Bill Gates to step down as chairman of Microsoft Friday

In Hungary

The world’s richest man, Bill Gates, is all set to step down as the chairman of Microsoft on Friday.

The God of geeks, an inspiration to many a wannabe millionaires and a shrewd businessman, Gates would always be remembered for the huge contribution that Microsoft did for spreading the IT revolution in the world. Over 90% of the world’s desktops work on Microsoft Windows and almost all of the world’s word processing documents, spreadsheets, are created on Microsoft software.

All started in Albuquerque, US, in 1975, when Bill Gates dropped out of Harvard and started ‘Microsoft’ with buddy Paul Allen at age 20. Paul was two years older to Bill. Both wrote the BASIC programming language for the Altair 8800 microcomputer. Within three years, Bill and Paul earned their first million dollars via sales of BASIC and two other software.

Bill Gates became CEO for Microsoft in 1975, a title he handed over to his Harvard mate Steve Ballmer in 2000. Bill Gates went on to become the richest man in America with a fortune of $9.35 billion in 1994. He married Melinda French from Dallas, the same year. The next year he was crowned the world’s richest man with a worth of over $12.9 billion. (Economic Times)


November PMI Indicates Slower Manufacturing Sector Expansion Analysis

November PMI Indicates Slower Manufacturing Sector Expansion

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

BDPST Equity Acquires Minority Stake in Waberer's Deals

BDPST Equity Acquires Minority Stake in Waberer's

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.