Mind Philosopher: August 2015

Bill Gates : Biography

Bill Gates

Bill Gates : Biography

Entrepreneur Bill Gates founded the world's largest software business, Microsoft, with Paul Allen, and subsequently became one of the richest men in the world.

Born on October 28, 1955, in Seattle, Washington, famed entrepreneur Bill Gates began to show an interest in computer programming at age 13. Through technological innovation, keen business strategy and aggressive business tactics, he and partner Paul Allen built the world's largest software business, Microsoft. In the process, Gates became one of the richest men in the world. In February 2014, Gates announced that he was stepping down as Microsoft's chairman.

Early Life

Bill Gates was born William Henry Gates III on October 28, 1955, in Seattle, Washington. Gates began to show an interest in computer programming at the age of 13 at the Lakeside School. He pursued his passion through college. Striking out on his own with his friend and business partner Paul Allen, Gates found himself at the right place at the right time. Through technological innovation, keen business strategy and aggressive business tactics, he built the world's largest software business, Microsoft. In the process, Gates became one of the richest men in the world.

Bill Gates grew up in an upper middle-class family with two sisters: Kristianne, who is older, and Libby, who is younger. Their father, William H. Gates Sr., was a promising, if somewhat shy, law student when he met his future wife, Mary Maxwell. She was an athletic, outgoing student at the University of Washington, actively involved in student affairs and leadership. The Gates family atmosphere was warm and close, and all three children were encouraged to be competitive and strive for excellence. Bill showed early signs of competitiveness when he coordinated family athletic games at their summer house on Puget Sound. He also relished in playing board games (Risk was his favorite) and excelled at Monopoly.

Bill had a very close relationship with his mother, Mary, who after a brief career as a teacher devoted her time to helping raise the children and working on civic affairs and with charities. She also served on several corporate boards, including those of the First Interstate Bank in Seattle (founded by her grandfather), the United Way and International Business Machines (IBM). She would often take Bill along when she volunteered in schools and at community organizations.

Bill was a voracious reader as a child, spending many hours pouring over reference books such as the encyclopedia. Around the age of 11 or 12, Bill's parents began to have concerns about his behavior. He was doing well in school, but he seemed bored and withdrawn at times. His parents worried he might become a loner. Though they were strong believers in public education, when Bill turned 13, they enrolled him at Seattle's Lakeside School, an exclusive preparatory school. He blossomed in nearly all his subjects, excelling in math and science, but also doing very well in drama and English.

While at Lakeside School, a Seattle computer company offered to provide computer time for the students. The Mother's Club used proceeds from the school's rummage sale to purchase a teletype terminal for students to use. Bill Gates became entranced with what a computer could do and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in BASIC computer language that allowed users to play against the computer.

It was at Lakeside School where Bill met Paul Allen, who was two years his senior. The two became fast friends, bonding on their common enthusiasm over computers, even though they were very different. Allen was more reserved and shy. Bill was feisty and at times combative. They both spent much of their free time together working on programs. Occasionally, they disagreed and would clash over who was right or who should run the computer lab. On one occasion, their argument escalated to the point where Allen banned Gates from the computer lab. On another occasion, Gates and Allen had their school computer privileges revoked for taking advantage of software glitches to obtain free computer time from the company that provided the computers. After their probation, they were allowed back in the computer lab when they offered to debug the program. During this time, Gates developed a payroll program for the computer company the boys hacked into, and a scheduling program for the school.

In 1970, at the age of 15, Bill Gates went into business with his pal, Paul Allen. They developed "Traf-o-Data," a computer program that monitored traffic patterns in Seattle, and netted $20,000 for their efforts. Gates and Allen wanted to start their own company, but Gates's parents wanted him to finish school and go on to college where they hoped he would work to become a lawyer.

Bill Gates graduated from Lakeside in 1973. He scored 1590 out of 1600 on the college SAT test, a feat of intellectual achievement that for several years he boasted about when introducing himself to new people.

