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127-526: Trump World Tower is a residential condominium building in the Turtle Bay neighborhood of Midtown Manhattan in New York City . The tower is located at 845 United Nations Plaza, on First Avenue between 47th and 48th Streets. It was developed by Donald Trump and was constructed between 1999 and 2001. Trump World Tower has 376 units. Designed by the architect Costas Kondylis , the building

254-558: A 501(c)(4) organization supporting Kamala Harris's 2024 presidential campaign . In response to the report, he did not explicitly address the donation or endorse Harris, but said "this election is different." In 1998, Gates rejected the need for regulation of the software industry in testimony before the United States Senate. During the Federal Trade Commission 's (FTC) investigation of Microsoft in

381-511: A Teletype Model 33 ASR terminal and a block of computer time on a General Electric (GE) computer for the students. Gates took an interest in programming the GE system in BASIC , and he was excused from math classes to pursue his interest. He wrote his first computer program on this machine, an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by

508-574: A strata , and in Quebec , where they are referred to as syndicates of co-ownership . The townhouse complex of Brentwood Village in Edmonton , Alberta , was the first condominium development in Canada (registered in 1967). With regular condominiums, the unit owner usually owns the internal unit space and a share of the corporation; the corporation owns the exterior of the building land and common area; in

635-488: A (single family) house. However, shares are not considered as real estate but as personal property and the co-op can take possession of the apartment for a term time and evict the tenant or owner because of disturbance or unpaid maintenance fees. Finnish housing cooperatives are incorporated as (non-profit) limited-liability companies ( Finnish : asunto- osakeyhtiö , Swedish : bostadsaktiebolag ), where one share usually represents one square meter (sometimes ten) of

762-791: A Microsoft employee, which an external law firm had begun probing in late 2019. During the COVID-19 pandemic, Gates has widely been looked at by media outlets as an expert on the issue, despite him not being a public official or having any prior medical training . His foundation did, however, establish the COVID-19 Therapeutics Accelerator in 2020 to hasten the development and evaluation of new and repurposed drugs and biologics to treat patients for COVID-19 , and, as of February 2021, Gates expressed that he and Anthony Fauci frequently talk and collaborate on matters including vaccines and other medical innovations to fight

889-530: A November 2020 interview, he said: "What are these, like, nudists? I mean, you know, we ask you to wear pants, and no American says, or very few Americans say, that that's, like, some terrible thing." Melinda Gates suggested that people should emulate the philanthropic efforts of the Salwen family, who sold their home and gave away half of its value, as detailed in their book, The Power of Half . Gates and his wife invited Joan Salwen to Seattle to speak about what

1016-426: A breakthrough innovation in sustainable energy technology could drive down both greenhouse gas emissions and poverty, and bring economic benefits by stabilizing energy prices. In 2011, he said: "If you gave me the choice between picking the next 10 presidents or ensuring that energy is environmentally friendly and a quarter as costly, I'd pick the energy thing." In 2015, he wrote about the challenge of transitioning

1143-560: A building to be classified as "Flats" is four, with a requirement for having at least one elevator or lift for buildings upwards of four floors. Almost all have a separate room called the "Drawing Room", used for guest entertainment purposes. However, its use as a TV room and dining room is common. Another unique feature is the balcony or "terrace", which is standard for all flats. In the Philippines, condominiums are classified into three types: low-rise, mid-rise, and high-rise. Condos have

1270-477: A child. The family encouraged competition; one visitor reported that "it didn't matter whether it was hearts or pickleball or swimming to the dock; there was always a reward for winning and there was always a penalty for losing". At age 13, he enrolled in the private Lakeside prep school . When he was in eighth grade, the Mothers' Club at the school used proceeds from Lakeside School's rummage sale to buy

1397-598: A combination of "microcomputer" and "software", and their first office was in Albuquerque. The first employee Gates and Allen hired was their high school collaborator Ric Weiland . They dropped the hyphen within a year and officially registered the trade name " Microsoft " with the Secretary of the State of New Mexico on November 26, 1976. Gates never returned to Harvard to complete his studies. Microsoft's Altair BASIC

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1524-403: A company that services emissions-intensive private jets. In 2019, he began to divest from fossil fuels . He does not expect divestment itself to have much practical impact, but says that if his efforts to provide alternatives were to fail, he would not want to personally benefit from an increase in fossil fuel stock prices. After he published his book How to Avoid a Climate Disaster , parts of

1651-542: A complex of residences, such as an apartment building, and a condominium is purely legal. There is no way to differentiate a condominium from any other residential building simply by looking at it or visiting it. What defines a condominium is the form of ownership. A building developed as a condominium (and sold in individual units to different owners ) could actually be built at another location as (for example) an apartment building (the developers would retain ownership and rent individual units to different tenants ). Where

1778-496: A condominium is a collection of individual units and common areas along with the land upon which they sit. Individual home ownership within a condominium is construed as ownership of only the air space confining the boundaries of the home. The boundaries of that space are specified by a legal document known in the United States as a Declaration, filed on record with the local governing authority. These boundaries may extend to

1905-401: A condominium is in essence an apartment building, as a practical matter, builders tend to build condominiums to higher quality standards than apartment complexes because of the differences between the rental and sale markets. They are typically slightly larger than apartments and are often constructed in a townhouse style in regions where single-family detached homes are common. Technically,

2032-429: A danger especially for smaller investors who could not survive the potentially high losses. Gates also does not own any cryptocurrencies himself. Gates studied the work of Andrew Carnegie and John D. Rockefeller , and donated some of his Microsoft stock in 1994 to create the "William H. Gates Foundation". In 2000, Gates and his wife combined three family foundations and donated stock valued at $ 5 billion to create

