Blazers, Seahawks owner Allen dies at 65

Tanya Simon
October 16, 2018

While the past almost four decades as a high-profile investor, Allen is best known as the co-founder of Microsoft, developing the company alongside Gates, a high school buddy.

Allen succumbed to non-Hodgkin's lymphoma. On October 1 he said that the disease has returned.

As of August 2018, his estimated worth was $20.2 billion, still one of the 50 richest men in the world.

Vulcan Inc. said there was no information yet on a funeral or memorial service. After purchasing the Portland Trail Blazers for $70 million in 1988, the value of the team has skyrocketed to $940 million in 2015.

Apart from owning two sports team, paul allen was also the co-owner of Seattle Sounders FC which in 2009 had joined Major League Soccer.

Vulcan, Allen's real-estate company, was a driving force in developing Seattle's South Lake Union neighborhood from an expanse of warehouses and parking lots into the heart of the city's tech economy, now home to sprawling Amazon and Google campuses. For example, Allen provided the seed money for the Allen Telescope Array (ATA), a network of 42 radio dishes in Northern California that's used by the SETI (Search for Extraterrestrial Intelligence) Institute to listen for possible pings from E.T. He was also an owner of the NBA's Portland Trail Blazers. Three years later, he launched the Allen Institute, a nonprofit focussed on brain research that has since expanded into other realms of bioscience.

Saudi oil output expected to rise next month: Falih
Last week, Pradhan said two state-owned oil refiners have booked import of 1.25 million tonne (MT) of crude oil from Iran in November.

As a huge fan of music, Allen famously built an ode of sorts to Jimi Hendrix and rock "n" roll with a museum at the base of Seattle's Space Needle, originally called the Experience Music Project.

A nurse checks the temperature of a girl possibly infected with Ebola.

Allen's philanthropic contributions "exceed $2 billion", which covered a wide gamut of causes, including homelessness, environmental issues, and much more.

Along with Bill Gates and Monte Davidoff, Paul Allen is recognized as a key developer of Basic computer language for Intel 8080-based MITS Altair computer, the world's first native high-level programming language for a processor.

What people said about him:"It is with deep sadness that we announce the death of Paul Allen, our founder and noted technologist, philanthropist, community builder, conservationist, musician and supporter of the arts".

Paul's family says, "For all the demands on his schedule, there was always time for family and friends".

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER