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N ovember 15, 1995 • T he P ortland O bserver
PAUL ALLEN - TRAILBLAZER OWNER AND MILLIONAIRE ENTREPRENEUR
Dallas-San
Francisco Matchup
Highlights N-F-L
The
N atio n al
F o o tb a lll
League’s “Game o f the Year” in
recent seasons, the battle between
the D allas Cowboys and the San
Francisco 49ers, appears to have
lost some o f its importance this sea
son, but is still the most intriguing)
matchup
San Francisco has been devas-|
tated by injuries o f late, with quar
terback Steve Young and fullback)
W illia m F lo y d m issin g tim e.
Young’s sore shou Ider may prevent
him from playing against Dallas,
and backup Elvis Grbac sprained
his ankle last week. Floyd is lost for
the season, and maybe his career,)
with a severely damaged knee.
Dallas, on the other hand, has)
won four co n secutive gam es.
I nimitt Smith, the league’s leading)
rusher, went over the 1,000-yard
barrier tor the year against the Ea
gles and Deion Sanders recorded)
his first interception as a Cowboy.
Silva, Loroupe
Successfully
Defend NY
Marathon Titles
German Silva o f Mexico and
Kenya's Tegla Loroupe each won
their second consecutive New York|
City Marathon titles today.
Silva broke away from a lead
packTTFl the 25th mile to win in a)
time o f two hours, I 1:00 minutes,)
live seconds better than Great Brit
ain's Paul I vans. W illiam Koechof|
Kenya was third in 2:11:19, fol
lowed by fellow Kenyan Simon)
opuyet who was an additional eight |
seconds back.
US Captures Fourth
Straight World Golf
Cup Title
The United States team o f Fred
Couples and Davis Love III claimed
its record fourth straight World Cup
o f G o lf title today by matching its
own victory margin o f 14 strokes in
Shenzhen, China.
Love fired a 5-under-par 67
today while Couples shot 69 as the
duo finished with a four-round total
o f 33-under 543.
The Australian tandem o f Brett
Ogle and Robert Allenby was sec
ond with a 19-under 557.
The event has been played ev
cry year since 1953 except for 19 8 1
and 1986. The United States has
won 21 times, exceeding the total
number o f victories by 11 other
countries in the same span.
Steeb captures
Kremlin Cup
G erm an C a rl-U w e Steeb
outlasted Daniel VacekoftheCzech
Republic in a grueling 2 l/2-hour
match today to win the $ 1.2 million
Krem lin Cup in Moscow, Russia.
Steeb edged Vacek, 7-6 (7-5)
3-6, 7-6 (8-6), to capture his third
career title and first since 1991. He
was ranked 107th in the world com
ing into the week and was playing in
his first final o f the season.
Vacek might have been a little
tired, as he also had to play three
long sets in upsetting hometown
favorite and top seed Yevgeny
Kafelnikov o f Russia, 7-6( 10-8), 3-
6, 7-6 (7-5), in Saturday’s semifi
nal.
Hill Wins Australian
Grand Prix
Damon H ill o f Britain closed
the Formula One season today by
dominating the Australian Grand
Prix in Adelaide.
H ill drove his W illiam s to the
victory, beating Frenchman O livier
Panis by two laps H ill outlasted all
o f his major rivals to claim his 13th
career victory in Formula One
G row ing up in m iddle-class
comfort in Seattle, Paul G. Allen fell
in love with books, basketball and
the electric guitar. Now, as one o f the
world’s richest men, he is responsi
ble for a stunning new university
library, owns a professional basket
ball team and arena that are redefin
ing spectator sports, and is donating
nearly $60 m illion fora museum that
w ill be a homage to the guitar licks o f
Jim i Hendrix.
One can only imagine what nat
ural history museums might be like if
young Paul had played with bugs.
Since coming into one o f the
greatest fortunes in American capi
talism at Microsoft, which he co
founded just 20 years ago, Allen has
attracted wide interest for the way he
is spending - and giving away - much
o f his original bankroll.