2159-641: A demonstration, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration was held at MITS's offices in Albuquerque, New Mexico ; it was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC . MITS hired Allen, and Gates took a leave of absence from Harvard to work with him at MITS in November 1975. Allen named their partnership "Micro-Soft",

2286-478: A few censuses metropolitan areas according to Statistics Canada . Condominiums exist in most parts of Canada, though they are more common in larger cities. They are regulated under provincial or territorial legislation, and specific legal details vary from jurisdiction to jurisdiction. In most parts of Canada, they are referred to as condominiums, except in British Columbia , where they are referred to as

2413-632: A fireside chat moderated by journalist and news anchor Shereen Bhan virtually at the Singapore FinTech Festival on December 8, 2020, on the topic, "Building Infrastructure for Resilience: What the COVID-19 Response Can Teach Us About How to Scale Financial Inclusion". Governments are there to think ahead to bad things that might happen. In the case of (the COVID-19) pandemic, not enough

2540-410: A founding document, which may variously be called a "Master Deed", "Enabling Declaration", "Declaration of Conditions", "Conditions, Covenants, and Restrictions (CC&Rs)", "Deed of Mutual Covenant" or simply a "Condominium Document". Among other things, this document can provide for the creation of a governing body or corporation, for example, a Homeowner's Association in the United States. Rules for

2667-765: A freehold owned by a corporation, itself owned by individual leaseholders. This provides an opportunity for them to participate in the proper management of the block. Again, the quality of management is very variable. The statute creating commonholds was motivated by a desire to eliminate some of the problems and perceived injustices, such as the commercial exploitation of lessees by freeholders as their leases began to have too little time left to satisfy lenders. Since most leasehold developments are undertaken by commercial entities, commonholds did not become widespread. There are, however, other statutes in place that give some degree of protection for leaseholders. It is, nevertheless, essential to consider proper legal advice whenever engaged in

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2794-558: A further $ 1 billion to Breakthrough Energy. In December 2020, he called for the U.S. federal government to create institutes for clean energy research, analogous to the National Institutes of Health . Gates has also urged rich nations to shift to 100% synthetic beef industries to reduce greenhouse gas emissions from food production. Gates has been criticized for holding a large stake in Signature Aviation ,

2921-513: A lower tax liability in an office condominium than in an office rented from a taxable, for-profit company. However, the frequent turnover of commercial land uses in particular can make the inflexibility of condominium arrangements problematic. In Australia, condominiums are known as " strata title schemes " or "community title schemes". The 2011 National Household Survey (NHS) showed that one in eight Canadian households lived in condominium dwellings, colloquially known as "condos", mostly located in

3048-548: A major player in the industry. The press quickly identified Microsoft as being very influential on the IBM PC. PC Magazine asked if Gates was "the man behind the machine?". Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates the president and chairman of the board, with Paul Allen as vice president and vice chairman. In early 1983, Allen left

3175-526: A million people that you didn't expect to die from a pandemic , or nuclear or bioterrorism ." Gates also identified innovation as the "real driver of progress" and pronounced that "America's way better today than it's ever been." Gates has often expressed concern about the potential harms of superintelligence ; in a Reddit "ask me anything", he stated that: First the machines will do a lot of jobs for us and not be super intelligent. That should be positive if we manage it well. A few decades after that though

3302-417: A non-profit corporation, in which the tenants own shares; each share carries the right and duty to lease an apartment from the cooperative. Shares can be bought and sold, but often the cooperative's rules strictly limit the price for which they may change hands. (In contrast, condominiums are traded on a free market). Because the official share prices are often lower than the market value and sellers often retain

3429-477: A result of the 2020 United States presidential election which led to the January 6 United States Capitol attack , Gates said a permanent ban of Trump "would be a shame" and would be an "extreme measure". He warned that it would cause "polarization" if users with different political views divide up among various social networks, and said: "I don't think banning somebody who actually did get a fair number of votes (in

3556-430: A solution to one of a series of unsolved problems presented in a combinatorics class by professor Harry Lewis . His solution held the record as the fastest version for over 30 years, and its successor is faster by only 2%. His solution was formalized and published in collaboration with Harvard computer scientist Christos Papadimitriou . Gates remained in contact with Paul Allen and joined him at Honeywell during

3683-657: A special type of ownership title called a CCT - condominium certificate of title. Condominiums usually have amenities, like swimming pools, owned parking, a clubhouse, and a building for administration. Initially, the concept of a condominium was introduced by the Federal Law "On the Fundamentals of the Federal Housing Policy" No. 4218-1 dated December 24, 1992: "Condominium is an association of owners of residential premises in apartment buildings with

3810-455: A two-story bar and cocktail lounge , is located in the building. It is a popular spot among UN diplomats who work nearby. The building and some of its condominium units have previously been featured on NBC 's The Apprentice , which featured Trump. It has also appeared on the NBC syndicated television show Extra Season 13 - Ep. 193. The building also featured heavily in the 2007 film Before

3937-580: A water, sanitation and hygiene program to provide sustainable sanitation services in poor countries. Its agriculture division supports the International Rice Research Institute in developing Golden Rice , a genetically modified rice variant used to combat vitamin A deficiency . The foundation aims to provide women and girls in the developing world with information and support regarding contraception and, ultimately, universal access to consensual family planning . In 2007,

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4064-517: Is 861 feet (262 m) high and has 72 constructed floors (but lists 90 stories on elevator panels) with curtain wall facades of dark, bronze-tinted glass. The tower is rectangular in plan, measuring 77 by 144 feet (23 by 44 m) with a slenderness ratio of 11:1. The resulting large windows allow for extensive views of the East River and Midtown Manhattan. The building is constructed with concrete to increase its wind resistance . In 1961,

