Bill Gates resigned from the board of directors of Microsoft. He will devote even more time to charity

Historic event in IT.

Bill Gates Getty Images Photos 

64-year-old Microsoft founder Bill Gates has left the company’s board of directors. He will remain Advisor to the CEO of Satya Nadella and will continue to be one of the largest shareholders.

Gates also resigned from the board of directors of the Berkshire Hathaway holding company, which is known primarily for its expense of Warren Buffett – she owns companies in various business fields, from airlines to oil production.

Microsoft noted that Gates decided to devote more time to philanthropy, including health, education, and climate change.

At the time of the announcement, Gates posted on Focusing My Time on LinkedIn, which confirmed his intention to devote himself to charity. He called the Berkshire Board of Directors “one of the greatest honors” and noted that he would “remain friends” with the company’s CEO Warren Buffett “for long”.

With all due respect to Microsoft, my departure from the board of directors does not in any way mean leaving the company. Microsoft will forever remain an important part of my life, and I will continue to work with Satya [Nadella] and technical management to help shape the vision and achieve the company’s ambitious goals.

My feelings about the company’s progress and the benefits that it can bring to the world are more optimistic than ever.

I look forward to the next step as an opportunity to maintain the friendships and partnerships that matter to me the most, as well as continue to contribute to the two companies that I am proud of and effectively prioritize my efforts to solve some of the most difficult problems in the world.

Bill Gates

Until 1986, when Microsoft went public, Gates owned up to 49% of the company. After this and how he began to delegate authority to Steve Ballmer, he began to reduce his share. According to FactSet, Gates now owns a 1.36% stake. Capitalization of Microsoft media is estimated at 1.2 trillion dollars, the state of Gates – at 102 billion dollars.

Gates, together with Paul Allen (died in 2018), founded Microsoft in 1975 and served as CEO until 2000. He was the head of the board until 2014, until he decided to devote more time to the Bill & Melinda Gates Foundation.

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