Bill Gates is leaving Microsoft’s board, the company announced on Friday.
Bill Gates, the world's richest man, has decided to step down from his business chair.
Bill Gates, the world's richest man, has decided to step down from his business chair.
Microsoft was founded in 1975 in partnership with Paul Allen. Paul Allen died in 2008 and is the head of Bill Gates Microsoft Company. The company has been very successful and has been very profitable day by day. He has steadily become the richest man in the world in recent years.
Microsoft announced ! The decision was taken at a special board meeting held at Microsoft on Friday. Co-Founder and Technology Advisor Bill Gates stepped down from the company's Board of Directors to dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change.
The reason for this decision is further stated in his LinkedIn account.
Mr. Bill also said, Although I have resigned from the Board of Directors, I will not resign from Microsoft. “Microsoft will always be an important part of my life’s work and I will continue to be engaged with Satya and the technical leadership to help shape the vision and achieve the company’s ambitious goals. I feel more optimistic than ever about the progress the company is making and how it can continue to benefit the world.”
Bill Gates is listed by Forbes as the world's second richest man after Amazon founder Jeff Bezos, and is worth $103.6bn (£84.4bn).
