Paul Allen was born in 1953 in Seattle, Washington. He attended Lakeside Primary School and briefly attended Washington State University before dropping out to co-found Microsoft with Bill Gates in 1975. Some of Allen's major achievements include founding Asymetrix in 1984, Vulcan Ventures in 1986, and Starwave in 1992. As of 2004, Allen was ranked the 5th richest person in the world and worth an estimated $21 billion, $5 billion of which was in Microsoft stock. He is also the owner of the Portland Trail Blazers NBA team.