“NEW YORK (CNNMoney.com) – Microsoft announced Thursday that chairman and co-founder Bill Gates will transition out of a day-to-day role at the company, effective July 2008, to spend more time working on his charitable foundation.
Gates will then work part-time at Microsoft (up $0.19 to $22.07, Charts) as chairman and technical adviser and will work full time for the Bill and Melinda Gates Foundation, the organization he founded with his wife, which focuses on global health and education.
“I’ve decided that two years from today, I will reorganize my personal priorities,” Gates said during a news conference, adding,”I have one of the best jobs in the world.”
“I believe with great wealth comes great responsibility – the responsibility to give back to society and make sure those resources are given back in the best possible way, to those in need,” he said. Gates added, “It’s not a retirement, it’s a reordering of my priorities.”
He seems like a good guy and I respect the work that he is doing. If you read the entire article and not just the section here you’ll see that his foundation has more than $29 billion in assets.
Here is a man who has helped to change the world and can easily continue to do so.