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Bill Gates and Economics

On October 28, 1955, William Henry Gates, lll, was born. Gates and his two sisters grew up in Seattle, Washington. His late mother was a teacher and his father is a lawyer. Gates went to public school until junior high in which he attended Lakeside School, where he met Paul Allen. In 1968, at the age 13, Gates began programming computers.

Soon afterward, Gates, Allen, and some other students convinced a computer company to give them full access to a new minicomputer; in exchange they would try to find flaws in the system. Gates spent most of his time on the computer figuring out its program language. In 1972, Gates and Allen started their first business. They made car-counting machines for traffic analysis.

Gates was attending Harvard in 1975 when he teamed up with Paul Allen again but this time to write a BASIC programming language for the Altair 8800, the first personal computer. That same year Gates, in his junior year, dropped out of college and founded the company, which will make him the richest man in the world, Microsoft. Microsoft, which Gates started with his good friend Paul Allen, who else, was originally a computer programming business.

In 1981, Microsoft came out with their first operating system MSDO


According to some sources I have been to while doing research for this report says that if George W. Bush is elected president then he most likely will throw the whole Microsoft monopoly case out and not force Microsoft to break up. I also read that if Bush is elected the stock market will go way up and that would be good for Gates. If the stock market goes up then Microsoft's stock will go up. If Microsoft's stock goes up then guess what, Bill Gates will become even richer and so will his life long friend Paul Allen who is the CEO of Microsoft, and not to mention the 3rd richest man in the world.

· "Bill & Melinda Gates Foundation." (Nov. 28,2000)

Microsoft expanded rapidly in the 1980s to the 1990s. Microsoft later came out with the Windows operating system, which is now the most used operating system. Gate's success continued to grow and in 1987, at the age of 31, he became the youngest self-made billionaire in American history. In 1998 Bill Gates had more than $50 billion, making him the richest person in the world.

The X-box is made by Microsoft who has no credibility in the videogame market and they are facing two gaming system giants, three if you count the Sega Dreamcast. The Playstation 2 is Microsoft's biggest competition. It has the most credibility of all of the systems. You can find one Playstation in every 4 houses says one survey I once saw. In other words Sony has built up gaming consumer's trust just like Microsoft gained computing consumers. To tell you the honest truth I hope the X-box fails.

Here are a couple of his things Bill Gates has done for charity. He gave $750 million to the Global Fund for Children's Vaccines, $1 billion to launch the Gates Millennium Scholars Program, and a $200 million program to provide computers and Internet access to public libraries in low-income communities in the United States and Canada. He gave Pacific Northwest a $40 million grant to establish the Sound Families Program, which gives places to live to the homeless.

This paragraph, this one you

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Approximate Word count = 1374
Approximate Pages = 5 (250 words per page double spaced)


  

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