Different River

”You can never step in the same river twice.” –Heraclitus

June 15, 2006

SHOCK: Bill Gates to Leave Microsoft

Filed under: — Different River @ 5:36 pm

Matt Drudge is headlining this Reuters story:

Microsoft’s Gates says to reduce role

Thu Jun 15, 2006 4:54pm ET

SEATTLE (Reuters) – Microsoft Corp. said on Thursday that chairman Bill Gates will stop taking a day-to-day role in the software giant he founded in order to do more work with his charitable foundation.

Gates said that by July 2008 he will work full-time for the Bill and Melinda Gates Foundation he started to promote health and education projects around the world.

“Obviously, this decision was a very hard one for me to make,” Gates told a news conference. “The change we’re seeing today is not a retirement, it’s a reordering of my priorities.”

In July 2008, Bill Gates will be 52 years old.

That sounds like a retirement to me. By my definition, retirement doesn’t mean you do nothing, it means you collect the benefits of years of working — and philanthropy counts as that, since he’ll be spending the money he spend the previous 30 years earning.

By the way, I’d like to be a philanthropist, too. So far, I’m still stuck on step 1: “Make a lot of money.” :-(

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