Early Career

Gates enrolled at Harvard University in the fall, originally thinking of a career in law. But his freshman year saw him spend more of his time in the computer lab than in class. Gates did not really have a study regimen. Instead, he could get by on a few hours of sleep, cram for a test, and pass with a reasonable grade.

Gates remained in contact with Paul Allen, who, after attending Washington State University for two years, dropped out and moved to Boston, Massachusetts, to work for Honeywell. In the summer of 1974, Gates joined Allen at Honeywell. During this time, Allen showed Gates an edition ofPopular Electronics magazine featuring an article on the Altair 8800 mini-computer kit. Both boys were fascinated with the possibilities that this computer could create in the world of personal computing. The Altair was made by a small company in Albuquerque, New Mexico, called Micro Instrumentation and Telemetry Systems (MITS). Gates and Allen contacted the company, proclaiming that they were working on a BASIC software program that would run the Altair computer. In reality, they didn't have an Altair to work with or the code to run it. But they wanted to know if MITS was interested in someone developing such software. MITS was, and its president Ed Roberts asked the boys for a demonstration. Gates and Allen scrambled, spending the next two months writing the software at Harvard's computer lab. Allen traveled to Albuquerque for a test run at MITS, never having tried it out on an Altair computer. It worked perfectly. Allen was hired at MITS and Gates soon left Harvard to work with him, much to his parents' dismay. In 1975, Gates and Allen formed a partnership they called Micro-Soft, a blend of "micro-computer" and "software."

Microsoft (Gates and Allen dropped the hyphen in less than a year) started off on shaky footing. Though their BASIC software program for the Altair computer netted the company a fee and royalties, it wasn't meeting their overhead. Microsoft's BASIC software was popular with computer hobbyists who obtained pre-market copies and were reproducing and distributing them for free. According to Gates's later account, only about 10 percent of the people using BASIC in the Altair computer had actually paid for it. At this time, much of the personal computer enthusiasts were people not in it for the money. They felt the ease of reproduction and distribution allowed them to share software with friends and fellow computer enthusiasts. Bill Gates thought differently. He saw the free distribution of software as stealing, especially when it involved software that was created to be sold.

In February of 1976, Gates wrote an open letter to computer hobbyists saying that continued distribution and use of software without paying for it would "prevent good software from being written." In essence, pirating software would discourage developers from investing time and money into creating quality software. The letter was unpopular with computer enthusiasts, but Gates stuck to his beliefs and would use the threat of innovation as a defense when faced with charges of unfair business practices.

Gates had a more acrimonious relationship with MITS president Ed Roberts, often resulting in shouting matches. The combative Gates clashed with Roberts on software development and the direction of the business. Roberts considered Gates spoiled and obnoxious. In 1977, Roberts sold MITS to another computer company, and went back to Georgia to enter medical school and become a country doctor. Gates and Allen were on their own. The pair had to sue the new owner of MITS to retain the software rights they had developed for Altair.

Microsoft wrote software in different formats for other computer companies and, at the end of 1978, Gates moved the company's operations to Bellevue Washington, just east of Seattle. Bill Gates was glad to be home again in the Pacific Northwest, and threw himself into his work. All 25 employees of the young company had broad responsibilities for all aspects of the operation, product development, business development, and marketing. With his acumen for software development and a keen business sense, Gates placed himself as the head of Microsoft, which grossed $2.5 million in 1978. Gates was only 23.

The Rise of Microsoft

Gates's acumen for not only software development but also business operations put him in the position of leading the company and working as its spokesperson. He personally reviewed every line of code the company shipped, often rewriting code when he saw it necessary. As the computer industry began to grow with companies like Apple, Intel, and IBM developing hardware and components, Bill was continuously out on the road touting the merits of Microsoft software applications. He often took his mother with him. Mary was highly respected and well connected with her membership on several corporate boards including IBM. It was through Mary that Bill Gates met the CEO of IBM.

