About Herbert Allen, Jr. & family
  • Herbert "Herb" A. Allen controls boutique investment bank Allen & Co., which focuses on tech companies.
  • Allen & Co. has had a hand in several large tech IPOs of the last decade, including Twitter, Groupon and LinkedIn.
  • The firm was founded as an investment partnership in 1922 by Allen's uncle Charles.
  • Allen was reportedly named president of the firm's nascent underwriting business in 1966 at the age of 26.
  • In the summer of 1982 Allen & Co. sold Columbia Pictures to the Coca-Cola Company.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR

Forbes Lists

Personal Stats
Age
84
Source of Wealth
Investment banking
Self-Made Score
4
Residence
New York, New York
Citizenship
United States
Marital Status
Divorced
Children
4
Education
Bachelor of Arts/Science, Williams College
Did you know
Allen is the largest individual holder of Coca-Cola stock, though his 12 million shares account for less than 1% of the company's stock.
Allen hosts some of America's most important people at his firm's annual conference in Sun Valley, Idaho. Past attendees include Bill Gates and Mark Zuckerberg.
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Apr 24, 2024

Taking Profits On Ethan Allen: Sell Before Today’s Close

Ethan Allen Interiors (ETD $33.30) reports quarterly results this afternoon after the close of trading. If you hold ETD from prior buy writes, the recommendation is to sell the stock to avoid any nasty disappointments that may follow the earnings release.