Bill gates, why he is going to retire ?

Why bill gates trying to get off from work ?
Is he tired of developing vista ?

else

he is dedicating himself to bill and melinda gates foundation !!!

He is richest man in this world, He is doing right thing,
you know working for foundation is what good people do
he is that kind of man

read more information from the source URL

Microsoft today announced a bit of news that will come as a big shocker to many -- the scheduled retirement of its founder, Bill Gates. Set for July 2008, Bill Gates will start his transition out of the company commencing now, with the help of Microsoft's chief technology officer Ray Ozzie.

Bill Gates and friend Paul Allen started Microsoft back in 1975, and since then, Gates has been pretty much at the helm of the company. Although Gates stepped down as CEO several years ago to focus more on development, he very much remains involved in the day-to-day business at Microsoft with the help of Steve Ballmer. According to Microsoft, Gates retirement is stretched out for two years in order to help create a seamless and smooth transition for Ozzie and the rest of the company.

Effective July 2008 Bill Gates, chairman, will transition out of a day-to-day role in the company to spend more time on his global health and education work at the Bill & Melinda Gates Foundation. The company announced a two-year transition process to ensure that there is a smooth and orderly transfer of Gatesâ€™ daily responsibilities, and said that after July 2008 Gates would continue to serve as the companyâ€™s chairman and an advisor on key development projects.

Although Gates will remain Microsoft's chairman, he will no longer be giving his attention to Microsoft's development and affairs in the same manner that he has been doing. One of his largest roles in recent years has been the involvement with Windows Vista, set for release in 2007. When the Vista project began, Microsoft announced publicly that it would be the largest project in the history of the company. Since then, Gates has been involved on the technical aspects of Vista's development.

Outside of Microsoft, Gates and his wife Melinda are founders of the Bill and Melinda Gates Foundation, an organization that endows funding, grants and donations to schools, health organizations and charities around the world. The foundation is the largest of its kind, and has given away nearly $30 billion to help fight such diseases as cancer and AIDS. Gates said that he wishes to spend more time with the foundation and focus more on education work and health issues.

"This was a hard decision for me, I'm very lucky to have two passions that I feel are so important and so challenging. As I prepare for this change, I firmly believe the road ahead for Microsoft is as bright as ever," Gates said. Microsoft said that Ozzie will continue to report to Gates and at some point will transition over to reporting to Ballmer. "Bill and I are confident we've got a great team that can step up to fill his shoes and drive Microsoft innovation forward without missing a beat," said Ballmer.

While the industry has been speculating about Gates's retirement for years, it has become official today. Gates remains one of, if not the most, highly respected businessmen in the industry and is still the world's richest person.

Because He is Complacent !

50 billion dollars in the bank , I would have retired years ago.

From what I understand, he has lost his passion for software, and right now is not completely current. Having done that for a long time, and being the richest man in the world for some time, he has shifted his focus to changing peoples lives for the better.
Look at all the wealthy who never evolve.
Good for him, if he is effective.

Well actually, Gates made a promise years ago, before he was even a billionaire, that he was going to retire at 50. He is 50 now and by 2008 he'll actually be 52, so he's a little of schedule.

All things come to an end and maybe Gates is finished with Microsoft for now. Old Bill however, will still remain as Chairman of the software giant 'indefinitely'.

He probably feels it's time to do something else with his life and to be honest, that huge threat from Google is looming ever closer. Microsoft is thirty years old, that's a lot of his life, and after being at it since he was about 20, he's finally decided to call it quits.

And you know what? I admire him for it. All the more for Gates to be my hero!

he wants to spend most of his time helping others

Bill and Melinda Gates have both decided to concentrate the rest of their lives on building their foundation. That does not mean an end to work, believe me. Running a non profit, especially one as large as the Gates Foundation will be a lot harder than running Microsoft.

because he don't want to work hard any more

Because he was to the point years ago where he can do nothing and still rake in the cash.

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