06:18 AM

Max Palevsky Intel Founder Dies

TechEye reports that Max Palevsky died aged 85. He was one of the first investors in Intel. He made more than a $1 billion in the sale of Scientific Data Systems to Xerox in 1969.

Although he was a computer pioneer, in his later life he lost his love for computer technology.

In the 1970s he turned his back on corporate America and produced movies, saved Rolling Stone and delved into Democratic politics.

In later years, Palevsky gave up on politics and concentrated more of his attention on art. He built important collections of arts and crafts movement furniture and Japanese woodblock prints.

...In the last 15 years of his life he became a bit of a self confessed Luddite and refused to touch a computer, watch TV or use a credit card.