William Henry III: The Most Influential People In The World

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Born William Henry III is an American entrepreneur, business mogul, investor, philanthropist, and widely known as one of the most richest and influential people in the world. William Henry III was born to attorney, William Henry II and teacher, Mary Maxwell Gates in Seattle, Washington, USA.

Bill Gates as a child was very competitive, curious, and depth thinker. His parents decided to enroll him in the private preparation school, Lakeside School. Gates soon excelled at Lakeside, where he made himself oriented to a wide variety of subject ranging from Math, Science, English Literature and even becoming a superb Drama student. Bill Gates surrounded by historical events at a young age was inspired. In 1969, Apollo 11 took men to the moon, this …show more content…

With this expansion and Microsoft having hit the one million dollar profit margin mark, it was a matter of time until a big-shot computer creative company came knocking at their door. That company was IBM. The partnership IBM and Microsoft developed was a pivotal role which defined technology, to what it has become today. It established what Gates had predicted, every home in America would have one computer per household. IBM wanted an operating system for their new line of personal computers. Bill Gates bought an operating system in which he renamed, MS-DOS for IBM. He received profit from IBM for every MS-DOS product made, as IBM didn't own the licensing fee, and Gates refused to give it to …show more content…

IBM soon to separate from MS-DOS with the success of their sales, decided to create their own operating system which it licensed from Microsoft called Dos2. OS2 eventually failed as Gates decided to invest his name and the entire future of Microsoft to advancing the Windows operating system, even if it meant losing IBM as a client. He came out with Windows 3.0 which turned out be a best market seller. Microsoft was soon becoming a monopoly, and Gates started receiving the reputation of being ruthless,and unfair. Gates was accused for practicing unfair marketing practices, and a case with the Department Of Justice Division Anti Trust Department was opened. Microsoft would receive royalty fee because of a "per-processor" license Microsoft had which stated, for each computer a microprocessor is sold; a royalty payment must be made. Regardless, if it was a Microsoft operating system or not. Operating Equipment Manufacturers saw this as unfair, this would lead him further to be a monopoly, which no software company liked. Apple had no way of competing, IBM had no way of competing, it was Microsoft receiving these royalty fees even for a non-Microsoft Operating System which most manufactures thought was most unfair. Microsoft agreed to stop charging the fees and the Department Of Justice dropped the

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