The co-founder of Microsoft and one of the world's richest men Bill Gates was awarded an honorary knighthood by Britain's Queen this week for his contribution into global improvement of quality of life.

According to the U.K. Foreign & Commonwealth Office, the honorary knighthood recognizes Gates?contributions to improving health and reducing poverty in parts of the Commonwealth and elsewhere in the developing world. Gates also was recognized for his contribution to enterprise, employment, education and the voluntary sector in the United Kingdom.

?I am humbled and delighted. I'm particularly pleased that this honor helps recognize the real heroes our foundation supports to improve health in poor countries. Their incredible work is helping ensure that one day all people ?no matter where they are born ?will have the same opportunity for a healthy life, and I'm grateful to share this honor with them,?Mr. Gates said in his statement.

• Microsoft.com: Statement by Bill Gates on Receiving an Honorary Knighthood.
• WindowsForDevices.com: Gates Knighted.