In November 1980, IBM was looking for software that would operate their upcoming personal computer (PC) and approached Microsoft. Legend has it that at the first meeting with Bill Gates someone at IBM mistook him for an office assistant and asked him to serve coffee. Gates did look very young, but he quickly impressed IBM, convincing them that he and his company could meet their needs. The only problem was that Microsoft had not developed the basic operating system that would run IBM's new computers. Not to be stopped, Gates bought an operating system that was developed to run on computers similar to IBM's PC. He made a deal with the software's developer, making Microsoft the exclusive licensing agent and later full owner of the software but not telling them of the IBM deal. The company later sued Microsoft and Gates for withholding important information. Microsoft settled out of court for an undisclosed amount, but neither Gates nor Microsoft admitted to any wrong doing.

Gates had to adapt the newly purchased software to work for the IBM PC. He delivered it for a $50,000 fee, the same price he had paid for the software in its original form. IBM wanted to buy the source code, which would have given them the information to the operating system. Gates refused, instead proposing that IBM pay a licensing fee for copies of the software sold with their computers. Doing this allowed Microsoft to license the software they called MS-DOS to any other PC manufacturer, should other computer companies clone the IBM PC, which they soon did. Microsoft also released software called Softcard, which allowed Microsoft BASIC to operate on Apple II machines.

Between 1978 and 1981, Microsoft's growth exploded, and staff increased from 25 to 128. Revenue also shot up from $4 million to $16 million. In mid-1981 Gates and Allen incorporated Microsoft, and Gates was appointed president and chairman of the board. Allen was named executive vice-president.

By 1983, Microsoft was going global with offices in Great Britain and Japan, and with 30 percent of the world's computers running on its software. But 1983 also brought news that rocked Microsoft to its very foundation. Paul Allen was diagnosed with Hodgkin's disease. Though his cancer went into remission a year later with intensive treatment, Allen resigned from company that same year. Rumors abound as to why Allen left Microsoft. Some say Bill Gates pushed him out, but many say it was a life-changing experience for Allen and he saw there were other opportunities that he could invest his time in.

The Invention of Microsoft Windows

Though their rivalry is legend, Microsoft and Apple shared many of their early innovations. In 1981 Apple invited Microsoft to help develop software for Macintosh computers. Some developers were involved in both Microsoft develeopment, and the development of Microsoft applications for Macintosh. The collaboration could be seen in some shared names between the Microsoft and Macintosh systems.

It was through this knowledge sharing that Microsoft was to develop Windows. A system was that used a mouse to drive a graphic interface, displaying text and images on the screen. This differed greatly from the text and keyboard driven MS-DOS system where all text formatting showed on the screen as code and not what actually would be printed. Bill Gates quickly recognized the threat this kind of software might pose for MS-DOS and Microsoft overall. For the unsophisticated user—which was most of the buying public—the graphic imagery of the VisiCorp software would be so much easier to use. Gates announced in an advertising campaign that a new Microsoft operating system was about to be developed that would use a graphic interface. It was to be called "Windows," and would be compatible with all PC software products developed on the MS-DOS system. The announcement was a bluff, in that Microsoft had no such program under development. But as a marketing tactic it was sheer genius as nearly 30 percent of the computer market was using the MS-DOS system and would wait for Windows software rather than change to a new system. Without people willing to change formats, software developers were unwilling to write programs for the VisiCorp system and it lost momentum by early 1985.

In November 1985, Bill Gates and Microsoft launched Windows; nearly two years after his announcement. Visually the Windows system looked very similar to the Macintosh system Apple Computer Corporation had introduced nearly two years earlier. Apple had earlier given Microsoft full access to their technology while it was working on making Microsoft products compatible for Apple computers. Gates had advised Apple to license their software but they ignored the advice, being more interested in selling computers. Once again, Gates took full advantage of the situation and created a software format that was strikingly similar to the Macintosh. Apple threatened to sue and Microsoft retaliated, saying it would delay shipment of its Microsoft compatible software for Macintosh users. In the end, Microsoft prevailed in the courts because it could prove that while there were similarities in how the two software systems operated, each individual function was distinctly different.

