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Location: UFOUpDatesList.Com > 2004 > Mar > Mar 22

Tycoon Funds Hunt For Alien Life

From: UFO UpDates - Toronto <ufoupdates.nul>
Date: Mon, 22 Mar 2004 11:53:01 -0500
Fwd Date: Mon, 22 Mar 2004 11:53:01 -0500
Subject: Tycoon Funds Hunt For Alien Life

Source: BBC OnLine


22 March, 2004

Tycoon Funds Hunt For Alien Life

Paul Allen, the co-founder of software titan Microsoft, is
ploughing a slice of his fortune into the search for life on
other planets.

Mr Allen is donating $13.5m to the California-based Seti

The money will be used to create a radio telescope array
comprising more than 200 dishes which will measure signals from

"It will expand our understanding of how the Universe was
formed," says Mr Allen, a keen fan of science fiction.

Space exploration has seen renewed interest recently with the
Nasa Mars rovers and President George W Bush's outline plans for
an ambitious space initiative.

A world of riches

Funding the search for ET is a drop in the ocean for Mr Allen,
whose estimated worth is $36bn.

It was Mr Allen who persuaded Bill Gates to drop out of Harvard
and join him in creating Microsoft in 1975. He then quit full-
time at Microsoft in 1983 after being diagnosed with Hodgkin's

But that hasn't stunted his mental and entrepreneurial capacity.
His venture capital firm, Vulcan Ventures, has been one of the
biggest funders of the internet age.

And Mr Allen has his own ever-growing list of internet and
entertainment based start-ups, comprising stakes in more than
140 firms.

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