BILL GATES – Biography, Age, Family, Net-worth & Businesses

BILL GATES – Biography, Age, Family, Net-worth & Businesses

WHO IS BILL GATES?

Microsoft, the world’s largest PC software corporation, is co-founded by Bill Gates, an American business mogul and computer programmer.

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Gates has served in a variety of capacities inside the corporation since its inception in 1975, including the chairman, CEO, and chief software architect. He has been routinely ranked among the world’s richest individuals since 1987, making him one of the most well-known entrepreneurs of the personal computer revolution.

BILL GATES – Biography Age Family Net-worth & Businesses

BIOGRAPHY

Gates was born on October 28, 1955, to William Henry “Bill” Gates Sr. and Mary Maxwell “Maxi” Gates. His father was a well-known lawyer, and his mother served on the boards of First Interstate Bank and the United Way. He has two siblings.

He became interested in computers while attending the Lakeside School. Having written his first computer program at the age of 13 for the school’s computer, he and his pals had computerized their school’s payroll system by the time they were in high school.

BILL GATES – Biography Age, Family, Net-worth & Businesses

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Paul Allen was a senior at Lakeside when he met his future business partner. Traf-O-Data was founded by Gates and Allen when they were 17 years old to produce traffic counters using the Intel 8008 processor.

In 1973, he graduated from high school and went on to attend college. He was a National Merit Scholar and had a SAT score of 1590. Later that year, he enrolled at Harvard University. He spent a lot of time on computers as a college student, even though he was not really engaged in other academic pursuits. The idea of starting a business was was forward by Bill’s friend, Allen.

BILL GATES – Biography Age Family Net-worth & Businesses

CAREER 

In 1975, Bill Gates and Paul Allen founded Microsoft (originally referred to as Micro-Soft) together. When they first started using microcomputers, they began by adapting a widely-used programming language called BASIC for the new medium. When it worked out, they continued to develop programming language programs that could be used on a variety of platforms.

International Business Machine (IBM) approached the team in 1980 with a suggestion that Microsoft builds the BASIC interpreter for IBM’s planned personal computer, the IBM PC. A one-time payment of $50,000 bought Microsoft the right to develop and deliver IBM’s PC DOS operating system.

 

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On November 20, 1985, Microsoft debuted Windows as a graphical operating system shell for MS-DOS, making Microsoft’s operating systems extremely popular at the time. Microsoft Windows grew to be the dominant personal computer operating system in the world, with a share of the market of more than 90%. Bill Gates, the company’s largest shareholder, gained a substantial fortune as a result of the company’s tremendous financial success.

BILL GATES – Biography Age, Family, Net-worth & Businesses

In 1989, Microsoft released the first version of Office. Microsoft Word and Excel were among the apps included in the bundle, which was interoperable with all Microsoft products. Microsoft has a virtual stranglehold on PC operating systems thanks to the success of MS Office.

Gates shifted Microsoft’s attention to Internet software development in the mid-1990s when the internet was becoming increasingly popular around the world. One novel solution developed during this time was the Windows CE operating system platform.

As of January 2000, Bill Gates had resigned as CEO of Microsoft but had retained his position as chairman. He renamed himself Chief Software Architect because he wanted a new title. After a period of time, he gradually delegated his responsibilities at Microsoft and began to devote more time to charitable endeavours. Currently, he acts as a technological advisor to CEO Satya Nadella and stood down as Chairman of Microsoft in February 2014.

BILL GATES INVESTMENTS & BUSINESSES TILL DATE

• The AutoNation Corporation (AN)

On October 4, 2021, the stock price was $120.25.

AutoNation is the largest auto retailer in the United States, and business is growing for them. Profits at AutoNation soared by 88% in the most recent quarter, a sign of burgeoning interest in used cars. AutoNation’s stock price has risen by 68 per cent year-to-date as the company’s earnings have soared.

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• The Deere & Co. (DE)

On October 4, 2021, the stock price was $338.44.

Among Gates’ interests, Deere is one of the oldest and most reputable, having been providing tractors and farming equipment since 1837. It is possible that Gates is betting on the company’s technical innovation more than the traditional farm-based side because Cathie Wood of ARK Investments is also a major shareholder.

 

• A subsidiary of Waste Management, Inc. (WM)

a $148.83 share price on October 4th, 2021

Gates has invested in two waste management and recycling companies, including Waste Management. Waste Management, which claims to be North America’s top provider of comprehensive environmental solutions, has seen a 27 per cent year-to-date increase in revenue.

BILL GATES – Biography Age, Family, Net-worth & Businesses

• Ecolab (ECL)

On October 4th, 2021, the stock price was $212.37.

Ecolab is one of Gates’ underperforming companies, with a YTD performance in 2021 of around zero. Gates may be interested in Ecolab because the company claims to be the world’s leading provider of water, hygiene, and infection control solutions.

BILL GATES – Biography Age, Family, Net-worth & Businesses

 

• Diageo, Inc. is a publicly-traded company (DEO)

The stock price was $193.02 as of Oct. 4, 2021.

Johnnie Walker, Tanqueray, J&B, Ketel One, Crown Royal, and Guinness are just some of Diageo’s well-known alcoholic beverage and spirits brands. There are more than 200 brands and a wide range of price points to choose from across 180 countries. Diageo’s dividend is 2.08 per cent, and the company’s stock has climbed over 22% so far this year.

 

• The Republic Services Inc. (RSG)

 

On October 4, 2021, the stock price was $120.01 per share.

With a huge 34% stake in Republic Services, Gates and Cascade Investments appear to have a strong belief in the company’s future prospects. Over the previous five years, the company’s stock has risen by around 142 per cent. Republic Services, which serves 41 states, is on Ethisphere’s list of the world’s most ethical companies.

 

• Inc. Arch Capital Group Ltd. (ACGL)

On October 4th, 2021, the stock price was $38.19.

Arch Capital Group was founded in 2001, making it a very young firm. Reinsurance and mortgage insurance are among the products the organization offers. A modest 8.5% gain has been seen in the stock’s YTD performance, but it has risen about 28% in the past year.

 

• Company of the Canadian National Railway (CNI)

On October 4, 2021, the stock price was $116.78.

Bill and Melinda Gates Charitable Trust has shares of Canadian National Railway Company, which is up a little over 7% year-to-date in the Cascade fund. All of Canada is served by the Canadian National Railway as well as the entire United States, from New York to Texas.

 

• Incorporated under the name Vroom (VRM)

 

On October 4, 2021, the stock price was $20.75.

Online car purchase site Vroom competes with Carvana by offering pre-owned, low-mileage autos on its site. Gates is a natural fit for a company that disrupts the traditional car-buying process. On June 9, 2020, Vroom, a new firm owned by Bill Gates, will go public, doubling in price on its first day of trading.

BILL GATES – Biography Age, Family, Net-worth & Businesses

• Development of the Mexican Economic System, SAB de CV (FMX)

On October 4, 2021, the stock price was $85.90.

Fomento Economico Mexicano is one of the international names on Gates’ stock list that many investors are unfamiliar with. FEMSA, on the other hand, is the world’s largest Coca-Cola bottling corporation. The stock has gained more than 50% in the last year and about 14% year-to-date.

NET WORTH

By 2022, the anticipated net worth of Bill Gates will be around $134.7 billion. He is one of the world’s richest men, ranking number four. For a brief period in 1999, his net worth topped $101 billion dollars. However, After the dot-com bubble burst in 2000 and the multi-billion dollar donations he has made to his philanthropic foundations, the nominal worth of his Microsoft holdings has decreased.

 

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