In 1986, Bill Gates took Microsoft public with an initial public offering (IPO) of $21 per share. Gates held 45 percent of the company's 24.7 million shares and became an instant millionaire at age 31. Gates's stake at that time was $234 million of Microsoft's $520 million. Over time, the company's stock increased in value and split numerous times. In 1987, Bill Gates became a billionaire when the stock raised to $90.75 a share. Since then, Gates has been at the top, or at least near the top, of Forbes' annual list of the top 400 wealthiest people in America. In 1999, with stock prices at an all time high and the stock splitting eight-fold since its IPO, Gates's wealth briefly topped $101 billion.

Yet, Bill Gates never felt totally secure about the status of his company. Always having to look over his shoulder to see where the competition was, he developed a white hot drive and competitive spirit. Gates expected everyone in the company to have the same drive and dedication. One story goes that one of Gates's assistants had come to work early to find someone sleeping under a desk. She considered calling security or the police when she discovered it was Gates.

Bill Gates's intelligence allowed him to be able to see all sides of the software industry—product development and corporate strategy. When analyzing any corporate move, he would develop a profile of all the possible cases and run through them, asking questions about anything that could possibly happen. His confrontational management style became legend as he would challenge employees and their ideas to keep the creative process going. An unprepared presenter would hear, "That's the stupidest thing I've ever heard!" from Gates. But this was as much a test of the rigor of the employee as it was Gates's passion for his company. He was constantly testing the people around him to see if they were really convinced of their ideas.

Outside the company, Bill Gates was gaining a reputation as a ruthless competitor. Several tech companies led by IBM began to develop their own operating system called OS/2 to replace MS-DOS. Rather than give into the pressure, Gates pushed ahead with the Windows software, improving its operation and expanding its uses. In 1989, Microsoft introduced Microsoft Office which bundled office productivity applications such as Microsoft Word and Excel into one system that was compatible with all Microsoft products. The applications were not as easily compatible with OS/2. Microsoft's new version of Windows sold 100,000 copies in just two weeks and OS/2 soon faded away. This left Microsoft with a virtual monopoly on operating systems for PCs. Soon the Federal Trade Commission began to investigate Microsoft for unfair marketing practices.

Microsoft faced a string of Federal Trade Commission and Justice Department investigations throughout the 1990s. Some related allegations that Microsoft made unfair deals with computer manufactures who installed the Windows operating system on their computers. Other charges involved Microsoft forcing computer manufactures to sell Microsoft's Internet Explorer as a condition for selling the Windows operating system with their computers.

At one point, Microsoft faced a possible break up of its two divisions—operating systems and software development. Microsoft defended itself, harking back to Bill Gates's earlier battles with software piracy, and proclaiming that such restrictions were a threat to innovation. Eventually, Microsoft was able to find a settlement with the federal government to avoid a breakup. Through it all, Gates found some inventive ways to deflect the pressure with light-hearted commercials and public appearances at computer trade shows posing as Star Trek's Mr. Spock. Gates continued to run the company and weather the federal investigations through the 1990s.

Personal Life

In 1989, a 28-year-old Microsoft executive named Melinda French caught the eye of Bill Gates, then 37. The very bright and organized Melinda was a perfect match for Gates. In time, their relationship grew as they discovered an intimate and intellectual connection. On January 1, 1994, Melinda and Bill were married in Hawaii. But only a few months later heartbreak struck Bill Gates as his mother was diagnosed with breast cancer. She died in June 1994. Gates was devastated.

Bill and Melinda took some time off in 1995 to travel to several countries and get a new perspective on life and the world. In 1996, their first daughter, Jennifer, was born. A year later, Gates moved his family into a 55,000 square foot, $54 million house on the shore of Lake Washington. Though the house serves as a business center, it is said to be a very cozy home for the couple and their three children.

Philanthropic Efforts

With wife Melinda's influence, Gates took an interest in filling his mother's role as a civic leader. He began to realize that he had an obligation to give more of his wealth to charity. Being the consummate student he was, Gates studied the philanthropic work of Andrew Carnegie and John D. Rockefeller, titans of the American industrial revolution. In 1994, Gates and his wife established the William H. Gates Foundation which was dedicated to supporting education, world health, and investment in low-income communities. In 2000, the couple combined several family foundations to form the Bill and Melinda Gates Foundation. They started out by making a $28 billion contribution to set up the foundation.

