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Bill Gates

Added by Sanket on Aug 01, 2009 | Voted by 169 persons

One of the wealthiest people on the planet and a business tycoon, Bill Gates has also proven to be a generous philanthropist. After co-founding the software giant Microsoft, Gates has been the company's CEO and chief software architect. He has a lot of admires and at the same time a lot of rivals who criticize Gates and his business strategies. It is worth mentioning that for some time the EU has had an unfriendly position towards Microsoft due to the company's monopolistic tactics linked with its Windows operating system, which is installed on 90 percent of all computers worldwide. The company's competitors, government regulators and the European court accused Microsoft of illegal practices, saying that the software giant eliminates competition with its operating system and a pre-installed Internet Explorer web browser. But Gates carried on co-authoring books and donating billions of dollars to charitable organizations, as well as different scientific researches. Together with his wife Melinda, Gates created in 2000 the Bill and Melinda Gates Foundation. Bill Gates has been named one of the most influential people of the 20th century by Time magazine. In addition, for his charitable efforts the same magazine named him the Person of the Year in 2005. In 2006 the businessman and philanthropist decided to switch to part-time work at Microsoft and focus more on the Bill and Melinda Gates Foundation. Focusing on his anti-poverty efforts, Gates said that every country needs help, even the one that suffers from high level of corruption. A lot of people, especially the company's employees believe that Gates is Microsoft.

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IMF chief Christine Lagarde warned that the world economy is under threat. “What we are saying to all developing economies is beware of what is happening in advanced economies at the moment. Beware of the clouds that are accumulating in European skies,” Lagarde said.

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