Bill & Melinda Gates Foundation supported a broad range of social, health, and education developments including the establishment of the Gates Cambridge Scholarships at Cambridge University. In 1994, the foundation was formed as the William H. Gates Foundation. During the foundation's following years, funding grew to $2 billion. On June 15, 2006, Gates announced his plans to transition out of a day-to-day role with Microsoft, effective July 31, 2008, to allow him to devote more time to working with the foundation. In 2005, Bill and Melinda Gates, along with the musician Bono, were named by "Time" as Persons of the Year 2005 for their outstanding
Bill Gates Sr. Bill Gates Sr. William Henry Gates II (born November 30, 1925), better known as Bill Gates Sr., is an American retired attorney and philanthropist and author of the book "Showing Up for Life: Thoughts on the Gifts of a Lifetime". He is the father of Microsoft co-founder Bill Gates. One of a line of businessmen named William H. Gates, and sometimes called William Gates Jr. in his career, he is now generally known as William Henry Gates Sr. due to the greater prominence of his son William H. Gates III (Bill Gates). Gates was born in 1925 in Bremerton, Washington,