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Internet Software Internet Windows America Online Archives
Internet Software Internet Windows America Online Archives
In addition to his work at Microsoft, Gates was also known for his
charitable work. With his wife, Melinda, he launched the William H.
Gates Foundation (renamed the Bill & Melinda Gates Foundation in
1999) in 1994 to fund global health programs as well as projects in
the Pacific Northwest. During the latter part of the 1990s, the couple
also funded North American libraries through the Gates Library
Foundation (renamed Gates Learning Foundation in 1999) and raised
money for minority study grants through the Gates Millennium
Scholars program. In June 2006 Warren Buffett announced an
ongoing gift to the foundation, which would allow its assets to total
roughly $60 billion in the next 20 years. At the beginning of the 21st
century, the foundation continued to focus on global health and global
development, as well as community and education causes in
the United States. After a short transition period, Gates relinquished
day-to-day oversight of Microsoft in June 2008—although he
remained chairman of the board—in order to devote more time to the
Bill & Melinda Gates Foundation. In February 2014 he stepped down
as chairman but continued to serve as a board member until 2020.
During this time he was awarded the Presidential Medal of
Freedom (2016). The documentary series Inside Bill’s Brain:
Decoding Bill Gates appeared in 2019.
Bill Gates
Microsoft Corporation chairman Bill Gates introduces the Windows XP operating system at a press
conference in 2001.
PRNewsFoto/Waggener Edstrom/AP Images
Bill and Melinda Gates
Bill and Melinda Gates, 2009.
© 2009 Kjetil Ree
It remains to be seen whether Gates’s extraordinary success will
guarantee him a lasting place in the pantheon of great Americans. At
the very least, historians seem likely to view him as a business figure
as important to computers as John D. Rockefeller was to oil. Gates
himself displayed an acute awareness of the perils of prosperity in his
1995 best seller, The Road Ahead, where he observed, “Success is a
lousy teacher. It seduces smart people into thinking they can’t lose.”