Bill Gates, co-founder of Microsoft Corporation, stepped down from the company officially.

Gates leaves his full time duties as chairman of Microsoft.

According to Gates, he contributed whatever he can to the software giant company and now wants to spend most of his time in philanthropy. He will now be actively involved with the activities of philanthropic organization he founded with his wife in 2000 “Melinda Gates foundation”. The foundation boasts of being the biggest of its kind in USA in the financial report of 2007

This is in accordance with the Gates vision of creative capitalism.