Paul Allen Net Worth

How much is Paul Allen Worth?

in Richest BusinessmenRichest Billionaires
Paul Allen net worth:
$19 Billion

Paul Allen net worth: Paul Allen is an American industrialist, investor, musician, sports team owner and philanthropist who has a net worth of $19 billion. Paul Allen earned the majority of his personal fortune by being the co-founder of Microsoft. Allen co-founded the software company with his childhood friend Bill Gates. Allen met Bill Gates while they were both attending the Lakeside School in Seattle. He went on to attend Washington State University but dropped out after two years. As computer industry was slowly forming, Allen convinced Gates to drop out of Harvard in order to found a software company. They set up shop in Albuquerque, New Mexico in 1975. It was Allen who eventually dubbed their venture "Micro-Soft". They trademarked the shortened version "Microsoft" on November 26, 1976. The company IPOd on March 13, 1986. After the first day of trading, Allen's 25% stake was worth $195 million. He was 33 years old. As you know by now, over the next few decades Microsoft became one of the most valuable companies in the world and made its founders extraordinarily rich.

Net Worth details: Paul Allen is known for his stake in Microsoft, although the exact amount has not been reported since 2000 because it fell below 5 percent. His fortune is mostly tied to the real estate, private equity, and energy sectors. Allen owns more than 1 million square feet of retail, office, and industrial space in California, New York, Washington, and Oregon. He has been involved in Uber, DreamWorks, Plains All America, and Ticketmaster. Allen is said to have lost $8 billion trying to expand broadband too early.

Today Paul Allen is the is chairman of Charter Communications, and founder and chairman of Vulcan Inc., his private asset management company. Allen has a multi-billion dollar investment portfolio that includes investments in over 40 other media, technology, and content companies. Allen is also the owner of three professional sports teams: the Portland Trail Blazers of the National Basketball Association (NBA), the Seattle Seahawks of the National Football League (NFL), and the Seattle Sounders FC franchise. Allen, like his colleague Gates, is involved in philanthropy, making contributions toward the advancement of science and technology, and to organizations related to health and human services.

Paul Allen Net Worth

Paul Allen

Date of Birth
Jan 21, 1953 (65 years old)
Programmer, Entrepreneur, Businessperson, Investor, Film Producer, Television producer, Inventor, Philanthropist
United States of America
5 ft 10 in (1.78 m)
171 lbs (77.55 kg)
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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