Seattle-based Microsoft founder Bill Gates — and second richest man
in the world — remarkably, doesn’t own an excess of properties.
Previously, when his horse-loving daughter competed in Florida, the
multi-billionaire rented homes for his family rather than buying.
Not any longer. According to South Florida’s Gossip Extra and
property records, Gates now owns a place in Wellington, FL, paying $8.7
million in cash. The Mediterranean-style residence is vastly different
and much smaller than Gates’ high-tech and modern compound spanning over 5 acres with 50,050 square feet of living space on Lake Washington, about 8 miles east of Seattle.
The home Gates just purchased in Wellington is reportedly a residence he and his family rented last year in January while his teenage daughter competed in the Winter Equestrian Festival.
Built in 2010, the estate has 4 beds and 4 baths with a
7,234-square-foot, open floor plan. Horse-friendly features like a
20-stall barn and show-jumping arena were likely part of Gates’ decision
to buy the home.
Gates isn’t the only business man buying in Wellington. New York City
Mayor and Bloomberg Founder Michael Bloomberg has a home there as well
as the former owner of the L.A. Dodgers, Frank McCourt.
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