Microsoft company's shares reach its highest value since December 1999. In 2018, Microsoft surpassed Apple as the most valuable publicly traded company in the world after being dethroned by the tech giant in 2010. Childhood friends Bill Gates and Paul Allen sought to make a business utilizing their shared skills in computer programming. In 1972 they founded their first company, named Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data. While Gates enrolled at Harvard, Allen pursued a degree in computer science at Washington State University, though he later dropped out of school to work at Honeywell.
Bill Gates philanthropic work. Also in 2010, he was honored with the Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for his service to youth. In 2002, Bill and Melinda Gates received the Jefferson Award for Greatest Public Service Benefiting the Disadvantaged. He was given the 2006 James C. Morgan Global Humanitarian Award from the Tech Awards. In 2015 Gates, along with his wife Melinda, received the Padma Bhushan, India's third-highest civilian award for their social work in the country. Barack Obama honored Bill and Melinda Gates with the Presidential Medal of Freedom for their philanthropic