Thursday, April 17, 2008

William Henry Gates III, KBE (born 28 October 1955),[2] commonly known as Bill Gates, is an American entrepreneur, software executive, philanthropist, the world's third richest man (as of 2008),[1] and chairman of Microsoft, the software company he founded with Paul Allen. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the individual shareholder with the most shares, with more than 9 percent of the common stock.[3]

Gates was born in Seattle, Washington and excelled in school early on. He enrolled at Harvard College in 1973, where he met Steve Ballmer and who would later become CEO of Microsoft. After reading the January 1975 issue of Popular Electronics, Gates contacted Micro Instrumentation and Telemetry Systems and provided them with the Altair BASIC, and thus Microsoft was formed. This led to a partnership with IBM that required Microsoft to make the BASIC interpreter for the IBM PC. Later on, Gates struck another deal with IBM, allowing IBM to package Microsoft's PC-DOS software with IBM's personal computers in exchange for a fee paid to Microsoft for every computer sold. This deal established Microsoft as a major player in the software industry.

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