- 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.
- The mansion is part of a massive real estate portfolio that could be divided in the couple's divorce.
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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.
Source: Realtor.com
It is considered a landmark in Del Mar.
Source: The Guiltinan Group