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 Sr. Regents for the University of Washington, and is a co-chair of the Bill and Melinda Gates Foundation, which his son Bill and his daughter-in-law Melinda founded. He has served as a director for Costco Wholesale, a bulk retail corporation, since 2003. He is also a founding co-chair of the Pacific Health Summit. He has adopted the suffix "Sr." to distinguish himself from his more famous son. Gates is co-author, with Chuck Collins, of the book "Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes", a defense of the policies promoted by the estate tax. He married Mary Maxwell Gates