• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessBill Gates

Bill Gates is full of regret about missed vacations and broken relationships in commencement speech: ‘You are not a slacker if you cut yourself some slack’

By
Chloe Berger
Chloe Berger
Down Arrow Button Icon
May 15, 2023, 5:30 PM ET
As Bill Gates looks back, he remembers all the not so fond times Microsoft had together.
As Bill Gates looks back, he remembers all the not so fond times Microsoft had together.Hollie Adams—Bloomberg/Getty Images

Philanthropist, COVID prepper, harbinger of doom in Ted Talks, and founder of Microsoft, Bill Gates is wishing that he had kicked up his feet and just chilled out a bit more. In his recent commencement speech to the forestry and engineering graduates of Northern Arizona University, the icon of the Gen X ’90s looked kindly on slacking but admitted that he drove himself and his colleagues really hard back in early days of the web, all while outlining the five things he wishes he’d heard before he didn’t graduate. Gates famously dropped out of college to pursue his Microsoft dream, which many might say worked out fine for him, if fine means earning billions of dollars.

Recommended Video

Hindsight is 20/20, especially after becoming wealthy, and it appears as if Gates has his own ghost of Christmas past visiting him. The self-professed most important piece of advice Gates gave the crowd of fellow engineers was, “You are not a slacker if you cut yourself some slack.” Acknowledging that it took a long time to let that lesson sink in for himself, Gates joined the many exposing the benefits of greater work-life balance. These days, after chipping away at his $125 billion dollar fortune via his many philanthropic efforts—including finding that alcohol just doesn’t have any health benefits after all—one of the world’s richest men is reassessing how intense he needed to be to get to the top.

“When I was your age, I didn’t believe in vacations,” Gates notes, in remarks posted to his blog, Gates notes. He told the crowd that when he was 22 years old, he thought he would be working at Microsoft forever. “I didn’t believe in weekends. I pushed everyone around me to work very long hours. In the early days of Microsoft, my office overlooked the parking lot—and I would keep track of who was leaving early and staying late.” Looking at it now, he encouraged the new graduates to learn from his mistakes. “Take a break when you need to. Take it easy on the people around you when they need it, too.”

This isn’t Gates’ first time publicly mulling over his past ways. When he sat down a few weeks ago with British Prime Minister Rishi Sunak he fielded, for some reason, questions generated by A.I. chatbot ChatGPT, and one was the incredibly basic question of the best advice ever received. Gates responded with wise words from fellow philanthropist Warren Buffett about the importance of friendship. He said his previous intensity may have rubbed others the wrong way, and his attitude “meant that there were a lot of people who probably could’ve helped me that just didn’t fit in because I had this very narrow view of working style.” 

As Gates’ personal life has changed, his rigidity towards his professional goals has shifted as well. Getting older and becoming a father made him realize “there is more to life than work,” he explains to recent grads. Indeed, developments in Gates’ family have further spurned his desire to grow in other areas than just work. He described in a December 2022 letter that the news of his daughter expecting a child made him more inspired to build a future for other people’s children and grandchildren.

As Gates told it, slacking might mean taking more time to look back and cherish one’s own success, bounce back from difficulties, and develop relationships, all seemingly difficult to do while patrolling a software company’s employees’ cars going and coming. He cautions the foresters to not “wait as long as I did to learn this lesson.” After noting that new graduates survived many Tequila Sunrises, he encouraged them to do what he didn’t and “take a moment and have some fun.”

They might as well unwind given that Gates has some high expectations for their cohort, noting that he believes the Class of 2023 will “be the ones to solve the climate crisis and reduce the gap between the rich and poor.” Hopefully, they’ll get to relax too along the way.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Chloe Berger
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
1 day ago
placeholder alt text
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeDecember 22, 2025
2 days ago
placeholder alt text
Travel & Leisure
After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultrarich to an exclusive town just minutes from Mar-a-Lago
By Marco Quiroz-GutierrezDecember 22, 2025
2 days ago
placeholder alt text
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
12 hours ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
15 hours ago
placeholder alt text
Success
OpenAI's CEO Sam Altman says in 10 years' time college graduates will be working 'some completely new, exciting, super well-paid' job in space
By Preston ForeDecember 23, 2025
14 hours ago

Latest in Success

Jensen Huang
Successwork-life balance
Hoping AI will give you more work-life balance in 2026? Fortune 500 CEOs warn otherwise
By Preston ForeDecember 23, 2025
6 hours ago
Successphilanthropy
Larry Ellison’s $40 billion pledge to his son’s Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over
By Ashley LutzDecember 23, 2025
10 hours ago
In this photo illustration, a clerk holds Powerball lottery tickets at a convenience store
Personal FinancePowerball
Financial experts warn future winner of the $1.7 billion Powerball: Don’t make these common money mistakes
By Ashley LutzDecember 23, 2025
10 hours ago
Successsuccess
Nvidia CEO Jensen Huang says humility is an underrated leadership trait: ‘You cannot show me a task that is beneath me’
By Marco Quiroz-GutierrezDecember 23, 2025
11 hours ago
Young rich woman in front of plane
SuccessBillionaires
There are more self-made billionaires under 30 than ever before—11 of them have made the ultra-wealthy club in the last 3 months thanks to AI
By Emma BurleighDecember 23, 2025
12 hours ago
Man with laptop working on yacht deck.
SuccessWealth
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
12 hours ago