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Paul Gardner ALLEN

Primary Position:
Chairman
Primary Company:
Vulcan
Estimated Net Worth:
At least $19 billion
Source of Wealth:
Self-Made
Age:
63
Birthday:
21 January 1953
Religion:
Unknown
Nationality:
United States
Hometown:
Seattle, Washington, United States
Marital Status:
Single

Biography

Allen started his career in 1974, as a Programmer at Honeywell. In 1975, he co-founded Microsoft with William Gates. At Microsoft, he served in various positions from 1975 to 1983. In 1983, he quit Microsoft but continued to serve on its board until 2000. In 1986, Microsoft went public. Currently, he holds less than 5% stake in Microsoft. In 1986, he founded Vulcan, his private investment vehicle. Through Vulcan, he manages his various business interests. Allen owns more than 20 vintage World War II fighter jets through his Flying Heritage ...

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Education History

Institution Name:
Washington State University (WSU)
Qualification Name:
Dropped Out
Education Type:
Undergraduate
Start Date:
1972
End Date:
1974
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Interesting Facts

Over the years, Allen has held stake in various companies through Vulcan, including Audience, High Speed Access, RCN, Shaman Pharmaceuticals, and SumTotal Systems.

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Interests, Passion, Hobbies

Kind of Interests, Passion and Hobbies: Sports - American Football
Description: He is the Owner of Seattle Seahawks, a professional American football franchise based in Seattle, Washington. They are members of the West division of the National Football Conference in the National Football League.

Kind of Interests, Passion and Hobbies: Sports - Football/Soccer
Description: He is a minority Owner of Seattle Sounders Football Club, an American professional soccer club based in Seattle, Washington that competes in Major League Soccer.

Kind of Interests, Passion and Hobbies: Philanthropy
Description: Allen is a generous philanthropist who has donated approximately $2 billion to various causes. He also joined Warren Buffett's Giving Pledge, agreeing to donate 50% of his fortune to charitable causes.

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Philanthropy

Giving Profile: Generous philanthropic donor gives primarily to educational, health and human causes. Lifetime giving exceeds $2 billion. Notable gifts include: $100 million to Allen Institute for Cell Science. In 2012, he pledged $300 million towards the Allen Institute for Brain Science and in 2014, pledged $100 million to fight Ebola. Chairman of the Paul G. Allen Family Foundation. In 2013, the foundation had assets exceeding $330 million and donated more than $16 million; gives primarily to educational, health and human causes. Notable gifts include: $12.5 million to SETI Institute, $6 million to the University of Washington, $5 million to Seattle BioMed, $4 million to Global FinPrint, a conservation project focused on the preservation of sharks worldwide, and $7 million in grants to a team of researchers who are working on new ways of combating Alzheimer's disease. In October 2015, Allen announced an additional $11 million in grants to institutions fighting against Ebola, out of which $2.1 million was awarded to Chembio Diagnostics Systems. Other recipients include: Chembio Diagnostics Systems, United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA), Becton, Dickinson and Company, and Foundation for Innovative New Diagnostics (FIND). In March 2016, Allen pledged $100 million to launch Paul G. Allen Frontiers Group, a Seattle, Washington-based biotech research group that would focus on funding bio-science researchers.

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