Bill Gates stepped down from the day-to-day operations of Microsoft in 2000, turning over the job of CEO to college friend Steve Ballmer who had been with Microsoft since 1980. He positioned himself as chief software architect so he could concentrate on what was for him the more passionate side of the business. He still remains chairman of the board. Over the next few years, his involvement with the Bill and Melinda Gates Foundation occupied much of his time and even more of his interest. In 2006, Gates announced he was transitioning himself from full-time work at Microsoft, to devote more quality time to the Foundation. His last full day at Microsoft was June 27, 2008.

In addition to all the accolades of being one of the most successful and richest businessmen in the history of the world, Bill Gates has also received numerous awards for philanthropic work. Time magazine named Gates one of the most influential people of the 20th century. The magazine also named Gates, his wife Melinda, and rock band U2's lead singer Bono as the 2005 Persons of the Year.

Gates also holds several honorary doctorates from universities throughout the world and an honorary Knight Commander of the Order of the British Empire by Queen Elizabeth II. In 2006, Gates and his wife were awarded the Order of the Aztec Eagle by the Mexican government for their philanthropic work throughout the world in the areas of health and education.

In February 2014, Gates announced that he would be stepping down as chairman of Microsoft in order to move into a new position as technology adviser. In addition to Gates's transition, it was reported that longtime Microsoft CEO Steve Ballmer would be replaced by 46-year-old Satya Nadella.

Source: http://www.biography.com/people/bill-gates-9307520

11:17 AM
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Mark Zuckerberg :Biography

Computer Programmer

Mark Zuckerberg

Mark Zuckerberg :Biography

Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world's youngest billionaires.

Born on May 14, 1984, in White Plains, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room. He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to more than 250 million people, making Zuckerberg a billionaire. The birth of Facebook was recently portrayed in the film The Social Network.

Early Life

Mark Elliot Zuckerberg was born on May 14, 1984, in White Plains, New York, into a comfortable, well-educated family, and raised in the nearby village of Dobbs Ferry. His father, Edward Zuckerberg, ran a dental practice attached to the family's home. His mother, Karen, worked as a psychiatrist before the birth of the couple's four children—Mark, Randi, Donna and Arielle.

Zuckerberg developed an interest in computers at an early age; when he was about 12, he used Atari BASIC to create a messaging program he named "Zucknet." His father used the program in his dental office, so that the receptionist could inform him of a new patient without yelling across the room. The family also used Zucknet to communicate within the house. Together with his friends, he also created computer games just for fun. "I had a bunch of friends who were artists," he said. "They'd come over, draw stuff, and I'd build a game out of it."

To keep up with Mark's burgeoning interest in computers, his parents hired private computer tutor David Newman to come to the house once a week and work with Mark. Newman later told reporters that it was hard to stay ahead of the prodigy, who began taking graduate courses at nearby Mercy College around this same time.

Zuckerberg later studied at Phillips Exeter Academy, an exclusive preparatory school in New Hampshire. There he showed talent in fencing, becoming the captain of the school's team. He also excelled in literature, earning a diploma in classics. Yet Zuckerberg remained fascinated by computers, and continued to work on developing new programs. While still in high school, he created an early version of the music software Pandora, which he called Synapse. Several companies—including AOL and Microsoft—expressed an interest in buying the software, and hiring the teenager before graduation. He declined the offers.

Time at Harvard

After graduating from Exeter in 2002, Zuckerberg enrolled at Harvard University. By his sophomore year at the ivy league institution, he had developed a reputation as the go-to software developer on campus. It was at that time that he built a program called CourseMatch, which helped students choose their classes based on the course selections of other users. He also invented Facemash, which compared the pictures of two students on campus and allowed users to vote on which one was more attractive. The program became wildly popular, but was later shut down by the school administration after it was deemed inappropriate.

