VENKAT

INTERNATIONAL
PUBLIC SCHOOL

ACKNOWLEDGEME
NT
.

CASE STUDY : BILL

Born
William Henry Gates III
October 28, 1955(age60)
GATES
Residence

Seattle,Washington, U.S.
Medina, Washington, U.S.

Nationality American
Almamater Harvard University(dropped out)
Occupation Technology Advisor ofMicrosoft
Co-Chair of theBill & Melinda
Gates Foundation
CEO ofCascade Investment
Chair ofCorbis
Yearsactive 1975present
Networth
US$79.4 billion (October 2015)
Board
member
of
Spouse(s)

Microsoft
Berkshire Hathaway

Children
Parent(s)

3
William H. Gates, Sr.
Mary Maxwell Gates
the Gates Notes

Website

Melinda Gates(m.1994)

Signature

William Henry
Bill Gateswas born
Gates
IIIon October
in Seattle
28, 1955 to his
parents, Mary and
William Gates II. He
two sisters.
was a prominenthas
Seattle
lawyer,His
father
and his mother was
a
schoolteacher, University of
Washington regent and chairwoman
of United Way International. His
great-grandfather was a state
legislator and mayor, and his
grandfather was the vice president
of a national bank.
Bill strongly believes in hard work.
He believes that if you are
intelligent and know how to apply
your intelligence, you can achieve
anything. In school, he had an
excellent record in mathematics and
science. Still he was getting very
bored in school and his parents
knew it. Bills parents came to know

environment. Bill first started working

with computers at the school. His
mother was on the committee that
donated the terminal to the school,
which was connected via a telephone
to aand
local
Bill
a computer
few other company.
students formed the
Lakeside
Programmers Group,
and nearly spent all
of
their time
on the.
computer
writing
programs for various
purposes. The group was even banned
from the computer for a few weeks for
hacking into the security program and
altering data on the system. Many of
the group members ended up working
at Microsoft as programmers. Bill later
went onto Harvard University, but
dropped out in 1974 to form Microsoft
with
Paul Allen,
who had been a friend
Bill Gates
had known
of Bill Gates
since
Steve
Ballmer
at childhood.
Harvard, and they
worked on programs
together for the
Altair computer.

Bill Gatesand his

close friend Allen
started new
company of their
own, Tarf-O-Data.
computer
to measure
traffic flow. From
They developed
a
this
project they earned around
small
$20,000. The era of Traf-O-Data came
to an end when Gates left the college.
In 1973, he left home for Harvard
University. He took the standard
freshman courses with the exception
of signing up for one of Harvards
toughest mathematics courses. He did
well over there, but he couldnt find it
interesting too. He spent many long
nights in front of the schools
computer and the next day asleep in
class. After leaving school, he almost
lost himself
from
the world of
That
summer
they
computers
at the end of Bills first
got
year.
came close to him so that
job inAllen
Honeywell.
they
Allen could follow some of their ideas.
kept on pushing Bill
for opening a new
software company.

Within a year, in 1975, before

graduation gates left Harvard to form
Microsoft with his childhood friend Paul
Allen. This pair planned to develop
software for the newly emerging
personal computer market. Bill Gates
Microsoft became famous for their
computer operating systems and killer
business deals. For example, Bill Gate
talked with IBM for letting Microsoft to
retaining the licensing rights of MSDOS and operating system that IBM
needed for their personal computer.
Gates then succeeded in making a
fortune from the licensing of MS-DOS
On November 10, 1983, in New York
city, Microsoft corporation formally
announced Microsoft windows, a next
generation operating system.
Many criticize Gates not just for his
success, but because they feel he tries
to unfairly and maybe even illegally
dominate the market. As a result of
Microsofts market control, the U.S.
Department of Justice brought an

lawsuit against the company in 1998,

saying the company had an illegal
stronghold on the software industry.
Gates maintained Microsofts success
over rivals such as Oracle
andIBMwas simply the result of
smart, strategic decision making. U.S.
District Judge Thomas P. Jackson did
not agree, and in November 1999, he
found Microsoft to be a monopoly that
had an exclusive control that used its
market power to harm competing
On
January 13,
2000,of
Gates
handed
companies.
Because
the ruling,
off
dayfaced
to day
management
of
Gates
the
prospect of breaking
Microsoft
to friend and right hand man
up Microsoft.
Steve Ballmer, adding chief executive
officer to his existing title of president.
Gates held on to his position as
Chairman in the reshuffle and added
the title of chief software architect.
Gates early experiences with
computers included debugging
(eliminating errors) from programs for
the computer center corporations
PDP-10, helping computerize electric

