On June 27, 2008, Microsoft chairman Bill Gates will withdraw his “day to day” duties of the world’s largest software company that he co-founded, along with Paul Allen, in 1975 — — But he would remain Microsoft’s Chairman, adviser – and its largest single shareholder.
After July 27 he will focus mainly on the Bill and Melinda Gates Foundation and its work in health, vaccines, education and more. Founding “MicroSoft” with his friend and fellow billionaire Paul Allen in 1975, the story of Microsoft’s success is legendary.
“I’m not leaving Microsoft,” Gates said, he had no plans to give up the distinction of being the company’s largest shareholder.
The move will end an era at Microsoft, which Gates founded.