4191-464: Is assigned to specific apartments ( Finnish : hallinnanjakosopimus , Swedish : avtal om delning av besittningen ) is usually used only with detached or semi-detached houses. A housing cooperative is a common form of home ownership in Finland. Owning shares that correspond to one apartment in a housing company is generally considered as much owning your own home as actually directly owning

4318-411: Is owned jointly by the apartment owners, who execute their joint ownership through an owner's association . The expenses of maintaining the joint property are shared pro rata among the owners. Another 5% of Danish homes are in housing cooperatives (Danish andelsbolig ), which occupy a legal position intermediate between condominiums and housing associations . The entire property is legally owned by

4445-492: Is the "time share", although not all time shares are condominiums, and not all time shares involve actual ownership of (i.e., deeded title to) real property. Condominiums may be found in both civil law and common law legal systems as it is purely a creation of statute . Among other things, the HOA assesses unit owners for the costs of maintaining the common areas, etc. That is, the HOA decides how much each owner should pay and has

4572-495: Is the founder and chairman of several companies, including BEN , Cascade Investment , TerraPower , Gates Ventures , and Breakthrough Energy . He has donated to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, reported to be the world's largest private charity . Through the foundation, he led an early 21st century vaccination campaign that significantly contributed to

4699-458: The Forbes list of the world's top billionaires . From 1995 to 2017, he held the title of the wealthiest person in the world every year except in 2008 and from 2010 to 2013. In 1999, he became the first ever centibillionaire when his net worth briefly surpassed US$ 100 billion. Since leaving day-to-day operations at Microsoft in 2008, Gates has pursued other business and philanthropic endeavors. He

4826-553: The Los Angeles Times criticized the foundation for investing its assets in companies that have been accused of worsening poverty, pollution and pharmaceutical firms that do not sell to developing countries . Although the foundation announced a review of its investments to assess social responsibility, it was subsequently canceled and upheld its policy of investing for maximum return, while using voting rights to influence company practices. Gates delivered his thoughts in

4953-523: The 2015 United Nations Climate Change Conference in Paris. One was Mission Innovation , in which 20 national governments pledged to double their spending on research and development for carbon-free energy in over five years' time. Another initiative was Breakthrough Energy , a group of investors who agreed to fund high-risk startups in clean energy technologies. Gates, who had already invested $ 1 billion of his own money in innovative energy startups, committed

5080-686: The Bill & Melinda Gates Foundation , the private charitable foundation he and his then-wife Melinda had established in 2000. He stepped down as chairman of the Microsoft board in February 2014 and assumed the role of technology adviser to support newly appointed CEO Satya Nadella . In March 2020, Gates left his board positions at Microsoft and Berkshire Hathaway to focus on his philanthropic efforts on climate change , global health and development, and education. Since 1987, Gates has been included in

5207-565: The Bill & Melinda Gates Foundation , which was identified by the Funds for NGOs company in 2013, as the world's largest charitable foundation, with assets reportedly valued at more than $ 34.6 billion. The foundation allows benefactors to access information that shows how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust . Gates, through his foundation, also donated $ 20 million to

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5334-553: The Carnegie Mellon University for a new building to be named Gates Center for Computer Science which opened in 2009. Gates has credited the generosity and extensive philanthropy of David Rockefeller as a major influence. He and his father met with Rockefeller several times, and their charity work is partly modeled on the Rockefeller family 's philanthropic focus, whereby they are interested in tackling

5461-849: The Church of the Holy Family and the Japan Society . Demolition began in October 1998. Prior to construction, many neighbors, including veteran journalist Walter Cronkite , opposed the building due to its height and lack of distinguishing exterior features. Among the concerns was that this tower would dwarf the headquarters of the United Nations across the street, in particular the United Nations Secretariat Building . East Side neighbors who opposed

5588-544: The Kingdom of Saudi Arabia , which made the apartments part of its Mission to the United Nations in 2008. George and Kellyanne Conway owned a condominium unit at Trump World Tower during the early 2000s. Socialite Jocelyn Wildenstein owns a 5,160-square-foot, eight bedroom penthouse in the Tower. In 2015 she listed it for $ 17.5 million, but it did not sell. In February 2017 she relisted it for $ 13 million. The World Bar ,

5715-936: The TRS-80 Model 100 , but he wrote code that shipped with the company's products as late as 1989. Jerry Pournelle wrote in 1985 when Gates announced Microsoft Excel : "Bill Gates likes the program, not because it's going to make him a lot of money (although I'm sure it will do that), but because it's a neat hack ." During the late 1990s, he was criticized for his business tactics , which were considered anti-competitive . This opinion has been upheld by numerous court rulings. In June 2006, Gates announced that he would transition out of his role at Microsoft to dedicate more time to philanthropy. He gradually divided his responsibilities between two successors when he placed Ray Ozzie in charge of management and Craig Mundie in charge of long-term product strategy. The process took two years to fully transfer his duties to Ozzie and Mundie, and

5842-707: The University of Essex stated, "Gates speaks as if all the lives being lost in India are inevitable but eventually the West will help when in reality the US & UK are holding their feet on the neck of developing states by refusing to break [intellectual property rights] protections. It's disgusting." Gates is opposed to the TRIPS waiver . Bloomberg News reported him as saying he argued that Oxford University should not give away

5969-631: The homeowner association represents an entity with rights and duties that may include contracts. The right of ownership is divided in the first article of the WoEigG into homeownership, individual freehold ownership, part ownership, and commonhold ownership. In Greece, condominiums became very popular in the 1960s. It is a building one sees everywhere in Greece, since most of its population lives in big cities. They are known as πολυκατοικίες ( polykatoikíes ), literally "multi-residences". In Hong Kong

