CLOSE THE GATE: Who will Bill Gates’ $80B property empire – which includes a $123M mansion with a trampoline room and 60-foot swimming pool, go to now that they’re divorced?
The mega-mansion takes its name from the movie Citizen Kane where the main character, Charles Foster Kane builds a huge estate known for its splendor and size.
The home, worth $123million, has been named ‘Xanadu 2.0
The property was originally bought in 1988 for $2million
The mansion took seven years to build
Gates’ property empire hangs in the balance following the divorce announcement
Oceanfront home
Last year during the pandemic, Gates spent $43million on an oceanfront home near San Diego.
It was one of the largest deals recorded in the area and was owned by the former wife of Texas billionaire T. Boone Pickens.
The six-bedroom home spans about 5,800-square-feet and has a 10-person jacuzzi and a long oceanfront deck.
Gates spent $43million on the luxury property in San Diego, CA
The property was built in 1999 by architect-designer Ken Ronchetti
The estates features a glass-tiled pool, a 10-person jacuzzi and a tennis court
The six-bedroom home spans about 5,800-square-feet and has a long oceanfront deck
Florida ranch
Outside of the family home in Washington, Gates owns a 4.5 acre ranch in Wellington, Florida.
He reportedly purchased the home in 2013 for $8.7million.
Gates’ daughter Jennifer is a keen equestrian and the family previously rented the home when in Florida for her competitions.
The Florida ranch was bought by the Gates family in 2018
Rancho Paseana
In 2014, Gates purchased the 228-acre Rancho Paseana for $18million.
In front of the Santa Fe home is a racetrack that is three-qaurter-mile’s long.
The mansion used to belong to weight-loss expert Jenny Craig.
The Californian property also includes five barns and an orchard.
Buffalo Bill Cody’s ranch
In 2009, Gates reportedly bought a ranch in Wyoming that belonged to Buffalo Bill Cody.
Although the price he purchased it for has been made public, the 492-acre ranch was previously listed for $8.9 million.
Investments
Gates has also made several investments over the years through his personal investment firm, Cascade.
He reportedly owns close to half of the Four Season Holdings’ hotel chain.
Gates shares 95% of the ownership with Saudi Prince Alwaleed bin Talal.
The two billionaires bought the hotel chain for $3.8billion meaning that Gates could have forked out $1.9billion for the luxury-hotel business.
In 2013, Gates along with several unnamed buyers paid $161million for the Ritz-Carlton in San Francisco.
The hotel is now estimated to be worth $200million.
This year Gates became the biggest owner of agricultural land in the US after buying up 242,000 acres in 18 states, the Land Report published.
The 65-year-old’s holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona, 47,927 in Arkansas, and 69,071 in Louisiana.
It is unclear as to why Gates has invested in the farmland.
