Charles Gates Jr., Date of Birth, Place of Birth, Date of Death

    

Charles Gates Jr.

American philanthropist

Date of Birth: 27-May-1921

Place of Birth: Denver, Colorado, United States

Date of Death: 28-Aug-2005

Profession: philanthropist

Nationality: United States

Zodiac Sign: Gemini


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About Charles Gates Jr.

  • Charles Cassius Gates Jr.
  • (May 27, 1921 – August 28, 2005) was a businessman and philanthropist.
  • His father, Charles Gates Sr., bought Colorado Tire & Leather for $3,500 in 1911.
  • The company was renamed The Gates Rubber Company in 1919.
  • It became world's largest non-tire rubber manufacturer.
  • Charles Gates Jr.
  • took over in 1961, upon the death of his father.
  • The Gates Corporation continued to grow, diversify, and acquire other companies, including Learjet.
  • By 1996, the privately held Gates Corporation employed over 14,000 people.
  • It was sold to London-based Tomkins plc that year for US$1.1 billion. Charles C.
  • Gates Jr.
  • was trustee emeritus of the Gates Family Foundation, a large, Colorado-based charitable organization that has distributed over $147 million in grants over its 60-year history.
  • He also sat on the boards of many other organizations, including the Denver Museum of Nature & Science, home to Gates Planetarium.
  • He attended Graland Country Day School, class of 1934, and endowed the school to create an invention competition called the Gates Invention and Innovation Competition.
  • His namesake event has been held annually since 2000. Charles' uncle John Gates invented the V-belt in 1917, a staple component in all modern automotive and industrial applications.

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