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Paul Allen, Billionaire Who Co-Founded Microsoft, Dies at 65

  • Seattle native invested in sports, cable, scientific endeavors
  • Along with Bill Gates, Allen helped create software industry
Bloomberg business news
Paul Allen, who co-founded Microsoft Corp. with fellow billionaire Bill Gates, has died. Dina Bass reports.(Source: Bloomberg)
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Paul Allen, who co-founded Microsoft Corp. with fellow billionaire Bill Gates and used the fortune he made from the iconic technology company to invest in professional sports teams, cable TV and real estate, has died. He was 65.

Allen died on Monday in Seattle from complications of non-Hodgkin’s lymphoma, according to a statement from Vulcan Inc., his investment firm. Allen’s source for his varied investments and sizable charitable donations was his once-major stake in Redmond, Washington-based Microsoft. He had a net worth of $26.1 billion, according to the Bloomberg Billionaires Index.