Life is full of challenges, and Bill Gates faced many. Discover key struggles and how they were overcome.
Bill Gates is an American businessman and philanthropist who co-founded Microsoft with Paul Allen in 1975, becoming a central figure in the microcomputer revolution. He led Microsoft to become a dominant force in the software industry and became the youngest billionaire in 1987 following the company's IPO. For many years, Gates was ranked as the world's wealthiest person by Forbes, even becoming the first centibillionaire. As of May 2025, he is the thirteenth-richest person globally, with a net worth of $113 billion.
Bill Gates plans to close the Gates Foundation by 2045 and give away virtually all of his wealth, as explained in interviews. The foundation will accelerate spending before winding down.
In 1998, Bill Gates rejected the need for regulation of the software industry in testimony before the United States Senate.
In 1998, during the United States v. Microsoft case, Bill Gates gave deposition testimony that was characterized as evasive, arguing over the meaning of words such as 'compete'.
After 2000, the nominal value of Bill Gates' Microsoft holdings declined, partly due to the dot-com bubble burst and partly due to charitable donations.
In June 2019, Bill Gates admitted that losing the mobile operating system race to Android was his biggest mistake, partially blaming antitrust litigation.
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