to be completely ascertained. From 1995 to 2017, he held the Forbes title of the richest person in the world all but four of those years and held it consistently from March 2014 – July 2017, with an estimated net worth of US$89.9 billion as of October 2017. However, on July 27, 2017, and since October 27, 2017, he has been surpassed by Amazon founder and CEO Jeff Bezos, who had an estimated net worth of US$90.6 billion at the time. As of May 5, 2018, Gates had a net worth of $91.5 billion, making him the second-richest person in the world, behind Bezos. As of January 2014, most of Gates’ assets are held in Cascade Investment LLC, an entity through which he owns stakes in numerous businesses, including Four Seasons Hotels and Resorts, and Corbis Corp. On February 4, 2014, Gates stepped down as chairman of Microsoft to become Technology Advisor alongside new CEO Satya Nadella.

Bill Gates Net Worth in 2021

130.5 billion USD

 

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