Bill Gates fourth most powerful person in the world in 2012, up from fifth in 2011. In 1994, he was honored as the 20th Distinguished Fellow of the British Computer Society (DFBCS). In 1999, Gates received New York Institute of Technology's President's Medal. Gates has received honorary doctorates from Nyenrode Business Universiteit, Breukelen, The Netherlands, in 2000; KTH Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda University, Tokyo, Japan, in 2005; Tsinghua University, Beijing, China, in April 2007; Harvard University in June 2007; the Karolinska Institute, Stockholm, in 2007, and Cambridge University in June 2009. He was also made an honorary
Bill Gates operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry. Despite IBM's name on the operating system, the press quickly identified Microsoft as being very influential on the new computer. "PC Magazine" asked if Gates were "the man behind the machine?", and "InfoWorld" quoted an expert as stating "it's Gates' computer". Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates the president of Microsoft and its board chairman. Microsoft launched its first