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Bill and Melinda Gates Bought a $43 Million San Diego, California Beach House in 2020

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Bill Gates beach house. The Guiltinan Group

Bill and Melinda Gates bought an oceanfront property near San Diego last year. 

Gates, who rose to prominence as co-founder of Microsoft, bought the Del Mar, California home for $43 million, the Wall Street Journal first reported. It was reportedly one of the largest ever sales in the area.

The Del Mar property was last on the market for $48 million before it was purchased by the Gates in late March 2020. It was previously owned by Madeleine Pickens, the ex-wife of Texas billionaire and hedge fund manager T. Boone Pickens. 

The Gates' real estate portfolio is estimated to be worth over $200 million. Now with the news that Gates and his wife of 27 years, Melinda, are ending their marriage, the properties could be divided up.

The couple owns other luxury properties, including a southern California ranch purchased for $18 million in 2014, and a mansion in Medina, Washington, estimated to be worth $127 million. They have a separation contract that likely dictates how property will be split.

Take a look inside the San Diego property.

The house was built by architect Ken Ronchetti in 1999.

Bill Gates beach house. The Guiltinan Group

Source: Realtor. com

It is considered a landmark in Del Mar.

Bill Gates beach house. The Guiltinan Group

Source: The Guiltinan Group

Wood ceilings throughout give the beach house an island feel.

Bill Gates beach house. The Guiltinan Group

The main living space has large windows that open up onto the porch.

Bill Gates beach house. The Guiltinan Group

Outside, the property has 120 feet of oceanfront.

Bill Gates beach house. The Guiltinan Group

The owners can swim in the ocean, or enjoy the view from the porch.

Bill Gates beach house. The Guiltinan Group

Outdoor furniture and a fire pit make the most of the space.

Bill Gates beach house. The Guiltinan Group

As if that wasn't enough, there's also a large pool.

..

Bill Gates beach house. The Guiltinan Group

...and a ten-person jacuzzi.

Bill Gates beach house. The Guiltinan Group

The jacuzzi and fire pit have everything for a perfect beachy respite.

Bill Gates beach house. The Guiltinan Group

Back inside, the house has six bedrooms.

..

Bill Gates beach house. The Guiltinan Group

...some with stunning ocean views.

Bill Gates beach house. The Guiltinan Group

The house is 5,800 square feet, including 3.5 bathrooms.

Bill Gates beach house. The Guiltinan Group

Limestone floors continue throughout the house.

Bill Gates beach house. The Guiltinan Group

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See Bill and Melinda Gates new $43 million San Diego home

The billionaire philanthropists Bill and Melinda Gates have purchased an extraordinary beach house outside San Diego – splashing out on $43 million for an oceanfront mansion in the coastal town of Del Mar, California.

The sale of the beachfront property marks the second-priciest home sale in San Diego County history. Ironically, the biggest was for the same house for $48.2 million in 2007.

Designed by world renowned architect Ken Rochetti, the Gates’ new home features six bedrooms and 3.5 baths.

The home has 5,800 square feet, and it comes furnished with a four-car garage, and a spectacular outdoor area including a vast oceanfront deck, a glass tile swimming pool, and spacious Jacuzzi overlooking a fire pit. The home also comes with a two-bedroom guest house.

The house’s high ceilings, neutral color palette and open plan make every room feel light, bright and airy.

This property has long been considered one of the most prominent coastal contemporary beach homes on the West Coast and a treasured landmark in Del Mar.

Living room

Bill Gates, co-founder of Microsoft, is the world’s second-richest person with a net worth of $103. 4 billion, said Forbes.

He is now most visible with his charitable Bill & Melinda Gates Foundation. Recently, the foundation has committed more than $250 million to fight COVID-19.

Garden

Their primary residence is the $123 million mansion in Washington that Bill spent seven years building and renovating.

Open-plan space

The expansive property previously been owned by Madeleine Pickens, the ex-wife of Texas billionaire T. Boone Pickens.

Madeleine Pickens bought it for $35 million but the total grew to $48.2 million when three adjacent parcels were added to the deal.

Exterior view

The property is available via The Guiltinan Group, theguiltinangroup.com

Where is Bill Gates' house in Del Mar?

Bill Gates' Del Mar house is at 2808 Ocean Front. Th house was built by architect and designer Ken Ronchetti back in 1999, and has a generouse 120 feet of ocean frontage.

Where does Melinda Gates live?

Melinda Gates lives in the family's main home – Xanadu 2.0 – an earth-sheltered mansion with views over Lake Washington in Medina, Washington. It isn't clear where Melinda Gates will live after her divorce from Bill Gates – nor how the couple will divide their vast property portfolio.

Is Bill Gates the richest man alive?

Bill Gates is no longer the world's second-richest person. That title belongs to Tesla and Space X entrepreneur Elon Musk, who unseated Bill as the world's second wealthiest in November 2020. 

Bill Gates has an estimated net worth of $129 billion. He's one of three people in the world with a net worth exceeding $100 billion.

Jennifer is the Digital Editor at Homes & Gardens. Having worked in the interiors industry for a number of years, spanning many publications, she now hones her digital prowess on the 'best interiors website' in the world. Multi-skilled, Jennifer has worked in PR and marketing, and the occasional dabble in the social media, commercial and e-commerce space. Over the years, she has written about every area of the home, from compiling design houses from some of the best interior designers in the world to sourcing celebrity homes, reviewing appliances and even the odd news story or two.

