Ending Soon! Save 33% on All Access

Obama Pokes Fun at Bill Gates as He Awards Him Presidential Medal of Freedom The Microsoft co-founder and wife Melinda were honored for their significant philanthropic work.

By Nina Zipkin

Chip Somodevilla | Getty Images
U.S. President Barack Obama jokes with Microsoft founder Bill Gates and his wife Melinda Gates before presenting the Presidential Medal of Freedom to 21 Americans during a ceremony in the East Room of the White House.

You know you've made it when the president of the United States teases you about your lack of game.

This week, 21 luminaries from multiple industries -- including Ellen DeGeneres, Michael Jordan, architect Frank Gehry, Diana Ross, Tom Hanks, NASA engineer Margaret Hamilton and Bill and Melinda Gates -- were awarded the Presidential Medal of Freedom, the United States' highest civilian honor.

Related: This Is Bill and Melinda Gates' Prediction for the Future of Online Education

President Obama opened his remarks at the White House by joking about the genesis of the Gates' relationship.

"We came close to missing out on Bill and Melinda Gates's incredible partnership because apparently Bill's opening line was, 'do you want to go out two weeks from this coming Saturday?' He's good with computers, but you know… Fortunately Melinda believes in second chances and the world is better for it," Obama said.

Citing the couple's tireless work to provide medical care, education, clean water and a safe and healthy environment to millions, the president commended the pair of "impatient optimists" for their continued fight to improve the world.

Founded 16 years ago, today the Gates Foundation has a presence in all 50 states and more than 100 countries and is responsible for providing $36 billion in grants.

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.