Based on the buzz of his previous projects, three of his fellow students—Divya Narendra, and twins Cameron and Tyler Winklevoss—sought him out to work on an idea for a social networking site they called Harvard Connection. This site was designed to use information from Harvard's student networks in order to create a dating site for the Harvard elite. Zuckerberg agreed to help with the project, but soon dropped out to work on his own social networking site with friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin.

Zuckerberg and his friends created a site that allowed users to create their own profiles, upload photos, and communicate with other users. The group ran the site—first called The Facebook—out of a dorm room at Harvard until June 2004. After his sophomore year, Zuckerberg dropped out of college to devote himself to Facebook full time, moving the company to Palo Alto, California. By the end of 2004, Facebook had 1 million users.

The Rise of Facebook

In 2005, Zuckerberg's enterprise received a huge boost from the venture capital firm Accel Partners. Accel invested $12.7 million into the network, which at the time was open only to ivy league students. Zuckerberg's company then granted access to other colleges, high school and international schools, pushing the site's membership to more than 5.5 million users by December 2005. The site then began attracting the interest of other companies, who wanted to advertize with the popular social hub. Not wanting to sell out, Zuckerberg turned down offers from companies such as Yahoo! and MTV Networks. Instead, he focused on expanding the site, opening up his project to outside developers and adding more features.

Zuckerberg seemed to be going nowhere but up, however in 2006, the business mogul faced his first big hurdle. The creators of Harvard Connection claimed that Zuckerberg stole their idea, and insisted the software developer needed to pay for their business losses. Zuckerberg maintained that the ideas were based on two very different types of social networks but, after lawyers searched Zuckerberg's records, incriminating Instant Messages revealed that Zuckerberg may have intentionally stolen the intellectual property of Harvard Connection and offered Facebook users' private information to his friends.

Zuckerberg later apologized for the incriminating messages, saying he regretted them. "If you're going to go on to build a service that is influential and that a lot of people rely on, then you need to be mature, right?" he said in an interview with The New Yorker. "I think I've grown and learned a lot."

Although an initial settlement of $65 million was reached between the two parties, the legal dispute over the matter continued well into 2011, after Narendra and the Winklevosses claimed they were misled in regards to the value of their stock.

Zuckerberg faced yet another personal challenge when the 2009 book The Accidental Billionaires, by writer Ben Mezrich, hit stores. Mezrich was heavily criticized for his re-telling of Zuckerberg's story, which used invented scenes, re-imagined dialogue and fictional characters. Regardless of how true-to-life the story was, Mezrich managed to sell the rights of the tale to screenwriter Aaron Sorkin, and the critically acclaimed film The Social Network received eight Academy Award nominations.

Zuckerberg objected strongly to the film's narrative, and later told a reporter atThe New Yorker that many of the details in the film were inaccurate. For example, Zuckerberg has been dating longtime girlfriend Priscilla Chan, a Chinese-American medical student he met at Harvard, since 2003. He also said he never had interest in joining any of the final clubs. "It's interesting what stuff they focused on getting right; like, every single shirt and fleece that I had in that movie is actually a shirt or fleece that I own," Zuckerberg told a reporter at a start-up conference in 2010. "So there's all this stuff that they got wrong and a bunch of random details that they got right."

Yet Zuckerberg and Facebook continued to succeed, in spite of the criticism.Time magazine named him Person of the Year in 2010, and Vanity Fairplaced him at the top of their New Establishment list. Forbes also ranked Zuckerberg at No. 35—beating out Apple CEO Steve Jobs—on its "400" list, estimating his net worth to be $6.9 billion.

Philanthropic Causes

Since amassing his sizeable fortune, Zuckerberg has used his millions to fund a variety of philanthropic causes. The most notable examples came in 2010. In September of that year, he donated $100 million to save the failing Newark Public Schools system in New Jersey. Then, in December 2010, Zuckerberg signed the "Giving Pledge", promising to donate at least 50 percent of his wealth to charity over the course of his lifetime. Other Giving Pledge members include Bill Gates, Warren Buffett and George Lucas. After his donation, Zuckerberg called on other young, wealthy entrepreneurs to follow suit. "With a generation of younger folks who have thrived on the success of their companies, there is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts," he said.

