Bill Gates, the Co-founder of Microsoft Corporation, is one of the world’s wealthiest people. For more than four decades, he has been a technology pioneer, amassing a fortune that most people can only dream of.
In this article, we’ll look at Bill Gates’ net worth, how he got so rich, and how he’s using his fortune to make a difference in the world.
Childhood and Career
Bill Gates was born in 1955 in Seattle, Washington. His father was a successful lawyer, and his mother was a successful businesswoman. Gates demonstrated an early aptitude for technology, programming his first computer game at the age of 13 years.
After two years at Harvard, Gates dropped out to co-found Microsoft Corporation with his friend Paul Allen in 1975. The company began as a small software firm, but it quickly grew into a technology powerhouse, developing Windows, the world’s most popular operating system.
What is the Net Worth and Salary of Bill Gates?
According to Celebrity Networth, Bill Gates has a net worth of $113 billion, ranking him fourth in the world. The majority of his fortune is derived from his holdings in Microsoft, where he still owns more than 1% of the company’s stock. Gates has invested in a wide range of businesses and industries, including real estate, energy, and healthcare, in addition to Microsoft.
More Bill Gates Real Estate
Rancho Santa Fe, California: The Gates family paid $18 million in October 2014 for a 228-acre ranch property in Rancho Santa Fe, California (near San Diego). Jenny Craig, the weight loss tycoon, sold them the property. The “Rancho Paseana” property is a horse ranch. Jennifer Gates, Gates’ daughter, is an avid rider. There is a racetrack, an orchard, five barns, and even a suite for a full-time veterinarian on the property.
Bill and Melinda paid $43 million for a stunning oceanfront mansion in Del Mar, California, about 15 minutes from their Rancho Santa Fe ranch, in April 2020. They purchased the house from the widow of late oil billionaire and investor T. Boone Pickens.
Wellington, Florida: Gates paid $8.7 million for a second horse ranch in Wellington, Florida, in 2013. The family had previously rented the mansion when in town for Jennifer Gates’ competitions. They were so taken with the house that they decided to buy it.
Cody, Wyoming: In 2009, Gates paid an undisclosed sum for a 492-acre ranch in Cody, Wyoming. The ranch, once owned by William “Buffalo Bill” Cody, was listed for $12 million at first. It was listed for $8.9 million just before Bill bought it. In the last 150 years, the ranch has only had three owners.
Commercial Properties: Gates owns stakes in several prominent hotels through his investment fund Cascade. In Cambridge, Massachusetts, he owns a portion of the Charles Hotel. He owns roughly half of all Four Seasons hotels worldwide. He and a group of investors own the San Francisco Ritz Carlton.
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Bill Gates’ Incredible Seattle Mansion
“Xanadu 2.0,” Bill Gates’ Washington estate, is an impressive masterpiece that took seven years and $63 million to build. It is located on a lakefront property that Gates purchased in 1988 for $2 million. He paid $14 million for surrounding houses to ensure privacy.
The 66,000-square-foot modern “Pacific Lodge” combines antique and high-tech conveniences with impeccable woodwork and acoustics. A 60-foot pool with an underwater music system, a 2,500-square-foot gym, a 1,000-square-foot dining room, six kitchens, and a 200-person dining hall are all part of the estate.
The house has 24 40-inch TV screens that form a large image, and each area is controlled by a touchpad. Hidden cameras and floor sensors ensure house security, while microchip tags control lighting, heating, music, and digital display art.
A domed library with priceless Da Vinci masterpieces, a 3,900-square-foot pool house with a 17-by-60-foot pool, two above-ground garages, and a 6,300-square-foot underground parking lot with room for 10 cars are among the property’s intriguing features. The annual property taxes on the mansion are $1.063 million, reflecting its estimated value of $150 million.
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The Effect of Divorce on Net Worth
Bill and Melinda Gates announced their divorce in 2021, after 27 years of marriage. The couple has stated that they will continue to collaborate at the Bill & Melinda Gates Foundation.
However, the divorce could have a significant impact on Gates’ net worth because it is unclear how the couple’s assets will be divided.
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