On January 13, 2000, Gates handed

off day to day management of
Microsoft to friend and right hand man
Steve Ballmer, adding chief executive
officer to his existing title of president.
Gates held on to his position as
Chairman in the reshuffle and added
the title of chief software architect.
Gates early experiences with
computers included debugging
(eliminating errors) from programs for
the computer centre corporations
PDP-10, helping computerize electric
power grids for the Bonneville Power
Administration.
While working with the Computer
Centre's PDP-10, Gates was
responsible for what was probably the
first computer virus, which is a
program that copies itself into other
programs and ruins data. Discovering
that the machine was hooked up to a
national network of computers called
Cybernet. Gates invaded the network
and installed a program on the main

computers for his

entire junior year
at Lakeside Gates
and his friend
Allen first wrote a
BASIC interpreter
for the Altair
computer. BASIC
being a simple
and interactive
computer
language
designed in the
1960s and
interpreter
program that
executes
a source
There were
many other interests that
program
Bill Gatesby
had of which were
reading
it one line
encompassing
medicine and the arts.
at
a timehe
and
In 1989
started a company called
performing
Corbis. Corbis owns the rights to
operations
800,000 digitized images. The images
immediately
. by newspapers and
are licensed
magazines and published by them
either in print or electronic form.

breakthroughs that have occurred

using this technology. He believes
that with the internet, researchers will
be able to communicate faster with
each other. Finding the best way to
treat or prevent illness is important to
Gates. He donated $1.5 million in
1998 to the International Aids Vaccine
Scientific blueprint project in the hope
of developing a vaccine for Aids.
By the end of 1988, Gates was worth
around $39 billion, making him the
wealthiest man who is self made in
the whole world. In 1997, Microsoft
recorded a net income of $3.4 billion.
This made up 41% of the profits of the
10 largest publicity traded software
companies. Windows 98 and 95 were
released in this time period and they
got a huge response from the world.

Gates competitive drive and fierce

desire to win have made him the most
powerful force in the software
industry. According to the record it
took a lot of his personal life and in
the six years between 1978 & 1984 he
took a total of only two weeks
vacation.
Microsofts vision is A computer

on every desk and Microsoft

software on every
computer. Bill is a visionary
person and works very hard to achieve
his vision. His belief in high
intelligence and hard work has put
him where he is today. He does not
believe in mere luck or Gods grace,
but just hard work and
monopoly
competitiveness. Bills Microsoft
is in
thesoftware
industry.
good competition for other
He is quite
companies and he will continue
to
giving
stomp out the competition
untilperson
he
when it which
dies. His beliefs are so powerful,
to
have helped him increasecomes
his wealth
computers,
and his

internet and any kind of funding. Some

years back, he visited Chicagos
Einstein Elementary School and
announced grants benefiting Chicagos
schools and museums where he
donated a total of $110,000, a
bunch of computers, and provided
internet connectivity to number of
schools. Secondly, Bill Gates donated
38 million dollars for the building of a
computer institute at Stanford
University. Gates plans to give away
95% of all his earnings when he is old
and gray.

NET WORTH :

$81.2BILLI
ON

BILL AND
MELINDA GATES
FOUNDATION

Bill & Melinda Gates

Foundation(BMGFor theGates
Foundation) is the largestprivate
foundationin the world, founded
byBillandMelinda Gates. It was
launched in 2000 and is said to be the
largest transparently operated private
foundation in the world. The primary
aims of the foundation are, globally, to
enhance healthcare and reduce
extreme poverty, and in America, to
expand educational opportunities and

had donated US$28 billion to the

foundation. Washington, is controlled
by its three trustees: Bill Gates,
Melinda Gates andWarren Buffett.
Other principal officers include CoChairWilliam H. Gates,Sr.and Chief
Executive OfficerSusan DesmondHellmann.
It had
anendowmentofUS$44.3billionas of
31 December 2014.The scale of the
foundation and the way it seeks to
apply business techniques to giving
makes it one of the leaders inventure
philanthropy,though the foundation
itself notes that the On
philanthropic
June 25, role
has limitations.In 2007,
its founders
2006,Warren
were ranked as the second
most the
Buffett(then
generous philanthropists
in richest
America,
world's
and Warren Buffett the
first.As
of May
person,
estimated
16, 2013, Bill Gates worth of
US$62 billion as of April 16, 2008)
pledged to give the foundation
approximately 10 millionBerkshire
HathawayClass worth approximately
US$1.5 billion.

