Aren’t we all aware that Bill Gates is the world’s richest person? Today, however, we’ll learn about his best friend, Paul Allen. He was the driving force behind Microsoft Corporation, which he co-founded with Bill Gates and acted as the company’s strategic advisor.

Allen was also the founder of Vulcan Inc., a privately owned organization that oversees his family’s various commercial and humanitarian endeavors. He was a gifted electric guitarist and the author of Idea Man, among other things.

What Happened to Paul Allen’s Billions of Dollars After He Passed Away?

Paul Allen, who stands 5 feet 8 inches tall and has a net worth of $20.3 billion, was the 44th richest person in the world in 2018. After his death, his whole fortune was donated to charity for the benefit of impoverished areas.

Allen owned a 25 percent share in Microsoft Corporation, while Gates had a 45 percent stake. On the 13th of March 1986, when the share price jumped from $25.75 to $27.75, his shares in MSFT were worth $195 million.

Paul also controlled the NBA’s Portland Trail Blazers, the NFL’s Seattle Seahawks, and Major League Soccer’s Seattle Sounders FC. He also put $20 billion into real estate, private equity, and hydropower development. Uber, DreamWorks, Plains All America, and Ticketmaster are among his other paid partnerships.

Allen’s Real Estate Portfolio

Allen, the chairman and co-founder of Vulcan Inc., first purchased waterfront property on Mercer Island in Seattle, Washington, for 10,000 square feet. He possessed 11 residences, according to official documents, including a basketball court, swimming pool, and gym hall.

Allen has a 3,000 square foot home on Mercer Island that is valued at $5.4 million. He first bought Allan Island in Washington in 1992. However, in 2013, he sold the island for $8 million.

Billionaire Paul Allen’s Estate. (Source: Fortune )

After owning a sheep ranch in Tetonia, Idaho from 1993 to 2009, Paul ran Teton Ridge Ranch, a five-star luxury mountain lodge. In late 2014, he also owned his favorite Seattle movie theater.

Allen owned a number of high-end boats, including the 303-foot Tatoosh and the 414-foot Octopus. His other opulent residences are in Holland Park, London, and Villa Maryland, St. Jean Cap-Ferrat, Côte d’Azur.

Paul Allen hosted several celebrities-packed parties during the Cannes Film Festival in his 414-foot long yacht, Octopus(Source: Business Insider)

The Enchanted Hill ($20 million), Malibu’s Carob Beach ($25 million), and Paul’s North California property ($27 million) are among Paul’s other properties. He also had a historic 10-acre property worth $7.5 million and a $25 million Upper East Side penthouse.

Paul’s philanthropy

Allen, a Microsoft strategy advisor, has donated more than $2 billion to research, technology, education, the arts, wildlife conservation areas, and community services. His charity, the Paul G. Allen Family Foundation, has given $494 million to nearly 1,500 non-profit organizations.

Paul donated $100 million to a charity in the fight against the Ebola virus in West Africa in 2014. He praised various arts non-profit community institutions with $100 million as an enthusiastic art collector. The Allen Institute for Brain Science will receive his largest donation of $500 million.

Parents and Siblings of Paul Allen

Paul Gardner Allen, Microsoft’s co-founder, was born on January 21, 1953, in Seattle, Washington, United States. Kenneth Sam Allen, his father, was a librarian, and Edna Faye Allen, his mother, was a schoolteacher.

After the death of Paul Allen, his sister, Jody Allen is running his company, Vulcan, Inc.
(Source: Q13 Fox)

Allen grew up alongside his sister, Jody Allen, a successful businesswoman, philanthropist, and philanthropist. She was also the chief executive officer of Vulcan, Inc., Paul’s investment and project management organization.

Allen’s educational qualifications

Paul Allen, Jody Allen’s brother, attended Lakeside School, a prestigious independent private school. He went to the University of Washington after graduating from high school to study computer programming and research.

Allen also received a perfect score of 1600 on the SAT (Scholastic Aptitude Test), a standardized test required for college admission. In 1972, he was accepted to Washington State University, where Ana Cabrera was also a student.

Allen joined the Phi Kappa Theta fraternity as an honorary member during his collegiate years. He studied Computer Science in college but quit out in 1974. He then moved to work at Honeywell International Inc. in Boston as a programmer.

Did Microsoft Co-Founder, Paul Ever Exchange His Wedding Vows?

Paul, the founder of Apex Learning, has never married in his life but has been romantically involved with high-profile women. Because of his reclusive lifestyle, he was often referred to be a bitter millionaire. Similarly, Bill Maher, the host of HBO’s Real Time, has never considered marriage.

Paul’s most well-known connection was with Jerry Hall, an American model whom he brought to his yacht off the southern coast of France. They dated in the late 1990s before parting ways in private.

Paul Allen with his former girlfriend, Jerry Hall in his lavish yacht
(Source: The Sun)

Following their breakup, Paul began dating Monica Seles, a former world number one tennis player who won nine Grand Slam singles titles. They did, however, break up due to some misunderstandings.

What was the Cause of Paul Allen’s Death?

In 1982, Paul Allen, Bill Gates’ best buddy, was diagnosed with State 1-A Hodgkin’s lymphoma. However, he used radiation therapy to successfully cure the malignancy.

In 2009, Allen was diagnosed with non-Hodgkin lymphoma cancer. Even though Allen was battling illness, he continued to work on making Microsoft more efficient and modern for the general public.

Unfortunately, cancer drove him to the edge of death, and he died on October 15, 2018. Septic shock, which produced acute muscle stiffness and terrible anguish, was the cause of his painful death. He was 65 years old at the time of his death.

Gates issued a statement in honor of Paul, his lifelong best friend, saying:

“Paul cherished life and people around him, and he cherished us all. He deserved a lot more time, but his contributions to technology and philanthropy will be remembered for centuries. We will all miss him terribly.”

Jody Allen, Allen’s sister, agreed to take over as executor and trustee of Paul Allen’s real estate interests after his death. Under Vulcan, Inc., she is now in charge of all execution, tax authorities, and parties interested in Paul’s ideas.

How did Paul Allen’s friendship with Bill Gates, Microsoft’s co-founder, go?

Allen, the author of the Ethical Careers Guide, and Bill Gates, the co-founder of Microsoft, were boyhood friends. They met for the first time at Lakeside School in Washington. They afterwards became an unbreakable real friendship.

Paul Allen with his childhood friend, Bill Gates in the early-80s after signing a contract with IBM
(Source: Microsoft)

Personal computing would not be successful without the duo’s concept. Bill was there for Allen even when he found that he had cancer and during his treatment. Allen’s friendship lasted to the end of his life.

How Did Paul Climb the Success Ladder?

In 1975, a young and talented аul llen stepped out of school with his best buddy, Bill Gates, to start a programming language incubator called. Following the success of BASIC, they decided to build a technological corporate company, crооft in New Eco, which became a globally famous brand.

In 1980, the two teamed up to create a new generation of computer models. Later, Paul established a personal beneficiary company, Vulcan nс., which led to the formation of Vulcan Aptal, a venture capital firm for him.

Co-founder of Microsoft, Paul Allen maintained his friendship for the rest of his life with his childhood friend, Bill Gates(Source: Kreyon Media)

Paul invested in small businesses such as udеnсе nс., Rеdfn, and Dесdе Corporation, all of which yielded great results. He also created Mojave Aerospace Ventures and Stratolaunch Systems, both of which are aerospace enterprises. Apex Learning, Allen Institute for Cell Science, and Brian Science are some of his other prominent

Quick Facts

companies.