Bill Gates Net Worth

William Henry Gates Net Worth

Real Name: William Henry Gates
Date of Birth: 10/28/1955
Place of Birth: Seattle, WA

2017 Net Worth: $80.8 Billion
2016 Earnings: $9 Billion

Profession: Entrepreneur

Bill Gates Biography


William Henry Gates was born in Seattle on October 28, 1955. He began to show interest in computers at age 13 when he was a student at exclusive Lakeside School in Seattle. A local computer company offered to provide computer time for students and the Mother’s Club used the proceeds from a bake sale to buy a teletype terminal.

During this time, Gates wrote a tic-tac-toe program in BASIC computer language that allowed the user to play against the computer.

At Lakeside Gates met fellow student Paul Allen and the two became good friends, bonding over their shared enthusiasm for computers. The friends spent time together working on computer programs.

After graduating from Lakeside in 1973, Gates went on to Harvard University. After one year he dropped out of Harvard and joined his old friend Paul Allen working at Honeywell.

In 1975 the friends started Micro-Soft, a blend of “micro-computer” and “software.” In 1978 when Gates was 23 he was managing the 25-person company with revenue of $2.5 million.

In 1980 Microsoft teamed up with IBM to develop the software for the operating system that would run IBM’s new personal computer (PC). This was the birth of MS-DOS and Microsoft as it is known today.

The company’s growth exploded and Gates, as the head of the company, saw his net worth grow exponentially.

Today Bill Gates is valued at $80.8 billion. His shares of Microsoft added $9 billion to his net worth last year. He is also heavily invested in Canadian National Railway, trash company Republic Services, tractor maker Deere & Co., South American McDonald’s franchise Arcos Dorados, and has an investment company, Cascade.

Gates and his wife, Melinda, operate the charitable organization the Bill and Melinda Gates Foundation, which has given away $30 billion since 2000 to such causes as the eradication of Smallpox, Polio, and Malaria and AIDS research.

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: