Bloomberg reported Microsoft Corp. (MSFT ▼-0.69% 36.13) Chairman Bill Gates will work on philanthropy full time for the rest of his life and contribute part time as a board member of the software maker, which is seeking a new chief executive officer.

Gates, speaking in an interview on Bloomberg Television’s “In the Loop with Betty Liu,” didn’t indicate whether Microsoft’s board was closer to choosing a replacement for CEO Steve Ballmer, who is retiring this year.

Amazing to think Bill Gates has done more good for the world than Apple’s chairman.