Paul Allen The Microsoft Founder Former Net Worth

Paul Allen The Microsoft Founder Former Net Worth

birth date January 21, 1953
Born in Seattle, Washington, USA
nationality USA
date of death October 15, 2018 († 65 years)
deceased in Seattle, Washington, USA
Profession Entrepreneur, Microsoft co-founder
Full name Paul Gardner Allen

Paul Allen was an investor, entrepreneur, philanthropist and showman who rose to worldwide fame. He was best known for co-founding Microsoft with Bill Gates in 1975, and he went on to become a key driver of the personal computer revolution. Allen also had a passion for aviation; in 2013, he established the Flying Heritage Collection (FHC), an organization dedicated to preserving and displaying rare artifacts from global military history.

As a businessman, Allen was influential not only in technology but also in business deals that ranged from professional sports teams like the Seattle Seahawks NFL franchise to investments in cable companies and real estate. As a philanthropist, his legacy is just as impressive: through his Paul G. Allen Family Foundation, he donated millions of dollars to assist communities around the world including families affected by natural disasters such as Hurricane Katrina, refugees of war-torn countries like Syria, disadvantaged youth, educational initiatives and arts & culture programs among others. He also collaborated with other great minds to create imaginative projects such as SpaceShipOne the first private airplane to reach space and Vulcan Productions which educates viewers on scientific topics via documentary films and TV shows. The impact of Paul Allen’s many endeavors will continue to be felt for years to come.

How rich was Paul Allen The Microsoft Founder Former Net Worth?

Almost every child knows Bill Gates. But what about Paul Allen The Microsoft Founder Former Net Worth? In fact, the Microsoft co-founder and forever single wasn’t as well known in many people’s minds. Nevertheless, this American was one of the richest people in the world . This was also confirmed by Forbes magazine, which ranked Paul Allen as the 44th wealthiest person in the world before his death in 2018. His fortune could certainly be seen. So buying a €23 million property in Atherton, Silicon Valley on California’s West Coast, was easy for the entrepreneur and philanthropist. Before his death (October 15, 2018), Paul Allen had an estimated net worth of 17.52 billion euros. What will happen to his money is initially unclear. However, it is expected to go entirely to the philanthropist organization “The Giving Pledge”.

Great Assets

His Mercer Island property is also worth over 15 million euros . In fact, Paul Allen knew all about real estate. After all, he sold an office complex to (CEO Jeff Bezos ) in 2012 – for almost 1 billion euros! His investment portfolio was also worth millions. Whether Gist or Evri, in this way the entrepreneur is able to profit financially from the good ideas of others. The American also had two professional sports teams – they were also part of the clever investment strategy and also contributed to a steadily growing fortune.

In addition to the Seattle Seahawks , who play in the world-renowned National Football League ( NFL ), Paul Allen also owned the Portland Trail Blazers , who play in the NBA . Allen has been a shareholder in Seattle Sounders FC, a Major League Soccer team, since 2009. Paul Allen owned three yachts , including the Octopus. He put this yacht into operation in 2003, when at 126.20 meters it was still one of the largest and  most expensive luxury yachts in the world .

Paul Allen The Microsoft Founder Former Net Worth

The visionary Paul Allen – Microsoft

Whether as an art collector, businessman or in his role as a team owner, Paul Allen’s vision defined his life. In fact, the media has already described him as a “ visionary of the networked world ”. After all, by 2007 he had invested more than 10 billion euros in exactly this sector. At the same time, the businessman does not take a joke when it comes to his intellectual property. Half of Silicon Valley has already sued his company. Apple, Google, Facebook, eBay and Yahoo were also there.

That Paul Allen has had such an impressive career in the IT world may come as a surprise to some given his career path at a young age. He never graduated from Washington State University. But that was a good thing. In the end, he was able to fully devote himself to his role as a programmer . As a result, he laid the foundation for his current billion-dollar fortune shortly after graduating from high school. Paul Allen The Microsoft Founder Former Net Worth

It wasn’t long before the first company was founded with Bill Gates . The two friends developed software for automating traffic counts together. In 1973, Allen then worked as a programmer for the US company Honeywell. But that wasn’t enough for him. After all, it was Paul Allen who convinced Bill Gates, one of today’s most famous billionaires, to drop out of Harvard College. This paved the way for Paul Allen and Bill Gates to found Microsoft together .

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