A Look Back at the Life and Legacy of Microsoft Co-Founder Paul Allen

“I am heartbroken by the passing of one my oldest and dearest friends,” Gates said in a statement

By Nidhi Singh | Oct 16, 2018
Wikipedia

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Microsoft is today a household name all around the world. Founded by Bill Gates alongside Paul Allen, the tech giant continues to lead the software market amid rising competition. Allen, who convinced Gates to start the world’s biggest software company, died on Monday afternoon from complications of non-Hodgkin’s lymphoma. He officially resigned from his position on the Microsoft board of directors on November 9, 2000, and remained as a senior strategy advisor to the company’s executives.

Many tech leaders have taken to Facebook and Twitter to mourn the loss of billionaire philanthropist who also successfully managed his multibillion-dollar investment portfolio including technology and media companies, scientific research, real estate holdings, private spaceflight ventures, and stakes in other companies.

“I am heartbroken by the passing of one my oldest and dearest friends,” Gates said in a statement.

Here we take a look back at his life and creation of a software behemoth that’s still going strong.

Microsoft’s Success:

In 1980, after Microsoft had committed to deliver IBM a disk operating system (DOS) for the original IBM PC, although they had not yet developed one, Allen spearheaded a deal for Microsoft to purchase QDOS (Quick and Dirty Operating System), written by Tim Paterson, who, at the time, was employed at Seattle Computer Products. As a result of this transaction, Microsoft was able to secure a contract to supply the DOS that would eventually run on IBM’s PC line. This contract with IBM proved the watershed in Microsoft history that led to Allen’s and Gates’ wealth and success.

Filmmaking Bug:

Allen and his sister Jody Allen together were the owners and executive producers of Vulcan Productions, a television and film production company headquartered in Seattle within the entertainment division of Vulcan Inc. Their films have received various recognition, ranging from a Peabody to Independent Spirit Awards, Grammys and Emmys.

Big-time Philanthropist:

Allen has always been a charitable person and hence he did not shy away to show his support for noble causes. He gave more than $2 billion to causes such as education, wildlife and environmental conservation, the arts, healthcare, community services, and more.

Party Host:

Every year in May, Allen used to throw a themed party at Cannes Film Festival, often on his mega yacht, Octopus. The celebrity-studded parties had performances from Allen and his band. In 2015,Allen decided to throw a Bollywood-themed party inside Octopus yacht in Cannes. The party was attended by more than 200 popular celebrities.

Art Lover:

An active art collector, Allen gifted more than $100 million to support the arts. On October 15, 2012, the Americans for the Arts gave Allen the Eli and Edythe Broad Award for Philanthropy in the Arts. He also loaned out more than 300 pieces from his private art collection to 47 different venues.

Microsoft is today a household name all around the world. Founded by Bill Gates alongside Paul Allen, the tech giant continues to lead the software market amid rising competition. Allen, who convinced Gates to start the world’s biggest software company, died on Monday afternoon from complications of non-Hodgkin’s lymphoma. He officially resigned from his position on the Microsoft board of directors on November 9, 2000, and remained as a senior strategy advisor to the company’s executives.

Many tech leaders have taken to Facebook and Twitter to mourn the loss of billionaire philanthropist who also successfully managed his multibillion-dollar investment portfolio including technology and media companies, scientific research, real estate holdings, private spaceflight ventures, and stakes in other companies.

“I am heartbroken by the passing of one my oldest and dearest friends,” Gates said in a statement.

Nidhi Singh

Former Correspondent, Entrepreneur Asia-Pacific
A self confessed Bollywood Lover, Travel junkie and Food Evangelist.I like travelling and I believe it is very important to take ones mind off the daily monotony .

Related Content

Business News

DBS Appoints Chief Credit Officer for North Asia

DBS has appointed Xu Qing as Managing Director and Senior Risk Executive for Hong Kong, and Chief Credit Officer for North Asia, according to a statement. The appointment is effective 1 February. In his new role, Xu will oversee credit and risk functions across Hong Kong, mainland China, and Taiwan, and will join the Hong […]
Business News

Hong Kong and Switzerland Hold Financial Dialogue in Bern

Hong Kong and Switzerland held the Eighth Hong Kong–Switzerland Financial Dialogue in Bern on 29 January, aimed at strengthening cooperation in financial services between the two markets. The dialogue was co-organised by the Hong Kong Monetary Authority (HKMA) and the State Secretariat for International Finance (SIF) under Switzerland’s Federal Department of Finance. It was chaired […]
Business News

Malaysia Airlines Takes Flight With Mumbai Indians as Global Airline Partner

Malaysia Airlines today announced a landmark partnership with the Mumbai Indians, India’s most successful and widely followed cricket franchise, as Associate Sponsor and Official Global Airline Partner. The collaboration marks a significant milestone in Malaysia Airlines’ sports-led brand and commercial growth strategy across priority global markets, while reaffirming India as one of the airline’s most […]
Business News

Citi Promotes Asia Corporate Banker to Global Role

Citi today announced a series of leadership appointments within its corporate banking business, reinforcing its global banking franchise and strengthening senior leadership across regions. Jason Rekate has been appointed Global Chair of Corporate Banking, and John Chirico has been named Global Chair of Investment Banking. Both will report to Viswas Raghavan, Citi’s Head of Banking […]
Business News

Advantest Selects Anaqua for Global IP Management

Advantest Corporation has selected Anaqua‘s AQX® platform to manage its global intellectual property operations, Anaqua said on Tuesday. The move comes as semiconductor companies adjust to faster development cycles driven by artificial intelligence, electrification, and next-generation devices. Advantest is seeking to standardize internal processes, streamline IP workflows across its global offices, and reduce operational complexity […]