Billionaires Paul Allen

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  • Many big-money clients- representatives of wealthy families, endowments and private investment firms in New York, London and Geneva- came to the Morgan Stanley Hedge Fund Forum at the $1,000- a-night Breakers Palm Beach resort in a sour mood, hurt by their hedge fund investments last year and so far in January. The Breakers gathering, in its 18th year, once again...

  • WASHINGTON, Dec 7- The U.S. Transportation Department said Monday it will award up to $40 million to a mid-size U.S. city to pilot efforts to use technology to reduce congestion and speed traffic. The full $40 million is contingent on Congress approving funding in future budget years. Congress declined to boost gasoline taxes to pay for additional repairs, opting...

  • CAPE CANAVERAL, Fla., Nov 19- United Launch Alliance, a joint venture of Lockheed Martin and Boeing, said Thursday it will jump into the booming market for miniature satellites known as CubeSats, officials said. Companies developing small satellite networks include Google's SkyBox Imaging, BlackSky Global, which is backed by Paul Allen's Vulcan Capital, Planet...

  • Aerojet small satellite launcher fails its first flight Wednesday, 4 Nov 2015 | 4:10 PM ET

    CAPE CANAVERAL, Fla., Nov 4- An experimental rocket built by Aerojet Rocketdyne Holdings Inc failed its debut flight, a setback for a U.S. military initiative to develop a low-cost, on-demand small satellite launcher, officials said on Wednesday. The three-stage, solid-fuel Super Strypi was developed in partnership by the U.S. Department of Energy's Sandia...

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday rejected a bid by Microsoft Corp co-founder Paul Allen to revive several patent claims against AOL Inc, Apple Inc, Google Inc and Yahoo Inc over software pop-up notifications. The patents, held by Allen's Interval Licensing, relate to the pop-ups that computer and smartphone users regularly see.

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday rejected a bid by Microsoft Corp co-founder Paul Allen to revive several patent claims against AOL Inc, Apple Inc, Google Inc and Yahoo Inc over software pop-up notifications. The Supreme Court left in place a September 2014 ruling by the U.S. Court of Appeals for the Federal Circuit in Washington.

  • CAPE CANAVERAL, Fla., Sept 15- Amazon founder Jeff Bezos unveiled plans on Tuesday to build a rocket manufacturing plant and launch site in Florida to better compete with fellow billionaires using their fortunes and tech prowess to open a new frontier in human space travel and exploration. Bezos' space startup, Blue Origin, intends to invest more than $200 million...

  • CAPE CANAVERAL, Fla., Sept 15 (Reuters)- Amazon founder Jeff Bezos unveiled plans on Tuesday to build a rocket manufacturing plant and launch site in Florida to better compete with fellow billionaires using their fortunes and tech prowess to open a new frontier in human space travel and exploration. Bezos' space startup, Blue Origin, intends to invest more than $200...

  • Paul Allen hits Tribeca festival with Ebola film Saturday, 18 Apr 2015 | 9:00 AM ET
    Scene from 'Body Team 12' documentary

    Paul Allen has mansions, yachts and sports teams. He's now added a production company, and it's tackling the subject of Ebola.

  • Paul Allen donates $100M to fight Ebola Friday, 24 Oct 2014 | 6:06 AM ET
    Paul Allen

    Microsoft billionaire Paul Allen has ramped up his commitment to fight Ebola in a big way, reports "Squawk Box's" Joe Kernen.

  • Ballmer: I'll own Clippers 'as long as I'm alive' Thursday, 25 Sep 2014 | 6:54 AM ET
    Steve Ballmer, Los Angeles Clippers, during an interview with CNBC.

    The former Microsoft chief says that his record price for the Los Angeles Clippers was a smart investment.

  • Rocket science for lean times: Boeing's new game Thursday, 17 Jul 2014 | 11:41 AM ET
    Boeing's CST-100 prototype

    A Boeing executive says space exploration must be resold to the public in these days of tight budgets and declining interest.

  • Bill Gates' Microsoft set how millions used a PC Tuesday, 29 Apr 2014 | 7:00 AM ET

    Snatched from IBM forevermore the lead position in designing software for PCs, with the dominant operating system, productivity software and browser.

  • 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
    paul-allen-yacht-octopus-200.jpg

    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
    Paul-Allen-Billionaire-Sports-Team-Owners-CNBC.jpg

    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.