Among his generation o f com-
putertycoons, Allen isoneofthe few
who seem to be trying to get a life, as
they say here in the Silicon Forest
around Seattle.
Allen may well be, as Wired
Magazine said last year, the acciden
tal zillionaire. Dressed in comfort
able casuals, pudgy and bearded, he
looks like a community College pro
fessor on an off-plaid day. And if
there’s a pattern to his seemingly
scattershot dispensing ofcash, it may
be hard to discern.
He wants to have fun with his
money, he said - to invest in research
and technology that could change
day-to-day life, and to make a lasting
impact. Already, he has given away
more than $100 million, for libraries,
A ID S research, theater, museums,
parks, and the study o f extraterrestri
al life.
He has also invested more than
$1.2 billion, buying 80 percent o f
Ticketmaster, the ticket vendor, and
backing more than two dozen new
companies, most o f them in new tech
nology - many o f them risky invest
ments that are enough to curl the
cuffs o f some financial advisers.
B y some estimates, Allen has
lost nearly $ 100 m i 11 ion in Asymetrix,
the first software company he started
after leaving Microsoft. But consid
er that in the last year alone, the value
o f his stake in Microsoft has nearly
doubled, going up by more than $2.5
billion.
A s the second larges, sharehold
er in Microsoft, which he co-found-
ed with his grade-school friend B ill
Gates, Allen is worth $6.5 billion -
about $5.5 billion in Microsoft stock
- according to his financial manager,
W illiam D. Savoy. He owns 55.7
m illion shares o f the world’s largest
software company (Gates has nearly
twice that), and he remains a direc
tor.
“There’s just so much money,”
said Allen, sm iling and shrugging
during an interview in Bellevue, the
Seattle suburb from which he runs an
empire o f new technology firms, in
vestments, and philanthropy. “ What
ever kind o f material thing you’re
interested in you could buy - crazy
cars, boats, whatever. Sometimes that
can be exciting. On the other hand, if
the battery in your expensive car
dies, it still won’t go anywhere.”
Maybe it was the cancer scare in
1982, a year before he left Microsoft,
that made A lle n ’s approach to mon
ey so different from that o f Gates.
Richer than any business partners in
history, either man could become an
Andrew Carnegie for the digital age,
endowing schools, libraries, or foun
dations with a century or more o f
funds.
Carnegie, who made his fortune
in late 19th century industry , financed,
among other things, the building o f
more than 2,800 public libraries in
the English-speaking world. In “The
Gospel o f Wealth,” written in 1900,
Carnegie said the rich should distrib
ute their wealth in their lifetimes.
Gates, though, says he w ill wait
until he is relatively old to assume a
“philanthropic mode,” and then he
plans to give away more than 90
percent o f his fortune, now put at
more than $ 12 billion. He has bought
the electronic rights to major works
o f art and most recently, acquired the
p h o to grap h ic treasure o f the
Bettmann Archive.
GLICKMAN RESIGNS
FROM PORTLAND TRAIL BLAZERS
The Portland Trail Blazers an
nounced that Marshall Glickm an,
president o f Trail Blazers Incorpo
rated ( T B I) and Oregon Arena C o r
poration (O A C ), has resigned his
position effe ctive im m ediately.
Glickm an w ill continue as a consult
ant to T B I and O A C .
“ I have enjoyed my association
with the Blazers, Paul Allen and Bert
Kolde for the last 7 years’” said
Glickm an. “ With the opening o f the
Rose Garden, it seemed like a good
time to explore new opportunities
and take some time to see what the
future may bring. My association
with the Blazers goes all the way
back to being a ballboy. It’s been a
great run. I leave behind some very
close friends and professionals that I
w ill always respect and admire. The
organization is left in very good
hands, and I look forward to serving
as a consultant to T B I and O A C
during this transition period. Oregon
Arena Corporation has a great future
ahead with all o f the possibilities o f
the Rose Quarter campus. It w ill be
exciting to watch. Our community is
blessed with top quality ownership
and a great staff. I also want to thank
all o f the people in the community
that have supported our efforts to
make the Rose Quarter a reality, and
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all o f my associates with whom I
have developed a close personal and
professional relationship.”
