About Paul Allen
It has been known that one of the richest entrepreneurs and businesspeople in the world Paul Allen net worth reaches 13.2 billion dollars. His sources of his incomes include programming, being involved in business, investing and philanthropy. One of his most notable creations is the development of Microsoft which he founded together with Bill Gates. Microsoft is one of the most important sources of Paul Allen net worth which brings billions of dollars to the businessman.
In 2012, Paul Allen’s name was included in the list of the richest people in the world, where he got the 48th position. In addition, Paul Allen is known as a founder of Vulcan, Inc. company where he is also a chairman. Vulcan, Inc. manages all his philanthropic and investing involvements. It is also one of the most important sources of Paul Allen net worth.
Talking about his investments, Paul Allen is known as one of the wealthiest investors. His investment portfolio includes real estates, technology companies and media. In addition, he is known as being involved with two sports team which he own. Those are the Portland Trail Blazers which plays in the National Basketball Association and the Seattle Seahawks which plays in the National Football League.
In 1975, Paul Allen teamed up with Bill Gates and created a first version of Microsoft. In addition, he got involved into marketing of a programming language interpreter called Basic. Moreover, Paul Allen is credited with the creation of the title ‘Microsoft” which is known and used by billions of people all around the world. Later, Paul Allen and Bill Gates signed a contract with IBM which led Paul Allen and Bill Gates to become the wealthiest people in the world.
One of the most personal things about Paul Allen is that in 1982 he was diagnosed with Hodgkin’s lymphoma. However, he was successfully treated. It also has been rumored that because of this disease, Paul Allen started to limit himself from the involvement with Microsoft. In 2000, he officially announced that he was leaving the company. However, Paul Allen was offered a position of an adviser in the company.
In the same year it was reported that Paul Allen sold 68 million of shares of Microsoft, however 138 million of shares are still in his position which add millions of dollars to Paul Allen net worth. In 2007 and 2008, the list of the Most Influential People had his name in it.