Going Public

Zuckerberg made two major life changes in May 2012. Facebook had its initial public offering, which raised $16 billion, making it the biggest internet IPO in history. How Zuckerberg's company will handle this influx of cash remains to be seen. But Zuckerberg may be looking at more acquisitions. He personally negotiated the company deal to buy Instragram the previous month.

After the initial success of the IPO, the Facebook stock price dropped somewhat in the early days of trading. But Zuckerberg is expected to weather any ups and downs in his company's market performance. He holds more than a quarter of its stock and retains 57 percent control of the voting shares.

On May 19, 2012—a day after the IPO—Zuckerberg wed his longtime girlfriend, Priscilla Chan. About 100 people gathered at the couple's Palo Alto, California home. The guests thought they were there to celebrate Chan's graduation from medical school, but instead they witnessed Zuckerberg and Chan exchange vows.

In May 2013, Facebook made the Fortune 500 list for the first time—making Zuckerberg, at the age of 28, the youngest CEO on the list.

Source : http://www.biography.com/people/mark-zuckerberg-507402#related-video-gallery

10:56 AM
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Muhammad Ali : Biography

Boxer

Muhammad Ali

Muhammad Ali : Biography

Muhammad Ali is considered one of the greatest athletes in boxing history, winning both the coveted Golden Gloves title and an Olympic gold medal, among several other honors.

Boxer, philanthropist and social activist Muhammad Ali was born Cassius Marcellus Clay Jr. on January 17, 1942 in Louisville, Kentucky. Ali became a Golden Gloves champion in 1959, and became an Olympic gold medalist the following year. Ali won all of his bouts in the 1960s, the majority of them by knockout. Since his retirement, Ali has devoted much of his time to philanthropy.

Early Life

Boxer, philanthropist and social activist Muhammad Ali was born Cassius Marcellus Clay Jr. on January 17, 1942 in Louisville, Kentucky. Considered one of the greatest athletes in boxing history, Ali showed at an early age that he wasn't afraid of any bout—inside or outside of the ring. Growing up in the segregated South, Ali experienced racial prejudice and discrimination firsthand, which likely contributed to his early passion for boxing.

At the age of 12, Ali discovered his talent for boxing through an odd twist of fate. His bike was stolen, and Ali told a police officer, Joe Martin, that he wanted to beat up the thief. "Well, you better learn how to fight before you start challenging people," Martin reportedly told him at the time. In addition to being a police officer, Martin also trained young boxers at a local gym.

Ali started working with Martin to learn how to box, and soon began his boxing career. In his first amateur bout in 1954, he won the fight by split decision. Ali went on to win the 1956 Golden Gloves tournament for novices in the light heavyweight class. Three years later, he won the National Golden Gloves Tournament of Champions, as well as the Amateur Athletic Union's national title for the light-heavyweight division.

Olympic Gold

In 1960, Ali won a spot on the U.S. Olympic boxing team. He traveled to Rome, Italy, to compete. At 6 feet 3 inches tall, Ali was an imposing figure in the ring. He was known for his footwork, and for possessing a powerful jab. After winning his first three bouts, Ali then defeated Zbigniew Pietrzkowski from Poland to win the gold medal.

After his Olympic victory, Ali was heralded as an American hero. He soon turned professional with the backing of the Louisville Sponsoring Group. During the 1960s Ali seemed unstoppable, winning all of his bouts with majority of them being by knockouts. He took out British heavyweight champion Henry Cooper in 1963 and then knocked out Sonny Liston in 1964 to become the heavyweight champion of the world.

Often referring to himself as "the greatest," Ali was not afraid to sing his own praises. He was known for boasting about his skills before a fight and for his colorful descriptions and phrases. In one of his more famously quoted descriptions, Ali told reporters that he could "float like a butterfly, sting like a bee" in the boxing ring.