6096-856: The mobile operating system race to Android was his biggest mistake. He stated that it was within their skill set of being the dominant player, but partially blames the antitrust litigation during the time. That same year, Gates became an advisory board member of the Bloomberg New Economy Forum . In March 2020, Microsoft announced Gates would be leaving his board positions at Berkshire Hathaway and Microsoft to dedicate himself to philanthropic endeavors such as climate change, global health and development, and education. The Wall Street Journal reported in May 2021 that Gates stepped down before Microsoft's board finished its investigation into Gates's alleged inappropriate sexual relationship with

6223-550: The "II" suffix. The family lived in the Sand Point area of Seattle in a home that was damaged by a rare tornado when Gates was 7. When Gates was young his parents wanted him to pursue a career in law. During his childhood, his family regularly attended a church of the Congregational Christian Churches , a Protestant Reformed denomination. Gates was small for his age and was bullied as

6350-492: The "federal, state, and local contracts." Gates has also provided personal donations to educational institutions. In 1999, Gates donated $ 20 million to the Massachusetts Institute of Technology for the construction of a computer laboratory named the "William H. Gates Building" that was designed by architect Frank Gehry . While Microsoft had previously given financial support to the institution, this

6477-643: The 18-story United Engineering Center was built on the site. The Center was demolished to make way for the Trump World Tower. In 1997, Donald Trump and his partners, including the Daewoo Corp. , a South Korean chaebol , signed a deal to purchase the site from the United Engineering Trustees for $ 52 million. Trump also acquired unused air rights from at least seven adjacent low-rise properties, specifically two brownstones,

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6604-584: The 1990s, Gates was reportedly upset at then Commissioner Dennis Yao for "float[ing] a line of hypothetical questions suggesting possible curbs on Microsoft's growing monopoly power". According to one source: Gates was vexed. "He started by calling Yao's ideas socialistic," recalls a source familiar with the July 15 meeting, "and as he got angrier and angrier and louder and louder, he got into calling them Communistic." After Facebook and Twitter had banned Donald Trump from their platforms on February 18, 2021, as

6731-683: The Devil Knows You're Dead . The main character of Don Delillo's 2003 novel Cosmopolis holds residence in the top three floors of a building that, while unnamed, is described as the tallest residential tower in New York and located at First Avenue in Midtown Manhattan . Condominium (living space) Residential condominiums are frequently constructed as apartment buildings, referred as well as Horizontal Property. There are also rowhouse style condominiums, in which

6858-465: The PC. Microsoft made a deal with SCP to be the exclusive licensing agent of 86-DOS, and later the full owner. Microsoft employed Paterson to adapt the operating system for the PC and delivered it to IBM as PC DOS for a one-time fee of $ 50,000. The contract itself only earned Microsoft a relatively small fee. It was the prestige brought to Microsoft by IBM's adoption of their operating system that would be

6985-582: The adoption of the bill. The bill should cut the global greenhouse gas emissions in a level similar to "eliminating the annual planet-warming pollution of France and Germany combined" and may help to limit the warming of the planet to 1.5 degrees – the target of the Paris Agreement . He thanked both Joe Manchin and Chuck Schumer for their efforts in a guest essay in The New York Times , where he said "Inflation Reduction Act of 2022 may be

7112-566: The apartment. Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold. There is usually no requirement for the owner(s) to live in the condo. Owning apartments for rent is a common form of saving and private investment in Finland. In Germany, condominiums are known as Eigentumswohnungen ( lit.   ' ownership dwellings ' ) and

7239-426: The association may be in the master deed, or could be a separate set of bylaws governing the internal affairs of the condominium. Matters addressed in the condominium bylaws may include the responsibilities of the owners' association, voting procedures to be used at association meetings , the qualifications, powers, and duties of the board of directors, and the powers and duties of the officers. The Bylaws may also cover

7366-655: The building began in 1999. The construction was financed by two German lenders, Deutsche Bank and Bayerische Hypo- und Vereinsbank . Trump World Tower was briefly the tallest all-residential tower in the world , prior to the completion of the 21st Century Tower in Dubai (2003) and the Tower Palace 3 in Seoul (2004). The tallest of the handful of wholly residential towers completed to date by Donald Trump, it cost approximately US$ 300 million to construct. The penthouse on

7493-409: The case of a freehold condominium the owner owns the land and building and the corporation owns common shared roadways and amenities. The Canadian Condominium Institute is a non-profit association of condominium owners and corporations with chapters in each province and territory. The Condo Owners Association COA Ontario is a non-profit association representing condominium owners with divisions across

7620-461: The climate activist community criticized Gates's approach as technological solutionism . In 2022, educational streamer Wondrium produced the series "Solving for Zero: The Search for Climate Innovation" inspired by the book. In June 2021, Gates's company TerraPower and Warren Buffett 's PacifiCorp announced the first sodium nuclear reactor in Wyoming . Wyoming Governor Mike Gordon hailed

7747-685: The company after receiving a Hodgkin lymphoma diagnosis, effectively ending the formal business partnership between Gates and Allen, which had been strained months prior due to a contentious dispute over Microsoft equity. Later in the decade, Gates repaired his relationship with Allen and together the two donated millions to their childhood school Lakeside. They remained friends until Allen's death in October 2018. Microsoft and Gates launched their first retail version of Microsoft Windows on November 20, 1985, in an attempt to fend off competition from Apple 's Macintosh GUI , which had captivated consumers with its simplicity and ease of use. In August 1986,

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7874-478: The company as its chairman and chief executive officer until stepping down as CEO in January 2000, succeeded by Steve Ballmer , but he remained chairman of the board of directors and became chief software architect. During the late 1990s, he was criticized for his business tactics , which were considered anti-competitive . In June 2008, Gates transitioned into a part-time role at Microsoft and full-time work at

8001-465: The company produced in its first five years. As the company grew, he transitioned into a manager role, then an executive. DONKEY.BAS , is a computer game written in 1981 and included with early versions of the PC DOS operating system distributed with the original IBM PC. It is a driving game in which the player must avoid hitting donkeys . The game was written by Gates and Neil Konzen . IBM ,

