IQ
04-22-2006, 12:03 AM
#1 William Gates III
http://images.forbes.com/media/lists/10/2006/BH69.jpg
© AP PhotoAge: 50
Fortune: self made
Source: Microsoft
Net Worth: 50.0 http://images.forbes.com/media/lists/10/2006/U.gif
Country Of Citizenship: United States
Residence: Medina, Washington (http://www.forbes.com/lists/2006/10/Washington_Rank_1.html), United States, North America (http://www.forbes.com/lists/2006/10/North_America_Rank_1.html)
Industry: Software (http://www.forbes.com/lists/2006/10/Software_Rank_1.html)
Marital Status: married, 3 children
Harvard University, Drop Out
Microsoft's chief visionary moving further away from day-to-day corporate work. For the first time did not offer a strategy outlook at last year's financial analyst meeting. Instead, prefers to dive into innovative projects, foster collaboration among Microsoft's many divisions. Microsoft aims to be omnipotent, selling software for PCs, servers, cell phones, television set-top boxes, gaming consoles, the Web. At the ripe (tech sector) age of 30, Gates' company impressively beats rivals in profit margins, market capitalization and R&D budget, but its sales growth is slowing to a (recently) single-digit percentage pace. Like elder statesman of computing, IBM, has been investing heavily in its own stock. Diversifies methodically, selling 20 million shares every quarter, reinvesting through Cascade Investment. Big stakes in Canadian National Railway, Republic Services, Berkshire Hathaway. Philanthropy, via $29 billion Bill & Melinda Gates Foundation, aimed at fighting infectious disease (hepatitis B, AIDS, malaria) and improving high schools.
Distribution of Billionaires by Residence
Diameter of disc reflects size of fortune. The red disc indicates William Gates III http://images.forbes.com/media/lists/10/2006/BH69.gif (http://www.forbes.com/2006/03/08/hometowns-networths-worlds-richest_06billionaires_map.html)
http://images.forbes.com/media/lists/10/2006/legend.gif
http://images.forbes.com/media/lists/10/2006/BH69.jpg
© AP PhotoAge: 50
Fortune: self made
Source: Microsoft
Net Worth: 50.0 http://images.forbes.com/media/lists/10/2006/U.gif
Country Of Citizenship: United States
Residence: Medina, Washington (http://www.forbes.com/lists/2006/10/Washington_Rank_1.html), United States, North America (http://www.forbes.com/lists/2006/10/North_America_Rank_1.html)
Industry: Software (http://www.forbes.com/lists/2006/10/Software_Rank_1.html)
Marital Status: married, 3 children
Harvard University, Drop Out
Microsoft's chief visionary moving further away from day-to-day corporate work. For the first time did not offer a strategy outlook at last year's financial analyst meeting. Instead, prefers to dive into innovative projects, foster collaboration among Microsoft's many divisions. Microsoft aims to be omnipotent, selling software for PCs, servers, cell phones, television set-top boxes, gaming consoles, the Web. At the ripe (tech sector) age of 30, Gates' company impressively beats rivals in profit margins, market capitalization and R&D budget, but its sales growth is slowing to a (recently) single-digit percentage pace. Like elder statesman of computing, IBM, has been investing heavily in its own stock. Diversifies methodically, selling 20 million shares every quarter, reinvesting through Cascade Investment. Big stakes in Canadian National Railway, Republic Services, Berkshire Hathaway. Philanthropy, via $29 billion Bill & Melinda Gates Foundation, aimed at fighting infectious disease (hepatitis B, AIDS, malaria) and improving high schools.
Distribution of Billionaires by Residence
Diameter of disc reflects size of fortune. The red disc indicates William Gates III http://images.forbes.com/media/lists/10/2006/BH69.gif (http://www.forbes.com/2006/03/08/hometowns-networths-worlds-richest_06billionaires_map.html)
http://images.forbes.com/media/lists/10/2006/legend.gif