realestate

Billionaire Philanthropist's Diversified Real Estate Holdings Total Over $150 Million

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ill Gates, co-founder of Microsoft and one of the world's wealthiest individuals, has invested over $150 million in real estate across the US over the past three decades. Despite his goal of giving away his fortune, Gates has acquired properties ranging from mansions to vast tracts of farmland.

    His primary residence, Xanadu 2.0, is a sprawling estate in Medina, Washington, valued at $183.5 million and spanning nearly 11 acres. The property features a 66,000-square-foot main house with advanced technology, including a heating system that adapts to individual guests' preferences and lights that adjust automatically as people move through rooms.

    Gates also owns properties in California, including a $15 million home at the Vintage Club in Indian Wells and several homes in San Diego County. In Montana, he has invested in a lodge at the Yellowstone Club, valued at $29.4 million. Additionally, Gates has purchased a beach house in Del Mar, California, for $43 million and an equestrian compound in Florida's Wellington area.

    Following his divorce from Melinda French Gates in 2021, many properties were transferred between trusts, making it difficult to determine the current ownership of some residences. This contrasts with Gates' public statements about wealth redistribution, where he has said that money has "no utility" for him beyond a certain point. However, the continued expansion of his real estate holdings suggests that property is indeed a utility for him.

    Here are some of Gates' notable properties:

    * Xanadu 2.0, Medina, Washington (purchased for $34 million in 1988-2009)

    * Vintage Club Home, Indian Wells, California (purchased for $12.5 million in 1999)

    * Del Mar Country Club Home, San Diego, California (purchased for $3.1 million in 2008)

    * Rancho Paseana, San Diego, California (purchased for $18 million in 2014)

    * Del Mar Beach House, San Diego, California (purchased for $43 million in 2020)

Billionaire philanthropist's extensive real estate portfolio valued at over $150 million worldwide.