The perfect hideout: what the house that Bill Gates bought in the midst of a pandemic looks like

The second number in the list of the richest people in the world, Bill Gates, in the midst of a pandemic, bought the “ideal shelter” - a house on the beach in California for $ 43 million. What it looks like - in the Forbes gallery

Bill Gates and his wife bought a house in the resort town of Del Mar, near San Diego, California, in late March, a couple of weeks after the WHO declared a global pandemic of the coronavirus.

The house was sold by the widow of Texas oil tycoon and investor Ty Boon Pickens, who died last year. At the beginning of the year, she asked $48 million for real estate, but the Gates received a $5 million discount. Despite this, the deal turned out to be the most expensive in the history of Del Mar, says Forbes USA contributor Amy Dobson.

A house on the Pacific coast would be "the perfect retreat for self-isolation," writes the Daily Mail. How it looks - see the gallery.

Krone & Bushard, Inc.

Bedroom

The master bedroom has ocean views and a marble fireplace. There are six bedrooms in total.

Krone & Bushard, Inc.

Jacuzzi with ocean view

A 10-person Jacuzzi is located on the 37-meter terrace along the beach, from which you can watch the ocean. Next to the terrace is a fire pit.

Krone & Bushard, Inc.

Fine wood trim

The interior of the house is finished with mahogany and bleached pine.

Krone & Bushard, Inc.

Living room

High ceilings and an open floor plan fill every room with air and light.

Krone & Bushard, Inc.

Terrace seating area

Numerous outdoor recreation areas have imported limestone floors.

Krone & Bushard, Inc.

Living room

The total area of ​​the house is 540 sq. m.

Krone & Bushard, Inc.

Bedroom

Designed by renowned Californian architect Ken Ronchetti. It has six bedrooms and four bathrooms.

Krone & Bushard, Inc.

Children's room

The house has a children's room with two single beds.

Krone & Bushard, Inc.

Swimming pool

Swimming pool with glass tiles.

Krone & Bushard, Inc.

Guest bedroom

There is a guest house with two bedrooms on site.

Krone & Bushard, Inc.

ocean views

The terrace, with underfloor heating, offers plenty of seating and ocean views.

Krone & Bushard, Inc.

Swimming pool overlooking the ocean

You can also see the ocean from the pool.

Krone & Bushard, Inc.

Ocean view from jacuzzi

Oceanfront terrace with pool, jacuzzi and outdoor seating areas.

Krone & Bushard, Inc.

Terrace along the ocean

All ocean-facing spaces feature retractable glass walls to blend tropical feel, sophisticated interiors and landscaping.

View of the house from above

The house has a garage for four cars.

#Bill Gates #The Bright Side

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Why does Bill Gates want to tear up the California Dead Sea?

One of the world's top billionaires is planning to develop a new startup and begin active development of lithium mines in Salton Lake - the "Dead Sea" of the US state of California. Due to the fact that today lithium is needed to create batteries, materials for aviation and space technology, as well as used in nuclear energy, a new venture by an American entrepreneur can become an unprecedented source of income for Gates himself and a very reliable lithium resource for the rest of the population of our planet. , according to popularmechanics.com.

Bill Gates plans to develop lithium

Lithium is a light and soft silver-white metal.

As soon as one of the richest and most recognizable people on the planet, Bill Gates, left the post of director of Microsoft, he immediately decided to take up new projects. In particular, the billionaire liked a small startup for the development of lithium in one of the salt lakes in southern California. Founder David Snydaker, for example, was surprised to receive $20 million in funding from an energy venture capital firm with investors such as Jeff Bezos, Michael Bloomberg and Bill Gates.

In the near future, lithium may no longer be used in the manufacture of batteries, because scientists are developing new types of power sources.

While the idea of ​​starting lithium projects at Salton Lake has come to businessmen before, entrepreneurs have been hesitant to approach the lake's geothermal area due to a number of unsuccessful attempts to extract alkali metal in the region. Be that as it may, it was Snydaker who managed to create a new technology that can work with salt water of various concentrations and their mixtures.

Dissolved in salt water sources around the world, lithium is often extracted the “old fashioned way” in a similar way to sea salt. So, in the huge evaporating ponds formed after leaving the sea region, solid matter remains, which entrepreneurs dig up. Although this technique remains effective many hundreds of years after its invention, the recovery rates in this case leave much to be desired.

Lake Salton - California's "Dead Sea", containing huge reserves of lithium

The salty “sea” is already rapidly evaporating for quite natural reasons, and lithium salt continues to flow into Salton, and every year its quantity only increases. The salt content in this place is so high that there is practically no life in the lake, indirectly making it an ideal site for lithium mining or any other invasive engineering project.

In addition to the salt, the area close to the lake is home to several mud volcanoes, which are one of the richest potential sources of geothermal energy in the world. Dissolving in a superheated mixture, local lithium can have unique properties, which attracted David Snydaker's company to develop the deposit under the leadership of the well-known Australian company Controlled Thermal Resources (CTR).

Mud volcanoes are considered excellent sources of heat.

Snydaker's technology involves modular lithium mining, in which hydrochloric acid gradually dislodges lithium chloride from natural lithium carbonate contained in brine. The author of the development claims that his method of mining can be much faster and more efficient compared to traditional evaporation methods. It is reported that the company's ambitious plans until 2023 include the extraction of more than 17,000 tons of lithium, which can contribute not only to the development of the local economy, but also to increase the level of technological effectiveness of enterprises around the world.


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