Bsharesspread over multiple years

through annual contributions, with the
first year's donation of 500,000 shares
being Buffett set conditions so that
these contributions do not simply
increase the foundation's endowment,
but effectively work as a matching
contribution, doubling the
Foundation's annual giving: "Buffett's
gift came with three conditions for the
Gates foundation: Bill or Melinda
Gates must be alive and active in its
administration; it must continue to
qualify as a charity; and each year it
must give away an amount equal to
the previous year's Berkshire gift, plus
an additional amount equal to 5
percent of netassets. Buffett gave the
foundation two years to abide by the
third requirement."The Gates
Foundation received 5% (500,000) of
the shares in July 2006 and will
receive 5% of theremaining
earmarked shares in the July of each
following year (475,000 in 2007,

ASSETS :
Bill Gates
house in
Medina,
overlooking
Lake
The guest
Washington
house
at
Bill

Gatesresidenc
Gates
e
Medina
mansion
Bill Gates
Florida house

Bill Gates jet,

a Bombardier
BD-700

Grand
Bogue,
totalling
about 314
acres, has
large
beaches,
coral flats,
and forests.

Wally
Hermes
Yachts

Yacht of
Russian
vodka
titanYuri
Scheffler,
which is
family for $5
million a week
being
chartered

Lost on the Grand Banks

Polo Crowd

Distant Thunder

Porsche 911 Carrera

Room of Flowers

The Nursery

Porsche 930

1988 Porsche 959 Coupe

BILLS
POSITION IN
TODAYS
MARKET

IN 2013

For nearly a decade and a half until

2010,Bill Gates ranked as the worlds
richest man save for 2008, when he
was overtaken by his palWarren
Buffett. (Gates recaptured the top spot
in 2009). Then, thanks to a surge in
the value of mobile phone carrier
America Movil in early 2010, Gates
was knocked off his pedestal
byMexico's Carlos Slim. The telecom
mogul has maintained his title as the
worlds richest person every year
since then.

second richest with an estimated net

worth of $67 billion.
The chart above shows how Slim first
joined the Forbes billionaire ranks in
1991, with a net worth estimated at
$1.7 billion. He was one of just two
Mexican billionaire entries that year;
the other was the Garza family of
Monterrey, Mexico, which was worth
$2 billion based primarily on its stake
in steel and petrochemical group Alfa.
Bill Gates, meanwhile, sported a net
worth of $4.4 billionthat yearfrom his
stake as cofounder ofMicrosoftMSFT
-1.92%; the software company had
been publicly traded for five years at
that point.
The fact that Bill Gates net worth got
as high as $90 billion in 1999.
Microsoft stock was on fire from 1994
to 1999. Then Microsoft stock more or
less flat lined and Bill Gates began
donating to the Bill &Melinda Gates
Foundation. Hes given $28 billion to
the foundation, which explains much

Movils stock price rose more than 7fold. (See America Movil stock chart
below.) Slim overtook Gates in 2008,
but both were outranked by Warren
Buffett that year he was worth an
estimated $62 billion.
The gap between Slim and Gates net
worth has narrowed over the past two
years. Gates continues to diversify out
of Microsoft stock the company now
accounts for about 20% of his net
worth while Microsoft shares have
stayed mainly flat.
Slim generated lots of press in recent
weeks as shares of America Movil
tumbled on news that Mexico may
pass a telecom reform law that
wouldcrack down on monopolies.
America Movil units control 70% of
Mexicos wireless market and 80% of
the landlines. Shares then rebounded
after reports that America Movil
hadacquired broadcast rights in Latin
America (ex-Brazil) for the 2016
Olympics. As of Friday April 5, Slims
holdings were worth an estimated

4. http://www.forbes.com/forbes/wel
come/

BIBLIOGRAPHY

5. https://en.wikipedia.org/wiki/Bill_G
ates
6. http://www.pcmag.com/article2/0,
2817,2391013,00.asp
7. http://www.bornrich.com/bill-gates
.html

8 http://www.superyachtfan.com/bill_ga
tes.html
9 http://www.bizjournals.com
10 http://www.gatesfoundation.org/