Updating investments on microsoft money
In 1975, Gates and Allen launched Microsoft, which became the world's largest PC software company.
During his career at Microsoft, Gates held the positions of chairman, CEO and chief software architect, while also being the largest individual shareholder until May 2014.
Years later, Ballmer succeeded Gates as Microsoft's CEO.
He maintained that position from 2000 until his resignation from the company in 2014.
After Gates read the January 1975 issue of Popular Electronics, which demonstrated the Altair 8800, he contacted Micro Instrumentation and Telemetry Systems (MITS), the creators of the new microcomputer, to inform them that he and others were working on a BASIC interpreter for the platform.
When he reflected back on that moment, he said, "There was just something neat about the machine." After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers.
He is the fourth of his name in his family, but is known as William Gates III or "Trey" because his father had the "II" suffix.
The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock ...
One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC), which banned four Lakeside students – Gates, Paul Allen, Ric Weiland, and Kent Evans – for the summer after it caught them exploiting bugs in the operating system to obtain free computer time.
At the end of the ban, the four students offered to find bugs in CCC's software in exchange for extra computer time. Subsequently, Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in Fortran, Lisp, and machine language.