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October 19, 2018

Future unclear for Paul Allen's $20B estate, tech ventures, philanthropy

  • It remains to be seen if Allen intended for his wealth to be vigorously spent down after his death or for his foundation to live on indefinitely.
    • By SALLY HO and FRANK BAJAK
    Associated Press

    Prior to his death on Monday, billionaire Microsoft co-founder Paul Allen invested large sums in technology ventures, research projects and philanthropy, some of it eclectic and highly speculative.

    What happens to those commitments now?


     
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