Tech

Billionaire Bill Gates Leaves Microsoft Board

He co-founded the company with his childhood friend Paul Allen in 1975 and was on the board of directors since 2014. He now wants to invest fully in his philanthropic foundation.

A page turns in the history of computing. Billionaire Bill Gates is leaving Microsoft's board of directors to devote more time to philanthropy. The billionaire had already moved away from daily operations over ten years ago to get involved in his foundation, which bears his name and that of his wife, Melinda Gates. The second richest man in the world will simply keep the functions of technical advisor to the leaders of the company.

Bill Gates founded Microsoft with Paul Allen in 1975 and was on the board of directors since 2014. He had already left his position as general manager in 2000 to Steve Ballmer to devote himself to philanthropy, then he had given up the title of president in 2014, when Satya Nadella replaced Steve Ballmer. “It has been an immense honor and privilege to work and learn with Bill over the years”, commented the current boss of the group, in a press release published on Saturday March 14th.

Bill founded our company with the conviction of the democratic power of software and a passion for solving the most urgent difficulties of our society. Microsoft and the world are better because of him. Satya Nadella, general manager of Microsoftcommunicated

The Bill and Melinda Gates Foundation is involved on several humanitarian fronts around the world, from education to climate change. She is particularly known for her efforts in health. “This decision (to leave the board of directors) is not surprising because it has been more than ten years that Gates has focused on his myriad of humanitarian initiatives all over the planet”, commented Daniel Ives, analyst at Wedbush, in a note to investors.

He is a historic figure in the world of technology and his legacy will be felt in Redmond (city of Microsoft) for decades to come.Daniel Ives, analyst at Wedbushnote to investors

Bill Gates grew up in Seattle with his two sisters, his father William, a lawyer, and the late mother, Mary, teacher and president of an NGO, United Way International. Computer lover, he started coding when he was 13 years old. At 20, with the approval of his parents, he left Harvard to launch “Micro-soft” (“soft” refers to software, in English) with his childhood friend Paul Allen.

The company's success can be explained in particular by the priority given to software licenses sold to many computer manufacturers. With the development of the personal computer, more and more users of a machine at work or at home then become used to using Microsoft software. The Redmond group, next to Seattle, has thus become the widely dominant software giant.

Its near monopoly led to a resounding anti-rust trial at the turn of the 21st century. To avoid dismantling, Microsoft had to accept several years of government surveillance.

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