Portland Trail Blazers owner Paul Allen ranks No. 26 on the Forbes 400 ranking of the richest Americans. Allen is worth an estimated $15.8 billion.
Microsoft cofounder Paul Allen owns only an estimated $2 billion in the software outfit's stock but is still bullish on technology. His Vulcan group just opened a venture capital office in Silicon Valley, investing in online retailer Gilt Groupe and a cloud-software firm. In late 2012 he sold a 12-building campus in Seattle to Amazon, which was leasing the space, for $1.15 billion. He owns the Seattle Seahawks and Portland Trailblazers. With his band, The Underthinkers, he just released country-rock album Everywhere At Once. Allen gave away $113 million so far in 2013, including a gift to Allen Institute for Brain Science and $1 million to the Jane Goodall Institute for great ape conservation efforts in the Congo. His aviation venture called Stratolaunch is still aiming for a 2016 test flight of what would be the world's largest airplane, one designed to launch satellites from mid-air into low-earth orbit.
Allen's Microsoft co-founder, Bill Gates, again ranks No. 1 overall on the list with an estimated net worth of $72 billion.
Allen is the top-ranked professional sports owner on the list. Darren Rovell of ESPN.com runs down the other NBA owners on this latest list.
The richest sports team owner is Microsoft co-founder Paul Allen of the Portland Trail Blazers and the Seattle Seahawks. ... The richest NBA owner [besides Allen] is Orlando Magic owner Rich DeVos, who comes in at No. 60 on the list with a net worth of $6.8 billion.
There are 12 other NBA owners on the list, including Kroenke (Nuggets), Micky Arison (Heat, $5.9 billion), Dan Gilbert (Cavaliers, $3.9 billion), Charles Dolan (Knicks, $3.3 billion), Tom Gores (Pistons, $2.7 billion), Mark Cuban (Mavericks $2.5 billion), Josh Harris (Sixers, $2.5 billion), Robert Pera (Grizzlies, $1.95 billion), Herb Simon (Pacers, $1.95 billion), Donald Sterling (Clippers, $1.9 billion), Glen Taylor (Timberwolves, $1.7 billion) and Benson (Pelicans).
Last year, Allen ranked No. 20 on the list with an estimated net worth of $15 billion.
Back in March, Allen ranked tied for No. 53 on a list of the world's richest billionaires with an estimated net worth of $15 billion. At the time, he moved past Brooklyn Nets owner Mikhail Prokhorov, who ranked No. 69. with an estimated net worth of $13 billion.
-- Ben Golliver | email@example.com | Twitter