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  1. #20
    #1 William Gates III

    Age: 50
    Fortune: self made
    Source: Microsoft
    Net Worth: 50.0
    Country Of Citizenship: United States
    Residence: Medina, Washington, United States, North America
    Industry: Software
    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.

    Bat nga ba nagkaganon?
    These two gentlemen had a VISION and they were PIONEERS in the Software business, thet had the VISION one day every household would have a Microsoft Operating System running in their computers, combined that with the skills, business savy, and timing they hit it big time (In a very big way ofcourse).

    Look at YouTube, they were PIONEERS of online streaming video, they cashed in big time when google bought them for around US$ 4B.

    Look at Yahoo, they were one of the PIONEERS when it comes to search engines, they now have a multi billion dollar business.

    Look at Netopia, they were PIONEERS in the internet cafe business in the Philippines, the original owner sold his business for a very substantial amount.

    If you want to hit it big time, you've gotta find the next big thing.

    Yes it is true that Sipag at Tyaga yan, but you also have to have skills and know-how to make it possible.

    Tignan niyo si M54 Powered, lumalago ang kanyang man-whore business at naka bili ng M3 at Toor-Egg, and now he's sitting pretty in Sunny Florida State manion, in his olypic sized pool with his possy by his side and 50-Cent's album "Get Rich or Die Tryin'" in his boom-box
    Last edited by ILuvDetailing; March 3rd, 2007 at 10:40 AM.

Pano ba Yumaman?