Bill Gates leaves Microsoft Board, focuses on philanthropy

Billionaire and co founder of Microsoft has stepped down from the Microsoft board to focus more on philanthropic activities.

The 65 year old who ranks as one of the richest men in the world has also left the board of Warren Buffet’s massive holding company, Berkshire Hathaway.

While disclosing this in a LinkedIn post, Mr Gates stated that, “The company will always be an important part of my life’s work and will continue to be engaged with its leadership.”

“I am looking forward to this next phase as an opportunity to maintain the friendships and partnerships that have meant the most to me. And I will continue to contribute to the two companies and effectively prioritize my commitment to addressing some of the world’s toughest challenges,” he added.

Mr. Gates has served on Berkshire’s board since 2004 but devotes much of his time to the charitable organization he set up with his wife, he Bill and Melinda Gates foundation.

The billionaire and his wife Melinda run one of the world’s largest charities, which has billions in assets and funds global health programs to combat disease and poverty.