Bill Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect and Craig Mundie, chief research and strategy officer. Gates last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.
In 1987 Gates was officially declared a billionaire in the pages of Forbes 400 Richest People in America issue, just days before his 32nd birthday. As the worlds youngest self-made billionaire, he was worth $1.25 billion, over $900 million more than hed been worth the year before, when hed debuted on the list.
Gates graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. While at Harvard, he met Steve Ballmer, who later succeeded Gates as CEO of Microsoft, and computer scientist Christos Papadimitriou, with whom he wrote a paper about pancake sorting. He did not have a definite study plan while a student at Harvard and spent a lot of time using the schools computers. He remained in contact with Paul Allen, joining him at Honeywell during the summer of 1974. The following year saw the release of the MITS Altair 8800 based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. He had talked this decision over with his parents, who were supportive of him after seeing how much Gates wanted to start a company.
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