Paul Allen, co-founder of Microsoft passes away

Paul Allen (65), who co-founded Microsoft with his childhood friend Bill Gates, has passed away in Seattle on October 15 , 2018. In 1975, they founded the Microsoft at Albuquerque in New Mexico to develop and sell BASIC interpreters for the Altair 8800 hobby-kit personal computer. It was Allen who came up with the name Microsoft and had left the company in 1983. After that, he became the billionaire philanthropist who invested in conservation, space travel, arts and culture and professional sports. Allen was on the list of America’s wealthiest people who pledged to give away the bulk of their fortunes to charity. At the time of his death, he ranked 44th on Forbes’ 2018 list of billionaires with an estimated net worth of more than $20 billion.