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Bill Gates

William Henry "Bill" Gates, III (born October 28, 1955) is an American business magnate, philanthropist, investor, computer programmer, and inventor.



He is consistently ranked in the Forbes list of 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 world's second wealthiest person. According to the Bloomberg Billionaires List, Gates became the world's richest person again in May 2013, a position that he last held on the list in 2007. As of June 2014, he is still the richest.

As founder of Microsoft, Bill Gates is one of the most influential and richest people on the planet. Recent estimates of his wealth put it at $56 billion, this is the equivalent of the combined GDP of several African economies. In recent years he has retired from working full time at Microsoft, instead he has concentrated on working with his charitable foundation “The Bill and Melinda Gates Foundation”

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 judicial 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 studied the work of Andrew Carnegie and John D. Rockefeller, and in 1994 sold some of his Microsoft stock to create the "William H. Gates Foundation." In 2000, Gates and his wife combined three family foundations to create the charitable "Bill & Melinda Gates Foundation," which was identified by the Funds for NGOs company in 2013 as the world's wealthiest charitable foundation, with assets reportedly valued at more than US$34.6 billion. The Foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust.

Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence. Gates and his father met with Rockefeller several times, and their charity work is partly modeled on the Rockefeller family's philanthropic focus, whereby they are interested in tackling the global problems that are ignored by governments and other organizations. As of 2007, Bill and Melinda Gates were the second-most generous philanthropists in America, having given over US$28 billion to charity, the couple plan to eventually donate 95 percent of their wealth to charity

Source : Wikipedia