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Wednesday, April 7, 2010 as of 11:14 AM ET

Paul Allen

Paul Allen

Paul Gardner Allen (born January 21, 1953) is an American investor and philanthropist best known as the co-founder of Microsoft Corporation, a leading developer of personal-computer software systems and applications.

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Billionaire Dropouts: Five School Dropouts Who Made a Fortune

Mark Twain once said, "I have never let my schooling interfere with my education.

" For most of us, formal education is critical to achieving success, but the following five entrepreneurs heeded Twain's words and abandoned the schoolbooks to seize their opportunity for incredible fortune.As the number of applications to expensive graduate schools increases, we remember that sometimes, experience, vision and determination can trump any formal schooling.Steve Jobs - Apple, Inc.                              The late Steve Jobs is among the most celebrated innovators of the last century. His designs and inventions helped construct one of the world's most pervasive technology empires, Apple Inc. However, in his youth, the business mogul was continually frustrated with formal schooling.After abandoning his studies at Portland's Reed College after six months, Jobs famously spent the following year-and-a-half dropping in on creative classes, while sleeping on the floor of friends' dormitory roo...

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  1. Paul Allen Building New Space Plane

    Paul Allen , the co-founder of Microsoft , and aerospace pioneer Burt Rutan said Tuesday they want to build a huge airplane and spaceship that will fly people and ca...

  2. Tributes pour in for Steve Jobs, dead at 56

    (Reuters) - President Barack Obama was among the many people who paid tribute to Steve Jobs , calling the Apple co-founder a visionary and great American innovator."...

  3. Revitalizing American Entrepreneurialism

    Venture Capitalist George Jarkesy on why reducing government regulations and boosting the capital available will help revive capitalism in America.

  4. James Lebenthal: We are Not Heading Into a Recession

    Alexandra & James Chief Investment Officer James B. Lebenthal on the economy’s outlook and why it’s a good time to invest in the markets.

  5. Spurring Revolution Through Competition

    When former professional basketball player Ashley Day entered the scrap metal business around 2000, the industry hadn’t change much over the decades.Not willing to s...

  6. Kucinich’s Anti-War Republicans

    American Conservative Magazine columnist Jack Hunter on why some of the most conservative Republicans in the party voted for Rep. Kucinich’s bill to end the President’s undeclared war on Libya.

  7. 8 of The Weirdest Insurance Policies

    We're all familiar with auto, home, life and health insurance . But how about chest hair insurance? Coffee taster's tongue insurance? Laughing-to-death insurance?The...

  8. No iPhone 5 This Summer According to AT&T Rep

    Customer service representatives, while often very helpful, are rarely solid sources for unannounced information. At the same time, there have been cases in the past...

  9. The Allure of Dying Broke

    With the economy still struggling, unemployment still lofty, and retirement savings lacking, more Americans than ever are terrified of the idea of dying penniless.Fi...

  10. The Real Housewives of Wall Street

    Rolling Stone's Matt Taibbi discusses how Wall Street insiders and their spouses made millions off the government TALF program.

  11. The Boundless Energy of Barry Habib

    You know you want to.You know you want to try your hand at other jobs, but you’re afraid to.And that’s even before the recession forced your hand.But you can.In fact...

  12. Microsoft Co-Founder Allen Blasts Gates in Book

    Microsoft Corp co-founder Paul Allen has accused his former business partner Bill Gates of plotting to dilute Allen's stake in the world's largest software company b...

  1. Eight of the Weirdest Insurance Policies

    We're all familiar with auto, home, life and health insurance. But how about chest hair insurance? Coffee taster's tongue insurance? Laughing-to-death insurance?They...

  2. Microsoft Billionaire's Credit Card Stolen and Other Unusual Crimes

    The world of credit card crime recently had a very high-profile victim. As you may have heard, federal authorities revealed this week that Microsoft co-founder and b...

  3. Ex-Taylor Bean CFO De Armas Pleads Guilty To Bank, Wire Fraud

    The former chief financial officer of the failed Taylor, Bean & Whitaker Mortgage Corp. admitted Tuesday to participating in a $2.9 billion scheme that was one of th...

  4. Don’t Overlook the Nerds

    FBN’s Neil Cavuto on the success and wealth of those once considered nerds such as Mark Zuckerberg and Bill Gates.

  5. Lower Your 'State of the Union' Expectations

    Time to visit the highlight reel of President Barack Obama’s past State of the Union addresses, as the president speaks to the nation Tuesday night.Keep in mind the ...

  6. Your Next Vacation: Space?

    Craig Curran can book you an out-of-this-world vacation.Literally.Curran is one of the 120 travel agents around the globe authorized to sell tickets on behalf of Vir...

  7. Microsoft Co-Founder Allen Launches Space Project

    Microsoft Corp co-founder Paul Allen is planning to build a spaceship that could replace the Space Shuttle and put paying passengers into orbit this decade.Lifelong ...

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