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Bill Gates just dropped $43 million on an oceanfront home in California. Here's how he spends his $102 billion fortune, from a luxury-car collection to incredible real estate.

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Bill Gates just expanded his real-estate portfolio.

He and his wife, Melinda Gates, dropped $43 million on a 5,800-square-foot home in Del Mar, California, Katherine Clarke reported for The Wall Street Journal.

The home now stands as one of the biggest recorded deals in the San Diego area, but it's not the only lavish purchase Gates, who has a net worth of $102 billion, has made. The billionaire owns a Washington estate worth $125 million, a private airplane, and a luxury-car collection. But these indulgences make up only a fraction of his massive fortune.

In fact, Gates and his wife, Melinda, previously said it's unfair they're so rich. Instead of spending billions on themselves, they often donate it to charity through the Bill & Melinda Gates Foundation. They've also pledged to give away most of their fortune through the Giving Pledge, which they launched in 2010.

Keep reading for a look at how Gates spends his billions.


Bill Gates, the cofounder of Microsoft, has an estimated net worth of $102 billion, making him the world's second-richest person.

Bill Gates

Bill Gates speaking at an event in Washington, 2014.

Chip Somodevilla/Getty Images

Source: Bloomberg


His net worth puts him in a two-man club with Jeff Bezos of people currently worth more than $100 billion.

bill gates
bill gates

CBS Photo Archive/Getty Images

Source: Business Insider


If he spent $1 million a day, it would take him more than 245 years to spend his fortune. Here's how he spends his money.

Bill Gates.JPG
Bill Gates.JPG

YURI GRIPAS/Reuters

Source:Business Insider


Gates has invested in a variety of stocks and assets and launched a $1 billion investment fund, Breakthrough Energy, with 20 others.

bill gates
bill gates

Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation)

Source: Forbes


Despite his massive fortune, Gates previously told Ellen DeGeneres that when he became a billionaire at age 31 (history's youngest billionaire at the time), he didn't go on a spending spree.

bill gates ellen

Bill Gates on "Ellen."

NBC

Source: Business Insider


But he has indulged in things over time, he said, like a private plane.

rich people private plane
rich people private plane

Scott Olson/Getty Images

Source: Business Insider


It's been reported that Gates owns a Bombardier BD-700 Global Express, which costs $40 million and can seat up to 19 people.

Bombardier Global Express

Not Bill Gates' personal plane.

Wikipedia

Source: Business Insider


Gates also spent a lot on his estate, Xanadu 2.0, in Medina, Washington. It took him seven years and $63 million to build. He purchased the lot for $2 million in 1988.

Bill Gates House

This aerial photograph taken on July 13 shows Bill and Melinda Gates' home in Medina, Washington which cost more than $60-million and four-years to build.

Reuters

Source: Business Insider


At 66,000 square feet, his home is worth about $125 million today.

Bill Gates House Property
Bill Gates House Property

Dan Callister / Getty Images

Source: Business Insider


In 2017, he paid $1,041,292.55 in property taxes on it, according to public filings.

Bill Gates House

An outside deck is shown at the home of Microsoft Chairman Bill Gates Tuesday, April 18, 2006, in the Seattle suburb of Medina, WA.

AP Photo/Ted S. Warren, Pool

Source: Business Insider


The estate has a trampoline room, which Gates told DeGeneres his three kids love.

Bill Gates Jennifer Gates
Bill Gates Jennifer Gates

Shutterstock Rex for EEM

Source: Business Insider


There are roughly $80,000 worth of computer screens sitting around the house.

bill gates microsoft
bill gates microsoft

Lucas Jackson/AP Images

Source: Business Insider


Devices worth $150,000 can display different paintings or photographs on the screens at a single touch.

bill gates art
bill gates art

WorldEconomicForum/Wikimedia Commons, GoogleCulturalInstitute/Wikimedia Commons

Source: Business Insider


However, there are real paintings on the wall as well — like the Winslow Homer painting Gates purchased for $36 million in 1988.

winslow homer lost on the grand banks
winslow homer lost on the grand banks

P. S. Burton / Wikimedia Commons

Source:Business Insider


There's also a 60-foot pool — in its own separate, 3,900 square-foot building.

bill gates pool house
bill gates pool house

jeffwilcox / Flickr

Source: Business Insider


That's not to mention the 2,100-square-foot library, home to a 16th-century Leonardo da Vinci manuscript that Gates bought at auction for $30 million in 1994.

