What is the net worth of Paul Allen? When we talk about the billionaires of the World, Paul Allen is a common feature in the list. The late-business magnate was among the wealthiest persons on the globe. His family and friends are continuing his legacy. Paul was known for being a soft-hearted man. No doubt he worked hard to achieve a high spot in the World. Moreover, his hard work is the reason we are talking about him over here. Even after years of his death, Paul is still remembered for his good deeds and his wealth.
Paul Allen was an American business tycoon. Likewise, he was a legend in the field of computer programming and research. We all know that Allen was the co-founder of Microsoft. Alongside Bill Gates, Paul Allen started the legendary company and took it to the position it is on today. Hence, his contributions in the industry of computers and technology are worth the discussion. He was the childhood friend of the Microsoft founder. The two best friends started a company in the 1970s, which later became the best company for personal computers in the World. As a result, his life was always a part of the discussion.
Hence, the young generation is now curious to know more about the philanthropist. Over the years, he has brought laurels to his country and has made efforts to make Microsoft one of the highest-grossing companies in the world. Therefore, in this article, we will be discussing Paul Allen’s net worth. Likewise, we will shed some light on his works as a philanthropist. Moreover, we will get a glimpse of his life as the co-founder of the world’s largest computer company. Here’s what we know about Paul Allen.
Paul Allen’s Net Worth
Paul Allen was estimated to have a net worth of $20.3 billion. At the time of his death in the year 2018, Paul Allen was a rich person. The co-founder of Microsoft was among the billionaires of the world. His net worth is indeed a huge amount of money. No doubt, his works and efforts towards the company were major sources of his fortune. In the year 2018, Paul was ranked as the 44th-wealthiest person in the world. The American investor was associated with various works. Throughout his life, Paul has linked with various companies apart from the Microsoft Corporation. He founded another company named ” Vulcan Inc.” alongside his sister Judy Allen.
This company worked in managing Allen’s businesses and other philanthropic works. It had a major role in helping Allen earn a fortune. He was an active participant in the field of research and technology for many years. His career spanned almost 43 years. In these years, he worked for the welfare of the poor as well. He invested in various portfolios like private space flight ventures, media companies, and real estate holdings. All these had a fair share of contributions in making him the 44th-wealthiest person in the world.
More about Paul Allen
Paul Allen was born on January 21, 1953. Likewise, he died on October 15, 2018. The Microsoft co-founder was born in Seattle, Washington, the U.S. He died when he was just 65-years-old. In the year 1983, Allen was diagnosed with Hodgkin lymphoma. Due to this, he left all the active works in the multinational technology company. Likewise, he turned over to stay on board as the company’s Vice Chairman. However, by 2000, Allen walked -off the position of Vice-Chairman. Instead, he became the company’s senior strategy advisor and worked diligently.
Some of his famous investments include “Seattle Seahawks,” “Portland Trail Blazers,” and “Seattle Sounders FC.” Likewise, he has founded companies like ” Stratolaunch Systems” and ” Apex Learning.” His institutions include the Allen Institutes for Artificial Intelligence, Brain Science, and Cell Science. As a philanthropist, Allen has given a large amount of money to charitable organizations. Most prominently, he donated more than $2 billion to various educational and wildlife conservational programs. Paul Allen was a big name in Aerospace. He invested in the first manned private spaceplane. It was with the SpaceShipOne.
Over the years, Allen was awarded various accolades. Not in a single technology field, but in various other fields as a philanthropist and whatnot, Allen was given huge respect. As a result, he was named under the Time 100 Most Influential People in the world. Indeed, he had worked hard to become an influential person. To date, Allen is motivating the younger generation to work in the field of technology and bring laurels to their country.