Conversion to Islam

This bold public persona belied what was happening in Ali's personal life, however. He was doing some spiritual searching and decided to join the black Muslim group, the Nation of Islam, in 1964. At first, he called himself "Cassius X," eventually settling on the name Muhammad Ali. Two years later, Ali started a different kind of fight when he refused to acknowledge his military service after being drafted. He said that he was a practicing Muslim minister, and that his religious beliefs prevented him from fighting in the Vietnam War.

In 1967, Ali put his personal values ahead of his career. The U.S. Department of Justice pursued a legal case against Ali, denying his claim for conscientious objector status. He was found guilty of refusing to be inducted into the military, but Ali later cleared his name after a lengthy court battle. Professionally, however, Ali did not fare as well. The boxing association took away his title and suspended him from the sport for three and a half years.

Boxing Comeback

Returning to the ring in 1970, Ali won his first bout after his forced hiatus. He knocked out Jerry Quarry in October in Atlanta. The following year, Ali took on Joe Frazier in what has been called the "Fight of the Century." Frazier and Ali went for 15 rounds before Frazier briefly dropped Ali to the ground, before beating Ali by decision. Ali later beat Frazier in a 1974 rematch.

Another legendary Ali fight took place in 1974. Billed as the "Rumble in the Jungle," the bout was organized by promoter Don King and held in Kinshasa, Zaire. Ali fought the reigning heavyweight champion George Foreman. For once, Ali was seen as the underdog to his younger, powerful opponent. Ali silenced his critics by defeating Foreman and once again becoming the heavyweight champion of the world.

Perhaps one of his toughest bouts took place in 1975 when he battled longtime rival Joe Frazier in the "Thrilla in Manila" fight. Held in Quezon City, Philippines, the match lasted for more than 14 rounds with each fighter giving it their all. Ali emerged victorious in the end.

By the late 1970s, Ali's career had started to decline. He was defeated by Leon Spinks in 1978 and was knocked out by Larry Holmes in 1980. In 1981, Ali fought his last bout, losing his heavyweight title to Trevor Berbick. He announced his retirement from boxing the next day.

Philanthropy and Legacy

In his retirement, Ali has devoted much of his time to philanthropy. He announced that he has Parkinson's disease in 1984, a degenerative neurological condition, and has been involved in raising funds for the Muhammad Ali Parkinson Center in Phoenix, Arizona. Over the years, Ali has also supported the Special Olympics and the Make a Wish Foundation among other organizations.

Muhammad Ali has traveled to numerous countries, including Mexico and Morocco, to help out those in need. In 1998, he was chosen to be a United Nations Messenger of Peace because of his work in developing countries.

In 2005, Ali received the Presidential Medal of Freedom from President George W. Bush. He also opened the Muhammad Ali Center in his hometown of Louisville, Kentucky, that same year. "I am an ordinary man who worked hard to develop the talent I was given," he said. "I believed in myself and I believe in the goodness of others," said Ali. "Many fans wanted to build a museum to acknowledge my achievements. I wanted more than a building to house my memorabilia. I wanted a place that would inspire people to be the best that they could be at whatever they chose to do, and to encourage them to be respectful of one another."

Despite the progression of his disease, Ali remains active in public life. He embodies the true meaning of a champion with his tireless dedication to the causes he believes in. He was on hand to celebrate the inauguration of the first African-American president in January 2009 when Barack Obama was sworn-in. Soon after the inauguration, Ali received the President's Award from the NAACP for his public service efforts.

As he has done every year since its inception, Ali hosted the 15th Annual Celebrity Fight Night Awards in Phoenix in March 2009. The event benefited the Celebrity Fight Night Foundation and the Muhammad Ali Parkinson Center.

Ali has been married to his fourth wife, Yolanda, since 1986. The couple has one son, Asaad, and Ali has several children from previous relationships, including daughter Laila who followed in his footsteps for a time as a professional boxer.

Source : http://www.biography.com/people/muhammad-ali-9181165

10:29 AM
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