What is the net worth of Bill and Melinda Gates? Da Vinci’s Codex, Jets and Xanadu 2.0 Ecohouse will be split
After 27 years of marriage, billionaire benefactors Bill and Melinda Gates, co-founders of one of the world’s largest private charitable foundations, filed for divorce on Monday, April 3, claiming they had reached an agreement on how to divide their properties. The couple’s divorce will be the biggest division of assets since Jeff Bezos split from his wife MacKenzie Scott in mid-2019.
“The marriage is irretrievably broken,” the couple wrote in a joint petition for marriage dissolution filed in King County Superior Court in Seattle. Bill, 65, who co-founded Microsoft Corp (MSFT.O), and Melinda, 65, however, will continue to work together as co-chairs and directors, according to the foundation. If you’re wondering how much this disintegrating power couple is worth, here’s what you need to know.
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What is Bill Gates Net Worth?
According to Forbes, an American business mogul, founder and former CEO of Microsoft, philanthropist and author Bill Gates has a net worth of $ 124 billion, with a real-time net worth of $ 130.5 billion. Celebrity Net Worth puts him at $ 146 billion, adding that he has a salary of $ 1 million.
Bill has been the richest man on the planet for most of the past two decades. Currently, he is the fourth richest person in the world after Jeff Bezos, Elon Musk and Bernald Arnault of LVMH and his family, reported Town and Country Magazine.
Owns less than 1.3% of Microsoft
Bill and Paul Allen co-founded the software company Microsoft. Bill is considered one of the early entrepreneurs of the personal computing revolution. Today, he owns less than 1.3% of the company, having sold tens of billions of dollars of Microsoft stock over the years.
After Microsoft’s IPO in 1986, Bill sold at least $ 40 billion in stocks and earned over $ 12 billion in dividends. He invested in Cascade Investment, a holding company that has grown to include investments in companies such as Canadian National Railways and AutoNation. In mid-March 2020, Gates resigned as a member of the Microsoft board of directors. To date, he has donated $ 35.8 billion in Microsoft shares to the Gates Foundation, which works to improve global health and create equal opportunities for people around the world.
What is Melinda Gates Net Worth?
Celebrity Net Worth puts Melinda’s net worth at $ 70 billion. The American businesswoman and philanthropist maintains her position as the most powerful woman in philanthropy as co-chair of the Bill and Melinda Gates Foundation.
Melinda and her husband founded the Bill and Melinda Gates Foundation in Seattle, Washington, in 2000. It is one of the largest private foundations in the world with $ 46.8 billion in assets. In 2018, it was reported that the couple had donated around $ 36 billion to the foundation.
Beachfront house, ranches and farmland
The Gates family owns a number of impressive properties across the United States. He most likely owns properties in other countries, but little is known about these transactions. The family owns a 228-acre ranch in Rancho Santa Fe and a $ 43 million oceanfront mansion in Del Mar, San Diego. It has 120 feet of private ocean frontage, the Daily Mail reported.
They also own two other ranches in Wellington, Florida, and Cody, Wyoming, according to Celebrity Net Worth. Wellington has been described by The Real Deal as the winter riding capital of the world and has long served as the playground for billionaires such as Michael Bloomberg, the late Steve Jobs, the Campbell’s Soup family and other famous horsemen. That of Wyoming was originally colonized by Buffalo Bill in 1902.
In addition to his five homes, Bill has quietly amassed a sizable farm portfolio. With 242,000 acres in 18 states, it is now the largest private owner of farmland in the United States. At least 69,071 acres in Louisiana, 47,927 acres in Arkansas, 25,750 acres in Arizona, 20,588 acres in Nebraska and 16,097 acres in Washington state are among the largest farms in 65, according to the Daily Mail.
Bill also has interests in several prominent hotels. He owns part of the Charles Hotel in Cambridge, Massachusetts and about half of all Four Seasons hotels around the world. He owns the Ritz Carlton in San Francisco with a group of investors.
Bill and Melinda, who married in 1994, have a $ 125 million lakefront mansion near Seattle as their primary residence. The Gates family live in Medina, Washington, in a mansion sheltered from the earth on the edge of a hill overlooking Lake Washington. Bohlin Cywinski Jackson and Cutler-Anderson Architects of Bainbridge Island, Washington collaborated on the 66,000 square foot home, dubbed Xanadu 2.0.
The Gates Estate includes five homes in five states, a fleet of vehicles including a rare $ 2 million Porsche, an art collection including the $ 30 million Da Vinci Codex that Gates purchased during a auction, and a number of private jets, the Daily Courrier reported.
The house is named after the fictional home of Charles Foster Kane, the main character of “Citizen Kane,” and took seven years to build in Gates. The main house alone measures 66,000 square feet and sits on the side of a hill overlooking Lake Washington. The estate includes a 60-foot pool with an underwater music system, a 2,500-square-foot gym and 1,000-square-foot dining space, as well as six kitchens and a 200-person dining area, according to Money.
According to the Washington Post, the building along the scenic lake angered some residents, so Gates responded with free car washes and made their construction team available to help with small projects in nearby homes.
What the house means to Gates is a line from the end of F Scott Fitzgerald’s “ The Great Gatsby, ” which the business mogul ordered to be inscribed around the base of his library’s domed roof. It reads: “He had come a long way to that blue lawn and his dream must have seemed so close that he could hardly fail to catch it.” The sprawling oasis boasts of a private library, complete with an oculus and priceless works, including pieces by Leonardo da Vinci.
“I wanted craftsmanship but nothing ostentatious,” Gates said in his book “The Road Ahead,” which he wrote from the guesthouse, while the main house was being built. “I wanted a house that would accept advanced and scalable technology, but in a low-key way that made it clear that the technology was the servant, not the master.”
Rare Porsche, Jaguar, Ferrari and jets
Gates’ home garage in Seattle can accommodate 30 vehicles. In February 2018, he told Ellen DeGeneres that his biggest purchase after Microsoft was founded was a Porsche 911 supercar, which he then sold. “It was an indulgence,” he told the show host. Gates also owns a Porsche 930 Turbo, a Jaguar XJ6 and a Ferrari 348. His most expensive car is believed to be an incredibly rare Porsche 959, of which only a few hundred have been made. He had to wait 13 years for the car because US customs delayed his arrival. It also required the passage of a special law, the exhibition or display rule, so that it could be used in the country.
Gates also owns a number of private jets. “It helps me do my foundational work, but again it’s a very privileged thing,” he said in the Daily Mail report. He is believed to own two $ 65M Gulfstream G650ERs, two Bombardier Challenger 350s, a Cessna seaplane and a collection of helicopters.
Leonardo da Vinci codex and other works of art
Gates is also known for his art collection, which includes the Leonardo da Vinci Codex, which he bought from Christie’s in New York for $ 30 million in 1994. Sitting in his Seattle library, the Codex is set evidence. Since it was once owned by the Earl of Leicester, it is known as the Leicester Codex.
The 36-sheet leather-bound notebook contains a mix of Da Vinci’s observations and theories on the properties of water, rocks, fossils, air and celestial light.
His art collection also includes an oil painting by Winslow Homer titled “Lost On The Grand Banks”, for which he paid $ 36 million in 1998. He also owns a painting by George Bellows named “Polo Crowd” , which he bought for $ 28 million in 1999.
Gates paid $ 20 million for Childe Hassam’s “Flower Room”, which hangs inside the library. He also owns “The Nursery,” which was painted by William Merritt Chase.