Bill Gates is leaving Microsoft and will no longer be part of the board of Berkshire Hathaway. The billionaire will now focus on his charity.
March 2020 is a time of change for Microsoft
Bill Gates is leaving Microsoft. However, as he noted, he doesn’t resign from the total presence in the company – he is still going to provide advice and help to management.
„I have decided to quit on the board of both companies in which I operate – Microsoft and Berkshire Hathaway – to devote more time to philanthropic priorities, including health and global development, education, and my growing commitment to climate change.” – said Gates.
„Leadership in Berkshire and Microsoft has never been stronger, so it’s time to take this step.” – he added.
„For Microsoft, resigning from the board in no way means giving up the company” – said Gates.
„Microsoft will always be an important part of my life and I will continue to work with Satya and technical management to help shape the vision and achieve the company’s ambitious goals. I am more optimistic about the company’s progress than ever before” – he concluded.
Bill Gates on the coronavirus epidemic
At the end of February, the billionaire in The New England Journal of Medicine spoke of the spreading coronavirus epidemic and how serious a global challenge it is.
„Health experts around the world have been claiming for years that another pandemic, the pace and severity of which would match the 1918 flu epidemic, is not a matter of IF, but WHEN” – he wrote, and now we know, that he was right.
The Bill and Melinda Gates Foundation
Bill Gates founded Microsoft in 1975 with Paul Allen, who died in 2018. Gates was the CEO until 2000 when Steve Ballmer took over this role. Microsoft’s current CEO, Satya Nadella, accepted this position in 2014. Gates was the board director of Microsoft until 2014, but in 2008 he began to devote more of his time to the Bill and Melinda Gates Foundation.