8128-518: The company struck a deal with IBM to develop a separate operating system called OS/2 . Although the two companies successfully developed the first version of the new system, the partnership deteriorated due to mounting creative differences. The operating system grew out of DOS in an organic fashion over a decade until Windows 95 , which hid the DOS prompt by default. Windows XP was released one year after Gates stepped down as Microsoft CEO. Windows 8.1

8255-567: The condominium ( "Condominio" ) is governed by law, last reformed in 2012. Co-ownership of the common parts of the buildings (such as the stairs, main walls, facades, roof, and courtyards) is mandatory: a landlord can not give up the right to common parts for not paying the costs. Each owner's quota in the condominium is expressed in thousandths ( "millesimi" ) of the whole; these are used to determine majorities in owners' assemblies ( "assemblee condominiali" ). See housing cooperative under owners association . Condominiums (Norwegian Eierseksjon )

8382-566: The conference, Gates warned that the world was not prepared for the next pandemic, a situation that would come to pass in late 2019 when the COVID-19 pandemic began. In March 2018, Gates met at his home in Seattle with Mohammed bin Salman , the crown prince and de facto ruler of Saudi Arabia to discuss investment opportunities for Saudi Vision 2030 . In June 2019, Gates admitted that losing

8509-449: The development is built on leased land. As condominium unit owners may wish to rent their home to tenants , similar to renting out single-owner real estate, but leasing rights may be subject to conditions or restrictions set forth in the declaration (such as a rental cap for the total number of units in a community that can be leased at one time) or otherwise as permitted by local law. A homeowners association (HOA), whose members are

8636-526: The end of their junior year, Evans was killed in a mountain climbing accident, which Gates described as one of the saddest days of his life. He then turned to Allen who helped him finish the system for Lakeside. At 17, Gates formed a venture with Allen called Traf-O-Data to make traffic counters based on the Intel 8008 processor. In 1972, he served as a congressional page in the House of Representatives. He

8763-633: The equivalent legal structures of a condominium is commonhold , a form of ownership introduced in September 2004. As of 3 June 2009, there were 12 commonhold residential developments comprising 97 units in England and one commonhold residential development, comprising 30 units, in Wales. "Condominium" is not a term that is widely used in England and Wales. Commonhold is a creature of statute and comparatively rare, and condominiums are more likely to be found in

8890-411: The equivalent to a condominium is a "multi-owner building" or "building in multiple ownership". These are sometimes part of a private housing estate comprising multiple buildings but often consist of a single building owned in common. The relationships among the parties, including rights of exclusive occupation of flats and parking spaces, are defined by the deed of mutual covenant ("DMC", analogous to

9017-607: The eradication of the wild poliovirus in Africa. In 2010, Gates and Warren Buffett founded the Giving Pledge , whereby they and other billionaires pledge to give at least half of their wealth towards philanthropy. William Henry Gates III was born on October 28, 1955, in Seattle, Washington as the only son of William H. Gates Sr. (1925–2020) and his first wife, Mary Maxwell Gates (1929–1994). His ancestry includes English , German , and Irish / Scots-Irish . His father

9144-465: The establishment of conditions for joint ownership and use of inter-apartment stairs, elevators, corridors, roofs, technical basements, non-apartment engineering equipment, adjacent territory, and other common areas. In Singapore and Malaysia , "Condo" or "Condominium" are terms used for housing buildings with some special luxury features like security guards, swimming pools, or tennis courts. In Singapore, most houses without such features are built by

9271-481: The expenditure of money to perform. This did not create a significant problem until the 1950s when flats (where ownership is divided horizontally) first began to appear on the market as more affordable, particularly for first-time buyers. Until then flats had been confined to short-term unsaleable tenancies, with varying degrees of statutory rent protection and security of tenure. It was soon learned that freehold flats were an unsatisfactory form of ownership because it

9398-526: The exterior of the units. Generally, these sets of rules and regulations are made available to residents and or as a matter of public record, via a condominium or homeowners association website, or through public files, depending on the state and its applicable laws. Condominiums are usually owned in fee simple title , but can be owned in ways that other real estate can be owned, such as title held in trust . In some jurisdictions, such as Ontario , Canada, or Hawaii US, there are "leasehold condominiums" where

9525-404: The exteriors of the dwellings or yards, and "site condominiums", where the owner has more control and possibly ownership (as in a "whole lot" or "lot line" condominium) over the exterior appearance. These structures are preferred by some planned neighborhoods and gated communities . The description of the condominium units and the common areas and any restrictions on their use are established in

9652-490: The family had done, and on December 9, 2010, Bill and Melinda Gates and investor Warren Buffett each signed a commitment they called the " Giving Pledge ", which is a commitment by all three to donate at least half of their wealth, over the course of time, to charity. The Foundation has received criticism, particularly over its role in Common Core , with critics stating the support is " cronyist " in that it profits from

9779-524: The form of leaseholds because of long-standing legal differences between leasehold and freehold tenure. By virtue of the landmark case of Tulk v Moxhay , in English law only restrictive covenants can be enforced against freehold land. This means it is not possible to enforce a positive covenant on successive owners of freehold land, other than to maintain a boundary fence, without creating an elaborate trust. A positive covenant is, broadly, one that involves

9906-477: The former Soviet Union . Approximately 65 units were sold to Russian buyers in the late 1990s. New York Yankees star Derek Jeter purchased a 5,425-square-foot condominium for $ 12.6 million in 2001, and sold it in 2012 for $ 15.5 million. In 2002, Bill Gates , Harrison Ford , and Sophia Loren were reported to have owned or rented apartments in the building. Trump sold the 45th floor in June 2001 for $ 4.5 million to

