His father was a successful attorney, and it was expected that young Bill would follow in his father's footsteps. He was a notably gifted student who did well in all subjects but showed a special aptitude for mathematics. When he was 13, his parents believed he was not being challenged in his public school and enrolled him in the private and highly demanding Lakeside School. The school acquired a computer terminal and young Bill Gates was immediately fascinated. He and a small group of friends, including his future business partner Paul Allen, took every opportunity to explore the possibilities of the new technology, teaching themselves the basics of computer programming.
Soon Gates and his friends were working part-time and summers, writing
computer programs for large businesses around the Seattle area. Although
they were all precociously gifted programmers, it became clear that
Gates had a unique talent for business as well, and he quickly emerged
as the leader of the group. Gates and Paul Allen closely followed events
in the computer industry and foresaw that the development of
microprocessors would lead to the creation of compact affordable,
personal computer that would someday supplant the bulky mainframe
systems used in business and industry.
Meanwhile, Gates continued to excel in his studies and followed his
parents' wishes by going to Harvard.
Paul Allen soon moved to Boston to
work for Honeywell and continue their collaboration. The pair were
galvanized by a cover story in Popular Electronics, promoting the
Altair 8800, an inexpensive microcomputer produced by a company called
MITS in Albuquerque, New Mexico. Gates and Allen saw this as the
beginning of a new industry. No one had yet developed software for the
Altair, and the young programmers saw a unique opportunity. They adapted
the computer language BASIC to run on the new device, although they had
never actually seen one. On the strength of this programming feat, they
secured a software development contract with MITS. With irresistible
business opportunities beckoning, Gates left Harvard at the beginning of
his junior year to make the leap into the world of business. Along with
Paul Allen, he moved to New Mexico at the end of 1975 to produce
software for MITS. The following year, they started their own company,
Microsoft.
After MITS was sold, Gates moved Microsoft to
Bellevue, Washington, near his hometown of Seattle, a choice that would
make the Pacific Northwest a center of the computer software industry.
The Altair, along with personal computers produced by Atari, Commodore,
and other industry pioneers, enjoyed popularity with hobbyists and
computer aficionados, but had not achieved a comparable sucess with
business or the general public, a vast untapped market. The dominant
player in the computer industry, IBM, had long resisted the concept of
the personal computer, because mainframe systems were the heart of its
business. When IBM finally decided to make the move into manufacturing
personal computers in 1980, it turned to Gates and Microsoft to produce
an operating system.
Gates bought an existing program, QDOS, and adapted it to the IBM
hardware. He named his program Microsoft Disk Operating System, or
MS-DOS. In his agreement with IBM, Gates was careful to retain the right
to license MS-DOS to other hardware manufacturers as well. This may
have been the single most momentous decision in business history. When
the IBM PC became a success, other manufacturers rushed to create less
expensive DOS-based personal computers. Microsoft's operating system
became the universal standard as personal computer use exploded around
the world. The only noteworthy competitor in personal computer operating
systems, Apple, had made the opposite decision; the Macintosh operating
system could only run on Apple Macintosh computers, and Apple never
gained more than a fraction of the worldwide desktop computer market.
Apple's one advantage appeared to be the ease of
use of its graphic user interface, but Microsoft quickly met that
challenge with the 1985 introduction of Windows, a DOS-based graphic
interface. With most of the world's personal computers running MS-DOS
and Windows, Gates had a perfect market for compatible software
applications. Within a few years the applications in Microsoft's office
suite had become the leaders in their respective categories: Microsoft
Word for word processing, Excel for creating spreadsheets, PowerPoint
for slideshow-style graphic presentation, and Internet Explorer for
browsing the increasingly popular World Wide Web.
In 1989, Gates founded Corbis, a digital image licensing company that
acquired historic collections of photographs, such as the Bettmann
Archive. Among other business interests, he has served as a director of
the investment company Berkshire Hathaway and holds a controlling
interest in a private investment firm and holding company, Cascade
Investments LLC.
Meanwhile, the personal computer -- and Microsoft software --
revolutionized the worlds of work and recreation. Microsoft became an
enormous international corporation, and by 1995, its Chairman, CEO and
largest shareholder, Bill Gates, was the world's richest man, a title he
has retained almost every year since.
There were challenges along the way -- a patent infringement suit from
Apple over the design of the Windows interface, and a 1988 anti-trust
suit brought by the United States government when it appeared that
Microsoft's dominant position in the industry had become a virtual
monopoly. Microsoft survived these legal battles, and remains the
preeminent producer of software for the home and office.
In 1994 Bill Gates married the former Melinda
French. The couple built a technologically advanced house overlooking
Lake Washington. They have three children. At the height of his success,
Gates turned his attention from business to philanthropy. In 2000, he
and his wife founded the Bill and Melinda Gates Foundation, and have
given over $28 billion to charities focused on scientific research and
international development. The same year, Bill Gates stepped down as
Chief Executive Officer of Microsoft, though he remains Chairman of the
Board of Directors. Since 2008, he has devoted his energies to the
direction of the Gates Foundation, applying his entrepreneurial
expertise to combating disease and poverty around the world.
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