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  • Zuckerberg, wife donate $25M to CDC for Ebola Tuesday, 14 Oct 2014 | 10:21 AM ET

    NEW YORK— Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are donating $25 million to the CDC Foundation to help address the Ebola epidemic. The money will be used by the U.S. Centers for Disease Control and Prevention's Ebola response effort in Guinea, Liberia and Sierra Leone and elsewhere in the world where Ebola is a threat, the foundation said...

  • Rival gun measures on ballot in Washington state Friday, 10 Oct 2014 | 3:36 AM ET

    OLYMPIA, Wash.— Two competing measures on the Washington state ballot this fall ask voters to take a stance on expanded background checks for gun sales. Supporters of the initiative to expand background checks have received large donations from wealthy figures, including Microsoft co-founders Bill Gates and Paul Allen, and have spent millions, far outpacing...

  • Seattle suburb: Water safe to drink again Wednesday, 8 Oct 2014 | 3:12 PM ET

    MERCER ISLAND, Wash.— A boil-water advisory that closed restaurants and forced schools to operate with bottled water for nearly a week in a wealthy Seattle suburb has been lifted, even though inspectors never found the source of E. coli that prompted it. City officials said Wednesday it's safe again to drink the water again on Mercer Island after samples tested...

  • *Company valued at about $764 mln at day high of $10.76. May 16- U.S. online car shopping service TrueCar Inc, whose shares closed up 11 pct in their debut on the Nasdaq on Friday, has plans for expanding so consumers can compare prices on big-ticket items other than automobiles.

  • *Company valued at about $764 mln at the high of $10.76. May 16- Shares of TrueCar Inc, owner of car comparison website TrueCar.com, rose about 20 percent in their market debut, valuing the company at about $764 million.

  • May 5- TrueCar Inc, which runs a car-pricing comparison website, may be valued at about $1 billion, if its initial public offering is priced at the top end of the expected range. TrueCar, which has received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital, is headed by Scott Painter.

  • SEATTLE, May 2- Bill Gates, the former chief executive and chairman of Microsoft Corp, will have no direct ownership in the company he co-founded by mid-2018 if he keeps up his recent share sales. Assuming no change to that pattern, Gates will have no direct ownership of Microsoft shares at all four years from now.

  • Microsoft urged to spin off its consumer business Friday, 1 Nov 2013 | 11:31 AM ET

    Microsoft's next leader should consider spinning off consumer businesses such as search advertising and the Xbox games console, Paul Allen said. FT.

  • The world's largest yachts Saturday, 13 Jul 2013 | 7:00 AM ET

    The world’s super yachts are some of the biggest and most expensive toys of the super rich. Which super yachts rank as the largest in 2013? Click ahead to find out!

  • Billionaire Private Islands Sunday, 19 Aug 2012 | 10:29 PM ET
    Owning a private island is something very few people can even dream of. But some of the super-rich not only own a slice of paradise, they’ve also managed to turn these exotic destinations into a lucrative business opportunity.L’Oreal billionaire heiress Liliane Bettencourt, for example, recently made headlines after selling her private island in the Seychelles for $60 million. While Oracle co-founder Larry Ellison’s half a billion dollar purchase of Hawaii’s sixth largest island in June is consi

    So, which billionaires own some of the world’s most expensive private islands? Click ahead to find out.

  • Super-Yachts Crowd London's Docks for Games Thursday, 26 Jul 2012 | 9:56 AM ET

    Led by Microsoft founder Paul Allen, the super-rich have brought their supersized boats to serve as party platforms and traffic-beating transportation during the Olympics.

  • Billionaire Toys Monday, 2 Apr 2012 | 5:15 PM ET
    There are few sensations that can beat the thrill of a frivolous purchase. After struggling all month to make sure that the rent, bills and car payments are paid in a timely fashion, it can be downright exhilarating to blow a big chunk of change on something unnecessary.Sadly, the thrill passes once the next billing cycle kicks in. That $300 pair of shoes may have seemed like a well-deserved extravagance, but now it’s starting to feel like an ill-advised and anxiety-provoking mistake.The morning

    Billionaires can buy every toy that catches their fancy, including antique cars, jumbo jets, and spaceships. What are some of the toys the world’s billionaires have bought?

  • Billionaire Sports Team Owners Thursday, 16 Feb 2012 | 5:26 PM ET

    Check out some of the billionaires from all over the world who have added a major sports team or two to their portfolios.

  • Biggest Businesses Run by College Dropouts Tuesday, 2 Aug 2011 | 3:58 PM ET
    Position: CEO, CarnivalMarket Cap: $19.6 billion Instead of spending four years in college, this chief executive spent time working his way up the chain of command at . Micky Arison, the CEO of Carnival, started in the sales department and was promoted to reservations manager in 1974. He was later promoted to vice president of passenger traffic and just three years later he was named president of the company. Arison helped acquire Holland America Line, Windstar Cruises and Westours, allowing Car

    From computers to cruise lines, these 10 CEOs made it to the top without a college degree and defied the idea that to be successful, you have to have a diploma.

  • Can Ticketmaster’s Builder Now Unseat It? Sunday, 12 Jun 2011 | 10:39 AM ET
    Concert

    Fred Rosen, the godfather of the $18-billion-a-year tickets business, is on a new mission to change it, the New York Times reports.

  • Paul Allen

    Microsoft is "working as hard as they can to catch up" to Google and Apple on smartphone platforms, co-founder Paul Allen told CNBC Tuesday.

  • Paul Allen, "Idea Man"     Tuesday, 19 Apr 2011 | 4:41 PM ET

    CNBC'S Maria Bartiromo talks with Paul Allen in a wide-ranging conversation about Microsoft, the company he helped found, his up and down relationship with Bill Gates, and the future of technology. His memoir, "Idea Man," comes out today.

  • Regrets and Resentment in Microsoft Partnership Thursday, 31 Mar 2011 | 8:03 AM ET
    Paul Allen

    Microsoft co-founder Paul G. Allen, may be one of the world’s richest men, but he still resents his former partner, Bill Gates, for not sharing enough credit or giving him his due financially, the New York Times reports.

  • Microsoft Co-founder Allen Diagnosed with Cancer Tuesday, 17 Nov 2009 | 12:18 AM ET

    Microsoft  co-founder Paul Allen has been diagnosed with non-Hodgkin's lymphoma and has begun treatment, a spokesman for his investment company said on Monday.

  • Paul Allen: Separating From DreamWorks SKG Tuesday, 7 Aug 2007 | 12:40 PM ET

    DreamWorks SKG couldn't have gotten off the ground more than a decade ago if it weren't for Paul Allen's $500 million investment. Perhaps his work is done--now he's selling $150 million of DreamWorks Animation stock back to the company, and doing a secondary offering to sell an additional 10 million shares to the public.