Paul Allen, Microsoft's co-founder and sports team owner, dies at 65
Summary
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.Allens source for his varied investments and sizable charitable donations was his once-major stake in Redmond, Washington-based Microsoft.Allen, along with Gates, helped create an entire industry selling software for a new breed of smaller, more affordable and widely accessible computers."Paul Allens contributions to our company, our industry and to our community are indispensable," Microsoft Chief Executive Officer Satya Nadella said in a statement."A high-tech demigod" is how Sports Illustrated described the man who came up with the name for Microsoft, a company whose ubiquitous products include the Windows operating system and the Office suite of software.
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