- Bill and Melinda Gates bought a beachfront home near San Diego, California.
- They reportedly paid $43 million for the six-bedroom, 5,800 square foot house.
- Gates, co-founder of Microsoft, owns several other properties, including his main $127 million Washington mansion.
- Visit Business Insider’s homepage for more stories.
Bill Gates, who has made headlines recently for his coronavirus predictions and philanthropy, has a new oceanfront property near San Diego.
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. It was previously owned by Madeleine Pickens, the ex-wife of Texas billionaire and hedge fund manager T. Boone Pickens.
Bill Gates is the second richest person alive, according to Forbes, with a net worth of $106 billion, beaten only by Amazon CEO Jeff Bezos. Gates and his wife chair the Bill and Melinda Gates Foundation, the largest private charitable foundation in the world, which has pledged to donate up to $100 million on coronavirus relief.
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.
Take a look inside Gates' newest home.
The house was built by architect Ken Ronchetti in 1999.
Source: Realtor.com
It is considered a landmark in Del Mar.
Source: The Guiltinan Group