Vulcan's Allen faces second cancer fight
By Jessica Mintz |
November 18, 2009, Wednesday
|
Print Edition
Print Edition
MICROSOFT Corp co-founder and billionaire investor Paul Allen has been diagnosed with non-Hodgkin's lymphoma and is undergoing chemotherapy.
In a memo sent to employees, Jody Allen, Paul Allen's sister and the CEO of his investment firm Vulcan Inc, said the 56-year-old received the diagnosis early this month.
According to the memo, Paul Allen has diffuse large B-cell lymphoma, a relatively common form of the cancer.
Allen battled another form of immune system cancer, Hodgkin's lymphoma, more than 20 years ago and survived. The CEO wrote that Allen "is optimistic he can beat this, too."
"Paul is feeling OK and remains upbeat," she said. "He continues to work and he has no plans to change his role at Vulcan."
Allen founded Microsoft with Bill Gates, a high school friend and fellow computer enthusiast, in 1975. He served as the company's executive vice president of research and new product development until 1983, when he left to focus on his health.
Allen remained a major shareholder and member of the board, and invested broadly in technology, real estate, sports and the arts.
He formed Vulcan in the mid-1980s.
At last count, Allen's net worth totaled about US$11.5 billion, making him the17th richest person in the world according to Forbes' September 2009 tally.
In a memo sent to employees, Jody Allen, Paul Allen's sister and the CEO of his investment firm Vulcan Inc, said the 56-year-old received the diagnosis early this month.
According to the memo, Paul Allen has diffuse large B-cell lymphoma, a relatively common form of the cancer.
Allen battled another form of immune system cancer, Hodgkin's lymphoma, more than 20 years ago and survived. The CEO wrote that Allen "is optimistic he can beat this, too."
"Paul is feeling OK and remains upbeat," she said. "He continues to work and he has no plans to change his role at Vulcan."
Allen founded Microsoft with Bill Gates, a high school friend and fellow computer enthusiast, in 1975. He served as the company's executive vice president of research and new product development until 1983, when he left to focus on his health.
Allen remained a major shareholder and member of the board, and invested broadly in technology, real estate, sports and the arts.
He formed Vulcan in the mid-1980s.
At last count, Allen's net worth totaled about US$11.5 billion, making him the17th richest person in the world according to Forbes' September 2009 tally.
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