10033-436: The freedom to select whom to sell to, under-the-table payments are common. Current public policy favors condominiums over housing cooperatives, and recent legislation has aimed at making the latter more condominium-like. For example, since 2005, cooperative shares may be used to secure bank loans. (However, Danish mortgage banks still may not mortgage individual housing cooperative apartments.) In England and Wales , one of

10160-590: The global problems that are ignored by governments and other organizations. The foundation is organized into five program areas: Global Development Division, Global Health Division, United States Division, and Global Policy & Advocacy Division. Among others, it supports a wide range of public health projects, granting aid to fight transmissible diseases such AIDS , tuberculosis and malaria , as well as widespread vaccine programs to eradicate polio . It grants funds to learning institutes and libraries and supports scholarships at universities. The foundation established

10287-438: The governmental Housing Development Board (HDB), and such HDB units can be possessed for rent or individually bought from the government. Condominiums and HDB flats make up the overwhelming majority of available residential housing in the country. Bill Gates William Henry Gates III (born October 28, 1955) is an American businessman and philanthropist best known for his roles at Microsoft Corporation . He co-founded

10414-401: The individual retail and office spaces are owned by the businesses that occupy them, while the common areas of the mall are collectively owned by all the business entities that own the individual spaces. Unlike apartments, which are leased by their tenants , in most systems condominium units are owned outright, and the owners of the individual units also collectively own the common areas of

10541-550: The intelligence is strong enough to be a concern. I agree with Elon Musk and some others on this and don't understand why some people are not concerned. In an interview that was held at the TED conference in March 2015, with Baidu co-founder and CEO, Robin Li , Gates said he would "highly recommend" Nick Bostrom 's recent work, Superintelligence: Paths, Dangers, Strategies . During

10668-547: The interior side of the walls surrounding a condo, allowing the homeowner to make some interior modifications without impacting the common area. Anything outside this boundary is held in an undivided ownership interest by a corporation established at the time of the condominium's creation. The corporation holds this property in trust on behalf of the homeowners as a group—it may not have ownership itself. Some condominium complexes consist of single-family dwellings. There are also "detached condominiums" where homeowners do not maintain

10795-399: The interview, he provided his perspective on climate change, his charitable activities, various tech companies and people involved in them, and the state of America. In response to a question about his greatest fear when he looks 50 years into the future, Gates stated: "there'll be some really bad things that'll happen in the next 50 or 100 years, but hopefully none of them on the scale of, say,

10922-515: The leading supplier of computer equipment to commercial enterprises at the time, approached Microsoft in July 1980 concerning software for its upcoming personal computer, the IBM PC , after Gates's mother mentioned Microsoft to John Opel , IBM's then CEO . IBM first proposed that Microsoft write the BASIC interpreter. IBM's representatives also mentioned that they needed an operating system, and Gates referred them to Digital Research (DRI), makers of

11049-416: The legal power to collect that. Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia ) and storage . The legal structure is the same, and many of the benefits are similar; for instance, a nonprofit corporation may face

11176-462: The machine and how it would always execute software code perfectly. After the Mothers Club donation was exhausted, Gates and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC) which banned Gates, Paul Allen , Ric Weiland , and Gates's best friend and first business partner Kent Evans for

11303-605: The master deed described above) and the Building Management Ordinance Cap. 344. Condominiums are a very common form of real estate ownership in contemporary Hungary, as most state- or municipality-owned apartments were privatized following the end of socialism in Hungary in 1989. Historically, condominiums ( Hungarian : társasház ) were formalized as a legal ownership structure as early as 1924. Condominiums in Hungary are traded and mortgaged on

11430-485: The most important law considering condominiums is the Wohnungseigentumsgesetz (abbreviated WoEigG). It is the basis for all legal regulations involving individual freehold ownership, the rights, and duties of homeowner associations, and the management of condominiums. The WoEigG dates back to 1951, but it was re-enacted in 2007. Now, homeowners are invested with partial legal capacity, which means that

11557-535: The obligations of the owners with regard to assessments, maintenance, and use of the units and common areas, although those obligations are often found in the condominium's founding documents. Finally, they may set limits on the conduct of unit owners and residents. These are more readily amendable than the declaration or association bylaws, typically requiring only a vote of the governing body. Typical rules include mandatory maintenance fees (perhaps collected monthly), pet restrictions, and color/design choices visible from

11684-508: The origin of Microsoft's transformation from a small business to the leading software company in the world. Gates had not offered to transfer the copyright on the operating system to IBM because he believed that other personal computer makers would clone IBM's PC hardware. They did, making the IBM-compatible PC, running DOS, a de facto standard. The sales of MS-DOS (the version of DOS sold to customers other than IBM) made Microsoft

11811-539: The other being a Co-operative Housing Society (CHS) or Co-operative Group Housing Society (CGHS), which needs to be registered with the municipal authorities. Iranian government has begun supporting villas and opposing apartment building concerned by people's manner. In Israel, condominiums (known "בתים משותפים" , "shared houses" or "cooperative houses") are a common form of home ownership. Public housing has historically been organized as subsidized purchases and mortgages in government-constructed condominiums. In Italy,

11938-792: The owners themselves; in the 21st century, however, the owners' convention typically hires a professional building manager who does not personally live in the building. Decisions that involve changes to the terms and conditions, or larger common expenses, still need to be approved by the convention, however. Voting power is based on the percentage of property owned. In India, condominiums are known as "Apartments" or "Apartment Buildings/Complexes" or "Societies" or "Flats". Each building consists of multiple floors and flats/living units with different configurations. The most common configurations are "1-BHK", "2-BHK" and "3-BHK" (BHK stands for bedroom-hall-kitchen). The association of homeowners has many names - two common names are Resident Welfare Association (RWA) and