codex leicester
codex leicester

Image Courtesy ©bgC3

Source: Business Insider


Gates reportedly pays to have sand imported from St. Lucia in the Caribbean to the shore surrounding his house.

st. lucia, saint lucia
st. lucia, saint lucia

Shutterstock/Jackie Smithson

Source: Business Insider


In addition to a home theater for 20 guests, six kitchens, and 24 bathrooms, Gates' house has various garages for 23 cars.

bill gates home
bill gates home

Google Maps

Source: Business Insider


It's perfect for Gates, an avid luxury-car collector. His first big splurge after founding Microsoft was a Porsche 911 supercar, he told DeGeneres. He later sold it, and it was auctioned for $80,000.

Porsche 911
Porsche 911

H&H Classics

Source: Business Insider


But that wasn't Gates' last Porsche. He also has a Porsche 959 in his car collection.

Porsche 959

Not Gates' personal car.

Wikimedia Commons

Source: Business Insider


Outside of his Washington pad, Gates also has a 4.5-acre vacation ranch in Wellington, Florida, with a 12,864-square-foot mansion.

bill gates florida home
bill gates florida home

Zillow

Source: Business Insider


He reportedly dropped $27 million to buy a whole string of properties in the area.

Wellington Florida
Wellington Florida

Knumina Studios/Shutterstock

Source: Business Insider


The area is hotspot for wealthy equestrians. His daughter Jennifer is an accomplished equestrian, and he bought the property to support her passion.

Jennifer Gates horse
Jennifer Gates horse

Nati Harnik/AP Images

Source: Business Insider


In California, he owns the 228-acre Rancho Paseana, which he purchased for $18 million. It includes a racetrack, orchard, and five barns.

bill gates rancho paseana
bill gates rancho paseana

Facebook, Hilton & Hyland

Source: Business Insider


He added to his California real estate portfolio in 2020, dropping $43 million on an oceanfront home in Del Mar, California. It has six bedrooms, a 10-person Jacuzzi, and a swimming pool.

california coastline del mar homes

Del Mar, California.

REUTERS/Mike Blake

Source: The Wall Street Journal


He also reportedly purchased a 492-acre Wyoming ranch, which listed for $8.9 million back in 2009.

wyoming
wyoming

LEOCHEN66/Shutterstock

Source: Business Insider


But Gates' real-estate portfolio doesn't end there.

Bill Gates
Bill Gates

Scott Olson / Getty Images



He's made numerous investments through his personal investment firm, Cascade, including partial ownership of Charles Hotel in Cambridge, Massachusetts.

charles hotel cambridge
charles hotel cambridge

Facebook.com/CharlesHotel

Source: Business Insider


He reportedly owns nearly half of the Four Season Holding's hotel chain through Cascade, including hotels in Atlanta and Houston.

four seasons atlanta
four seasons atlanta

Facebook.com/FourSeasonsHotelAtlanta

Source: Wall Street Journal


Gates shares 95% ownership with Prince Alwaleed bin Talal of Saudi Arabia.

Four Seasons Hotel
Four Seasons Hotel

KEVORK DJANSEZIAN/AP Images

Source: Wall Street Journal


In 2013, Gates and several unnamed buyers paid $161 million for the Ritz-Carlton in San Francisco. As of 2014, it was reportedly worth $200 million.

ritz carlton san francisco
ritz carlton san francisco

Facebook.com/ritzcarltonsanfrancisco

Source: Wall Street Journal


When he's not busy buying real estate or working, Gates needs a vacation or two to unwind.

bill gates vacation
bill gates vacation

Bill Gates/Facebook



He's traveled to Australia and Croatia ...

Croatia
Croatia

Dreamer4787/Shutterstock

Source:Travel + Leisure, Forbes


... and Belize and the Amazon in Brazil.

Belize
Belize

Aleksandar Todorovic/Shutterstock

Source:Travel + Leisure, Forbes


He's also treated his family to a Mediterranean vacation on board the 439-foot superyacht Serene, which he chartered for $5 million a week. It included a helicopter.

Yacht Superyacht Serene

The superyacht Serene is pictured at Auckland's Wynyard Wharf in Auckland, New Zealand.