"We wish to thank Marshall for
his numerous and significant contri
butions to the Trail Blazers organi
zation during his many years here,
especially his role in the develop
ment and opening o f the Rose Gar
den,” said Paul Allen, chairman o f
the Trail Blazers. “ We wish him the
best o f success in all o f his future
endeavors.”
G lickm an joined the Blazers
front office in I983asm anagerofthe
team’s cable operations. In 1986 he
left the club to accept the position o f
broadcast coordinator for the Na
tional Basketball Association. He
returned to the Blazers organization
in August o f 1988 as director o f
business development and was pro
moted to vice president o f marketing
in June o f 1990. Later in 1990, Allen
authorized a fact-finding mission and
feasibility study for a new arena in
Portland for which Glickm an served
as the key point person. In June of
1991, O A C was formed as a sister
corporation to the Trail Blazers, and
Glickm an was appointed senior vice
president. He was named T B I/O A C
president last year.
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Allen, at 42, is not waiting for
gray hairs and honorary degrees. Ask
him about the Internet, over which
his companies are providing myriad
types o f fodder for computers, and he
goes on in a civil monotone.
But bring up one o f his four
charitable foundations, and he is a bit
more animated, saying that giving
away money is one o f the "most
rewarding" things in his life. Or men
tion the possibility o f his Portland
Trail Blazers winningan N B A cham
pionship, and he almost starts his
own wave.
‘This is a guy who has more
for some o f the new multimedia ar
eas.”
Allen lives alone on a six-acre
waterfront compound on Mercer Is
land, an enclave o f old Seattle wealth
and nouveau cyber-millionaires His
mother, Faye, lives on the site, in a
house stocked floor-to-ceiling with
that oldest o f technologies: books.
The compound has become
something o f a big-boy sandbox for
Allen - 20-seat theater, video screens
in different rooms, indoor tennis
court, pool, waterfall, and a skylit,
regulation-size basketball gym. His
Trail Blazers have practiced at his
ft
There’s just so much money... You
think with all this stuff, it will affect
you as a person. I don’t think in my
case it has.
-P a u l A lle n
------------------------------------
money than G o d ,” said D avid
Coursey, editor o f P.C. Letter, an
industry newsletter published in San
Mateo, Calif. “At some point in his
life he said, Now that I ’m not dying,
I'm going to notice the earth, trees
and basketball.’ “
He has also noticed films. In the
spring, Allen became by far the big
gest backer o f Dreamworks S K G ,
the new studio headed by Steven
Spielberg, Jeffrey Katzenberg and
David Geffen. For a $500 million
investment, Allen was given 18 per
cent o f the company and a seat on the
board.
Allen may never get a decent
return on his money, some analysts
say. But, again, it does not seem to
matter to him. He says he is in for the
long term - and has no craving for the
perks o f movie moguldom, like tak
ing meetings at a poolside shadowed
by starlets.
“ I ’m not in there telling them
who they should cast,” said Allen.
“ I ’m interested in learning from them.
They may use me as a sounding board
home; once, he even staged a private
game there between his team and the
Seattle Supersonics.
“You think with all this stuff, it
will affect you as a person,” said Allen.
“I don't think in my case it has."
He seems somewhat embarrassed
by the sheer magnitude of it all. “The
numbers are crazy,” he said. “And I
also do some crazy things." He has a
private jet, which he uses to dash off
on diving excursions in tropical wa
ters, and a 150-foot yacht. But he does
not seem to revel in his toys the way,
say, the late Malcolm Forbes did.
