What is Jody Allen Net Worth?
|Net Worth:||$20.3 Billion|
|Country:||United States of America|
|Born:||February 13, 1959|
|Salary:||$100 Million (Annual)|
Jody Allen is an American multi-billionaire businesswoman and philanthropist who has a net worth of $20.3 billion. She is mostly known as Paul Allen’s sister and the President and CEO of his investment and project management firm, Vulcan Inc., based in Seattle, Washington, as well as the co-founder and president of the Paul G. Allen Family Foundation.
Jody was appointed executor and trustee of her brother’s estate after his death in 2018. The Seattle Seahawks, the Octopus super-yacht, the Portland Trail Blazers of the National Basketball Association, and the minority owner of the Seattle Sounders FC of the MLS were among the properties she acquired control of after his death. She is now regarded as the richest NFL owner as of 2022.
Jody Allen was born in Wedgwood, Seattle, Washington, on the 13th of February, 1959, to Kenneth Sam Allen, an associate director of the University of Washington Libraries, and Edna Faye Allen, a Seattle school teacher. She is Paul G. Allen’s younger sister. She attended Lakeside School in 1975 and Whitman College in 1980, where she studied theater.
Jody Allen and her brother Paul established Vulcan Inc. in 1986 to oversee their family’s commercial and humanitarian initiatives. She is presently vice-chair of First & Goal Inc., which handles the Seattle Seahawks’ business. She was involved in the negotiations that led to the development of Lumen Field in Seattle, and she advised her brother when he first explored owning the Seahawks.
She made it her mission to charitable causes. She was CEO and president of the Wild Lives Foundation and the Paul G. Allen Family Foundation, the founding director of MoPOP, Seattle’s famed museum of popular culture, and the chair of the Allen Institute for Brain Science, which strives to solve some of the bioscience’s most difficult problems.
She has also served on the boards of the Seahawks Charitable Foundation, ArtsFund, Theater Communications Group, the Museum of Glass, the University of Washington Foundation, and the Oregon Shakespeare Festival. l and the Los Angeles Film Festival. Jody serves as a trustee of the Paul G. Allen Trust to guarantee Paul’s vision is achieved for future generations.
She is the co-founder and president of Vulcan Media, which produces films, digital programs, and outreach efforts, and she has produced or executive-produced over a dozen documentaries and feature films.
Jody was married to Brian Patton, a golf course manager for 21 years until their divorce in 2009. They have three children together, Duncan, Gardner, and Faye. In 2013, 5 of her ex-security guards alleged her sexual harassment.
Assets and Properties
Jody owns a lot of residences around the world after inheriting her brother, Paul Allen’s wealth, house, and assets. Back in 2009, Jody Allen lived on Mercer Island, Washington, just outside of Seattle. Jody is currently residing in an opulent mansion in Wedgwood, Seattle, Washington.
She acquires a Thurston Estate valued at $7.5 million in a Hawaiian getaway. Jody also owns various other estates including Atherton, California estate worth $21 million, a Mercer Island Estate in Seattle, a Beverly Hills condo in Beverly Hills, Carbon Beach Home in the Grand Tetons, Lopez Island estate in Lopez Island, Teton Ridge Estate in France, and an apartment in New York.
Jody also owns an Octopus yacht worth $325 million, an Octopus helicopter, a Tatoosh yacht, a Meduse yacht, a Mig-29, a Yellow Submarine, and numerous more assets.
As of 2023, Jody Allen’s net worth is estimated at around $20.3 billion. Most of her income comes from diversified portfolios and real estate. Judy has served as the president and founder of a number of different organizations. She makes an annual income of $100 million from her businesses and deals.
Furthermore, after her brother died on October 15, 2018, she was named executor of his estate. She is in charge of carrying out his desires and settling his affairs with tax authorities and parties. Jody has now inherited Paul Allen’s immense fortune, which is reported to be worth billions of dollars.
She has contributed more than $469 million in grants to over 1,400 charitable organizations through her Paul G. Allen Family Foundation, while his brother has given over $2 billion to charity at the time of his death. Jody Allen has been a successful businesswoman for almost three decades. Jody has been adept at securing earnings from the public.