Paul Allen, one of the co-founders of Microsoft, has died at the age of 65. Here’s everything you need to know about the late tech titan.
UPDATE: Upon hearing of his passing, Bill Gates released the following statement:
“I am heartbroken by the passing of one of my oldest and dearest friends, Paul Allen. From our early days together at Lakeside School, through our partnership in the creation of Microsoft, to some of our joint philanthropic projects over the years, Paul was a true partner and dear friend. Personal computing would not have existed without him.
But Paul wasn’t content with starting one company. He channeled his intellect and compassion into a second act focused on improving people’s lives and strengthening communities in Seattle and around the world. He was fond of saying, “If it has the potential to do good, then we should do it.” That’s the kind of person he was.
Paul loved life and those around him, and we all cherished him in return. He deserved much more time, but his contributions to the world of technology and philanthropy will live on for generations to come. I will miss him tremendously.”
ORIGINAL: Back in 1975, Paul Allen helped co-found Microsoft alongside Bill Gates. Unfortunately, he passed away today at the age of 65 after a battle with non-Hodgkins lymphoma, succumbing to complications related to the cancer. Here’s everything you need to know about him following his tragic passing.
1. His lymphoma had returned after nine years of being in remission. Two weeks ago, Allen tweeted, “Some personal news: Recently, I learned the non-Hodgkin’s lymphoma I battled in 2009 has returned. I’ve begun treatment & my doctors are optimistic that I will see a good result. Appreciate the support I’ve received & count on it as I fight this challenge.”
2. He was the 46th richest person in the world. Upon his passing, the Seattle-based mogul was worth an estimated $20.2 billion.
3. He owns several professional sports teams. After purchasing the Portland Trail Blazers for $70 million in 1988, the value of the team has skyrocketed to $940 million in 2015. On top of the Trail Blazers, Allen owned the Seattle Seahawks and the the MLS team, the Seattle Sounders.
4. He was a notable philanthropist. Over the course of his lifetime, Allen gave $2 billion to various causes, and was even awarded the Andrew Carnegie Medal of Philanthropy as well as being named Inside Philanthropy’s “Philanthropist of the Year.” Since its establishment, the Paul G. Allen Family Foundation has doled out $494 million to over 1,500 nonprofits.
5. He convinced Bill Gates to leave Harvard to create Microsoft. In Albuquerque, New Mexico, they eventually delivered a DOS that would run on IBM’s computer line. Allen was often approached in the subsequent years by Gates to sell his shares, but Gates hesitated… something that led to his billionaire status.