Bill Gates remained in contact with Paul Allen, and he joined him at Honeywell during the summer of 1974. The MITS Altair 8800 was released the following year. The new computer was based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. Gates dropped out of Harvard at this time. He had talked over this decision with his parents, who were supportive of him after seeing how much their son wanted to start his own company. Gates explained his decision to leave Harvard, saying "...if things [Microsoft] hadn't worked out,
Business magnate as well as newspaper publishing. Their dominance was known as the Second Industrial Revolution, the Gilded Age, or the Robber Baron Era. Examples of well-known business magnates in the western world include historical figures such as oilman John D. Rockefeller, automobile pioneer Henry Ford, shipping and railroad veterans Aristotle Onassis, Cornelius Vanderbilt, Jay Gould, and James J. Hill, steel innovator Andrew Carnegie, newspaper publisher William Randolph Hearst, retail merchant Sam Walton, and banker J. P. Morgan. Contemporary industrial tycoons include e-commerce entrepreneur Jeff Bezos, real estate developer Donald Trump, investor Warren Buffett, computer programmer Bill Gates, technology innovator Steve Jobs,