12065-733: The owners through their association, such as a homeowner association or its equivalent. Scholars have traced the earliest known use of the condominium form of tenure to a document from first-century Babylon . The word condominium originated in Latin . Condominium is an invented Latin word formed by adding the prefix con- 'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. Condominia (the Latin plural of condominium ) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This technique

12192-450: The pandemic. Gates has a multi-billion dollar investment portfolio with stakes in companies in multiple sectors and has participated in several entrepreneurial ventures beyond Microsoft, including: Gates considers climate change and global access to energy to be critical, interrelated issues. He has urged governments and the private sector to invest in research and development to make clean, reliable energy cheaper. Gates envisions that

12319-409: The presidential election) – well less than a majority – but I don't think having him off forever would be that good." In April 2021, during the COVID-19 pandemic , Gates was criticized for suggesting that pharmaceutical companies should hold onto patents for COVID-19 vaccines . The criticism came due to the possibility of this preventing poorer nations from obtaining adequate vaccines. Tara Van Ho of

12446-478: The project as a step toward carbon-negative nuclear power. Wyoming Senator John Barrasso also said that it could boost the state's once-active uranium mining industry. Gates spent many efforts to make pass the Inflation Reduction Act of 2022 because of his importance to climate. He tried to convince Joe Manchin to support a climate bill from the year 2019 and especially in the months before

12573-451: The project raised $ 400,000 in a bid to defeat it, with investment manager and philanthropist Alberto Vilar contributing $ 100,000. Opponents argued that the project would block views, was aesthetically unappealing, violated zoning laws, and was out of character with the surrounding neighborhood. The Municipal Art Society also challenged the project on grounds of air pollution . Opponents lost their battle in state court . Construction of

12700-552: The property, such as the exterior of the building, roof, corridors/hallways, walkways, and laundry rooms, as well as common utilities and amenities, such as the HVAC system and elevators. In other property regimes, such as those in Hong Kong and Finland , the entire buildings are owned in common with exclusive rights to occupy units assigned to the individual owners. The common areas, amenities, and utilities are managed collectively by

12827-412: The province and districts within the various municipalities. Apartments (Danish ejerlejlighed , literally "owner-apartment") comprise some 5% of Danish homes. They are traded and mortgaged on the same markets as freestanding houses, and are treated legally much like other forms of real estate. Each owner-tenant directly owns their own apartment; the rest of the building and the ground on which it stands

12954-481: The provisions to create enforceable positive covenants in freehold blocks of flats were occasionally mooted but never gained currency. On 21 July 2020 the UK Law Commission reported on the existing difficulties and made proposals to improve the law and encourage the acceptance of commonhold as the preferred form of tenure. In Finland, a condominium-like arrangement where the ownership of the real estate

13081-413: The purchase of a flat, for the requirements for a fully marketable flat remain complex. The Law of Property Act 1925 , s. 153, contains provisions for the "enlargement" of leases into freeholds, one of the effects of which is to preserve the enforceability of positive covenants contained in the lease against the resulting freehold. There are clear, but stringent, requirements. Artificial schemes using

13208-413: The rights to its COVID-19 information, as it had announced, but instead sell it to a single industry partner, as it did. His views on the value of legal monopolies in medicine have been linked to his views on legal monopolies in software. Gates has been critical of cryptocurrencies like Bitcoin . According to him, cryptocurrencies provide no "valuable output", contribute nothing to society, and pose

13335-401: The same market as any free-standing single-family home ( Hungarian : kertesház ; "garden-house"), and are treated much like other forms of real estate. The condominium acts as a non-profit legal entity maintaining the common areas of the property, and is managed by a representative ( Hungarian : közös képviselő ) elected by the owners' convention. Historically, this representative was one of

13462-427: The security of flats unless certain basic provisions were included. This benefited owners whether or not they borrowed money since the purchase was invariably conducted through a solicitor or licensed conveyancer trained to reject leases failing to meet the necessary standards. Despite these standards, the actual form of leasehold systems is variable. Highly favoured are arrangements where the leases are granted out of

13589-480: The single most important piece of climate legislation in American history" given its potential to spur development of new technologies. Gates gave further insights on climate change in his commencement address at Northern Arizona University on May 6, 2023, where he was bestowed an honorary doctorate. In October 2024, The New York Times reported Gates had recently donated $ 50 million to Future Forward USA Action,

13716-510: The software company with his childhood friend Paul Allen and later held the positions of chairman, chief executive officer (CEO), president, and chief software architect . He was also being its largest individual shareholder until May 2014. He was a pioneer of the microcomputer revolution of the 1970s and 1980s. Gates was born and raised in Seattle, Washington . In 1975, he and Allen founded Microsoft in Albuquerque, New Mexico . Gates led

13843-551: The summer after it caught them exploiting bugs in the operating system to obtain free computer time. The four students formed the Lakeside Programmers Club to make money. At the end of the ban, they offered to find bugs in CCC's software in exchange for extra computer time. Rather than using the system remotely via Teletype , Gates went to CCC's offices and studied source code for various programs that ran on

13970-491: The summer of 1974. In 1975, the MITS Altair 8800 was released based on the Intel 8080 CPU , and Gates and Allen saw the opportunity to start their own computer software company. Gates dropped out of Harvard that same year. His parents were supportive of him after seeing how much he wanted to start his own company. He explained his decision to leave Harvard: "if things hadn't worked out, I could always go back to school. I

14097-409: The system, including Fortran , Lisp , and machine language . The arrangement with CCC continued until 1970 when the company went out of business. The following year, a Lakeside teacher enlisted Gates and Evans to automate the school's class-scheduling system, providing them computer time and royalties in return. The duo worked diligently in order to have the program ready for their senior year. Towards

