Microsoft billionaire Paul Allen reportedly just bought another home for $5.4 million

Microsoft co-founder Paul Allen is no stranger to the Mercer Island, Washington, real estate market. 

Allen, whose net worth is estimated at $18 billion, is believed to own as many as 11 homes in this ritzy enclave just east of Seattle.

And according to, he just added yet another Mercer Island property to his extensive collection.

Allen reportedly purchased a roughly 3,320-square-foot home for $5.4 million in December. The property is a bungalow that dates back to 1948 and has...

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