Paul Allen Net Worth (2023), Income, Car Collection, Property

Net Worth: $20.3 Billion
Date of birth: 21 January 1953 – 15 October 2018
Birthplace: Seattle, Washington, United States
Marital status: Unmarried

The Estimated Net Worth Paul Allen of is around $20.3 Billion.

Paul Allen Net Worth, Income, Car Collection, Property, and many more details are available in this article. Paul Allen Net Worth is $20.3 Billion. Paul Gardner Allen was an American entrepreneur, computer programmer, researcher, investor, and philanthropist.

He was a very popular American citizen, Paul co-founded Microsoft corporation with his childhood friend, Bill Gates in 1975, now Microsoft became the world’s largest personal computer software company.

He was born on 21 January 1953 in Seattle, Washington, United States, at the age of 65 he died on 15 October 2018 because of septic shock related to cancer.

  • Real name: Paul Gardner Allen
  • Famous as: Paul Allen
  • Date of Birth: 21 January 1953
  • Date of Death: 15 October 2018
  • Gender: Male
  • Birthplace: Seattle, Washington, United States

The Estimated Net Worth of Paul Allen:

Paul Allen was ranked 44th the world’s wealthiest person by Forbes in 2018, his estimated net worth was $20.3 billion when he died.

  • Estimated net worth in billion: $20.3 Billion
  • Estimated net worth in crores: 15,43,83 crores
  • The estimated net worth is lakh: 15438300 lakhs

Paul Allen Net Worth

His Luxury Assets:

  • Thurston Estate, Kailua-Kona
  • Mercer Island Estate, Seattle, United States
  • Villa Maryland, Cote d-Azur, France
  • Carbon Beach home, Grand Tetons, United States
  • Lopez Island Estate, Lopez Island
  • Beverly Hills Condo, Los Angeles
  • Teton Ridge Estate, United State
  • New York apartment, New York

Let’s see his Luxury Collection:

  • Octopus yacht
  • Tatoosh yacht
  • Meduse yacht
  • Yellow submarine
  • Mig-29
  • Space enthusiast
  • Porsche 959
  • 1988 Mazda B series

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Early Life

Paul Allen was born in Seattle, Washington, on January 21, 1953, to Kenneth Samuel Allen and Edna Faye Allen. His father worked as an associate director of libraries at the University of Washington. His mother was also a librarian.

Allen’s parents encouraged him and his sister Jody to pursue a wide range of interests by taking them to museums, galleries, and concerts. He developed a strong interest in science at a young age. His mother, Faye, used to host scientific club sessions for his elementary school when he was 10 years old.

Allen attended the Lakeside School in Seattle, a private school where he met and became good friends with Bill Gates.

Allen was 14 years old at the time, and Gates was 12; both were computer fanatics. Both buddies began developing their programming talents on various time-sharing computer systems in Lakeside’s Teletype terminal.

Allen was admitted to Washington State University after scoring 1600 on his SAT, but he dropped out after two years to work as a programmer for Honeywell in Boston.

He also persuaded Bill Gates, a close friend, and fellow computer enthusiast, to drop out of Harvard University to embark on an innovative project.

Career

Allen and Gates co-founded Microsoft in Albuquerque, New Mexico, in 1975, to market a BASIC computer programming language interpreter.

Allen came up with the moniker ‘Microsoft’ for the corporation, which was later published in a Fortune magazine story.

In 1980, Allen arranged for Microsoft to purchase a Quick and Dirty Operating System developed by Tim Paterson, a Seattle Computer Products employee.

This transaction prompted the company to create the Disk Operating System, which they provided to IBM and ran on IBM’s PC range. Allen and Gates became wealthy and famous as a result of the IBM purchase.

Allen was diagnosed with Hodgkin’s lymphoma in 1982 and underwent many months of chemotherapy.

Allen resigned from Microsoft’s Board of Directors in 2000 due to his deteriorating health. He was still the company’s executives’ main strategy advisor.

In 1986, Allen established the Paul G. Allen Family Foundation for the Advancement of Health and Human Services to further his commitment to the advancement of science and technology.

Every year, the foundation grants 30 million US dollars to various humanitarian and scientific programs.

Allen and David Liddle established the Interval Research Corporation in 1992. It was a Silicon Valley-based lab that was eventually closed after obtaining over 300 patents.

Paul Allen

Some of them are well-known patent infringement lawsuits filed against major corporations such as Apple, Yahoo!, YouTube, Google, Facebook, Netflix, eBay, AOL, Office Depot, OfficeMax, and others.

