Biography And Career Of Paul Allen – American Business Magnate

Paul Allen is an American business mogul, investor and researcher. He also serves as a Philanthropist. He co-founded the largest software company in the globe, Microsoft. Allen also has business interests in technology, media, and sports. Allen was also a co-founder of Microsoft along Bill Gate.

Business mogul Allen was also interested research. Thus, he created several research institutes including the Institute for Artificial Intelligence. Stratolaunch Systems, the Allen Institute for Brain Science and Stratolaunch Systems. Allen was born 21 January 1953 in Seattle, Washington to Edna Faye & Kenneth Sam Allen. His full name was Paul Gardner Allen. He attended Lakeside School in Seattle where he met Bill Gate. The two became close friends through their shared love of computers. After graduating from high school, Allen enrolled at Washington State University in Computer Science. Bill went on to Harvard. Paul Allen decided to leave the university after two year and convinced Bill not to. This allowed them both to pursue their passions in software and computers.

Inspired by an article in “Popular Electronics”, featuring the Altair microcomputer, MITS computer’s latest product, the two friends moved to Albuquerque. MITS is located in New Mexico. After saving $16,000 and working hard for a while, they founded the world’s largest software in 1975. It wasn’t an easy road, but their success story has been hard. Today, the small company they founded with $16,000 has a revenue figure of 89.95 billion. The two friends also rank among the richest in the world.

Paul Allen is also the founder of Vulcan Capital Inc, a private asset management company. Vulcan capital Inc., a private asset manager company that he founded in 1986, is his creation. His mission is to solve some of the toughest problems in the world. He opened a Palo Alto office to invest in internet and young technology companies in 2013. Redfin and Audience Inc are his latest investments. Decide.com is also his real estate company. He has built over 6,000,000 square feet of office retail, residential and biotech space. It sold office space to Amazon for $1.16 billion in 2012.

Paul Allen owns the Seattle Seahawks National Football League franchise. Ken Behring purchased the team in 1996. He also owns the NBA’s Portland Blazers. This team was purchased for $70M in 1988 from Larry Weinberg. He also partly owns Seattle Sounders FC. Along with Jody Allen, the business magnate, he started Vulcan Productions, which is a TV production and film company located in Seattle. Both serve as executive producers for the company. His love of aviation and passion led him to set up Vulcan Aerospace. The Space Ship One project was funded by Vulcan Aerospace. This aircraft is the first to transport a civilian to suborbital Space. Stratolaunch Systems is his other aerospace interest.

Allen is a recognized philanthropist and has contributed more than $2B to the advancements of science, technology, education, arts, community services, wildlife conservation, and education. Allen has contributed to many foundations including the Paul G. Allen Family Foundation. Institute for Artificial Intelligence. Stratolaunch Systems. Institute for Cell Science. He contributed about $100 million in 2014 to West Africa’s fight against Ebola. Paul Allen, who has a net worth of approximately $25 billion, was the 43rd richest person in the world in 2018. His software company shares, as well as other business chains, are the source of his earnings.