Bill Gates announced his surprise decision last week to step down from the day-to-day running of Microsoft in 2008, said he would have continued working "super hard" for developing software if the Bill and Melinda Gates Foundation didn't exist. I was feeling an increased desire to spend more time on foundation work," Gates told Newsweek in an interview. Gates is ranked by Forbes magazine as the world's richest man, with an estimated wealth of about $50 billion. That great wealth, he said, also brings great responsibility.
He will give up his day-to-day involvement with Microsoft over the next two years to devote his energies to the Bill and Melinda Gates Foundation
Now, Chief Technical Officer Craig Mundie will immediately take the new title of chief research and strategy officer and will work with Gates in those areas. Mundie also will partner with general counsel Brad Smith to guide Microsoft's intellectual property and technology policy efforts. Mundie, 56, joined Microsoft in 1992 to create and run its Consumer Platforms Division, which was responsible for non-personal computer software. Mundie also started Microsoft's digital TV efforts. His current responsibilities include global technology policy and a variety of technical and business incubation efforts.
Bill Gates, the world's richest man who announced on Thursday his decision of handing over the title of Microsoft "chief software architect" to Ray Ozziesaid in two years time said, "it was always clear that that day would come at some point.
"This was a hard decision for me," said Gates, who founded the world's largest software company with childhood friend Paul Allen. "I'm very lucky to have two passions that I feel are so important and so challenging. As I prepare for this change, I firmly believe the road ahead for Microsoft is as bright as ever."
In an era when the world's rich just don't know when to stop, Gates decided to call it quits at the top of the heap.
On October 28, 1955, shortly after 9:00 p.m., William Henry Gates III was born.
his father was a prominent lawyer. In elementary school he quickly surpassed all of his peer's abilities in nearly all subjects, especially math and science. His parents recognized his intelligence and decided to enroll him in Lakeside, a private school known for its intense academic environment. This decision had far reaching effects on Bill Gates's life. For at Lakeside, Bill Gates was first introduced to computers.
It was not long before the young hackers started causing problems. They caused the system to crash several times and broke the computers security system. They even altered the files that recorded the amount of computer time they were using. They were caught and the Computer Center Corporation banned them from the system for several weeks.
They were determined to find a way to apply their computer skills in the real world. The first opportunity to do this was a direct result of their mischievous activity with the school's computer time.
The Computer Center Corporation's business was beginning to suffer due to the systems weak security and the frequency that it crashed. Impressed with Gates and the other Lakeside computer addicts' previous assaults on their computer, the Computer Center Corporation decided to hire the students to find bugs and expose weaknesses in the computer system. In return for the Lakeside Programming Group's help, the Computer Center Corporation would give them unlimited computer time. The boys could not refuse. Gates is quoted as saying "It was when we got free time at C-cubed (Computer Center Corporation) that we really got into computers. I mean, then I became hardcore. It was day and night". Although the group was hired just to find bugs, they also read any computer related material that the day shift had left behind. The young hackers would even pick employees for new information. It was here that Gates and Allen really began to develop the talents that would lead to the formation of Microsoft seven years later.
Their first opportunity came early when Information Sciences Inc. hired them to program a payroll program.
ISI had agreed to give them royalties whenever it made money from any of the groups programs. As a result of the business deal signed with Information Sciences Inc., the group also had to become a legal business. Gates and Allen's next project involved starting another company entirely on their own, Traf-O-Data. They produced a small computer which was used to help measure traffic flow. From the project they grossed around $20,000. The Traf-O-Data company lasted until Gates left for college.
In his senior year, Gates and Allen continued looking for opportunities to use their skills and make some money. It was not long until they found this opportunity. The defense contractor TRW was having trouble with a bug infested computer similar to the one at Computer Center Corporation. TRW had learned of the experience the two had working on the Computer Center Corporation's system and offered Gates and Allen jobs. However thing would be different at TRW they would not be finding the bugs they would be in charge of fixing them. "It was at TRW that Gates began to develop as a serious programer," and it was there that Allen and Gates first started talking seriously about forming their own software company.
In the fall of 1973, Bill Gates left home for Harvard University. He had no idea what he wanted to study, so he enrolled as prelaw. Gates took the standard freshman courses with the exception of signing up for one of Harvard's toughest math courses. He did well but just as in high school, his heart was not in his studies. After locating the school's computer center, he lost himself in the world of computers once again.
Gates would spend many long nights in front of the school's computer and the next days asleep in class. Paul Allen and Gates remained in close contact even with Bill away at school. They would often discuss ideas for future projects and the possibility of one day starting a business. At the end of Gates's first year at Harvard, the two decided that Allen should move closer to him so that they may be able to follow up on some of their ideas. That summer they both got jobs working for Honeywell. As the summer dragged on, Allen began to push Bill harder with the idea that they should open a software company. Gates was still not sure enough to drop out of school. The following year, however, that would all change.
The Birth of Microsoft :
In December of 1974, Allen was on his way to visit Gates when along the way he stopped to browse the current magazines. What he saw changed his and Bill Gates's lives forever. On the cover of Popular Electronics was a picture of the Altair 8080 and the headline "World's First Microcomputer Kit to Rival Commercial Models." He bought the issue and rushed over to Gates's dorm room. They both recognized this as their big opportunity. The two knew that the home computer market was about to explode and that someone would need to make software for the new machines.
Within a few days, Gates had called MITS (Micro Instrumentation and Telemetry Systems), the makers of the Altair. He told the company that he and Allen had developed a BASIC that could be used on the Altair. This was a lie. They had not even written a line of code. They had neither an Altair nor the chip that ran the computer. The MITS company did not know this and was very interested in seeing their BASIC. So, Gates and Allen began working feverishly on the BASIC they had promised. The code for the program was left mostly up to Bill Gates while Paul Allen began working on a way to simulate the Altair with the schools PDP-10. Eight weeks later, the two felt their program was ready. Allen was to fly to MITS and show off their creation. The day after Allen arrived at MITS, it was time to test their BASIC.
Entering the program into the company's Altair was the first time Allen had ever touched one. If the Altair simulation he designed or any of Gates's code was faulty, the demonstration would most likely have ended in failure. This was not the case, and the program worked perfectly the first time. MITS arranged a deal with Gates and Allen to buy the rights to their BASIC. Gates was convinced that the software market had been born. Within a year, Bill Gates had dropped out of Harvard and Microsoft was formed.
HELP HIM AND BLESS HIM FOR THE NOBLE CAUSE HE IS WORKING ON.