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Paul Allen

Paul Allen

Born 1953 · Age 72

American businessman, computer programmer, investor and philanthropist; co-founder of Microsoft; founder of Vulcan Inc. and multiple research institutes; owner of major sports teams; major funder of scientific, cultural and conservation efforts.

Total Events
58
Career Span
66 years
Peak Net Worth
$20,300,000,000

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Life & Career Timeline

1953Age 0

Born in Seattle, Washington

Paul Gardner Allen born to Kenneth Sam Allen (librarian) and Edna Faye (teacher).

1/21/1953Source
Confidence
99%
1965Age 12

Enrolled at Lakeside School

Begins attending Lakeside School (1965–1971), where he develops early computing interest and meets Bill Gates.

1/1/1965Source
Confidence
95%
1968Age 15

Befriends Bill Gates at Lakeside

Forms friendship and computing partnership with Bill Gates; they start programming together on Teletype/mainframe systems.

1/1/1968Source
Confidence
95%
1971Age 18

Banned from University of Washington CS lab

Allen and Gates had been using the UW Computer Science Department resources for personal projects until being banned in 1971 for abusing privileges.

1/1/1971Source
Confidence
85%
1972Age 19

Co-founds Traf-O-Data (early venture)

With Bill Gates and others forms Traf-O-Data to build traffic counters based on the Intel 8008 processor.

1/1/1972Source
Confidence
90%
1972Age 19

Enrolls at Washington State University

Begins college at Washington State University; joins Phi Kappa Theta fraternity.

1/1/1972Source
Confidence
95%
1974Age 21

Drops out of Washington State University

Leaves WSU after two years to work as a programmer at Honeywell in Boston.

1/1/1974Source
Confidence
95%
1975Age 22

Joins MITS and co-develops Altair BASIC

Works with Bill Gates and Monte Davidoff to produce Altair BASIC; becomes MITS director of software development and helps spark founding of Micro-Soft.

1/1/1975Source
Confidence
95%
1975Age 22

Co-founds Micro-Soft (Microsoft)

Allen and Bill Gates form Micro-Soft (later Microsoft) in Albuquerque, NM; Allen is credited with the name.

1/1/1975Source
Confidence
99%
1980Age 27

Secures QDOS deal that leads to MS-DOS

Brokered Microsoft purchase/license of QDOS (Quick and Dirty Operating System) from Tim Paterson/Seattle Computer Products, enabling the IBM PC DOS licensing opportunity.

1/1/1980Source
Confidence
95%
1981Age 28

Microsoft incorporated in Washington state

Company restructured and incorporated; Gates becomes president/chair and Allen executive vice president & vice chairman.

6/25/1981Source
Confidence
95%
1982Age 29

Diagnosed with Hodgkin's lymphoma (first diagnosis)

Allen is diagnosed with Hodgkin's lymphoma; this precipitates stepping back from day-to-day Microsoft work.

1/1/1982Source
Confidence
98%
1983Age 30

Resigns from day-to-day role at Microsoft

Officially leaves active management of Microsoft (retains board seat and vice-chairman title); Gates offers to buy him out at $5/share—Allen refuses and keeps shares.

2/18/1983Source
Confidence
92%
1986Age 33

Founds Vulcan Inc.

Paul and his sister Jody establish Vulcan Inc., to manage his business investments and philanthropic projects.

1/1/1986Source
Confidence
98%
1986Age 33

Microsoft goes public — Allen becomes billionaire

When Microsoft goes public Allen becomes a billionaire due to his significant ownership (25.2% stated in sources).

1/1/1986Net Worth: $1,200,000,000Source
Confidence
85%
1988Age 35

Purchases Portland Trail Blazers (NBA)

Acquires the Portland Trail Blazers from Larry Weinberg; purchase price reported around $70 million.

1/1/1988Source
Confidence
90%
1990Age 37

Co-founds The Paul G. Allen Family Foundation

Establishes family foundation with sister Jody to administer philanthropic giving.

1/1/1990Source
Confidence
92%
1992Age 39

Co-founds Interval Research Corporation

With David Liddle launches Interval Research, a Silicon Valley lab/incubator; dissolved in 2000 after producing >300 patents.

