Posted by: 26-11-2019, 06:54
What does Bill Gates spend money on?
Nowhere richer: what real estate does Bill Gates own
Microsoft co-founder Bill Gates once again won the title of the richest man in the world, ahead of Amazon CEO Jeff Bezos by $1 billion. What does one of the world's most famous billionaires prefer to spend his money on?
The state of Microsoft co-founder Bill Gates was estimated at $110 billion, which made him the richest man in the world. He took this title from his closest pursuer, Amazon CEO Jeff Bezos, who lost some of his wealth after a divorce from his wife Mackenzie.
Gates, Bezos, as well as French businessman Bernard Arnault, president of the Louis Vuitton Moet Hennessy group of companies, are the only people on the planet whose fortune exceeds $100 billion.
At the same time, Bill Gates and his wife Melinda give a huge amount of money to charity. Gates is also one of the initiators of the вЂњOath of GivingвЂќ campaign, joining which the richest people in the world commit themselves to spend most of their money on philanthropy.
However, this does not mean that the co-founder of one of the largest IT companies leads an ascetic lifestyle. Moreover, it has several large estates, a private jet and a collection of luxury cars report Business Insider.
One of Bill Gates' most famous homes is the Xanadu 2.0 estate in Medina, Washington. He bought this plot in 1988 for $2 million. It took seven years and $63 million to build a huge house with a total area of 6,100 square meters. Currently, Xanadu 2.0 is estimated at $125 million.
Of course, MicrosoftвЂ™s co-founderвЂ™s home is highly technological. It is known that inside there are a large number of displays worth $80 thousand, which can show photos or paintings, or any other image. However, Gates also owns some real works of art вЂ” for example, a painting by Winslow Homer, which was bought in 1988 for $36 million.
Xanadu 2.0 also has a separate building with a swimming pool, as well as a whole trampoline room for children. In addition, there is a library inside the estate that contains an ancient manuscript by Leonardo da Vinci, dating from the 16th century. It was bought by Gates in 1994 for $30 million.
Also on the estate of Bill Gates is a small theater for 20 guests, six kitchens, 24 bathrooms and a garage for 23 cars.
The fact is that Gates is a collector of luxury cars. So, shortly after the creation of Microsoft, he acquired a sports car Porsche 911. In addition, he owns a model Porsche 959.
Gates also has a Bombardier BD-700 Global Express private jet worth $40 million, accommodating 19 passengers, so the IT tycoon flies in comfort.
In addition to real estate in Washington, the richest man on Earth also owns a suburban ranch in Wellington, Florida with a total area of 1,195 square meters. It is reported that Gates spent about $27 million to buy a number of houses there.
It is known that this area attracts athletes involved in equestrian sports. Gates' daughter, Jennifer, is actively involved in horseback riding, so her father bought this ranch to support her hobby.
Bill Gates also owns two more ranches вЂ” in California and Wyoming. One of them even includes its own racing track.
However, the investment of the ex-head of Microsoft in real estate does not end there.
He, or rather, his personal investment firm Cascade Investment, allegedly owns half of all Four Season hotels in the world.
In addition, Gates is a co-owner of the Ritz-Carlton Hotel in San Francisco.
Nevertheless, all these acquisitions are just a drop in the sea of Bill Gates's wealthy. It is known that he and his wife Melinda Gates were called the most generous philanthropists of America вЂ” in total they spent about $36 billion on charity.
Most of the Gates family's money goes to medical projects вЂ” they donated about $2 billion to fight malaria, more than $50 million to fight Ebola, and about $38 million to develop a cheap polio vaccine.
The Gates charity has also donated at least $2.5 billion to the Global Alliance for Vaccines and Immunization (GAVI), which aims to increase the availability of childhood vaccines in poor countries.