How is BIll Gates worth much more than Paul Allen?
I read Bill Gates is worth around 50-60 billion. Paul Allen is supposedly worth 10-13 billion.
I dont get it, if they both started Microsoft how is one worth much more than the other? Even if Paul Alen owned say 30% of Microsoft and Bill Gates owned 40% there wouldnt be such a big gap! (although im sure Paul Allen still manages off 12 billion!)
- Anthony BLv 410 years agoFavorite Answer
It has to do with shares stocks and residual shares, Gates owns more than Allen if you account for the other stocks and shares, patents, and trademarks, that Allen was not involved in. Allen with the exception of Microsoft did not pursue many other technological avenues, where Gates went.These paid off for Gates.