Allen seems more like the Tom
Hanks boy-in-a-man’s-body charac
ter in the movie “ B ig ,” Coursey said.
“ I don’t think a venture capitalist
would be happy with his portfolio,”
he added. “ But so what? He seems to
be having fun. You can almost see
him dancing on the big piano like
Hanks does in F.A .O . Schwartz.”
To A llen ’s critics, the vast for
tune is a fluke, a result o f hitching his
star to Gates. The son o f two librar
ians, Allen met Gates at Lakeside, a
Seattle private school known as a
breeding ground for some o f this
city’s leading creative lights in art
and finance. Paul is two years older
than B ill; they hooked up at middle
school when a clunky teletype-like
computer was brought into Lakeside.
Paul dropped out o f Washing
ton State University to work for
Honeywell, in Boston. There he again
linked up with Gates, who was at
tending Harvard. The rest is comput
er history, with new layers o f legend
piled on with each passing year.
According to the 1993 book
“Gates," by Stephen Manes and Paul
Andrews, Allen saw a Popular Me
chanics cover featuring a prototype
personal computer, then set about
with Gates finding a soul for the new
machine.
The pair started Microsoft 20
years ago this month, combining
shrewd business practices and dogged
programming genius with strokes o f
great luck. Allen had the program
ming brains, Gates the financial sav
vy.
It was Paul, in 1977, who said he
expected the personal computer to
become as much a part o f every day
life as a telephone, and who envi
sioned things like E-m ail and sug
gested the name Microsoft. He talked
early on about a “wired world” - a
term he says he coined.
In 1982, Allen discovered lumps
in his neck, soon diagnosed as
Hodgkins Disease. He beat it with .
months o f radiation therapy, emerg- ,
ing a changed man.
“You realize life is short,” he ,
said. “ Facing your own mortality
forces you to reevaluate your priori
ties.”
In 1983, Allen - against his part- .
ner’s wishes - left Microsoft three
years before it went public. The two
remain .close, though; they plan to
vacation together this year, and still
meet for pizza or a movie at one o f .
their wired palaces.
While Gates is often portrayed
as predatory and ruthless, Allen is
typically called a nice guy, though
somewhat personality-deficient.
HAYNES WINS MIDDLEWEIGHT CHAMPIONSHIP
Portland Boxer Andre Haynes
defeated Shane Scw artz o f For,
Collins, Colo, to win the middle
weight division o f the National Po
lice Activities League B oxingCham -
pionships.
Haynes and two other local box
ers competed in the Oct. 30 - Nov. 4
tournament held in Dallas, Texas.
They represented the Knott Street
Gym, the Portland Parks Bureau and
the Police Activities League ofGreat-
er Portland.
The other boxers George Calder,
a junior middle weigh, and Chad
Davidson, a banter weight, lost in the
quarter finals. The athletes qualified
for the event at Portland’s Clyde
Q uisenberry M em orial Amateur
Tournament on Oct. 7 at the Matt
Dishman Community Center.
B y winning the middleweight
division (maximum weight limit o f
165 pounds), Haynes, 25, earns the
chance to complete at the U.S. Olym
pic Team Trials in Oakland, Calif.,
A p ril 2-7.
“ I was very excited and sur
prised to compete with the best let
alone win,” said Haynes.-“ It was a
thrill to be involved with the national
P A L tournament.”
Haynes said knowing he will get
to compete in the Olym pic trials gives
him “confidence, inspiration and
something to drive toward.”
H aynes
graduated
from
Jefferson High School and recently
from cosmetology school. He is em
ployed as a stylist.
He began b o xin g as a teenag
er, but started ta kin g it se rio u sly
at Knott Street G ym in 1993 He
is coached by R ay M onge and
Joe C aldera.
Haynes w ill be needing help for
his trip to the Olym pic trials. Costs
for the first round are expected to be
$2,000. For sponsorsh ip informat ion,
contact the Police Activities League
at 823-0250.
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