1/1/1992Source
Confidence
90%
1993Age 40

Acquires majority of Ticketmaster

Invests more than $325 million to purchase ~80% of Ticketmaster.

11/1/1993Source
Confidence
90%
1997Age 44

Home Shopping Network buys part of Ticketmaster stake

HSN acquires 47.5% of Allen's Ticketmaster stock in exchange for $209 million of HSN stock.

1/1/1997Source
Confidence
90%
1997Age 44

Purchases Seattle Seahawks (NFL)

Allen buys the Seattle Seahawks (reported purchase price around $200 million) and helps keep the team in Seattle.

1/1/1997Source
Confidence
92%
1998Age 45

Purchases Seattle Cinerama theater

Saves and restores the historic Seattle Cinerama theater and upgrades projection and sound.

1/1/1998Source
Confidence
90%
1998Age 45

Acquires controlling interest in Charter Communications

Expands cable holdings by purchasing a controlling interest in Charter Communications (investment reported in various sources).

1/1/1998Source
Confidence
70%
2000Age 47

Experience Music Project (EMP) opens

Opens the Experience Music Project (later MoPOP) in Seattle; project cost reported in sources (~$240–$250M).

6/23/2000Source
Confidence
85%
2000Age 47

Resigns from Microsoft's board; becomes senior strategy advisor

Steps down from Microsoft's board but assumes role as senior strategy advisor to management.

11/9/2000Source
Confidence
95%
2002Age 49

Donates to University of Washington CS building

Gives $14 million to UW to construct the Paul G. Allen Center for Computer Science and Engineering.

1/1/2002Source
Confidence
95%
2003Age 50

Launches Allen Institute for Brain Science

Announces the Allen Institute for Brain Science with an initial $100 million donation; institute later received ~$500M total.

1/1/2003Source
Confidence
95%
2004Age 51

Opens Flying Heritage Collection & Hospital Club (London)

Expands cultural and museum projects including the Flying Heritage collection and opens the Hospital Club in London (Hospital Club opened 2004).

1/1/2004Source
Confidence
90%
2004Age 51

Funds SpaceShipOne — wins Ansari X Prize

Allen is the sole investor behind Burt Rutan's SpaceShipOne (via Mojave Aerospace Ventures); SpaceShipOne wins $10M Ansari X Prize and becomes first privately funded civilian suborbital craft.

10/1/2004Source
Confidence
95%
2007Age 54

Amazon leases major South Lake Union space

Amazon leases roughly 1.6 million sq ft from Vulcan in South Lake Union, kicking off Amazon's major campus expansion there.

1/1/2007Source
Confidence
90%
2009Age 56

Diagnosed with non-Hodgkin lymphoma

Receives diagnosis and undergoes treatment; later recurrences occur in 2018.

1/1/2009Source
Confidence
98%
2010Age 57

Files major patent lawsuit

August 2010 — Allen sues numerous tech companies over patents financed earlier (related to Interval Research patents).

1/1/2010Source
Confidence
88%
2010Age 57

Launches Allen Distinguished Investigators Awards

Creates ADI program to fund early-stage, high-risk bioscience research.

1/1/2010Source
Confidence
90%
2010Age 57

Signs The Giving Pledge

Becomes a signatory of The Giving Pledge, committing to give away at least half of his wealth.

7/15/2010Source
Confidence
95%
2011Age 58

Publishes memoir 'Idea Man'

Recounts Microsoft rise and relationship with Bill Gates; generates public attention.

4/19/2011Source
Confidence
95%
2011Age 58

Announces Stratolaunch Systems

Creates Stratolaunch Systems (dual-fuselage, large carrier aircraft concept) based at Mojave Air and Space Port.

12/13/2011Source
Confidence
95%
2012Age 59

South Lake Union real-estate sale to Amazon

Vulcan sells a ~1.8 million sq ft office complex in South Lake Union to Amazon for ~$1.16 billion, marking a major real estate milestone.

1/1/2012Net Worth: $14,200,000,000Source
Confidence
85%
2012Age 59

Donates additional funds to Allen Institute for Brain Science

Contributes approximately $300 million more (bringing institute gift totals to roughly $500M) to expand research.

1/1/2012Source
Confidence
90%
2012Age 59

Ranked among world's richest (~2012)

Reported by HistoryLink/Forbes as the ~48th richest person in the world with estimated net worth ~$14.2 billion (2012 estimate).

