bill gates

Most people will have read the recent reports of how Microsoft Chairman Bill Gates has had his personal net worth soar over 100 billion dollars and then drop down to 55 billion. He certainly knows how to make (and lose) money. (Note: This article was written in 1998, Bill's Fortunes have dropped a touch since then.) Consider that he made this money in the 25 years or so since Microsoft was founded in 1975. If you presume that he has worked 14 hours a day on every business day of the year since then, that means he's been making money at a staggering million dollars per hour, around $300 per second. Which means that if, on his way into the office, should he see or drop a $1000 bill on the ground, it's just not worth his time to bend over and pick it up. He would make more just heading off to work. We're assuming about 4 seconds to bend down and pocket the bill. Of course he can afford to hire people to follow him and pick up any $1000 bills he may drop. Not that he would, fortunately he doesn't quite think of his wealth or time this way. The rumours that when the $50,000,000 invoice for his new manor on Lake Washington came in, he simply said, "Melinda, could you get my wallet. I think it's in my other pants" are not true. It is ironic that a lot of that house is going to be underground; rooms built with Windows won't have any.

William Henry Gates III (born October 28, 1955 in Seattle, Washington) is an American entrepreneur and the co-founder, chairman, former chief software architect, and former chief executive officer of Microsoft, the world's largest software company. Forbes magazine's list of The World's Billionaires has ranked him as the richest person on earth for the last thirteen consecutive years, with a current net worth of approximately $53 billion. When family wealth is considered, his family ranks second behind the Walton family.[3][4] Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is widely respected by people who see his wealth as a product of intelligence and foresight,[5][6] his business tactics have often been criticized as unethical or anti-competitive, and have, in some instances, been ruled as such in court.[7][8] Since amassing his fortune, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000. Early life William Henry Gates III was born in Seattle, Washington to William H. Gates, Jr. (now Sr.) and Mary Maxwell Gates. His family was wealthy; his father was a prominent lawyer, his mother served on the board of directors for First Interstate Bank and the United Way, and her father, J. W. Maxwell, was a national bank president. Gates has one older sister, Kristi (Kristianne), and one younger sister, Libby. He was the fourth of his name in his family, but was known as William Gates III or "Trey" because his father had dropped his own "III" suffix.[9] Several writers claim that Maxwell set up a million-dollar trust fund for Gates.[10] A 1993 biographer who interviewed both Gates and his parents (among other sources) found no evidence of this and dismissed it as one of the "fictions" surrounding Gates's fortune.[9] Gates denied the trust fund story in a 1994 interview[11] and indirectly in his 1995 book The Road Ahead.[12] Gates excelled in elementary school, particularly in mathematics and the sciences. At thirteen he enrolled in the Lakeside School, Seattle's most exclusive preparatory school where tuition in 1967 was $5,000 (Harvard tuition that year was $1,760). When he was in the eighth grade, the school mothers used proceeds from a rummage sale to buy Lakeside an ASR-33 teletype terminal and a block of computer time on a General Electric computer.[9] Gates took an interest in programming the GE system in BASIC and was excused from math classes to pursue his interest. After the Mothers Club donation was exhausted he and other students sought time on other systems, including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation, which banned the Lakeside students for the summer after it caught them exploiting bugs in the operating system to obtain free computer time. Bill Gates was arrested at least twice in New Mexico: once in 1975 for speeding and driving without a license, and in 1977 when this photograph was taken. Bill Gates was arrested at least twice in New Mexico: once in 1975 for speeding and driving without a license, and in 1977 when this photograph was taken. At the end of the ban, the Lakeside students (Gates, Paul Allen, Ric Weiland, and Kent Evans) offered to find bugs in CCC's software in exchange for free computer time. Rather than use the system via teletype, Gates went to CCC's offices and studied source code for various programs that ran on the system, not only in BASIC but FORTRAN, LISP, and machine language as well. The arrangement with CCC continued until 1970, when it went out of business. The following year Information Sciences Inc. hired the Lakeside students to write a payroll program in COBOL, providing them not only computer time but royalties as well. At age 14, Gates also formed a venture with Allen, called Traf-O-Data, to make traffic counters based on the Intel 8008 processor. That first year he made $20,000, however when his age was found out they lost a lot of business. [13][14] According to a press inquiry, Bill Gates stated that he scored 1590 on his SATs.[15] He enrolled at Harvard University in the fall of 1973 intending to get a pre-law degree,[16] but did not have a definite study plan,[17] While at Harvard he met his future business partner, Steve Ballmer.

He earns $250 a second. That's 20 million a day. or 7.8 billion a year. If he were a country he would be the 37th richest in the world. If Microsoft Windows users can claim 1 dollar for every time their computer hang because of Windows, he would be bankrupt in 3 years.

HAS MUCH MONEY,IT'S VERY RICH