At the time of his passing in October 2018, Paul G. Allen, the visionary co-founder of Microsoft and Chairman of Vulcan Inc., had an estimated net worth of $20.3 billion. This significant fortune placed him among the wealthiest individuals globally.
Paul Allen's Financial Standing
Forbes, a leading financial publication, recognized Paul Allen as the 44th-wealthiest person in the world in its rankings at the time of his death. His wealth was primarily built through his pioneering work in the technology industry, most notably as the co-founder of Microsoft alongside Bill Gates.
Key Financial Details
Metric | Value |
---|---|
Estimated Net Worth | $20.3 billion |
Ranking (Forbes) | 44th-wealthiest worldwide |
Date of Estimation | October 2018 (at his death) |
Primary Affiliation | Chairman and co-founder of Vulcan Inc. |
The Legacy of His Wealth
Based in Seattle, Washington, Paul Allen dedicated a substantial portion of his wealth and efforts to various ventures through his company, Vulcan Inc. These endeavors spanned technology, real estate, sports team ownership (including the Seattle Seahawks and Portland Trail Blazers), and significant philanthropic initiatives in areas like scientific research, conservation, and arts.
His financial standing reflected a lifetime of innovation and strategic investments, establishing him as a prominent figure not only in technology but also in global philanthropy and business.