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Both Gatses guard their privacy closely, barring reporters from their plane and their home in Seattle. Melinda, in particular, has resisted the attention that comes with their wealth. For the first nine years of their marriage, she declined almost all media interviews. She quit her job at Microsoft after she had their first child in 1996. "I wanted to have some privacy in our community," she says. "When I took the kids to a preschool event, a mommy-and-toddler event, say, I could be like all the other moms...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

...Bill and Melinda have 21/2 degrees: she has two; he has a half." (Melinda, 41, has a bachelor's degree in computer science and economics and a master's in business from Duke University. Bill, 50, dropped out of Harvard at the end of his sophomore year to run Microsoft...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

Melinda is in the foundation office about two days a month. Bill is still busy being chairman of Microsoft, but they are both in regular contact with the staff, and they each spend about 15 hours a week on foundation business...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

...same year Bill became worth $100 billion (on paper) and one year into an epic antitrust suit brought against Microsoft by the U.S. government, they endowed the Bill & Melinda Gates Foundation with an initial $17 billion. They folded the old foundation into the new one and persuaded Bill Sr. to move out of his basement and into a real office. Patty Stonesifer, a former Microsoft executive who had been running the Gateses' library project, joined him to lead what was suddenly the biggest philanthropy in the country...

Author: /time Magazine | Title: From Riches to Rags | 12/19/2005 | See Source »

...mouse pads, representatives pitched their companies to prospective interns at the Summer Opportunities Fair yesterday in the Graduate School of Education’s Gutman Library. Bain & Company tried to entice passing students with red plastic eggs full of silly putty, while Merrill Lynch handed out colorful dartboards. Microsoft staffers sported black t-shirts with the words “Let’s Get Nerdy” emblazoned on them. They distributed the shirts to everyone who visited their table. Students have attended this fair each year, for the four years it has been running, in increasing numbers, according...

Author: By Sadia Ahsanuddin, CONTRIBUTING WRITER | Title: Firms Lure Students With Freebies | 12/15/2005 | See Source »

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