A number reports have suggested that Microsoft co-founder and formerly the richest man in the world, Bill Gates will step down from his daily involvement in Microsoft - the world's biggest software producer. Although Mr. Gates will remain Chairman of Microsoft, his involvement in the company will be reduced to "special projects" and his focus will shift to charity work and concentrating on the Bill and Melinda Gates Foundation.
Renowned for being a Harvard dropout who made good, Gates set up Microsoft in Albuquerque, New Mexico, USA, partnered by Paul Allen, currently owner of the Seattle Seahawks, the Portland Trail Blazers, and the Seattle Sounders soccer team. Microsoft developed what was for many years entirely ubiquitous software for the PC - MS-DOS.
The company went on to develop equally ubiquitous software utilizing what at the time was a revolutionary graphical user interface. Its Windows and Microsoft Office solutions have continue to dominate the PC software market as they have for several years. Likewise, with a few notable exceptions, Microsoft has either dominated or played a major part in each field it has entered, including becoming one of key providers of web hosting server Operating Systems.
Although he maintains the record of being a self-made billionaire at the youngest age, he is no loner the richest man in the world, nor even in the US. Investor Warren Buffett and Mexican telecommunication's tycoon Carlos Slim Helú now rank before him in the list of richest people.
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