SEATTLE (AP) — Microsoft co-founder Paul Allen says the majority of his wealth will go to philanthropy after his death.
The Seattle billionaire says that has been his plan for years.
A spokesman for the Paul G. Allen Family Foundation, Aaron Blank, said Thursday’s announcement was a response to last month’s challenge from Bill Gates and Warren Buffett to other billionaires to pledge at least half their wealth to charity.
Allen says he looks forward to continuing his philanthropy. His foundation says it has made more than 3,000 grants over the past 20 years totaling over $400 million. In addition Allen has directly given $600 million to nonprofits he has founded, including the Allen Institute for Brain Science and the Experience Music Project.
