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William Henry GATES III

Primary Position:
Co-Chairman
Primary Company:
Bill & Melinda Gates Foundation
Estimated Net Worth:
At least $87.8 billion
Source of Wealth:
Self-Made
Age:
61
Birthday:
28 October 1955
Religion:
Agnostic
Nationality:
United States
Hometown:
Seattle, Washington, United States
Marital Status:
Married

Biography

Gates was born in Seattle, Washington in 1955. He started programming computers at the age of 13. In 1975, he left Harvard University to found Microsoft with his childhood friend, Paul Allen. He struck a deal to install Microsoft Disk Operating System in IBM computers, followed by several new software developments that led to the growth of the company. The company was incorporated in 1981 and successfully went public in 1986. In 1989, Gates founded Corbis as Interactive Home Systems (IHS) to provide access to digital ...

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Education History

Institution Name:
Harvard University
Qualification Name:
Dropped Out
Education Type:
Undergraduate
Start Date:
1973
End Date:
1975
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Interesting Facts

In July 2014, Gates, along with Warren Buffett, the Chairman of Omaha, Nebraska-based multinational conglomerate Berkshire Hathaway, and Sheldon Adelson, the Chairman of Nevada, Las Vegas -based resort company Las Vegas Sands, criticized the U.S. Congress over its failure to revamp immigration laws. In an op-ed posted in American daily newspaper The New York Times, they wrote, "The three of us vary in our politics and would differ also in our preferences about the details of an immigration reform bill. But we could without a doubt come to together to draft a bill acceptable to each of us and it's time this brand of thinking finds its way to Washington." They believed that the U.S. should adopt a clear interest in enacting immigration legislation that would favor both immigrants living in the U.S. and for the well-being of the U.S. citizens. The response came after John Boehner, the Republican Speaker in the United States House of Representatives, did not agree to pass the bill to reform the immigration law, which was suggested by the U.S. President, Barack Obama.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Sports - Golf
Description: Appears to enjoy golf. However, in 2010, he reportedly stopped playing the sport.

Kind of Interests, Passion and Hobbies: Reading
Description: Avid reader with a library at his home. Favorite books include "The Great Gatsby," "The Catcher in the Rye" and "A Separate Peace." His favorite business book is "Business Adventures" by American writer, John Brooks. Warren Buffett, Chairman and CEO of Berkshire Hathaway and Gates' friend, reportedly lent his personal copy of "Business Adventures" to Gates in 1991.

Kind of Interests, Passion and Hobbies: Aviation - Private Jet
Description: Reportedly owns two Bombardier Global Express aircraft. Also appears to own a Dassault Falcon 7X.

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Philanthropy

Giving Profile: Gates founded the William H. Gates Foundation in 1994. Three years later, he and his wife, Melinda, created the Gates Library Foundation, which aimed to bring public access computers with Internet connections to libraries in the U.S. It was renamed the Gates Learning Foundation in 1999 and in 2000, the two groups merged to become the Bill & Melinda Gates Foundation. Since its inception, the Seattle, Washington-based non-profit organization has given more than $36 billion in grant payments to various philanthropic causes. Recipients include GAVI Alliance, World Health Organization, The Rotary Foundation, The Global Fund to Fight AIDS, Tuberculosis, Malaria, Nasscom Foundation and the UNICEF. In 1995, Microsoft started the "Libraries Online" initiative, a joint venture with the American Library Program. Through the initiative, Microsoft reportedly donated software and $17 million to more than 200 U.S. libraries. In October 2014, the Bill & Melinda Gates Foundation pledged $50 million to the fight against Ebola in west Africa including the zones of Guinea, Sierra Leone, and Liberia. The money would support research and fund Ebola care efforts that are both private and public. In October 2014, Gates reportedly announced to donate more than $500 million through the Bill & Melinda Gates Foundation to fight malaria and other infectious diseases in the developing world, which includes more than $150 million to the PATH Malaria Vaccine Initiative to advance development of next-generation malaria vaccines, and $29 million to the Clinton Health Access Initiative to support malaria elimination efforts in Southern Africa and the Greater Mekong Sub-region of Southeast Asia. He also announced that the foundation has boosted its annual funding for malaria by 30%. In November 2014, the Bill & Melinda Gates Foundation pledged an additional $5.7 million to fight the Ebola epidemic. The foundation aims to scale up production of the treatments for the blood-based therapies and antiviral treatments project in Guinea and other Ebola-affected countries in Africa. In November 2014, the Bill & Melinda Gates Foundation reportedly announced that all the research funded by them would be accessible by everyone for free under their new open access policy. The policy was reported to take effect from January 2017. In May 2015, the Bill & Melinda Gates Foundation donated $75 million to set up a disease surveillance initiative called "Child Health and Mortality Prevention Surveillance Network (Champs)" to investigate childhood deaths in developing countries. In January 2016, Gates along with Aliko Dangote, Nigerian Entrepreneur and Founder of industrial conglomerate Dangote Group, pledged to donate $100 million to help eradicate malnutrition in Nigeria. In February 2016, the Bill & Melinda Gates Foundation and The Dangote Foundation pledged to donate $42 million to eradicate polio in Nigeria by 2018. In May 2016, the foundation pledged a $38 million grant to Japanese pharmaceutical company, Takeda Pharmaceuticals to manufacture a low-cost polio vaccine for use in developing countries. In the same month, the foundation pledged $80 million over three years to close gender data gaps and advance opportunities for girls and women around the world. In August 2016, Bill and Melinda Gates Foundation donated $1 million to the Government of Borno, Nigeria, to distribute food items and farm outreach committee targeting 40,000 victims of insurgency caused by terrorist organization Boko Haram.

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