14224-461: The top two floors of the structure which totaled 20,000 square feet (1,858 m²) was priced at $ 58 million; however, after failing to sell for years, it was split into four different units. Around 2006, Donald Trump was involved in a struggle with the condominium board at the Trump World Tower. Trump requested the assistance of lawyer Michael Cohen , and Trump gained control of the board. The tower's most expensive floors attracted wealthy buyers from

14351-399: The unit owners, manages the condominium through a board of directors elected by the membership. This exists under various names depending on the jurisdiction, such as "unit title", "sectional title", " commonhold ", "strata council", or " tenant-owner's association ", "body corporate", "Owners Corporation", "condominium corporation" or "condominium association". Another variation of this concept

14478-413: The units open directly to the outside and are not stacked. Alternatively, detached condominiums look like single-family homes , but the yards (gardens), building exteriors, and streets, as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and maintained by a community association . Many shopping malls are commercial condominiums in which

14605-489: The widely used CP/M operating system. IBM's discussions with Digital Research went poorly and they did not reach a licensing agreement. IBM representative Jack Sams mentioned the licensing difficulties during a subsequent meeting with Gates and asked if Microsoft could provide an operating system. A few weeks later, Gates and Allen proposed using 86-DOS , an operating system similar to CP/M, that Tim Paterson of Seattle Computer Products (SCP) had made for hardware similar to

14732-752: The world's energy system from one based primarily on fossil fuels to one based on sustainable energy sources. Global energy transitions have historically taken decades. He wrote, "I believe we can make this transition faster, both because the pace of innovation is accelerating, and because we have never had such an urgent reason to move from one source of energy to another." This rapid transition, according to Gates, would depend on increased government funding for basic research and financially risky private-sector investment, to enable innovation in diverse areas such as nuclear energy , grid energy storage to facilitate greater use of solar and wind energy, and solar fuels . Gates spearheaded two initiatives that he announced at

14859-794: Was a national merit scholar when he graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the Scholastic Aptitude Tests (SAT) and enrolled at Harvard College in the autumn of 1973. He did not stay at Harvard long enough to choose a concentration, but took mathematics (including Math 55 ) and graduate level computer science courses. While at Harvard, he met fellow student and future Microsoft CEO Steve Ballmer . Gates left Harvard after two years while Ballmer stayed and graduated magna cum laude . Years later, Ballmer succeeded Gates as Microsoft's CEO and maintained that position from 2000 until his resignation in 2014. Gates devised an algorithm for pancake sorting as

14986-412: Was a prominent lawyer , and his mother served on the board of directors of First Interstate BancSystem and United Way of America . Gates's maternal grandfather J. W. Maxwell was a national bank president. Gates also has an older sister Kristi (Kristianne) and a younger sister Libby. He is the fourth of his name in his family but is known as William Gates III or "Trey" (i.e., three) because his father had

15113-446: Was completed on June 27, 2008. Since leaving day-to-day operations at Microsoft, Gates has continued his philanthropy and works on other projects. He stepped down as chairman of Microsoft in February 2014 to become technology advisor at the firm to support newly appointed CEO Satya Nadella . Gates provided his perspective on a range of issues in an interview that was published in the March 2014 issue of Rolling Stone magazine. In

15240-402: Was done. We can't forget that another pandemic will come and we'll need to invest in being ready in that, ... while not forgetting that we were not prepared and we're going to have to invest – just like having a fire department – some money in an intelligent way and actually simulate what might happen and make sure that we're ready for it. Gates favors the normalization of COVID-19 masks. In

15367-506: Was formally introduced in 1983. Approximately 19% of Norwegian homes are condominiums, as approximately 50% of the owner-occupied flats and duplexes, approximately 30% of the rowhouses, and 2.5% of the detached houses are organized as condominiums. The title "Condominiums" is not used in Pakistan rather they are called "Flats" for average-style buildings while "Complexes" for sophisticated and larger buildings. The minimum number of floors for

15494-579: Was frequently used to settle border disputes when multiple claimants could not agree on how to partition the disputed territory. For example, from 1818 to 1846, Oregon Country was a condominium over which both the United States and Great Britain shared joint sovereignty until the Oregon Treaty resolved the issue by splitting the territory along the 49th parallel and each country gaining sole sovereignty of one side. The distinction between

15621-487: Was not possible to impose essential maintenance requirements. As such, flats became virtually unmarketable because they were an unacceptable form of security to lenders. Thus solicitors, the principal property lawyers in England and Wales in those days, began to use leases instead, where such limitations did not apply. Progress was haphazard and piecemeal, but over time things became more standard. Improvements became universal as institutional lenders refused to advance money on

15748-518: Was officially on leave." Gates read the January 1975 issue of Popular Electronics which demonstrated the Altair 8800 , and contacted Micro Instrumentation and Telemetry Systems (MITS) to inform them that he and others were working on a BASIC interpreter for the platform. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for

15875-611: Was popular with computer hobbyists, but Gates discovered that a pre-market copy had leaked out and was being widely copied and distributed. In February 1976, he wrote An Open Letter to Hobbyists in the MITS newsletter in which he asserted that more than 90% of the users of Microsoft Altair BASIC had not paid Microsoft for it and the Altair "hobby market" was in danger of eliminating the incentive for any professional developers to produce, distribute, and maintain high-quality software. This letter

16002-458: Was the last version of the OS released before Gates left the chair of the firm to John W. Thompson on February 5, 2014. During Microsoft's early years, Gates was an active software developer, particularly in the company's programming language products, but his primary role in most of the company's history was as a manager and executive. He has not officially been on a development team since working on

16129-427: Was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment. Microsoft became independent of MITS in late 1976, and it continued to develop programming language software for various systems. The company moved from Albuquerque to Bellevue, Washington on January 1, 1979. Gates said he personally reviewed and often rewrote every line of code that

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