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...Microsoft's Bill Gates, that has meant wiring our libraries to 21st century broadband standards--in some of the same buildings that Andrew Carnegie built in the early 1900s. For Gates, it has also meant tackling a host of infectious diseases in the Third World. Former Netscape CEO Jim Barksdale is spending $100 million to teach more kids to read in his native Mississippi, which ranks near the bottom in state rankings of literacy. Jim Clark, legendary founder of Silicon Graphics, Netscape and Healtheon, has pledged $150 million for a biomedical-research facility at Stanford. Pierre Omidyar, founder of eBay...

Author: /time Magazine | Title: A New Way Of Giving | 7/24/2000 | See Source »

...people and tell them to come back in a few years when they need a little more. But to do it well, to apply all those billions where they will make the most difference, is a job and an obsession that take up almost every minute of her post-Microsoft career...

Author: /time Magazine | Title: Giving Billions Isn't Easy: Bill and Melinda Gates | 7/24/2000 | See Source »

...heading upstream to where those babies are falling into the river and solving the problem there. She's told this story two dozen times. But there is a fervor in her brown eyes and a drill-to-the-core focus that made her the top female executive at Microsoft until her retirement, at age 40, in 1997. She does not draw a salary for her work with the Gates Foundation. "We have an approach here that is very much based on the enthusiasm the Gateses have," Stonesifer says. "We can cause enormous health improvements rapidly." She talks in terms...

Author: /time Magazine | Title: Giving Billions Isn't Easy: Bill and Melinda Gates | 7/24/2000 | See Source »

Gates' first great non-Microsoft project, started in 1997, was paying billions to wire America's libraries. He deployed high-tech task forces that fanned out across the U.S. equipped with computers, modems and software, bridging the digital divide for poorer school districts. There is a room on the second floor of the Gates Foundation's new Seattle office complex that is command central for that initiative, where huge national maps are studded with pins showing which library districts have been wired--22,530 computers in 4,540 libraries in the U.S. and 4,024 computers in 1,435 libraries...

Author: /time Magazine | Title: Giving Billions Isn't Easy: Bill and Melinda Gates | 7/24/2000 | See Source »

...kill time in an auditorium packed with local school-board members, education bureaucrats and fidgety students. The guest of honor, Lawrence Ellison, 55, is running a little late. Ellison is CEO and founder of the Oracle software company. And today at least, with his stock holdings outrunning those of Microsoft's Bill Gates, Ellison is the richest man in the world. His jet has just touched down at Love Field. So the combo plods on, trying to fill another 20 minutes...

Author: /time Magazine | Title: He Gives Best By Investing: Lawrence Ellison | 7/24/2000 | See Source »

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