Microsoft · Fortune Technology
He later joined Design Intelligence, a Seattle software firm later picked up by Microsoft
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As of 2000, his net worth was estimated at $1 million.
Key facts
- Wallace’s 400 shares from his Microsoft days were worth as much as $15 million at one point, his wife, Megan Dana-Wallace, told the Times
- He served on the Microsoft board from 1981 to 1985, and then again from 1990 to 2000
- Their combined net worth was reportedly estimated at $15 million as of 2000
- As of 2000, his net worth was estimated at $1 million
Summary
As Microsoft celebrates its 51st anniversary, a look back at a 1978 photo of the company’s employees shows how much times have changed since its early days. The iconic photo, taken in 1978 in Albuquerque, N.M., shows 11 of the company’s earliest employees, some sporting glasses and eccentric facial hair, huddled together in the style of a family portrait. The ragtag Microsoft group only took the photo because Bob Greenberg, one of the company’s original “hard coders,” won a free portrait with a local photographer for guessing the name of an assassinated president on a radio competition. For those in the photo not named Bill Gates, the throwback portrait is most often how they get recognized in public, despite most of them now being worth millions. “It’s iconic,” Greenberg said of the photo, according to a Microsoft blog post.