Inside photos of former Microsoft boss' spanking new home
His wife and he are among the richest people in the world and have dedicated their lives to humanitarian causes. As someone who actually put a computer in every home (let’s face it, Steve Jobs only spoke about it, he did it) Bill Gates is, without a doubt, a visionary. It’s also why he was among the select few who actually warned the world of an impending pandemic long even as the rest of us were going about pretending we were the masters of the universe.
And so, as we hole ourselves in our tiny flats, counting down to our last Maggi packet, Bill Gates went around and just bought himself an oceanfront home in Del Mar near San Diego.
The tech innovator, philanthropist and billionaire-who-cried-pandemic, paid a cool $43 million dollars for the mansion. In a bearish market, when everything including the real estate sector has taken a beating, Bill and Melinda Gates’ deal ranks among the biggest in the tony neighbourhood.
According to the Wall Street Journal, the deal between the Gates and Madeleine Pickens was inked late in March. Madeleine Pickens is the former wife of T Boone Pickens, an oil, gas and financial magnate from Texas who passed away last year. Madeleine Pickens is said to have picked up the lavish property back in 2007 for $48.15 million dollars.
By some estimates, the interiors, real estate fees and other expenses that go with buying a home cost Pickens another million dollars, which means she probably took a hit of close to six million when she sold off the property to the Gates.
Interestingly, though, the property was on the market for less than few months with an asking price of $48 million. The Gates seem to have negotiated hard for the mansion whose compound has several structures including a massive 5800-sq-ft residence with six bedrooms and four bathrooms as well as two guesthouses. There’s also a theatre, a swimming pool, a tennis court, a health spa, and a 10-person jacuzzi because that’s just how the Gates roll.
The property also has 120 feet for unrestricted ocean-facing frontage, which means even if the Gateses found themselves being quarantined, they’d have a view to die for. This isn’t unlike their main residence in Medina, Washington which is a similar waterfront property.
Their other properties include, an equestrian estate in California that they bought in 2014 for $18 million and another an equestrian estate and a mansion in Florida which they’d purchased in 2013 for $8.7 million and in 2009 for $5 million respectively. After she graduated from Stanford, their daughter Jennifer was gifted a sprawling $5 million condo in New York City.