Paul Allen, who founded Microsoft with Bill Gates is dead
Paul Allen, who founded Microsoft with Bill Gates in the 1970s and later went on to become an investor, philanthropist and sports team owner, died yesterday after his latest battle with cancer at age 65.
In recent years, Allen was known as the owner of the NFL’s Seattle Seahawks and the NBA’s Portland Trail Blazers, and part owner of the Major League Soccer team the Seattle Sounders, along with a variety of business and charitable ventures.
One of the world’s wealthiest billionaires, Allen also founded Stratolaunch Systems, which built the world’s largest plane designed as a colossal rocket-launching aircraft touted as the future of space travel. The craft was on track for its first launch demonstration as early as 2019.
Allen died just two weeks after publicly revealing that non-Hodgkin’s lymphoma he fought into remission nine years ago had returned. Incurable cancer affects white blood cells.
He never married and had no children.
Allen was a high school classmate of Bill Gates in Seattle, and later, while working as a computer programmer, persuaded his friend to drop out of Harvard to create Microsoft, which became the world’s most valuable company in the 1990s.
Allen had left Microsoft by 1983 for health reasons but held on to shares that made up the bulk of his fortune, estimated at some $20 billion.
He is said to have possessed a remarkable intellect and a passion to solve some of the world’s most difficult problems, with the conviction that creative thinking and new approaches could make a profound and lasting impact.”
Microsoft said Allen’s contributions to their company, industry and community are indispensable.
As co-founder of Microsoft, in his own quiet and persistent way, he created magical products, experiences, and institutions. And in doing so, he changed the world,” added the company’s CEO, Satya Nadella.
While Gates attended Harvard, Allen studied at the University of Washington and invested heavily in research projects in his hometown of Seattle.
He invested $100 million to found the Allen Institute for Brain Science in 2003.
A decade later, he founded the Allen Institute for Artificial Intelligence to study the impacts on society of new technologies and the Allen Institute for Cell Science to fund research for the treatment of diseases.