Billionaire and founder of Microsoft, Bill Gates has stepped down from Microsoft board.
According to him, he wants to focus on global health and development, education and tackling climate change.
Mr Gates said the company would “always be an important part of my life’s work” and he would continue to be engaged with its leadership.
Microsoft company in a post reveals that Gate is not totally stepping down from the company, as he’s being assigned a new role as the technology advisor to Microsoft.
Bill Gates said this in a post, “ I am looking forward to this next phase as an opportunity to maintain the friendships and partnerships that have meant the most to me, continue to contribute to two companies of which I am incredibly proud, and effectively prioritise my commitment to addressing some of the world’s toughest challenges.”
A brief history about Bill Gates and Microsoft
As a young man, he dropped out of college and moved to Albuquerque, in New Mexico, where he set up Microsoft with his childhood friend, Paul Allen who died in 2018.
Their big break came in 1980 when Microsoft signed an agreement with IBM to build the operating system that became known as MS-DOS.
Microsoft went public in 1986 and within a year Bill Gates, at 31, had become the youngest self-made billionaire.
Mr Gates has served on Berkshire’s board since 2004 but devotes much of his time to the charitable organisation he set up with his wife, the Bill & Melinda Gates Foundation.
Positions held at Microsoft
Gates previously served as the C..E.O of Microsoft until previously when he stepped down from the position in order to spend more time with the Bill and Melinda Gates foundation.
In 2000, Bill Gates stepped down as the C.E.O of Microsoft and left his full-time role at Microsoft in 2008 in an official capacity to focus all of his effort on philanthropy.
Bill Gates is listed by Forbes as the second richest man in the world after Amazon’s founder, Jeff Bezos and is worth $103.6bn.
He made this fortune developing software for the personal computer.