Bill Gates reveals why Warren Buffett was an invaluable source of support during the stormiest period of his career

Frederic Legrand – COMEO / Shutterstock

Microsoft co-founder Bill Gates credits billionaire investor Warren Buffett as one of the people who has played the most instrumental role in his success — including helping him to get through one of the hardest periods in his career.

In an interview last week, Gates said that the 88-year-old Buffett helped him to get through the antitrust lawsuit more than 20 years ago that put Microsoft’s future in jeopardy. Gates said Buffett served as a “great counsel” to his dominant tech company, which the US government sued in 1998 for using its power to destroy the competition and further the monopoly of its Internet Explorer browser.

“The toughest thing that I went through was this antitrust lawsuit, where it didn’t seem very predictable,” Gates said last week at an event hosted by venture capital firm Village Global. “Getting somebody who is successful in another domain, but yet has kind of a business-type mindset … that was a huge gift.”


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