Paul Allen

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Paul Gardner Allen (born January 21, 1953) is an American investor and philanthropist who co-founded Microsoft with Bill Gates and is one of the wealthiest people in the world with a personal wealth of US$12.7 billion as of 2010. He is the founder and chairman of Vulcan Inc., which is his private asset management company, and is chairman of Charter Communications. Allen also has a multi-billion dollar investment portfolio which includes stakes in Digeo, Kiha Software, real estate holdings, and more than 40 other technology, media, and content companies. Allen also owns three professional sports teams: the Seattle Seahawks of the National Football League (NFL),[2] the Portland Trail Blazers of the National Basketball Association (NBA),[3] and the Seattle Sounders FC franchise (which began playing in the 2009 season) in Major League Soccer (MLS).[4]

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Wealth

According to Forbes Allen is the 37th richest person in the world, worth about $13.5 billion.[1] This is up from 2009's $10.5 billion, but down from $16 billion, the total reported by that same magazine at the beginning of the global financial crisis of 2008–2009, when he was 12th on its list of the richest Americans.[1]

In 2007, Allen's net worth was estimated at $18 billion, which at that time made him the 19th richest in the world. On Thursday, July 15, 2010 he said that he will give away the majority of his fortune, following a recent call by his former partner Bill Gates for billionaires to publicly pledge at least half of their wealth to philanthropy. In March 2010 Forbes estimated his wealth at $12.7 billion.[5]

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