Bill Gates, king of Microsoft, decided last year that he was going to step back from Microsoft to focus on some of his charitable work. Today is his last day. He'll remain as a part-time advisor, but he's out in terms of the day-to-day operations.
Love him or hate him, he's done a ton with charitable organizations, and is one of the big reasons the PC took off the way it did.
It's not like he's going in to a bad place. He's still in the top 10 in the world's richest people, and he's voluntarily retiring at age 52. Not a bad life at all.
What does this mean for the future? Will this hurt or help Microsoft? Only time will tell.
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