How Bill Gates a College Drop Out Became a Billionaire?

How Bill Gates a College Drop Out Became a Billionaire?

All of you know that, Bill Gates is a world famous College Drop out Billionaire. Bill Gates is a world famous Harvard University Drop out. In 1975, he founded Microsoft Corporation when he was in 2nd year of Harvard University, he left the College and never came back to join the same course again in Harvard University.

In Initial years, Bill Gates was writing a Software code for IBM. In early 80s, he developed a DOS operating system for IMB Computers. And for each IBM Computer he started getting a Royalty. Bill has never sold his DOS OS Copyrights because he strongly believed that, in future, many other players will enter into the Computer Manufacturing Business an he was True. After that Dell and several other companies enter into this Industry.

In 1985, Bill Gates first time taken Microsoft Corporation to the public and by going Microsoft Public, Bill & several other Microsoft Employees became Multi-millionaires because all of them were holding a large chunk of Microsoft Shares.

Today, Bill Gates is world's Largest Individual Shareholder (800 Million Shares) of Microsoft. Bill alone holds more than 8% of Total Microsoft Shares and thus he is the Richest Person of the world.

In 2000, during the IT Bubble, His Net Worth was crossed over US $ 100 Billion. Yes, Bill Gates is the only person of the world who became a CentiBillionaire in early 2000. Today (In 2009), his Net Worth is US $ 40 Billion according to Forbes, and still he is world's Richest Person.

The main reason why this Harvard Drop out become a Billionaire is because he developed a Successful Business (Microsoft Corporation) & taken it to the public and now his own stake value in his own Publically Listed Business Microsoft Corporation is worth of Billions.

Another reason, why Bill Gates Became a Billionaire even though he is a College Drop out is, because he started Early.

He started his Business at the age of 23 years only. And thus the Compund Interest has worked more on his Asset (Microsoft). What Most of the people in our world do is, they start late. Remember, The Compound Interest is the only factor that can make the game of money in your favour over the time. But for the Compound Interest to work, you MUST have to start early.

The more early you start, the compound interest will work more in favour of you and grow your wealth in a wild manner.

Another important thing why he became a Billionaire is, because he re-invested the profit of Microsoft again and again over the time. This is the other key of becoming a Billionaire. If you continue to re-invest the profit of your business again and again to grow its Asset Base than over the time, you are definitaley going to be a Billionaire.....!!!!