1/1/2012Net Worth: $14,200,000,000Source
Confidence
90%
2013Age 60

Releases album with Paul Allen & the Underthinkers

Publishes the album 'Everywhere at Once' with his band the Underthinkers (released August 2013).

1/1/2013Source
Confidence
90%
2013Age 60

Launches Allen Institute for Artificial Intelligence (AI2)

Creates AI2 to research and engineer artificial intelligence; modeled on Allen Institute for Brain Science.

1/1/2013Source
Confidence
85%
2014Age 61

Held substantial Microsoft holdings into 2014

As of January 2014 Allen reportedly still held ~100 million shares of Microsoft.

1/1/2014Source
Confidence
88%
2014Age 61

Pledges $100M to fight Ebola

Announces at least $100 million commitment to combat the West Africa Ebola epidemic and launches TackleEbola.org.

1/1/2014Source
Confidence
95%
2014Age 61

Commits $100M to Allen Institute for Cell Science

Announces a $100 million gift to create the Allen Institute for Cell Science to study cellular behavior.

1/1/2014Source
Confidence
95%
2014Age 61

Owns or funds major cultural, sports & science institutions

By 2014 Allen controls Vulcan Inc. investments including sports teams (Seahawks, Trail Blazers, Sounders stake), museums, research institutes and real estate; lifetime giving >$2B.

1/1/2014Source
Confidence
95%
2015Age 62

Stratolaunch partners announced; plans for operations

Stratolaunch partners with Orbital ATK and Scaled Composites to develop air-launch system targeting multiple missions per year.

1/1/2015Source
Confidence
80%
2015Age 62

Announces Vulcan Aerospace and related projects

Vulcan Aerospace (announced April 13, 2015) plans projects to reduce launch costs and enable on-demand access to space.

1/1/2015Source
Confidence
90%
2015Age 62

Awarded Andrew Carnegie Medal of Philanthropy

Recognized for philanthropy including Ebola, brain research, and environmental conservation.

1/1/2015Source
Confidence
90%
2015Age 62

Launches Global FinPrint shark & ray survey and funds elephant census

Funds Global FinPrint (July 2015) and contributes more than $7M to the Great Elephant Census.

1/1/2015Source
Confidence
85%
2015Age 62

Smart City Challenge launched with USDOT

Vulcan partners with USDOT to launch Smart City Challenge with USDOT $40M and Vulcan $10M commitments; Columbus, Ohio wins.

1/1/2015Source
Confidence
90%
2015Age 62

Hosts Ebola Innovation Summit

Brings together key leaders at the Ebola Innovation Summit to share learnings and reinforce action.

4/21/2015Source
Confidence
90%
2016Age 63

Launches Paul G. Allen Frontiers Group

Announces the Frontiers Group with a $100 million commitment to fund frontier bioscience research.

1/1/2016Source
Confidence
90%
2017Age 64

Allen Telescope Array funding and recognition in science

Allen donated initial seed money to build SETI's Allen Telescope Array (total Allen contributions reported ~$30M); his name attached to scientific resources.

1/1/2017Source
Confidence
90%
2017Age 64

Discovers wreck of USS Indianapolis

Leads expedition that locates the USS Indianapolis on the Pacific seafloor (~18,000 ft deep).

8/18/2017Source
Confidence
95%
2018Age 65

Discovers wreck of USS Lexington

Expeditions led or funded by Allen locate World War II wrecks including USS Lexington (discovery reported 2018).

3/1/2018Source
Confidence
90%
2018Age 65

Announces return of non-Hodgkin lymphoma

Publicly states that his non-Hodgkin lymphoma has returned and that he will undergo treatment while continuing work.

10/1/2018Source
Confidence
98%
2018Age 65

Dies of complications related to cancer

Paul Allen dies in Seattle of septic shock related to cancer on October 15, 2018.

10/15/2018Net Worth: $20,300,000,000Source
Confidence
99%
2019Age 66

Stratolaunch makes maiden flight (posthumous milestone)

Allen-funded Stratolaunch aircraft first flew April 13, 2019, becoming the largest airplane in history by wingspan.

4/1/2019Source
Confidence
95%