Bill Gates Net Worth: William Henry Bill Gates is the richest person and investor, Writer, business magnate, humanitarian, and philanthropist. Gates is the co-founder of Microsoft and the 2nd wealthiest person as of 2019 according to Forbes from the United States.

How much money does Bill Gates have?

Bill Gates is on the list of the world’s richest people. Bill Gates Net worth holding is $105.4 billion making him the 2nd richest man after Jeff Bezos (Founder of Amazon) having a net worth of $131 billion and Warren Buffett is in 4th position in the Top richest peoples list.

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Bill Gates held the title of the most productive person in the world from 1995 to 2017 except just for four years in between. Bill gates are the owner of the World’s Largest Private Charitable Foundation Bill & Melinda Gates Foundation. This foundation works to save lives and is currently working with Rotary International to eradicate polio.

Early Life:

William Henry Gates was born on October 28TH, 1955 in Seattle, Washington. He had two sisters Kristi Anne was his older sister and Libby, his younger. His father, William Henry Senior, was a lawyer and her mother was an athletic and outgoing student at the University of Washington. Their home environment was between well-educated people who also served as the basis for provoking in him an interest in studies.

As a child, Bill Gates was a nerd, spending a lot of time studying especially Encyclopedia. His parents enrolled him in Seattle’s Lakeside school at the age of 13 years. While his time at school, a company in Seattle offered computer time for the students. Gates was entirely mesmerized by the abilities and functions of a computer. Sooner, He made a game Tic-Tac-Toe using BASIC computer language that allowed the users to play against the computer.

Traff-o-Data Software:

Gates met Allen Paul who was his two years senior in lakeside school. Both had an interest in computers. In 1970, Gates and Allen made a program “Traff-o-data” that allowed the user to monitor the traffic patterns. They made $20,000 from that. Sooner Gates and Allen were separated. Allen got admitted to Washington state university while Gates was at Harvard.

In 1973, he was passed out of his school and enrolled at Harvard University after scoring 1590 out of 1600 in college SAT. He took pre-law as significant but also chose mathematics and computer science course. There he met his friend Ballmer.

Microsoft Company:

Bill Gates and Paul Allen founded a company Microsoft on 4 April 1975. In mid of 1980, Microsoft launched software for personal computer operating systems labeled as MS-DOS and later its name changed to Microsoft Windows.

Allen started working for Honeywell in Massachusetts. During this time he showed an ad for a mini-computer kit Altair 880. It was developed by a company Micro instruments and Telemetry System (MITS). Both Paul and Allen approached the company and told them that they are working on a program that would run that Altair, but in reality, they had no Altair to develop such a plan. MITS president, Ed Roberts asked the boys for the demonstration of the product. Gates and Allen started to work tirelessly in Harvard’s labs, and at last, after two months, they wrote a program without running it. They demonstrated the program to MITS, and it ran successfully.

Allen got a job at MITS, and Bill Gates dropped out of Harvard University. In 1975, they formed a company named “Micro-soft”, Micro from the word microcomputers, and soft from the software.

Microsoft’s BASIC software:

Microsoft’s BASIC software for Altair made much worth for the company, but soon Gates found out that the software was being pirated and copied on other computers and he is only getting paid by 10% of users. Gates sent a letter to computer hobbyists warning them about the free use of the programs by saying that it would discourage the developers from producing quality software, but no one took it seriously.

In 1977, Ed Roberts sold the company and went to study medicine to become a doctor. Now Microsoft needed ahead to maintain their rights for the software they developed for Altair. In 1979, Bill Gates, by the age of 23, put himself as the head of the company. Due to the tireless efforts of Bill Gates’s mother, Mary, who was a well-recognized and well-respected person at IBM, he was able to meet the CEO of IBM.

In November 1980, IBM needed software for its upcoming computer. Bill Gates convinced IBM that he would fulfill their need. Although Microsoft did not develop such a program to run on IBM’s computer. Bill made a deal with Gray Kendall, a software developer, and bought software that was able to run on IBM’s supercomputer.

He sold the software to IBM for $50,000 for the same price as he bought from Gray Kildall. This software later came to be known as MS-DOS. Gates made Microsoft a licensing agent allowing it to provide the software to other computer manufacturers. `

By 1981, Microsoft’s net worth increased to $16 million. In 1981, he started working with Steve, the owner of Apple Company. Apple Company developed VisiCorp, a software that would provide a graphic user interface on Macintosh systems which was far better than MS-DOS. Bill Gates, seeing the competition announced that he is working on a system that would provide a graphic user interface. Although at that time, Microsoft wasn’t working on any of such products.

In 1983, Microsoft established its office in Japan and Britain. Two years later in November 1985, Microsoft released Microsoft Windows, a software that would provide a graphic user interface and the users would be able to operate the computers with a mouse.

In 1989, Microsoft made another breakthrough by releasing Microsoft office into the market. Releasing the Newer version of Microsoft windows competed against the other operating systems and sooner overwhelmed the market due to which other operating systems like OS/2 soon lost their market and worth.

In 1990, Microsoft faced investigations from the Federal Trade Commission and the justice department, making the allegations that Microsoft made unfair deals with other computer developers such as forcing them to use their products. But soon the matter was settled.

Gates announced that he would be giving more time to his foundation “The Bill And Melinda Gates Foundation” which they established back in 1994.

In 2000, Bill Gates stepped down as CEO of Microsoft making Ballmer, his friend from Harvard University from back in 1973 and who had been working in Microsoft since1980, as CEO of Microsoft.

In February 2014, Gates stepped down as Chairman of Microsoft and became the Technology Advisor. In 2018, he met with the crown prince of Saudi Arabia Muhammad Bin Salman to discuss the opportunities of investing in Saudi Vision 2030. In 2019, he became the advisory member of the Bloomberg New Economy Forum.