Allen invested 243 million US dollars in Ticketmaster in 1993, purchasing 80 percent of the company.

Under his direction, Ticketmaster entered the internet in 1995 by displaying a searchable database, and its first internet transaction occurred in 1996. In the same year, the company became public.

In 1996, Allen owned his first professional sports team, the Seattle Seahawks of the National Football League. The threat from the franchise’s former owner, Ken Behring, to relocate to Southern California prompted him to purchase the team.

In 1998, he bought his second NBA franchise, the Portland Trail Blazers, for $70 million from Californian real estate entrepreneur Larry Weinberg.

By 2010, the Portland Trail Blazers were worth $356 million and ranked 14th among NBA franchises.

The Faye G. Allen Center for Visual Arts, named after Allen’s mother, was built at Washington State University in 2003.

Additionally, he gave $14 million to the Seattle-based LMN Architects’ Paul G. Allen Center for Computer Science & Engineering.

Allen contributed significantly to the University of Washington Medical School over several years.

Allen and his sister Jo Lynn established the Allen Institute for Brain Science in 2003 by contributing $100 million to it. The organization’s data is freely and publicly accessible via the Allen Brain Atlas application. It is a charitable organization.

He invested 41 million US dollars in the Allen Spinal Cord Atlas online mouse gene atlas in 2008. The project enables researchers to gain access to existing spinal cord research data to better understand how an illness or injury can affect the spinal cord system.

By pointing to the locations where the genes are active, the map aids in the discovery of novel diagnoses for existing human neurological illnesses.

The paperback edition of Allen’s memoir, which included a new epilogue, was released in 2012. Allen’s memoir was first published in 2011 under the title “Idea Man: A Memoir by the Cofounder of Microsoft.”

Family Information of Paul:

  • Father: Kenneth Sam Allen
  • Mother: Adna Faye Allen
  • Sister: Jody Allen
  • Marital status: Unmarried

Education Qualification:

  • School: Lakeside School
  • College: Washington State University, (honor)

Honorary Degrees:

  • Nelson Mandela Metropolitan University
  • Cold spring harbor laboratory’s Watson school of biological sciences
  • Ecole Polytechnique Federale de Lausanne

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Titles of Paul Allen:

  • He is Chairman and co-founder of Vulcan inc.
  • He is the Founder of the Allen Institute for Brain Science
  • He is the Founder of the Allen Institute for the Cell Science
  • He is the Founder of the Allen Institute for Artificial Intelligence
  • He is the Founder of Apex Learning
  • He is the owner of the Seattle Seahawks and Portland trailblazers
  • Strategy advisor of Microsoft

Paul Allen

The Physical Appearance of Paul:

  • Height: In centimeters: 178 cm, In meters: 1.78 m, In feet inches: 5’10’’
  • Weight: In kilograms: 80 kg, In pounds: 176 pounds
  • Eye color: Blue
  • Hair color: Greyish white

Other Interesting Facts:

  • Birth sign: Aquarist
  • Nationality: American
  • Ethnicity: White
  • Residence: Seattle, Washington, United States

Awards & Achievements:

  • Collier trophy
  • National air and space museum trophy
  • Vanguard award
  • The W. J. S. krige lifetime achievement award
  • Eli and Edythe board award
  • Philanthropist of the year award 2014
  • Ischia humanitarian award 2015
  • Champion for global health award 2015
  • MLS cup 2016

Facts

  • Paul Allen, who co-founded Microsoft with Bill Gates and went on to become a philanthropist and sports team owner, died on October 15, 2018, at the age of 65.
  • Allen departed Microsoft in 1975, eight years after co-founding the company, after being diagnosed with Hodgkin’s illness.
  • He owned the Portland Trail Blazers of the NBA, the Seattle Seahawks of the NFL, and a share in the Seattle Sounders soccer team.
  • He donated more than $2 billion, $500 million of which went to his Allen Institute for Brain Science.
  • Allen revealed his condition of non-Hodgkins lymphoma in early October 2018. He had previously received treatment for the condition in 2009.

Frequently Asked Questions:

Q.1 Who is Paul Allen?
Paul Gardner Allen was an American entrepreneur, computer programmer, researcher, investor, and philanthropist

Q.2 When is the reason for Paul’s death?
He died on 15 October 2018 because of septic shock related to cancer.

Q.3 Is Paul was married?
No, he was unmarried.

Q.4 At what age did Paul die?
Paul has died at the age of 65.

Q.5 What was Paul Allen’s height?

Ans: Paul Allen was 5 ft 10 in tall.

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