Phil Walter/Getty Images

Source: The Daily Mail


He previously said that he likes to play tennis and go skiing. He's also been spotted spectating at tennis matches.

bill gates and roger federer
bill gates and roger federer

Bill Gates/Facebook

Source: The Telegraph


But Gates' downtime isn't always so adventurous. He's an avid reader, having indulged in quite the book collection.

bill gates reading
bill gates reading

Bill Gates/Facebook

Source: Business Insider


He's also an "avid bridge player," as he once told Reddit.

Bill Gates playing bridge
Bill Gates playing bridge

Carlos Barria/Reuters

Source:Business Insider


Gates hates to shop for himself, but did admit that he likes to "buy nice things" for his wife, Melinda.

bill gates melinda gates
bill gates melinda gates

Justin Sullivan/Getty Images

Source: CNBC


However, he once told Reddit that he doesn't like overspending on clothes and jewelry.

bill gates
bill gates

Afolabi Sotunde / Reuters

Source:CNBC


But Gates' splurges are only a fraction of his massive fortune. He previously told The Telegraph, "I have no use for money." Instead, he often donates to or invests his money in good causes.

bill gates
bill gates

John Lamparski/Getty Images

Source: The Telegraph


Gates previously invested in Amyris, a synthetic-biology company that originally produced precursors to malaria drugs and hydrocarbon-based biofuel. Today, it focuses on health through fragrances, skincare, and sweetener.

bill gates

Bill Gates speaks ahead of former U.S. President Barack Obama at the Gates Foundation Inaugural Goalkeepers event on September 20, 2017 in New York City.

Yana Paskova/Getty Images

Source:Business Insider


In November 2017, Gates invested $50 million into Alzheimer's research.

bill gates speaker
bill gates speaker

Yana Paskova/Getty Images

Source: Business Insider


He continued these efforts by recently investing $30 million with a group of investors into the Diagnostics Accelerator, a "venture philanthropy" fund to diagnose Alzheimer's earlier.

Bill Gates

Microsoft co-founder Bill Gates, speaks at the Bloomberg Global Business Forum in New York City, U.S., September 20, 2017.

REUTERS/Brendan McDermid

Source: Business Insider


Gates and Melinda are huge on philanthropy. They were recently named the most generous philanthropists in the US by The Chronicle of Philanthropy, having donated more than $36 billion to charitable causes through the Bill and Melinda Gates Foundation.

bill gates philanthropy
bill gates philanthropy

Jamie McCarthy/Getty Images

Source: Business Insider


Gates agreed to give away most of his fortune through the Giving Pledge, which he launched in 2010.

bill and melinda gates
bill and melinda gates

Bill Gates/Facebook

Source: Business Insider


The Gateses spent money traveling to Tanzania and other countries for charity work.

bill gates charity work
bill gates charity work

Bill Gates/Facebook

Source: Travel + Leisure


In 2017, they donated $4.78 billion, mostly to projects run by the Bill and Melinda Gates Foundation.

bill and melinda gates charity
bill and melinda gates charity

Bill Gates/Facebook

Source: Business Insider


They donated more than $2 billion in 2016 to causes related to global health and development and US education.

charity bill and melinda gates
charity bill and melinda gates

Bill Gates/Facebook

Source: Business Insider


They've pledged about $2 billion to defeat malaria, donated more than $50 million to fight Ebola, and pledged $38 million to a Japanese pharmaceutical company working to create a low-cost polio vaccine.

bill and melinda gates charity work
bill and melinda gates charity work

Bill Gates/Facebook

Source: Business Insider


The Gates Foundation has also committed at least $2.5 billion to the GAVI Alliance, which works to improve access to vaccines in poor countries.

charity bill gates
charity bill gates

Bill Gates/Facebook

Source: Business Insider


Bill and Melinda also prioritize education. The Gates Foundation established the Gates Millennium Scholars Program, which has received $1.6 billion.

bill gates stanford speech
bill gates stanford speech

Justin Sullivan/Getty Images

Source: Business Insider


It also partnered with the Dangote Foundation in 2016 to spend $100 million on eliminating malnutrition in Nigeria.

bill gates in africa
bill gates in africa

Bill Gates/Facebook

Source: Business Insider


When it comes to the future of his fortune, Gates is leaving $10 million to each of his children, a fraction of his net worth.

bill gates family
bill gates family

Bill Gates/Facebook

Source: Business Insider

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