Where do Richest Americans Live
Taking a look at Bill Gates' and other top members of the new Forbes 400 list's residences
Have you seen the most recent “Forbes 400: The Complete List of America’s Wealthiest People”?
Bill Gates, with an estimated net worth of $81 billion, is named first for the 23rd year in a row. Meanwhile, with a net worth of $65.5 billion, his pal Warren Buffett slid to third position for the first time in 15 years.
CEOs at hot IT businesses appear to have amassed money at a significantly quicker rate than the general public, thanks to surging stock prices. Jeff Bezos, the CEO of Amazon.com, increased his net worth to $67 billion, making him the second-richest person in the United States.
With a net worth of $55.5 billion, Facebook CEO Mark Zuckerberg surged to fourth place, his best ranking ever. Larry Ellison, the creator of Oracle, was ranked No. 5 for the first time since 2007. His estimated net worth is $49.3 billion dollars.
Former New York City Mayor Michael Bloomberg, CEO of the namesake corporation Bloomberg L.P., is ranked No. 6 on the list, with a net worth of $45 billion.
These six multibillionaires have a total fortune of $363.3 billion, the majority of which is still invested in the firms they started. However, real estate accounts for a portion of their riches. Through his private investment organization, Cascade, Mr. Gates owns a $170 million Washington residence, many horse ranches around the United States, and investments in many luxury hotel networks.
Take a peek at the homes of the world’s six wealthiest people:
Bill Gates is the richest man in the world, with a net worth of $81 billion. Medina, Washington is where I call home.
Mr. Gates, 60, spends the most of his time at his 66,000-square-foot residence in Medina, Washington, dubbed Xanadu 2.0 after the residence of Citizen Kane’s main character. The home has a beautiful view of Lake Washington. This residence, which is full of high-tech amenities, took Mr. Gates seven years and $63.2 million to create. According to public records, he bought the property for $2 million in 1988, but it’s now worth an estimated $170 million.
2. Jeff Bezos ($67 billion in net worth) Medina, Washington is where I call home.
Mr. Bezos, 52, has amassed a considerable number of real estate holdings over the years as he builds his e-commerce business, earning him the No. 26 place on The Land Report’s list of America’s top landowners last year. According to Forbes, he owns a 165,000-acre ranch in West Texas, a waterfront home in Washington state, three connected apartments in Manhattan’s Century Tower, and a 12,000-square-foot Beverly Hills villa where Tom Cruise lives.
His house in Medina, Washington, is 5.35 acres in size and has around 29,000 square feet of living area. It is adjacent to Amazon’s headquarters. There’s also a caretaker’s cottage and a 4,500-square-foot boathouse on Lake Washington, in addition to the main house.
3.Warren Buffett is the third richest person in the world, with a net worth of $65.5 billion. Omaha, Nebraska is where I call home.
Despite the fact that Mr. Buffett, 86, is the world’s most successful investor, he is known for living modestly.
He acquired his house on a corner in Omaha, Nebraska, for $31,500 in 1958. Since then, Mr. Buffett has made his home there. The mansion, which was erected in 1921, has been expanded multiple times to become a snug and pleasant 6,500-square-foot residence for the guy with a net worth of $65.5 billion.
4. Facebook’s Mark Zuckerberg
$55.5 billion in value Palo Alto, California is where I call home.
The world’s youngest billionaire invests the majority of his fortune toward schools, health care, and other philanthropies. His Palo Alto house and a 9.9-million pied-a-terre in Dolores Park in San Francisco are among his real estate holdings.
Mr. Zuckerberg, 32, paid $7 million for his first 5,000-square-foot Craftsman-style home in Palo Alto in 2011. In the years that followed, he paid $43.8 million acquiring four of the houses that surrounded his property in order to maintain his seclusion. However, his intention to demolish and rebuild those four houses has been put on hold.
Larry Ellison is number five.
$49.3 billion in value Woodside, California is where I call home.
Larry Ellison, Oracle’s executive chairman, has a sizable real estate holdings. He has purchased entire communities in Malibu and the Lake Tahoe area. He owns a $70-million Beechwood Mansion in Newport, Rhode Island, a Kyoto garden home, and 98 percent of the property in Lanai, Hawaii.Hawaii’s sixth-largest island, which he purchased in 2012 for $500 million, according to published reports.
His $110 million mansion in Woodside, California, is designed in the style of 16th-century Japanese architecture and includes a man-made 2.3-acre lake.
Michael Bloomberg has a net worth of $45 billion. Manhattan, New York is where I call home.
Michael Bloomberg, the former mayor of New York City, owns more than a dozen properties throughout the world. He spends the most of his time at his Upper East Side home, although he also has properties in the Hamptons, London, Bermuda, Colorado, and Florida.
Mr. Bloomberg’s townhouse, at 17 East 79th St., is five floors tall and has a limestone façade. Mr. Bloomberg stayed in the townhouse instead of Gracie Mansion throughout his three years as mayor.
