Gordon Moore, the co-founder of the microchip company Intel, died on March 24 at the age of 94 in Hawaii. Moore’s company confirmed the news, adding that he was accompanied by his family in his final moments.
Moore was an inventor who helped found Intel in 1968 with Andrew Grove and Robert Noyce. Intel Inside CPUs are now found in more than 80% of desktop PCs worldwide.
Moore stated in a 1965 article that the number of transistors on microchips has increased roughly every year since the invention of integrated circuits a few years before. “Moore’s law” laid the groundwork for the computer processing industry and influenced the PC era. He wrote, according to the New York Post:
“Integrated circuits will enable marvels such as home computers – or, at the very least, terminals linked to a central computer – automatic car controls, and personal portable communications equipment.”
Processors improved and became more affordable at an exponential rate after Moore’s essay gained traction. This fueled the majority of the world’s technological development for the next 50 years, allowing the rise of home computers, the internet, and Silicon Valley behemoths like Apple, Facebook, and Google.
Gordon Moore’s net worth is estimated to be in the billions of dollars
Gordon Moore was born on January 3, 1929, in San Francisco, California. According to Celebrity Net Worth, Moore has a net worth of $7.1 billion. The deceased expert graduated from the University of California, Berkeley, with a bachelor’s degree in chemistry.
Later in life, he graduated from the California Institute of Technology with a Ph.D. in chemistry and physics. Before co-founding Intel Corporation with Robert Noyce in 1968, he worked at Johns Hopkins University’s Applied Physics Laboratory. During an interview in 2005, Gordon Moore expressed his belief that his technology forecast was correct.
“Being in the right place at the right time is fantastic.” I was extremely fortunate to have entered the silicon industry at its inception. And I got to go from a time when we couldn’t make a single silicon transistor to a time when we could fit 1.7 billion of them onto a single device! It’s been a fantastic journey.”
Despite the fact that he and CEO Noyce considered themselves equals, the former served as executive vice president until 1975. Moore was named chairperson and CEO in April 1979 and held that position until April 1987, when he was promoted to chairman. He was named chairman emeritus in 1997.
Gordon Moore was a philanthropist in addition to a scientist. He was an avid sports angler who traveled the world to pursue his hobby. He and his wife, Betty, established the Gordon and Betty Moore Foundation in 2000, which is dedicated to environmental issues. Moore’s $5 billion gift of Intel stock funded the foundation’s projects, which included the protection of the Amazon River watershed and salmon streams in the United States, Canada, and Russia.
He also contributed hundreds of millions of dollars to his alma mater, the California Institute of Technology, to help it maintain its status as a technological and research powerhouse, and he supported the SETI (Search for Extraterrestrial Intelligence) project. In 2002, President George W. Bush awarded Gordon Moore the Medal of Freedom, the country’s highest civilian honor. Betty Moore, his wife, and their two sons, Kenneth and Steven Moore, succeed him.
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