Bill Gates stepping down from Microsoft board

Microsoft co-founder and Windows creator Bill Gates has announced he is stepping down from the company's board to focus on philanthropic activities.

Gates, one of the world's richest people, said he wants to focus on global issues such as climate change. According to Forbes, Gates is the world's second-richest person, worth £84.4bn (Amazon founder Jeff Bezos is top).

The 65-year-old stepped down from running Microsoft directly in 2008. Before then, Gates approved the launch of the Xbox - although he took some convincing. In a February 2000 make-or-break meeting, what Xbox staff would go on to call "the St. Valentine's Day massacre" because they were forced to cancel Valentine's Day plans, Gates questioned the wisdom of getting into the video game console business. But the Xbox was eventually given the green light, and the rest is history.

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